Now Leasing — Hammond, Indiana
Premium Office & Retail
8 Floors. 12 Units. Prime Downtown.
Class A office and retail space in the heart of Hammond — steps from the new South Shore train station. Lower costs than Chicago. Zero compromise on quality.
- 40K+
- Total Sq Ft
- $21–30
- Per Sq Ft
- 8
- Floors
- 12
- Units
Available Spaces
Suite, Full Floor — or Multiple Floors
From 550 sq ft to 5,131 sq ft full-floor opportunities — with multi-floor and whole-building options.
One-of-a-Kind Opportunity: Once fully leased, no other Class A office space will be available in downtown Hammond unless you build from ground up. If you're planning a move out of Illinois, this is your opportunity.
2E — Floor 2 East
Ideal for: Professional services, small teams
Size
1,961 SF
Rate
$21.00 NNN/SF
Monthly
$3,432/mo
Available
Q2 2026
2W — Floor 2 West
Ideal for: Professional services, growing teams
Size
3,070 SF
Rate
$21.00 NNN/SF
Monthly
$5,373/mo
Available
Q2 2026
3E — Floor 3 East
LeasedSize
1,536 SF
Rate
$23.00 NNN/SF
Monthly
$2,944/mo
Available
Leased until Q2 2027
3W — Floor 3 West
Ideal for: Regional offices, operations teams
Size
3,595 SF
Rate
$23.00 NNN/SF
Monthly
$6,890/mo
Available
Q4 2026
4th Floor — Full Floor
Ideal for: Corporate HQ, law firms, financial services
Size
5,131 SF
Rate
$24.00 NNN/SF
Monthly
$10,262/mo
Available
Q3 2026
5th Floor — Full Floor
Ideal for: Corporate HQ, operations teams
Size
5,131 SF
Rate
$25.00 NNN/SF
Monthly
$10,690/mo
Available
Q2 2026
6th Floor — Premium
PremiumIdeal for: Executive teams, client-facing organizations
Size
5,131 SF
Rate
$27.00 NNN/SF
Monthly
$11,545/mo
Available
Q3 2026
7th Floor — Premium
PremiumIdeal for: Executive HQ, prestigious firms
Size
5,131 SF
Rate
$28.00 NNN/SF
Monthly
$11,972/mo
Available
Q2 2026
8th Floor — Penthouse
PremiumIdeal for: Corporate headquarters, flagship offices
Size
5,131 SF
Rate
$29.00 NNN/SF
Monthly
$12,400/mo
Available
Q2 2027
Planning a multi-floor move?
Let's map your timeline. Suite, full floor, multiple floors — or the whole building.
Talk to LeasingMove-In Ready
No Buildout Required
Unlike other Class A buildings in NWI that require total buildouts, 200 Russell is finished and ready for occupancy.
Other NWI Class A Buildings
Requires Total Buildout
- $80-150/sq ft buildout cost
- 6-12 months construction time
- Architect, permits, contractor management
- Pay rent during construction
Example: 5,000 sq ft buildout
$400K - $750K+
Plus months of delays
200 Russell
Move-In Ready
- $0 buildout cost
- Move in immediately
- Natural stone bathrooms already installed
- Micro cement walls, premium finishes
Your savings on 5,000 sq ft
$400K - $750K+
Plus start generating revenue Day 1
*Buildout estimates based on Class A office finish comparable to 200 Russell in the Chicago/NWI market
Build Quality
True Class A — Not Just Marketing
Most "Class A" buildings in NWI cut corners where you can't see. We built 200 Russell to a different standard.
Other "Class A" Buildings
Basic Mechanicals & Finishes
- Forced air heating
noisy, uneven temps
- Vinyl or carpet flooring
wears fast, looks dated
- Vinyl sticker baseboards
1980's lowest-cost option — peels off
- Standard single drywall
hear your neighbors
200 Russell
Premium Throughout
- Radiant heat
quiet, even, efficient
- Polished terrazzo floors
timeless, durable
- Limestone & marble baseboards
real stone
- Soundproof double drywall + mineral wool
both sides
Your clients will notice the difference. Your employees will thank you.
Whole-Building Infrastructure
Built for Modern Business
Every floor is equipped with enterprise-grade systems — from power and connectivity to security and life safety.
3-Phase Electrical
Each floor has separately metered 3-phase electrical — ideal for high-demand equipment and server rooms. A NEW 500KVA transformer dedicated to this building ensures clean, reliable power.
Tankless Water Heaters
On-demand hot water with tankless systems — energy efficient with unlimited capacity.
Direct Fiber + Cable Backup
Direct fiber connection to every floor, plus industrial-grade cable internet backup for redundancy.
Integrated Ubiquiti WiFi
Enterprise-grade Ubiquiti wireless throughout the building with centralized management.
Ubiquiti Access Controls
Modern keyless entry with mobile credentials, audit trails, and remote management.
4K Security Cameras
High-resolution 4K security cameras throughout common areas and building perimeter.
State-of-the-Art Life Safety
Fully sprinklered with brand-new fire alarm systems, emergency lighting, and code-compliant egress.
