5265 Hohman Avenue

Hammond, IN 46320

Listing ID: 258546

$1,000,000

For Sale

Property Type Office for Sale : Professional
Lot Size Acres 0.200
Building Sq Ft 62,620
Building Price per Sq Ft $15.97
Land Sq Ft 8,712
Land Price per Sq Ft $114.78

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Property Highlights

• Located within an opportunity zone

• Access from Hohman Ave. and Russell St.

• Proximal to Lake County Superior Courthouse and Franciscan St. Margaret

• Access to public transportation

• 62,620 SF limestone and concrete 4-story office

• Located in the Reinvigorated Central Business District

• Ample street and public parking

• Excellent for downtown office users

Description

Limestone and concrete 4-story office with pedestrian bridge connecting building to the Yale Business Center. Perimeter office encircles interior office. Ample public and street parking.

Attachments & Files

saleflyer-1-BjI-O8p.pdf

Listing Demographics for 5265 Hohman Avenue Hammond, IN 46320

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

		1-Mile	3-Miles	5-Miles
Total Population		17,555	105,548	249,047
Population Median Age		34	37	37
Population by Age	0-9 Yrs	2439 (13%)	13321 (12%)	32464 (13%)
	10-19 Yrs	3212 (18%)	16552 (15%)	37607 (15%)
	20-29 Yrs	2775 (15%)	15499 (14%)	34988 (14%)
	30-39 Yrs	1883 (10%)	13335 (12%)	30372 (12%)
	40-49 Yrs	2533 (14%)	13456 (12%)	31262 (12%)
	50-59 Yrs	2250 (12%)	14040 (13%)	32510 (13%)
	60-69 Yrs	1474 (8%)	10403 (9%)	26795 (10%)
	70+ Yrs	988 (5%)	8942 (8%)	23049 (9%)

Median HH Income		$35,469	$43,253	$47,729
Total Household Income	< 24K	2314 (38%)	11466 (29%)	24575 (26%)
	25-49K	1459 (23%)	10426 (26%)	23036 (25%)
	50-74K	1289 (21%)	7555 (19%)	17653 (19%)
	75-99K	535 (8%)	4269 (10%)	11063 (12%)
	100-199K	417 (6%)	4839 (12%)	13805 (15%)
	200K+	70 (1%)	586 (1%)	1723 (1%)

Highest Education Level	No Diploma	2255	12202	24135
	Diploma or GED	3602	23153	53324
	Some College	2735	16934	40224
	Assoc. Degree	788	5343	13363
	Bachelors Degree	677	6661	19938
	Higher Degree	213	3212	9837

Total Housing Units		7,482	45,601	105,517
--Owner-Occupied		2,398	21,582	56,657
--Renter-Occupied		3,687	17,559	35,200
Owner-Occupied Values	< 100K	1758	11978	24279
	100-199K	529	8172	25713
	200-299K	49	911	4459
	300-399K	23	234	1222
	400-499K	0	23	378
	500K+	38	263	607

Total Working Age Population		13,108	82,394	193,993
In Work Force		7,660	50,646	119,066
Not In Work Force		5,448	31,748	74,927
Workforce Employed		6,638	44,561	106,053
Workforce Unemployed		1,022	6,079	12,924
Civlian Workforce		7,660	50,640	118,977
Military Workforce		0	6	89

Total Households		6,084	39,141	91,856
Family Households		3,735	24,351	59,446
Non-Family Households		2,349	14,790	32,411
Married Couple		1,624	12,265	31,765
Other Family		2,111	12,086	27,681
Married w/Child		771	5,002	12,118
Single Male w/Child		269	1,183	2,584
Single Female w/Child		995	5,042	11,799

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
Illinois	12,419,293	+3	12,830,632	+12	14,316,487	+6	15,138,849
Cook County	5,376,741	-3	5,194,675	+10	5,707,832	+5	5,990,243
Will County	502,266	+35	677,560	+34	907,625	+20	1,093,207
Indiana	6,080,485	+7	6,483,802	+4	6,738,573	+4	7,014,880
Lake County	484,564	+2	496,005	-3	479,815	+1	482,321

No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Listing Location & Map Views

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