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$389,000 Just Listed
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Property Description
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.
Full Property Details
Full Property Details for 6525 Kennedy Ave #1
General
- Price: $389,000
- Taxes: $3,866 (2025)
- Status: Active
- Type: Commercial
- Source: GNIAR
- MLS ID: 837866
- Updated: 4/28/2026
- Added to Site: 1 day(s) ago
Interior
- Interior Features: Eat-in Kitchen, Stone Counters, Recessed Lighting, Kitchen Island
- Appliances: Dishwasher, Stainless Steel Appliance(s), Range, Microwave
Exterior
- Exterior Features: Lighting, Rain Gutters, Private Yard
Parking
- Parking Features: Attached, Driveway, Off Street, Garage Door Opener
Location
- County: Lake
- Township: North
- Subdivision: Hessville Gardens
- Driving Directions: From 165th St, S on Kennedy. Properties are on the left side corner.
Heating & Cooling
- Heating Type: Forced Air, Natural Gas
Structural Information
- Square Feet: 2,665
- Year Built: 1961
Lot Features
- Lot Size (Acres): 0.073
- Lot Size (Sq. Ft.): 3,180
- Lot Features: Back Yard, Rectangular Lot, Near Public Transit, Paved, Landscaped, Few Trees, Corner Lot
Financial Considerations
- Tax Amount: $3,866
- Tax Year: 2025
- Terms: Cash, Other
Disclosures and Reports
- Legal Description: HESSVILLE GARDENS L.18 BL.4
- Property ID: 450709202001000023
Listed by RE/MAX Realty Associates
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Schools
Schools serving 6525 Kennedy Ave #1
School District:Hammond School City
| Name | Grades | Distance |
|---|---|---|
Morton Elementary School, Hammond, IN 7006 Marshall Avenue, Hammond, IN 46323 | PK-5 | 0.6 mi |
Charles N Scott Middle School 3635 173rd Street, Hammond, IN 46323 | 6-8 | 1.4 mi |
Morton Senior High School 6915 Grand Avenue, Hammond, IN 46323 | 9-12 | 1.2 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 6525 Kennedy Ave #1
Date
Details
Price
Change
Source
4/28/2026
Listed
$389,000
—
MLS
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
Tax History for 6525 Kennedy Ave #1
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,973
—
$92,200
1%
2024
$3,973
-7%
$91,300
2%
2023
$4,273
49%
$89,400
1%
2022
$2,861
-34%
$88,600
6%
2020
$4,307
-3%
$83,400
—
2019
$4,433
—
$83,400
6%
2019
$4,433
29%
$78,900
3%
2018
$3,426
1%
$76,700
5%
2017
$3,406
—
$73,300
3%
2017
$3,406
12%
$71,200
3%
2016
$3,032
24%
$69,300
3%
2015
$2,443
-25%
$67,400
—
2013
$3,237
-26%
$67,600
-27%
2012
$4,381
—
$92,300
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 6525 Kennedy Ave #1
6525 Kennedy Avenue #1, Hammond, IN 46323 (MLS# 837866) is a Commercial property. 6525 Kennedy Avenue #1 is currently listed for $389,000 and was received on April 28, 2026. Want to learn more about 6525 Kennedy Avenue #1? Do you have questions about finding other Commercial real estate for sale in Hammond? You can browse all Hammond real estate or contact a Coldwell Banker agent to request more information.

