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    156 142Nd St Hammond, IN 46327

    Pending
    For Sale
    $115,000

    Business - Hammond, IN

    Type:Business
    Property size:
    1,848 SF
    Lot size:
    0.08 Acres
    Days on Market:
    29
    Last Refresh:
    Dec 5 at 4:06 am

    Property Features for 156 142Nd St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Business
    Standard status
    Pending
    Rooms
    Basement
    APN
    450225130007000023
    Parking features
    Garage, On Street
    Exterior features
    Fencing, Private Yard
    Fencing
    Fenced
    Basement Y/N
    1
    Appliances
    Dryer
    Size
    1,848 SF
    Lot size
    0.08 Acres

    Building Details

    Year built
    1917
    Architectural style
    Other

    McColly Real Estate (219) 864-7200 [email protected]

    Listing agent George Georgeff (219) 934-6300 License #RB14046511

    Listing date Nov 7, 2025

    MLS# 815569 Listing URL

    Copyright © 2025 Greater Northwest Indiana Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Established Pub with Gaming License

    This is an opportunity to acquire an established neighborhood pub, inclusive of a liquor and gaming license. The sale encompasses all equipment, including a pool table, ice machine, and pull tab dispenser. The property features a two-bedroom apartment with laundry facilities on the upper level, presenting an opportunity for supplementary rental income. A washer, dryer, and stove are included within the apartment. Additional amenities include a fenced yard and a two-car garage. The property is situated in Hammond, Indiana, specifically located in Lake County. The building has a size of 1848 square feet and the lot size is 0.077 acres. The property can be used as a pub, restaurant, retail property, duplex, multifamily property, or residential income property.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mister Joe's Inc Bar

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hammond
    County
    Lake
    State
    Indiana
    Longitude
    -87.521327
    Latitude
    41.637008

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    FAQs

    What type of property is this?
    Pub - Long-time pub with license, equipment, and income-generating apartment.
    Where is this pub located?
    The property is located at 156 142Nd St Hammond, IN.
    What is the asking price?
    The asking price for this property is $115,000.
    What are key features of this property?
    This property features: - Liquor and gaming license included in sale.; - Established neighborhood pub with existing business (Mister Joes).; - All equipment included, featuring a pool table, ice machine, and pull tab dispenser.
    (219) 934-6300
    Request Owner's contact information
    156 142Nd St Hammond, IN 46327
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    Hammond, IN 46327
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    156 142Nd St Hammond, IN 46327
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