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7200 Lyman Avenue, 
Hammond, IN 46324

$200,000


Bed


Bath


-

Sq Ft


3.10

Acres (Lot)


Land

Pending

Listed by

Nathan Reeder

Reeder Companies

219-844-7007

Last updated:

November 9, 2025, 03:18 AM

MLS#

830464

Source:

Northwest Indiana AOR as distributed by MLS GRID

About This Land

7200 Lyman Avenue

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!

Land Facts

Description/Design:

Land

Lot Size (Acres)

3.10

MLS #:

830464

Last Updated:

November 9, 2025, 03:18 AM

Added:

3 day(s) ago


Finances & Disclosures

Finances

Price:

$200,000

Source:Northwest Indiana AOR as distributed by MLS GRID
Based on information submitted to the MLS GRID as of November 9, 2025. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

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Contact an Agent

Yes, I would like more information from Coldwell Banker. Please use and/or share my information with a Coldwell Banker agent to contact me about my real estate needs.

By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.