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$550,000
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.

6429 S Kennedy Avenue Unit #31, Hammond

$320,000
3 Beds 3 Baths
Welcome home to this well-maintained raised split level offering comfortable living space and versatile functionality in a convenient Hessville location. The bright main level features a spacious living area with vaulted ceilings, abundant natural light, and an open flow into the dining space--perfect for everyday living and entertaining. The kitchen offers ample cabinetry, generous counter space, and stainless appliances to make meal preparation easy and efficient. Multiple bedrooms provide comfortable accommodations, with flexible spaces ideal for guests, hobbies, or a home office. The finished lower level adds valuable additional living space--perfect for recreation, a media room, workout area, or private retreat. Step outside to enjoy the elevated deck overlooking the fenced backyard, ideal for relaxing, grilling, or hosting gatherings. An attached garage and wide driveway provide convenient parking and storage. Located near local parks, schools, shopping, dining, and the new Y, this home also offers easy access to major highways and commuter routes to Chicago, making it an excellent choice for commuters seeking suburban comfort with city accessibility. Don't forget to ask about Hammond's College Bound program, a city-funded program that helps eligible students pay for college tuition. Call to schedule your showing today!

6720 Carolina Avenue, Hammond

Updated . Information deemed reliable but not guaranteed.