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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 Chicago, IL South Holland, IL Dolton, IL Whiting, IN Highland, IN
    Mixed-Use Restaurant Property
    Updated: Sep 10
    Mixed-Use Restaurant Property

    7003 Kennedy Avenue, Hammond, IN 46323

    $289,000
    2,270 sqft 0.14 AC lot
    2,270‑square‑foot mixed‑use property on a 0.144‑acre lot
    Front restaurant area includes Super Sub and Key Pizza
    Commercial kitchen with staff area, POS system, and office
    Rear 3‑bed, 1‑bath residential unit with its own furnace and AC
    Off‑street parking with room for expansion and a drive‑through
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    Restaurant Property With Leased Bar
    Updated: Jun 12, 2025
    Restaurant Property With Leased Bar

    6247 Kennedy Avenue, Hammond, IN 46323

    $1,500,000
    4,366 sqft 0.62 AC lot
    4,366‑square‑foot restaurant property on a 0.62‑acre double lot
    Built in 1954 with a restaurant and separately leased bar operation
    Latin Bliss Restaurant is owner‑occupied
    Kenwood Tap is fully leased
    Wet bar and equipped commercial kitchen
    View details
    Turnkey Restaurant and Bar
    Turnkey Restaurant and Bar

    6247 Kennedy Ave, Hammond, IN 46323

    $1,500,000
    4,366 sqft 0.62 AC lot

    Own an operating restaurant plus a fully leased bar on a double lot.

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    See what stands out in Lake County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

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    Mixed-Use Property with Restaurant
    Mixed-Use Property with Restaurant

    6824 Calumet Avenue, Hammond, IN 46324

    Contact for pricing
    3,483 sqft 0.12 AC lot

    Two commercial units include a leased restaurant and flexible office space.

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    Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 4 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.

    Licensed Nightclub With Kitchen
    Licensed Nightclub With Kitchen

    4620 Tod Avenue, East Chicago, IN 46312

    $669,900
    3,500 sqft 0.08 AC lot

    Furnished entertainment venue with a commercial kitchen, wet bar, security system, and public utilities.

    View details
    Two-Story Mixed-Use Property
    Two-Story Mixed-Use Property

    2439 W 15th Avenue, Gary, IN 46404

    $225,000
    3,387 sqft 0.07 AC lot

    Commercial restaurant and bar space occupies the first floor, with a separate residential unit above.

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    Two-Story Mixed-Use Property
    Two-Story Mixed-Use Property

    2439 W 15th Ave, Gary, IN 46404

    $225,000
    3,387 sqft

    Commercial restaurant space occupies the ground floor, with a private-entry residential unit above.

    View details
    Bar & Pub Building with Wet Bar
    Bar & Pub Building with Wet Bar

    604 W 151st Street, East Chicago, IN 46312

    $95,000
    1,875 sqft 0.09 AC lot

    The property includes a basement, wet bar, and public water and sewer service.

    View details

    Hammond, IN Conventional Restaurants Market Trends and Statistics

    Explore 4 conventional restaurants for sale in Hammond, IN, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 14,485 square feet of properties for sale, with an estimated market value of $3,289,000.

    Sale prices for conventional restaurants in Hammond, IN start at $289,000, averaging $1,096,333, and reaching up to $1,500,000 — 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 6
    Conventional restaurants 4
    Coffee shops 1
    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%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    46323 $1.5M

    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

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