Listing provided courtesy of RE/MAX Realty AssociatesNorthwest Indiana MLSas Distributed by MLSGrid- MLS# 837866MLS Provider

6525 Kennedy AvenueHammond, IN 46324

Commercial · 2,665 Sq. ft. | 0.07 Acres
$359,000 Active

6525 Kennedy Avenue Overview

Time on Site:
63 days
Visits:
0

Prime mixed-use investment opportunity with two buildings on one lot. The front building is currently operating as a hair salon and is equipped with multiple styling stations, a bathroom, and storage--ideal for continued use or conversion to other commercial applications. High visibility location supports strong business exposure. The rear residence was fully remodeled in January 2026, offering turnkey rental or owner-occupant potential. Features include a modern kitchen with quartz countertops, stainless steel appliances, hardwood floors throughout, three bedrooms, and abundant natural light. Additional value-add features include a finished basement with a new bathroom, attached 2.5-car garage, newer furnace and water heater, new plumbing, electrical and roofs on both buildings replaced approximately three years ago. Located within walking distance to restaurants, schools, and local amenities, this property is well-positioned for steady rental income, owner-user flexibility, or long-term appreciation.

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6525 Kennedy Avenue Facts & Features

  • Type Commercial
  • Sq. ft. 2,665
  • Price/Sq.ft. $135
  • Lot 0.07 Acres

Details

General

Income/Expenses

  • Other Expense: 0
  • Electric Expense: 0
  • Gross Income: 0
  • Gross Scheduled Income: 0
  • Insurance Expense: 0
  • Maintenance Expense: 0
  • Net Operating Income: 0
  • New Taxes Expense: 4433
  • Trash Expense: 0

Building Information

  • Year Built: 1961

Location/Region

  • County Or Parish: Lake
  • Subdivision Name: Hessville Gardens
  • Township: North

Tax Information

  • Tax Annual Amount: 3866
  • Tax Year: 2025

General Information

  • Listing Terms: Cash,Other,Conventional
  • Parcel Number: 450709202001000023
  • Property Sub Type: Mixed Use
  • Property Type: Commercial Sale
  • Special Listing Conditions: None

Interior

Building Interior

  • Building Area Source: Estimated

General Information

  • Appliances: Dishwasher,Stainless Steel Appliance(s),Refrigerator,Range,Microwave
  • Building Features: Multi Tenant,Mixed Use,Business District Location,Exterior Lighting,Other
  • Electric: 200+ Amp Service
  • Heating: Forced Air,Natural Gas
  • Interior Features: Ceiling Fan(s),Stone Counters,Recessed Lighting,Kitchen Island,Eat-in Kitchen
  • Laundry Features: Lower Level
  • Living Area: 2665
  • Security Features: Smoke Detector(s)

Exterior

Parking Information

  • Parking Features: Attached,Driveway,Off Street,Garage Door Opener
  • Parking Total: 6

Lot Information

  • Lot Features: Back Yard,Rectangular Lot,Near Public Transit,Paved,Landscaped,Few Trees,Corner Lot
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 3180
  • Water Source: Public

Waterfront/View

  • View: Rural
  • Waterfront: false

General Information

  • Exterior Features: Lighting,Rain Gutters,Private Yard
  • Sewer: Public Sewer
  • Utilities: Natural Gas Connected,Water Connected,Sewer Connected

6525 Kennedy Avenue Neighborhood

Community

46323 (Hammond) Demographics

35
Median Age
3,619
Population Density (per sq. mile)
23%
College Educated
$53,150
Estimated Median Income
5,356
Estimated Total Home Owners
2,528
Estimated Total Renters
68% / 32%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

6525 Kennedy Avenue Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

6525 Kennedy Avenue Market Data

Based on the last 30 days in this zip code

$204,545
Average List Price
$142
Average Price per Square Foot
22
Properties Sold
60
Average Days on Market
36
Properties for Sale
Calculations provided by Reliance Network

6525 Kennedy Avenue History

Date Event Value Agent
6/17/2026Source: Northwest Indiana MLS Price Reduction
$359,000 -7.7%
4/28/2026Source: Northwest Indiana MLS Added to Database
April 28, 2026