Why 5268 Hohman

Hohman Avenue is being re-priced. A funded wave of catalysts — The Banc delivered, Roberts Center bringing 300 students and scientists, a $10M South Shore station opening summer 2027, the Chicago Bears building a stadium just north of downtown, LaSalle's 28 apartments and a bar & grill by an acclaimed chef next door, 8 acres of new mixed-use on the former hospital site, the Yale building, the Mercantile — lands inside a standard first lease term. 5268 Hohman is the lowest-cost new space on the corridor. The question is whether you're paying 2026 rent or 2028 rent.

The Floor Price on a Re-Pricing Corridor

Asking rent of $32.00 PSF includes full tenant use of the rooftop. It's the lowest-cost entry to new space downtown — and it's priced into a corridor that's being repriced by delivered and funded demand, not speculation. The same national site-selection teams that usually wait for proof are already building on the Hammond corridors: Chipotle and Dutch Bros at Indianapolis & 165th, Zaxby's and Jack in the Box at 165th & Calumet. Lock the floor price now; the comp moves when the station opens and the residential base fills in.

A Captive Daytime Audience

Roberts Center brings ~300 university students and quantum scientists to the corridor — a captive, educated, higher-income daytime population with predictable daily patterns. Add the Yale Executive Building across the street, the 100 households at The Banc and 28 more at LaSalle, the commuters off the South Shore line, game-day crowds from the Bears stadium just north of downtown, and the steady daily traffic from the federal building, the county courthouse, and Hast High School — all a short walk away. You're not marketing for traffic; it's being delivered to the block.

Stacked Tax Incentives

C-3 zoning with both Opportunity Zone and Enterprise Zone designations. Qualifying users may access potential tax incentives tied to tenant improvements, equipment investment, and hiring — on top of the capital investment and long-term growth driven by Opportunity Zone-backed development. The incentives improve your buildout economics; they don't replace a real concept.

Rooftop Potential, Included

Rooftop access is baked into the lease — an amenity most downtown spaces can't offer, and the feature that separates this shell from every other vanilla box on the corridor. Signature opportunity to develop a rooftop dining and bar experience that adds seat count, elevates brand identity, and drives destination traffic from day one.

Move on Your Timeline

The vanilla-box shell is ready. You control buildout scope and schedule — not a landlord's construction calendar. A $250–450K buildout puts you operational in 3–5 months, open ahead of the summer 2027 station. The alternative path — ground-up construction — is $2–5M and 12–18 months. The capital gap is 5–10×.

Built for an Operator Who Can Execute

This is entry pricing for a qualified operator ready to build out a real concept — not a discount for whoever shows up. The right tenant has a proven model or a clear concept, the capital to build it well, and the vision to claim the corridor before it's priced in. If that's you, the floor price is the advantage. If it isn't, this isn't the right fit.

Any proposed use remains subject to lease terms, licensing, zoning, health-code requirements, and operational capacity. Tax incentives depend on the tenant's specific circumstances and should be verified with the appropriate authorities. Demand-driver timelines are based on publicly available project information and are subject to change.

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