Infrastructure That Scales With You
Whether you're taking a single suite or multiple floors, every space connects to the same enterprise-grade backbone. No upgrades needed — it's already built in.
Schedule a TourBuilding Amenities
Everything You Need
A modern workplace designed for productivity and comfort.
60 Private Parking Spaces
Dedicated on-site parking for tenants and their customers. No hunting for street parking.
10gig+ Dedicated Fiber
Enterprise-grade connectivity with dedicated fiber lines to every unit.
24/7 Security Cameras
Comprehensive surveillance coverage throughout the building and parking areas.
Controlled Building Access
Secure entry system with controlled access for tenants and authorized visitors.
Premium Finishes
Polished terrazzo floors, radiant heat, and modern fixtures throughout.
14' Penthouse Ceilings
Dramatic ceiling heights on upper floors with stunning views.
South Shore Access
Steps from the new South Shore station — direct access to Chicago.
On-Site Management
Responsive property management team on-site to handle any issues quickly.
Full-Service On-Site Management
Our dedicated management team is on-site to ensure your business runs smoothly. From day-to-day maintenance to tenant support, we handle everything so you can focus on what matters.
Indiana Incentives
Maximize Your Tax Advantages
200 Russell sits in both a federal Opportunity Zone and Indiana Enterprise Zone — stacking incentives that can save your business hundreds of thousands of dollars.
Opportunity Zone
200 Russell is located in a federally designated Opportunity Zone, offering significant tax advantages for investors.
- Defer capital gains taxes by investing in the zone
- Reduce capital gains tax by up to 15% if held 7+ years
- Pay zero capital gains on Opportunity Zone investment appreciation if held 10+ years
Enterprise Zone
Hammond's Enterprise Zone provides additional state and local incentives for businesses that locate here.
- Investment deduction on qualified investments
- Employment expense credit for zone residents hired
- Loan interest credit for lenders
- Gross income tax exemption on increased receipts
Indiana Tax Advantages
Indiana consistently ranks as one of the most business-friendly states in the nation.
- 3.05% flat personal income tax (dropping to 2.9% in 2027)
- No inventory tax
- No gross receipts tax
- No franchise tax
- No personal property tax on new equipment
Cost Savings vs. Illinois
Relocating from Illinois to Indiana can dramatically reduce your operating costs.
- 40%+ lower total occupancy costs
- No Chicago head tax ($4/employee/month)
- Lower workers' compensation rates
- Lower unemployment insurance costs
- Property taxes under $0.80/sq ft (vs. $3-5+ in Chicago)
Ready to Calculate Your Savings?
Every business situation is different. Let us connect you with our network of CPAs and tax advisors who specialize in Illinois-to-Indiana relocations.
Get a Custom Tax AnalysisLower Your Costs
When all your costs are rising, here's an opportunity to lower them across the board.
Illinois businesses are facing higher taxes, more regulations, and rising overhead every year. Indiana offers a reset — lower property taxes, no corporate income tax on pass-throughs, and a business-friendly environment that lets you keep more of what you earn.
40%
Lower Operating Costs
vs. comparable Chicago space
0%
State Income Tax
Indiana has no corporate income tax on pass-through entities
45 min
To Downtown Chicago
Via South Shore Line from the new station
$2B+
Regional Investment
Northwest Indiana is booming
Strategic Location
Chicago Access. Indiana Advantages.
200 Russell sits at the intersection of opportunity — minutes from the new South Shore train station, with direct access to Chicago's Loop. All the connectivity of a major metro, without the overhead.
Why Illinois Businesses Are Moving Here:
Location
Downtown Hammond — Chicago-close
200 Russell sits in the heart of downtown Hammond — steps from the new South Shore station for a direct ride into Chicago.
South Shore
Walkable
New station nearby
To the Loop
~45 min
via South Shore
Border
Minutes
IL — IN access
Tip: Share the map link with your team when planning a tour.
Why this matters
Your clients and staff get Chicago connectivity without Chicago overhead — in a true downtown setting.
Schedule a TourRelocation Concierge
We'll Help Your Entire Team Make the Move
We moved here ourselves from the North Shore of Chicago — and we want you to benefit just as we have. Our relocation team is available to help your entire staff transition smoothly.
- Help employees find nice apartments or buy homes
- Assist with selling Illinois properties
- Show you the best neighborhoods, schools, and commutes
- Introduce you to top restaurants, shopping, and local favorites
- Guide you through the entire relocation cycle
Leave Illinois — The Right Way
From office space to home buying, we're here to support your team through the whole journey.
Address
200 Russell Street, Hammond, IN 46320
Your Leasing Contact
So Hui Nye
@properties Commercial Broker
Specializes in Illinois-to-Indiana relocations. Experienced advisor who owns and operates several buildings in downtown Hammond. Can help move your whole team across the border so everyone benefits from Indiana's lower costs and better business environment.
Interested in naming rights? Inquire about becoming "The [Your Company] Tower."
@properties Christie's International Real Estate
Request Information
Tell us what you're looking for and we'll get back to you within 24 hours.
Prefer email? Contact So Hui Nye at [email protected]