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  5. ›RFP26R-7: 4624 Johnson Ave, 627 Hoffman St, 1045-47 Morris…

City of Hammond·Indiana

RFP26R-7: 4624 Johnson Ave, 627 Hoffman St, 1045-47 Morris St, 1049 Morris St, 4147 Hohman Ave, and 7236 Grand Ave

Closes 7/7/2026$6k – $20kRequest for Proposal
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Description

The City of Hammond Redevelopment Commission is offering six parcels of municipal land for private purchase and subsequent redevelopment. Interested parties must submit a sealed redevelopment proposal, including a detailed development plan, intended use, and a 5 % cash or certified‑check deposit, by the receipt deadline. The city will provide title insurance and right‑of‑entry for inspections; the buyer must close the purchase within 90 days and handle any required environmental remediation. Evaluation will consider development quality, schedule, financial capacity, and compatibility with neighboring properties. • Six parcels available with minimum prices ranging from $5,500 to $15,650 • Proposals due July 7 2026 4 p.m.; opening at 4:30 p.m. the same day • Required 5 % deposit and buyer responsible for closing and any remediation within 90 days • Contact Anne Taylor for site inspections; proposals submitted to HRC Planning & Development Offices, 5925 Calumet Ave, Hammond, IN 46320

Attached files

Contact

Anne Taylor(Parcel Inspection Contact)

(219) 853-6508

Key dates

Opened
7/1/2026
Closes
7/7/2026

Last updated

Details

Type
Request for Proposal
Industry
Property Development
NAICS
531311
Solicitation №
RFP26R-7

Budget estimate

$5,500 – $20,000

The transaction values are modest, with minimum parcel prices from $5,500 to $15,650 and a required 5 % deposit (approximately $275–$783). Assuming the buyer pursues development, total project revenues could range from the low end of the purchase price plus modest development fees to higher‑end values if larger, mixed‑use projects are undertaken. A conservative estimate places potential earnings between $5,500 and $20,000, reflecting the purchase price spectrum and possible added development profit.

AI estimate from the solicitation

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