1027 Sheffield Ave Dyer, IN 46311
- Retail properties
- 9,848 SF
Current Use by Public Records
- Therousehomes / Interior Decorator
- Sheffield's Restaurant / Restaurant / Bar
Property Details for 1027 Sheffield Ave
- Property size
- 9,848 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This fully operational restaurant in Lake County, Illinois, presents a unique investment opportunity. The 3,109 square foot space includes a full bar, dining room, kitchen, and banquet room. All furniture, fixtures, and equipment are included in the sale, along with a valuable 3-way liquor license. The property boasts 201 feet of frontage on Sheffield Avenue, enjoying high visibility with 7,995 cars passing daily (2023 INDOT data). A programmable lighted pylon sign enhances marketing potential. Strategically located just 0.7 miles from the future South Shore train station, this property benefits from excellent access and proximity to major roadways (US Highway 30, 80/94) and local amenities including Dyer Park Department, Centennial Village, and nearby businesses. 2023/2024 property taxes are $22,015.70 ($2.15/SF). The total building size is 9,848 square feet, offering potential for expansion or partial leasing as office/retail space. The property is less than an hour from Chicago, providing access to a large customer base. Currently operating as a sports bar, this location is ready for immediate use or rebranding.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Dyer
- County
- Lake
- State
- Indiana
- Longitude
- -87.5188
- Latitude
- 41.5131
