3050 Sheffield Avenue, Hammond, IN, 46320

3050 Sheffield Avenue Hammond, IN 46320

Hammond
FOR SALE
Property Type:
Other Land
Amount:
$425,000
Last Verified:
Jan 26, 2026

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Highlights

  • I-2 Zoning (Heavy Industrial)
  • Excellent location that features close proximity to Illinois
  • Opportunity for owner user or business to develop
  • Low Indiana taxes
  • Located near Indiana Harbor and the NWI Oil Refineries

Description

2.81 acres of I-2 zoned land less than a 1/4 away from the Indiana/Illinois border. This is an excellent opportunity for either a business or owner user to develop the property and take advantage of low Indiana taxes with easy access to the Chicagoland area.

Hammond is a city in Lake County, Indiana. It is part of the Chicago metropolitan area, and the only city in Indiana to border Chicago. First settled in the mid-19th century, it is one of the oldest cities of northern Lake County. As of the 2020 United States census, it is also the largest in population. The 2020 population was 77,879, replacing Gary as the most populous city in Lake County. From north to south, Hammond runs from Lake Michigan down to the Little Calumet River; from east to west along its southern border, it runs from the Illinois state line to Cline Avenue. The city is traversed by numerous railroads and expressways, including the South Shore Line, Borman Expressway, and Indiana Toll Road. Notable local landmarks include the parkland around Wolf Lake and the Horseshoe Hammond riverboat casino. Part of the Rust Belt, Hammond has been industrial almost from its inception, but is also home to a Purdue University campus and numerous historic districts that showcase the residential and commercial architecture of the early 20th century.

Lot Size: 2.81 acres


Documents

Sale Brochure

Map of 3050 Sheffield Avenue, Hammond, IN, 46320

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

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