6429-6431 Kennedy Avenue #1 Hammond, IN ^$ 550,000

6429-6431 Kennedy Avenue #1

^$ 550,000

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6429-6431 Kennedy Avenue #1

Hammond, IN, 46323

^$ 550,000

Bedrooms-- Baths-- Sq 8,414

Monthly Estimate*

^$ 3,431

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Commercial Property for sale in Hammond, IN

for $550,000. This 8,414 square foot building was built in 1952 on a lot size of 0.132.

Investment Opportunity - 6-Unit Mixed Use Building. Property Highlights: Zoning: Commercial C4 (ideal for almost any type of business)Total Units: 6 + 3-Car Garage Commercial / Retail, front Retail Units (high visibility) rear Commercial Unit (Currently operating as: Beauty Salon, Herbalife Retail, and Drift Retail Store) Residential 2 Spacious 2-Bedroom Apartments,1 Studio Apartment Extra Income Potential 3-Car Garage - rents separately for additional revenue

Commercial Active

Price

^$ 550,000

Property Type

Commercial

Taxes

^$ 6,344

Style

Mixed Use

Lot Size

0.132

Year Built

1952

Town/City

Hammond

County/Region

Lake

MLS | Web ID

828590

Features

General

Sewer Public Sewer

Heating Forced Air Natural Gas

Utilities Electricity Connected Water Connected Sewer Available Sewer Connected Other Natural Gas Connected

Appliances None

Year Built 1952

Electric 100 Amp Service

View None

Township North

Unit Number 1

Property Subtype Mixed Use

Tax Year 2024

Gross Income 0

County Lake

Net Operating Income 0

Insurance Expense 8400

Property Type Commercial Sale

MaintenanceExpense 0

Subdivision Name Turner-Meyn Park

Building Features Mixed Use Other

Status Active

Directions from Kennedy Ave pass 165th St corner of 164th

City Hammond

Lot Size Square Feet 5750

Listing Terms Cash Other Conventional

Tax Annual Amount 6344.36

Electric Expense 0

Trash Expense 0

Standard Status Active

Total Actual Rent 0

Taxes 6344.36

Legal Description Legal Description: TURNER MEYN PARK L.1 BL.7

Exterior

Exterior Amenities None

Parking Features Alley Access On Street Paved Garage Faces Side

Lot Features Corner Lot Paved

Water Source Public

Total Parking 12

Lot Size Acres 0.132

Lot Size Source Assessor

Waterfront Y/N N

Interior

Laundry Features Main Level Upper Level

* Excluded Features

List By

Alejandrina Perez de Davila

Listing Agent

Homes On Demand Realty

Broker

homesondemand724@gmail.com

Affordability Calculator

$3,960

Per Month

Monthly Principal & Interest: $3,431
Monthly Property Taxes: $529
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Hammond, IN

Average List Price ^$556,909

Percent of Sale Price 1%

About Hammond, IN

77,082 Population

-7% Since 2002

^$41,776 Median Income

35.38 Median Age

30% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1261196 Elementary School

1261197 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/1/2025	$550,000		Listed Price

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6429-6431 Kennedy Avenue #1, Hammond, IN, 46323 is a Commercial Property for sale at $550,000 with 8,414 sqft and a lot size of 0.132. 6429-6431 Kennedy Avenue #1 was built in 1952. The property's zip code is 46323 which is in Hammond, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the Greater Northwest Indiana Multiple Listing Service.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Greater Northwest Indiana Multiple Listing Service. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 12/14/2025.

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6429-6431 Kennedy Avenue #1

Commercial Property for sale in Hammond, IN

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