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  5. ›RFP26R-5: 6244 Hohman Ave, 6248 Hohman Ave, 6252 Hohman Ave, 935 Co…

City of Hammond·Indiana

RFP26R-5: 6244 Hohman Ave, 6248 Hohman Ave, 6252 Hohman Ave, 935 Conkey St, and 7038 Carolina Ct

Closes 2/3/2026$100k – $1MRequest for Proposal
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Description

The City of Hammond Redevelopment Commission is offering five vacant parcels for private redevelopment. Interested developers must submit sealed redevelopment proposals that include a purchase offer, a detailed development plan, financial proof, and a 5 % earnest‑money deposit. Proposals are due by February 3 2026, with opening at 4:30 p.m. The city will award the parcels to the highest‑and‑best bidder, requiring purchase‑agreement closing within 90 days and construction start within another 90 days. Key points: • Five parcels (three on Hohman Ave, one on Conkey St, one on Carolina Ct) with minimum sales prices ranging from $10,500 to $13,150. • Earnest‑money of 5 % of the minimum price (≈ $525‑$658) must accompany each proposal. • Applicants must provide detailed redevelopment plans, financing evidence, and obtain all required permits. • All proposals are to be delivered to the HRC Planning and Development Offices at 5925 Calumet Avenue, Hammond, IN 46320.

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

Anne Taylor(Contact person for parcel inspection)

(219) 853-6508

Key dates

Opened
7/1/2026
Closes
2/3/2026

Last updated

Details

Type
Request for Proposal
Industry
Property Development
NAICS
236220
Solicitation №
RFP26R-5

Budget estimate

$100,000 – $1,000,000

No direct payment amount is stated; the city’s revenue will be the purchase price (minimum total $60,850) and the buyer’s profit will stem from the eventual sale or leasing of the redeveloped units. Assuming a typical redevelopment margin of 15‑30 % on a construction budget of $1‑2 million per parcel, the developer’s earnings could range from roughly $100 k on the low end (small‑scale renovation) to $1 million or more on the high end (full‑scale residential construction).

AI estimate from the solicitation

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