7200 Lyman Avenue, Hammond, IN 46324

Property Description

Three Acres of land across from a brand new commuter rail station to Chicago, few and far between, is the opportunity you've been waiting to arrive! Located within the Transit Development District, this prime real estate is rare earth. Set to open early next year, the South Hammond Station is fully constructed and right across the street. It is also connected to the Monon Bike Trail offering future residents high quality of life in a walkable, bikeable, and light rail rideable area along the new West Lake extension of the South Shore Line. The first new commuter rail in The Region in 100 years, this addition to North Township is certain to attract population growth and a desire for proximity. This is your blank canvass, raw and ready for your site plans. In just a few months riders will have six trains a day to Chicago as well as south to Munster Ridge and the Dyer stations! The bike trail features protected crossings headed north and south, bringing you to south to Munster and Crown Point or north to Downtown Hammond! There are an additional one hundred fifty feet of vacant frontage not included in this sale that could increase the total frontage on Lyman Avenue directly across from the new South Hammond Station. As it stands, this over three acres of undeveloped land offers over three hundred feet of frontage to the entrance of the station. Ride times to the third largest city in the country are estimated at thirty to forty five minutes depending on the number of stops. The most exciting fact of this prime of real estate is that it is already located within the Transit Development District as drawn by the city and RDA. That means all tax revenue generated at this location will remain within the TDD. That is not only an incentive for local government to approve development, it also means any taxes you pay will benefit the immediate area in which you intend to invest. Are you ready to help change the landscape of The Region? Welcome to South Hammond!

Listing Status:

Pending

Listing Office:

Reeder Companies : (219) 844-7007

Listing Agent:

Nathan Reeder :

MLS ID:

830464

Location

• Originating MLS: nira
• County: Lake

Lot

• Zoning: PT. S.1/2 SW.1/4 S.12 T.36 R.10 PT. GOV. LOT 1 BETWEEN MEADOW LANE AND LYMAN AVE 3.1AC450612381041000023
• View: NeighborhoodOther

Utilities

• Utilities: Electricity AvailableWater AvailableNatural Gas AvailableOther
• Water: Public
• Sewer: Unknown

Financial

• Source: nira

This listing courtesy of Nathan Reeder, Reeder Companies