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Dyer, IN Restaurants for Sale

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Dyer Commercial Building For Sale
Updated: Nov 11, 2024
Dyer Commercial Building For Sale

1209 Sheffield Avenue, Dyer, IN 46311

$699,900
3,970 sqft 0.68 AC lot
Prime commercial location on Sheffield Avenue with high traffic volume (7,995 vehicles per day) and excellent visibility.
Spacious, almost 4,000 sq ft brick building on 0.68 acres suitable for various business uses.
Currently operating as a turnkey restaurant and bar with expansive dining areas, a private bar section, and outdoor seating possibilities.
Ample on‑site parking with paved and overflow spaces.
Convenient access for Illinois commuters, located just 32 miles from Chicago.
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Dyer Commercial Building on Sheffield
Updated: Nov 12, 2024
Dyer Commercial Building on Sheffield

1209 Sheffield Avenue, Dyer, IN 46311

$744,900
3,970 sqft 0.68 AC lot
Turnkey restaurant and bar with expansive dining areas and a separate bar section.
Prime commercial location on Sheffield Avenue with high traffic volume.
Large 0.68‑acre lot with ample on‑site paved and overflow parking.
Versatile 4,000 sq ft brick building suitable for various business uses or redevelopment.
Convenient access for Illinois commuters and proximity to Chicago.
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Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 23 Potential Opportunities for your consideration. Besides 2 Active listings in Dyer, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 13 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Hospitality, Mixed Use, Office, Retail
Hospitality, Mixed Use, Office, Retail

407 Ridge Rd, Munster, IN 46321

$1,595,000
2,735 sqft

Mixed-use properties · 2,735 SF

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Schererville Retail Build-to-Suit Opportunity
Schererville Retail Build-to-Suit Opportunity

1902-1908 US Highway 41, Schererville, IN 46375

Contact for pricing

Free-standing retail build to suit with drive-thru in Schererville.

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Freestanding Restaurant on Ridge Road
Freestanding Restaurant on Ridge Road

745 Ridge Rd, Munster, IN

Contact for pricing
3,880 sqft 0.80 AC lot

3,880 SF restaurant on 0.37 acres with 77 parking spaces.

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Commercial Land Near Residences
Commercial Land Near Residences

2193 Austin Ave, Schererville, IN 46375

$275,000

Shovel-ready sites ideal for restaurant, office near Residences at Deer Creek.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Vacant Land Ready For Development
Vacant Land Ready For Development

21587 Lincoln Highway, Lynwood, IL 60411

$260,000

Cleared land zoned B-3 with multiple development opportunities.

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Prime Commercial Land in Schererville
Prime Commercial Land in Schererville

8080 Us-41, Schererville, IN 46375

$385,000
1.21 AC lot

1.21-acre commercial parcel in a desirable growth corridor.

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Commercial Land Lot on Major Road
Commercial Land Lot on Major Road

6520 W Lincoln Highway, Schererville, IN 46375

$350,000
2.29 AC lot

Build-ready commercial lot with 250+ feet of frontage on Route 30 and surveyed site for a straightforward development start.

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Commercial Land with Highway Frontage
Commercial Land with Highway Frontage

6520 W Lincoln Highway, Schererville, IN 46375

$350,000
2.29 AC lot

Commercially zoned 2.29-acre site with extensive Route 30 frontage and a completed survey for prompt development planning.

View details

Off-Market Properties in Dyer, IN

Consider similar Off-Market properties in Dyer, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

1209 Sheffield Ave
RESTAURANT

1209 Sheffield Ave, Dyer, IN 46311-1054

Value Estimation by Request
3,970 sqft 0.60 AC lot
View details
917 Joliet St
RESTAURANT

917 Joliet St, Dyer, IN 46311-1922

Value Estimation by Request
4,232 sqft 0.76 AC lot
View details
935 Richard Rd
RESTAURANT

935 Richard Rd, Dyer, IN 46311-1937

Value Estimation by Request
0.82 AC lot
View details
2070 Calumet Ave
RESTAURANT

2070 Calumet Ave, Dyer, IN 46311-1584

$620,000
Estimated value
7,834 sqft 1.68 AC lot
View details
996 Joliet St
RESTAURANT

996 Joliet St, Dyer, IN 46311-1921

$1,545,000
Estimated value
3,356 sqft 1.32 AC lot
View details
1259 Joliet St
RESTAURANT

1259 Joliet St, Dyer, IN 46311-2022

Value Estimation by Request
9,565 sqft 1.49 AC lot
View details
893 Joliet St
RESTAURANT

893 Joliet St, Dyer, IN 46311-1920

$515,000
Estimated value
5,916 sqft 1.28 AC lot
View details
915 Joliet St
RESTAURANT

915 Joliet St, Dyer, IN 46311-1922

Value Estimation by Request
4,232 sqft 0.95 AC lot
View details
1025 Sheffield Ave, Unit 10
RESTAURANT

1025 Sheffield Ave, Dyer, IN 46311-1048

Unit 10
Value Estimation by Request
9,849 sqft 0.57 AC lot
View details
1027 Sheffield Ave
Restaurants

1027 Sheffield Ave, Dyer, IN 46311

Value Estimation by Request
9,848 sqft
View details
1027 Sheffield Ave
Restaurants

1027 Sheffield Ave, Dyer, IN 46311

Value Estimation by Request
9,848 sqft 0.57 AC lot
View details
790 Joliet St
RESTAURANT

790 Joliet St, Dyer, IN 46311-1720

Value Estimation by Request
3,077 sqft 1.82 AC lot
View details
1389 Joliet St
RESTAURANT

1389 Joliet St, Dyer, IN 46311

Value Estimation by Request
0.46 AC lot
View details

Dyer, IN Restaurants Market Trends and Statistics

Explore 15 restaurants for sale in Dyer, IN on our real estate platform. These investment opportunities span a total of 7,940 square feet of properties for sale, with an estimated market value of $1,444,800.

Sale prices for restaurant properties in Dyer, IN start at $699,900, averaging $722,400, and reaching up to $744,900 — 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 3
Drive through restaurants 3
Conventional restaurants 2
Pubs 1
Turn key restaurants 1

Demographics Overview

Population 23K
Population Growth (5Y) +8.2%
Median Household Income $109,167
College Educated 50.9%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
46311 $527.5K

Taxes & Financing

Tax Rate (average for all types) 2.02%
Property Tax per SF $27.54 per SF
Tax Rate vs County Average 1.04 pp below 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

Retail

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