6429 S Kennedy AVE #31, Hammond, IN 46323
6429 S Kennedy AVE #31, Hammond, IN 46323
6429 S Kennedy AVE #31, Hammond, IN 46323
47
See all 47 photos
$550,000
Est. payment /mo
Save
7,952 SqFt
Active

6429 S Kennedy AVE #31 Hammond, IN 46323

Save
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Maurice Cornett

Maurice Cornett

+1(219) 781-1169

UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 7,952 sqft

Price per Sqft $69

Subdivision Turner-Meyn Park

MLS Listing ID 839380

HOA Y/N No

Year Built 1952

Annual Tax Amount $5,264

Tax Year 2024

Lot Size 5,749 Sqft

Acres 0.132

Property Sub-Type Mixed Use

Property Description

Incredible investment opportunity in Hammond! This 6-unit mixed-use building is a turnkey income generator with solid cash flow and massive upside. Perfectly situated on a high-visibility corner lot at Kennedy and Cleveland, the property boasts flexible Commercial C4 zoning--ideal for nearly any business type. The building features 3 vibrant commercial/retail spaces on the main level (currently home to a busy beauty salon, Herbalife retail, and a retail store) and 3 residential units above (two spacious 2-bedroom apartments and one cozy studio apartment). Additional revenue is generated by an attached 3-car garage. Located just minutes from major transit routes, local parks, and the bustling Indianapolis Blvd retail corridor, this location ensures a steady stream of foot traffic and tenant demand. Current Monthly Income Breakdown: Event Space: TBD/mo Beauty Salon: 1,500/mo 2-Bed Apt (Leased): 950/mo Herbalife Retail (M2M): 900/mo 2-Bed Apt (Leased): 800/mo 3-Car Garage (M2M): 600/mo Studio Apt (Leased): 400/mo Total Gross Income: 78,600/year. Don't miss out on adding this versatile, high-yield asset to your portfolio! Subject to tenant rights.

Location

State IN

County Lake

Zoning Mixed Use

Rooms

Basement Sump Pump, Unfinished

Interior

Interior Features Eat-in Kitchen, Kitchen Island, Granite Counters

Heating Forced Air, Natural Gas

Fireplace N

Appliance None

Exterior

Exterior Feature None

Parking Features Attached, Additional Parking, On Street, Off Street

View Y/N true

View Other

Building

Lot Description Corner Lot, Paved

Sewer Public Sewer

Water Public

Others

Tax ID 450704455001000023

Security Features Carbon Monoxide Detector(s)

Acceptable Financing NRA20260521150228082968000000

Listing Terms NRA20260521150228082968000000

Listed by Brokerworks Group • Diana Franz

Save 24K + On Your Next Home

Watch this step by step blueprint on how to get the best home at the best price in the best neighborhood by using our EquityPath System ™ for free.

BOOK YOUR DISCOVERY CALL TODAY | Unlock your free access to the EquityPath System™ 👉

As Featured On

Maurice is an incredible agent and an even better person. Whether you're buying or selling, he keeps everything on track and goes above and beyond to ensure a smooth transaction. Truly the #1 realtor around!

Karen M

Buy Smart. Negotiate Hard. Close Like a Pro.

Ready to buy your dream home with confidence? The Home Buyer Success Academy is your step-by-step guide to mastering the entire process—from smart financial planning with AI to negotiating like a pro and closing with ease. Inside, you’ll find 11 powerful chapters designed to make you feel informed, empowered, and in control. Say goodbye to confusion and hello to clarity. This is more than a course—it’s your roadmap to homeownership.

Download The E-Book Here

Learn how our mortgage concierge program will save you 24K on virtually any home on the market!

BOOK YOUR DISCOVERY CALL TODAY | Unlock your free access to the EquityPath System™ 👉

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

Maurice Cornett

Maurice Cornett

Broker Associate License ID: 19001105, 3607323, 475.201736

+1(219) 781-1169

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Maurice Cornett, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

6429 S Kennedy AVE #31