6429-31 Kennedy Avenue Hammond, IN ^$ 550,000

6429-31 Kennedy Avenue

^$ 550,000

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6429-31 Kennedy Avenue

Hammond, IN, 46323

^$ 550,000

Bedrooms-- Baths-- Sq 7,952

Monthly Estimate*

^$ 3,386

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Commercial Property for sale in Hammond, IN

for $550,000. This 7,952 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

^$ 5,264

Style

Multi Family

Lot Size

0.132

Year Built

1952

Town/City

Hammond

County/Region

Lake

MLS | Web ID

833728

Features

Interior

Interior Amenities Eat-in Kitchen Kitchen Island Granite Counters

Laundry Features Gas Dryer Hookup Washer Hookup Upper Level Main Level

General

Sewer Public Sewer

Heating Forced Air Natural Gas

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

Appliances None

Security Features Carbon Monoxide Detector(s)

Year Built 1952

Electric 100 Amp Service

View None

Township North

Property Subtype Multi Family

Tax Year 2024

Gross Income 78600

County Lake

Net Operating Income 0

Insurance Expense 8400

Property Type Commercial Sale

MaintenanceExpense 0

Subdivision Name Turner-Meyn Park

Building Features Multi Tenant Mixed Use Private Restrooms

Status Active

Directions From Indianapolis Blvd take east on 165th turn left onto Kennedy building is on the corner of Kennedy and Cleveland.

City Hammond

Lot Size Square Feet 5750

Listing Terms Cash Other Conventional

Tax Annual Amount 5264

Electric Expense 0

Trash Expense 0

Standard Status Active

Total Actual Rent 0

Taxes 6344.36

Legal Description TURNER MEYN PARK L.1 BL.7

Assoc/CIC None

Exterior

Exterior Amenities None

Parking Features Paved On Street Garage Faces Side Alley Access

Lot Features Corner Lot Paved

Water Source Public

Total Parking 12

Lot Size Acres 0.132

Lot Size Source Assessor

Waterfront Y/N N

* Excluded Features

List By

Alejandrina Perez de Davila

Listing Agent

Homes On Demand Realty

Broker

homesondemand724@gmail.com

Affordability Calculator

$3,825

Per Month

Monthly Principal & Interest: $3,386
Monthly Property Taxes: $439
Monthly Home Insurance: --

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Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% 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 ^$553,626

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
2/6/2026	$550,000		Listed Price

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6429-31 Kennedy Avenue, Hammond, IN, 46323 is a Commercial Property for sale at $550,000 with 7,952 sqft and a lot size of 0.132. 6429-31 Kennedy Avenue 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 6.25% 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 2/7/2026.

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6429-31 Kennedy Avenue

Commercial Property for sale in Hammond, IN

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