Six-Unit Mixed-Use
For Sale
$550,000
31-6429 Kennedy Ave, Hammond, IN 46323
Three commercial spaces and three apartments share a single property under Commercial C4 zoning.
Property Size7,952 SF
Price / SF$69.16
Days on Market97
Property Features for 31-6429 Kennedy Ave
General Information
Standard status
Active
Size
7,952 SF
Zoning
Commercial C4
Additional Details
Gross Income
$78,600
Corner Location
Yes
Taxes and HOA fees
Annual Taxes
$5,264
Building Details
Buildings
1
Tenancy
Multi
Listing Agency:
Brokerworks Group
(312) 868-2819
Listed By:
Diana Franz
(312) 868-2819
Source:
Exprealty
Added: May 26
Changed: Aug 30
Last Checked: Aug 30 at 2:50PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Brokerworks Group
Investment Insights
Based on property information with market context.
Located at 31-6429 Kennedy Ave in Hammond, this 7,952-square-foot mixed-use property combines commercial and residential components within one building. The main level contains three commercial spaces, while the upper level provides three apartments consisting of two 2-bedroom units and one studio.
An attached 3-car garage adds an additional property component. Existing commercial occupants include a beauty salon, Herbalife retail operation, and another retail store. The property sits on a corner at Kennedy and Cleveland and is identified as Commercial C4 zoning. The mixed-use layout brings retail, apartment, and garage spaces together in a single income-producing asset.
An attached 3-car garage adds an additional property component. Existing commercial occupants include a beauty salon, Herbalife retail operation, and another retail store. The property sits on a corner at Kennedy and Cleveland and is identified as Commercial C4 zoning. The mixed-use layout brings retail, apartment, and garage spaces together in a single income-producing asset.
Key Highlights
- 7,952‑square‑foot mixed‑use building in Hammond, IN
- Three main‑level commercial or retail spaces
- Three apartments: two 2‑bedroom units and one studio
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
27
Businesses Nearby
Explore this area
Business Placement
Demographics for 46323, IN
22,510
Population
8,955
Households
2.5
Avg Household Size
35
Median Age
15%
College-Educated
85%
High-School Grad
6.2 sq mi
ZIP Area
3,631
Density / Sq Mi
$56,906
Median Household Income
$35,292
Median Earnings
$1,189
Median Rent
$149,200
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Three commercial spaces and three apartments share a single property under Commercial C4 zoning.
Where is this mixed-use property located?
The property is located at 31-6429 Kennedy Ave Hammond, IN.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 7,952‑square‑foot mixed‑use building in Hammond, IN; Three main‑level commercial or retail spaces; Three apartments: two 2‑bedroom units and one studio
