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$675,000

7444 Kennedy Avenue Hammond, IN  46323

  • 2,070 sq. Ft

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Property Description for 7444 Kennedy Avenue Hammond, IN 46323

Commercial 2 unit strip mall in a GREAT location. This property is visible from the 80/94 expressway for easy access to travelers. This is actually 2 separate parcels. The one to the North has the strip mall, and the one to the South is a vacant lot. The building currently houses the #1 Domino's Pizza Franchise in the area, and with a NNN lease that extends to 2024 with the option of a 5 year extension available twice more. The 2nd unit has a new tenant with a 3 year NNN lease starting on 01/01/24 with two 3 years options available.With the addition of the vacant lot to the South you have a variety of possibilities. You can add on to the existing building, build a 2nd building, or have a billboard installed for additional income.The parcel # for the vacant lot7504 Kennedy Ave45-07-16-179-016.000-023

Address:7444 Kennedy Avenue Hammond IN 46323
Status:Active
on site: 224 days
Price:$675,000
Bathrooms:0
Sq. Feet:2,070
Year Built:2004
Lot Size:0.34
County: Lake
Township: North
MLS #:542175
Property Type:Retail

Lot Dimensions:102.58 x 133.35 x 92.37 x 133.01
Directions:Kennedy Ave North off of 80/94 property is immediately on the West Side.
Total Sq. Ft. :2,070

Loan Price
$3,802
Price And Interest $3,521/month
Property Tax $0/month
MTG INS $0/month
HOME INS $281/month
Price
$675,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$0/month
Home Owner Insurance
$3,372 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

Tax Year:2022
Mandatory HOA Fee:$

City:Hammond
Subdivision: Roxana 1st Add
Zip Code:46323

Total Sq. Ft.:2,070
Interior Features:Elevator
Heat:Forced Air, Natural Gas
Jeff Safrin, REALTOR®/Broker, F. C. Tucker Company
Jeff Safrin
Additional Phone (219) 309-9930
F.C. Tucker Company

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Listing provided courtesy of Mark Keene with BS Realty Services Indiana, LL from NIRA as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 05/03/2024 12:00 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.





Hammond Market Report

74
Avg. DOM
$140.33
Avg. $ / Sq.Ft.
$ 189,900
Med. List Price

The house prices in Hammond are not dropping at the moment. There has been a increase in price of $187,000.00. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.

There is no data available at this time for Hammond.

The most popular place to buy a home in Hammond is 002 - Fayette County NE. 002 - Fayette County NE is where we have the most properties listed and there seems to be the most demand to buy a house. Some people love to live in the most popular areas of a city, and others prefer to live in an area that is less busy. Regardless of your preference, we have a vast variety of listings and agents to help you find a house in Hammond .

The average amount of property taxes you would have to pay for a home in Hammond is $1,059.25. It is important to consider property taxes when purchasing a home. Property taxes are tied to the value of the home. The more expensive the home is, the higher the taxes will be.

Properties in Hammond are staying listed for an average of 50 days. A good way to tell if you are in a buyer's or seller's market is to look at the average days on market for homes in the area. A low number of average days on market indicate a seller's market whereas a high number of average days on market indicate a buyer's market.

The last home listed in Hammond was 1305 minutes ago.

At the moment we have 0 open houses that you can visit.

The cost of the most expensive home in Hammond is $427,900.00. There are several reasons to consider buying an expensive home. They typically have great amenities, will be in great condition, and have plenty of space inside and outside of the home. Expensive real estate usually appreciates very fast, making it a good investment if you can afford it.

The cost of the cheapest home in Hammond is $60,000.00 . Buying a cheap house can have many benefits including keeping your payments low, allowing more room in your budget to customize or improve the house, as well as allowing you to pay of your mortgage faster.

The date of the oldest built home in Hammond in year 1887 and the newest built house is in year 2018.

The average size of properties in Hammond is 1630.98 sq.ft. , the biggest one being 4029 sq.ft. and the smaller being 588 sq.ft. . The size of your family and budget are important factors to consider when purchasing a home.