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$749,900 -$20,000 (-2.6%) Price Reduced

  • For Sale
  • Active
  • Business
  • 3,970 Sq. Ft.
  • Updated 1 day ago
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A prime commercial opportunity in Dyer! This spacious ,almost 4,000 sq ft brick commercial building, situated on 0.68 acres, accommodates various business uses, including restaurants, bars, retail establishments, professional offices, service businesses, entertainment venues, or redevelopment opportunities, subject to municipal approval. Currently functioning as a turnkey restaurant and bar, the property boasts expansive dining areas, a private bar section with a separate entrance, and outdoor seating possibilities. The existing layout features high ceilings, modern lighting, and versatile floor plan options, making it ideal for hospitality or repurposing. Strategically located on Sheffield Avenue, the property benefits from substantial traffic volume, with approximately 7,995 vehicles per day, excellent visibility, convenient access for Illinois commuters, and ample on-site parking with paved and overflow spaces, located just 32 miles from Chicago. Arrange a viewing today!

Full Property Details for 1209 Sheffield Ave

General

  • Price: $749,900
  • Taxes: $6,092 (2023)
  • Status: Active
  • Type: Business
  • Source: GNIAR
  • MLS ID: 812823
  • Updated: 3/17/2026
  • Added to Site: 493 day(s) ago

Interior

  • Interior Features: Ceiling Fan(s), Recessed Lighting, High Ceilings, Entrance Foyer
  • Appliances: Other

Exterior

  • Exterior Features: Lighting, Storage

Parking

  • Parking Features: Paved, Additional Parking

Location

  • County: Lake
  • Township: St. John
  • Driving Directions: Head West on I-94 then take exit 1 South. Continue South on Calumet Ave, then West on Columbia Ave which turns to Sheffield Ave. Property is on East side of road.

Heating & Cooling

  • Heating Type: Forced Air

Structural Information

  • Square Feet: 3,970
  • Year Built: 1962

Lot Features

  • Lot Size (Acres): 0.684
  • Lot Size (Sq. Ft.): 29,795.04
  • Lot Dimensions: irregular
  • Lot Features: Landscaped, Paved
  • Zoning: Commercial

Financial Considerations

  • Tax Amount: $6,092
  • Tax Year: 2023
  • Terms: Cash, Other, Conventional, Contract

Disclosures and Reports

  • Legal Description: N.150FT. OF S.642FT. OF S.120A. OF SE W. OF W. LINE C.I. & L. R.R S.1 T.35 R.10 .60A.
  • Property ID: 451001451007000034

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— 1209 Sheffield Ave —

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

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NMLS#: 1598647

Get Pre-Approved

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with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 1209 Sheffield Ave

School District:Lake Central School Corporation
NameGradesDistance
Protsman Elementary School
1121 Harrison Avenue, Dyer, IN 46311
K-40.2 mi
Kahler Middle School
600 Joliet Street, Dyer, IN 46311
5-81.2 mi
Lake Central High School
8400 Wicker Avenue, Saint John, IN 46373
9-123.8 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1209 Sheffield Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
3/17/2026
Price Reduced
$749,900
-2.6%
MLS
12/11/2025
Price Reduced
$769,900
-15.4%
MLS
9/10/2025
Price Increased
$910,000
2.84%
MLS
1/20/2025
Price Reduced
$884,850
-0.01%
MLS
11/11/2024
Listed
$884,900
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1209 Sheffield Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$6,092
-14%
$269,100
-4%
2023
$7,111
18%
$279,600
4%
2022
$6,039
-13%
$268,200
5%
2020
$6,950
26%
$255,600
-3%
2019
$5,518
—
$263,000
11%
2019
$5,518
6%
$237,400
3%
2018
$5,184
10%
$231,600
2%
2017
$4,719
—
$227,000
2%
2017
$4,719
1%
$222,500
2%
2016
$4,693
6%
$218,700
1%
2015
$4,422
-13%
$216,600
1%
2013
$5,057
2%
$215,200
—
2012
$4,956
—
$214,500
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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1209 Sheffield Avenue, Dyer, IN 46311 (MLS# 812823) is a Business property. 1209 Sheffield Avenue is currently listed for $749,900 and was received on November 11, 2024. Want to learn more about 1209 Sheffield Avenue? Do you have questions about finding other Business real estate for sale in Dyer? You can browse all Dyer real estate or contact a Coldwell Banker agent to request more information.

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