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Joanna Lewkowicz

joanna@boutiquehomerealty.com +1(708) 963-0011

Est. payment - /mo

6,229 Sqft Lot

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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Pending

Purchase Type For Sale

Subdivision F B Halls

MLS Listing ID 841327

Year Built 1941

Annual Tax Amount $4,100

Tax Year 2025

Lot Size 6,229 Sqft

Property Sub-Type Duplex

Property Description

Opportunity is knocking in the rapidly growing City of Hammond! This solid all-brick two-unit income property offers the perfect blend of investment potential, anyone seeking a multi family opportunity or long-term value, whether you're an investor looking to expand your portfolio or an owner-occupant ready to build equity while generating rental income. With separate entrances, a shared foyer, and privacy between units, this property provides flexibility for a variety of living and investment scenarios. The main level unit features 2 spacious bedrooms, a large eat-in kitchen with ample room for dining, a walk-in shower, and newer appliances. Upstairs, the second unit offers 1 bedroom, a full bath, also newer appliances and a generously sized eat-in kitchen, creating a comfortable and functional layout. An unfinished full basement provides abundant storage space and offers additional possibilities for future use. Outside, the private parking lot accommodates up to 6 vehicles, a valuable convenience for tenants and owners alike. Ideally located near major interstates with easy access to Chicago, public transportation, restaurants and shopping, this property offers easy access for commuters while remaining close to everything Hammond has to offer. Adding even more potential, the building was originally a commercial property and may offer the possibility of conversion back to commercial use. Properties with this level of flexibility, income potential, and location don't come around often. Whether you're looking to invest, occupy, or explore future opportunities, this is one you won't want to miss. Schedule your showing today and see firsthand all the possibilities this unique property has to offer!

Location

State IN

County Lake

Rooms

Basement Full, Unfinished, Storage Space, Interior Entry

Interior

Interior Features Entrance Foyer, Soaking Tub, Laminate Counters, Eat-in Kitchen

Heating Hot Water, Natural Gas

Cooling None

Fireplace No

Appliance Gas Range, Stainless Steel Appliance(s), Refrigerator, Gas Water Heater

Exterior

Parking Features Additional Parking, Off Street, Gravel, Alley Access

Building

Lot Description Back Yard, Near Public Transit, Front Yard, Few Trees

Schools

School District Hammond

Others

Acceptable Financing Cash, FHA, Conventional

Listing Terms Cash, FHA, Conventional

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Listed by Realty Executives Premier

NEARBY SCHOOL & BUSINESS

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Joanna Lewkowicz

Designated Managing Broker | Owner | 471.018027 471018027

+1(708) 963-0011 | joanna@boutiquehomerealty.com

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540 165th Street Hammond, IN 46324

Joanna Lewkowicz

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

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540 165th Street

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