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  5. ›RFP26R-9: 4421 Ash Ave, 6121-23 Columbia, and 1033 Kenwood

City of Hammond·Indiana

RFP26R-9: 4421 Ash Ave, 6121-23 Columbia, and 1033 Kenwood

Closes 8/18/2026$50k – $300kRequest for Proposal
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Description

The City of Hammond Redevelopment Commission is offering three parcels of vacant land for private purchase and redevelopment. Interested developers must submit sealed redevelopment proposals that include detailed plans, intended use, and a 5 % cash deposit based on each parcel’s minimum price. The buyer will assume all costs for acquisition, any required environmental remediation, and subsequent development, while the city provides title insurance and permits access for inspections. Proposals are due by the receipt deadline, after which they will be opened and evaluated based on project quality, schedule, financial capacity, and overall benefit to the community. • Three parcels available: 4421 Ash Ave ($6,200), 6121‑23 Columbia ($10,100), 1033 Kenwood ($3,900). • Required deliverables: detailed redevelopment plan, cash deposit (5 % of parcel price), and compliance with environmental and permitting requirements. • Evaluation criteria include project scope, schedule, bidder reputation, experience, and financial resources; the city may award to the “highest and best” bidder.

Attached files

Contact

Anne Taylor(Inspection Contact)

(219) 853-6508

Key dates

Opened
8/3/2026
Closes
8/18/2026
Duration
90 days

Last updated

Details

Type
Request for Proposal
Industry
Real Estate
NAICS
531110
Solicitation №
RFP26R-9

Budget estimate

$50,000 – $300,000

While the purchase prices total only $20,200, a developer can add significant value through construction, permitting, and resale. Assuming modest residential or mixed‑use development, potential profit could range from $50,000 for a minimal renovation to $300,000 or more for larger scale projects, depending on construction costs, market conditions, and speed of execution.

AI estimate from the solicitation

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