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    Dyer Commercial Building For Sale
    Updated: Nov 11, 2024
    Dyer Commercial Building For Sale

    1209 Sheffield Avenue, Dyer, IN 46311

    $699,900
    3,970 sqft 0.68 AC lot
    Prime commercial location on Sheffield Avenue with high traffic volume (7,995 vehicles per day) and excellent visibility.
    Spacious, almost 4,000 sq ft brick building on 0.68 acres suitable for various business uses.
    Currently operating as a turnkey restaurant and bar with expansive dining areas, a private bar section, and outdoor seating possibilities.
    Ample on‑site parking with paved and overflow spaces.
    Convenient access for Illinois commuters, located just 32 miles from Chicago.
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    Dyer Commercial Building on Sheffield
    Updated: Nov 12, 2024
    Dyer Commercial Building on Sheffield

    1209 Sheffield Avenue, Dyer, IN 46311

    $744,900
    3,970 sqft 0.68 AC lot
    Turnkey restaurant and bar with expansive dining areas and a separate bar section.
    Prime commercial location on Sheffield Avenue with high traffic volume.
    Large 0.68‑acre lot with ample on‑site paved and overflow parking.
    Versatile 4,000 sq ft brick building suitable for various business uses or redevelopment.
    Convenient access for Illinois commuters and proximity to Chicago.
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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Dyer, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Turnkey Restaurant and Bar on Double Lot
    Turnkey Restaurant and Bar on Double Lot

    6247 Kennedy Avenue, Hammond, IN 46323

    $1,000,000
    4,366 sqft 0.62 AC lot

    Two-tenant turnkey restaurant and bar on a double lot, offering an operating and leased income component.

    View details
    Crete Multi-Tenant Retail Restaurant Building
    Crete Multi-Tenant Retail Restaurant Building

    1338 Main St, Crete, IL 60417

    $1,750,000
    18,651 sqft

    Two-story, 18,651 SF multi-tenant building with bar, restaurant, and retail.

    View details
    Corner Bar and Restaurant Building
    Corner Bar and Restaurant Building

    1403 Michigan Street, Hammond, IN 46320

    $225,000
    2,000 sqft

    Standalone bar/restaurant building with on-site parking, commercial appliances, and rear storage to support a quick start-up buildout.

    View details
    Multi-Tenant Building on Main Street
    Multi-Tenant Building on Main Street

    1334-1338 Main St, Crete, IL

    $1,750,000
    18,651 sqft 0.22 AC lot

    Two-story, multi-tenant building with bar and restaurant potential.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Land in Itasca, IL
    Commercial Land in Itasca, IL

    100 S Walnut Street, Itasca, IL 60143

    Contact for pricing
    0.17 AC lot

    Commercial land available for sale in Itasca, Illinois.

    View details
    Dwight Commercial Development Opportunity
    Dwight Commercial Development Opportunity

    900 N Union Street, Dwight, IL 60420

    $1,200,000
    5.50 AC lot

    Restaurant, bar, and commercial land for sale in Dwight, IL.

    View details
    Zoned B-2 Commercial Land
    Zoned B-2 Commercial Land

    21835 State Road 120, Elkhart, IN 46516

    $330,000
    1.93 AC lot

    Nearly two-acre B-2 site with an existing 1,400-sq-ft building suited for office or retail concepts.

    View details
    Corner Lot with Liquor License
    Corner Lot with Liquor License

    700 W JEFFERSON Street, Springfield, IL 62702

    $199,900
    0.59 AC lot

    Commercial lot suitable for restaurant, gaming, liquor, or coffee shop.

    View details

    Dyer, IN Bars & Pubs Market Trends and Statistics

    Explore 2 bars & pubs for sale in Dyer, IN on our real estate platform. These investment opportunities span a total of 7,940 square feet of properties for sale, with an estimated market value of $1,444,800.

    Sale prices for pubs in Dyer, IN start at $699,900, averaging $722,400, and reaching up to $744,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Bars & Pubs 3
    Drive through restaurants 3
    Conventional restaurants 2
    Pubs 1
    Turn key restaurants 1

    Demographics Overview

    Population 23K
    Population Growth (5Y) +8.2%
    Median Household Income $109,167
    College Educated 50.9%

    High-Yield Neighborhoods for Investment

    Identify Dyer submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    46311 $699.9K

    Taxes & Financing

    Tax Rate (average for all types) 2.02%
    Property Tax per SF $27.54 per SF
    Tax Rate vs County Average 1.04 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lake County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Lake County

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