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    Property profile & analytics

    5725 Kennedy Ave Hammond, IN 46323-1145

    • Auto shops
    • 21,000 SF
    • 3.45 lot acres
    OFF-MARKET
    Value Estimation
    $720,000
    Location Intelligence
    Property ID
    US31-1021350
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Central Rent-A-Crane / Equipment Rental Agency / Construction Equipment Supplier

    Property Details for 5725 Kennedy Ave

    Year built
    1978
    Construction
    TYPE NOT SPECIFIED
    Lot size
    3.45 lot acres
    Property size
    21,000 SF
    Property type
    Auto shops
    APN
    45-07-04-201-005.000-023
    APU
    450704201005000023

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $685,000

    • CAP approach

      CAP return
      Estimation
      6%
      $965,000
      6.5%
      $935,000
      7%
      $850,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $845,000
      Geo Method
      $900,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $780,000
      Retail
      $980,000
      Mixed-Use
      $945,000
      Hospitality
      $850,000
      Educational
      $1,025,000
      Residential Income
      $910,000
      Energy
      $875,000
      Income-Based Land
      $790,000
      Food Service
      $790,000

    Location Insight

    • Map
    • Local Demand
    City
    Hammond
    County
    Lake
    State
    Indiana
    Longitude
    -87.4602
    Latitude
    41.6081
    CBSA code
    16980
    CBSA name
    CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $43,429
    $288,000
    $935,900
    $1,223,900
    -
    $288,000
    $935,900
    $1,223,900

    Comparable in this City

    • Value Estimation
      $125,000
      2,256 SF

      6411 Kennedy Ave

      AUTO REPAIR, GARAGE • 2,256 SF
      6411 Kennedy Ave, Hammond, IN 46323-1061
      View Details
    • Value Estimation
      $320,000
      6,250 SF

      6221 Kennedy Ave

      AUTO REPAIR, GARAGE • 6,250 SF
      6221 Kennedy Ave, Hammond, IN 46323-1047
      View Details
    • Value Estimation
      $340,000
      4,085 SF

      6140 Kennedy Ave

      AUTO REPAIR, GARAGE • 4,085 SF
      6140 Kennedy Ave, Hammond, IN 46323
      View Details
    • Value Estimation
      $370,000
      4,885 SF

      7325 Kennedy Ave

      AUTO REPAIR, GARAGE • 4,885 SF
      7325 Kennedy Ave, Hammond, IN 46323-2648
      View Details
    • Value Estimation
      $220,000
      4,000 SF

      6638 Kennedy Ave

      AUTO REPAIR, GARAGE • 4,000 SF
      6638 Kennedy Ave, Hammond, IN 46323-1544
      View Details
    • Value Estimation
      $280,000
      3,744 SF

      6323 Kennedy Ave

      AUTO REPAIR, GARAGE • 3,744 SF
      6323 Kennedy Ave, Hammond, IN 46323-1049
      View Details

    Similar Nearby for Sale

    • $1,000,000
      4,366 SF

      Turnkey Restaurant with Income Potential

      Operating restaurant and bar on a .62-acre lot.
      6247 Kennedy Ave, Hammond, IN 46323
      View Details
    • $150,000

      Kennedy Avenue Land Opportunity

      Land available on Kennedy Avenue in Hammond, Indiana.
      6433-49 Kennedy Ave, Hammond, IN 46323
      View Details
    • Contact for pricing
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      Hammond Corner Lot Opportunity

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      6849 Maryland Ave, Hammond, IN 46323
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    • Contact for pricing
      0.12 Acres

      Hammond Land Ready For Development

      5,040 sq ft lot ready for your dream build.
      7208 Alexander Ave, Hammond, IN 46323
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    • $675,000
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      Hammond Strip Mall Investment Opportunity

      High-Visibility, Two-Unit Commercial Property with Expansion Potential
      7444 Kennedy Ave, Hammond, IN 46323
      View Details
    • $1,120,000
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      Hammond Church and Parsonage For Sale

      Church and parsonage on 3.51 acre site in Hammond.
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    5725 Kennedy Ave
    Hammond, IN 46323-1145
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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
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