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    Hammond, IN
    Conventional Restaurant

    Hammond, IN Conventional Restaurants for Sale

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    Calumet City, IL East Chicago, IN Lansing, IL Burnham, IL Whiting, IN South Holland, IL Dolton, IL Highland, IN
    Turnkey Restaurant and Bar
    Updated: Jun 12, 2025
    Turnkey Restaurant and Bar

    6247 Kennedy Ave, Hammond, IN 46323

    $1,000,000
    4,366 sqft 0.62 AC lot
    .62‑acre double lot with an operating, income‑generating restaurant and bar included in the sale
    Two tenants: Latin Bliss Restaurant (owner‑occupied) and Kenwood Tap (fully leased)
    Latin Bliss Restaurant is an operating venue with a loyal customer base
    Kenwood Tap is fully leased and provides stable rental income
    Property includes both the restaurant and the leased bar setup for continued operation
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    Mixed-Use Building with Restaurant
    Updated: Dec 22, 2025
    Mixed-Use Building with Restaurant

    6824 Calumet Ave, Hammond, IN 46324

    $349,900
    Approximately 3,400 SF mixed‑use commercial building with restaurant space plus office area
    Located on Calumet Avenue in Hammond, a main commercial corridor
    0.12‑acre lot (5,227 SF) on a small commercial parcel
    Monthly lease rate of $1,600
    Flexible layout for food service, office, retail, or other commercial uses
    View details
    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 6 Potential Opportunities for your consideration. Besides 2 Active listings in Hammond, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Turnkey Brewery and Restaurant Space
    Turnkey Brewery and Restaurant Space

    1409 119th St, Whiting, IN

    $550,000
    5,920 sqft 0.14 AC lot

    Two-story building with brewery, restaurant, and redevelopment potential.

    View details
    Dyer Commercial Building For Sale
    Dyer Commercial Building For Sale

    1209 Sheffield Avenue, Dyer, IN 46311

    $699,900
    3,970 sqft 0.68 AC lot

    Turnkey restaurant/bar on 0.68 acres with high traffic volume.

    View details
    Dyer Commercial Building on Sheffield
    Dyer Commercial Building on Sheffield

    1209 Sheffield Avenue, Dyer, IN 46311

    $744,900
    3,970 sqft 0.68 AC lot

    Versatile commercial building suitable for various business uses.

    View details
    Established Restaurant with Party Room
    Established Restaurant with Party Room

    1326 119th Street, Whiting, IN 46394

    $1,099,999
    23,390 sqft 0.21 AC lot

    Spacious restaurant with party room, bar, and carryout window.

    View details

    Hammond, IN Conventional Restaurants Market Trends and Statistics

    Explore 2 conventional restaurants for sale in Hammond, IN on our real estate platform. These investment opportunities span a total of 4,366 square feet of properties for sale, with an estimated market value of $1,349,900.

    Sale prices for conventional restaurants in Hammond, IN start at $349,900, averaging $674,950, and reaching up to $1,000,000 — 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 5
    Conventional restaurants 3
    Commercial kitchens 1
    Drive through restaurants 1

    Demographics Overview

    Population 117K
    Population Growth (5Y) +1.0%
    Median Household Income $68,360
    College Educated 24.8%

    Taxes & Financing

    Tax Rate (average for all types) 3.82%
    Property Tax per SF $41.87 per SF
    Tax Rate vs County Average 0.74 pp above 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

    Retail

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    • 46323
    • 46324

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