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$289,000 Just Listed
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Property Description
For sale: 7003 Kennedy Ave, Hammond. An exceptional mixed-use property in a prime high-traffic location. The front features a fully operational restaurant Super Sub and Key Pizza complete with a commercial kitchen, staff, POS system, office, and two thriving businesses ready to continue operating. The back offers a spacious 3-bed, 1-bath residential unit on a flexible month-to-month lease, currently renting for 1,300/month (tenant pays separate utilities) and the unit has it's on furnace & AC. Situated on bustling Kennedy Avenue, the property benefits from massive daily exposure with prime signage. Lucrative investment opportunity that will not last. Private off street parking with room for expansion and drive thru. Businesses are negotiable. See private remarks for details.
Full Property Details
Full Property Details for 7003 Kennedy Ave
General
- Price: $289,000
- Taxes: $4,951 (2024)
- Status: Active
- Type: Commercial
- Source: GNIAR
- MLS ID: 845095
- Updated: 9/10/2026
- Added to Site: Today
Parking
- Parking Features: Off Street, Additional Parking
Location
- County: Lake
- Township: North
- Driving Directions: Northeast corner of Kennedy and 170th
Heating & Cooling
- Heating Type: Central
Structural Information
- Square Feet: 2,270
- Year Built: 1954
Lot Features
- Lot Size (Acres): 0.144
- Lot Size (Sq. Ft.): 6,273
Financial Considerations
- Tax Amount: $4,951
- Tax Year: 2024
- Terms: Cash, Other, Owner Assisted, Conventional, Contract
Disclosures and Reports
- Legal Description: S. 37 FT. OF N. 694.4 FT. OF W. 170 FT. OF NW. SE. S.9 T.36 R.9 .144 A.
- Property ID: 450709402001000023
Listed by McCormick Real Estate, Inc.
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Schools
Schools serving 7003 Kennedy Ave
School District:Hammond School City
| Name | Grades | Distance |
|---|---|---|
Morton Elementary School, Hammond, IN 7006 Marshall Avenue, Hammond, IN 46323 | PK-5 | 0.2 mi |
Charles N Scott Middle School 3635 173rd Street, Hammond, IN 46323 | 6-8 | 1.1 mi |
Morton Senior High School 6915 Grand Avenue, Hammond, IN 46323 | 9-12 | 1.1 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 7003 Kennedy Ave
Date
Details
Price
Change
Source
9/10/2026
Listed
$289,000
—
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 7003 Kennedy Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,567
—
$185,900
2%
2024
$7,567
-20%
$182,700
-8%
2023
$9,464
51%
$198,000
1%
2022
$6,261
13%
$196,900
79%
2020
$5,521
12%
$109,900
—
2019
$4,913
—
$109,900
-2%
2019
$4,913
7%
$112,600
—
2018
$4,580
-9%
$112,600
1%
2017
$5,055
—
$111,000
-4%
2017
$5,055
8%
$115,300
10%
2016
$4,678
31%
$104,900
4%
2015
$3,566
-36%
$101,000
-15%
2013
$5,540
-37%
$118,700
-37%
2012
$8,752
—
$187,400
—
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 7003 Kennedy Ave
7003 Kennedy Avenue, Hammond, IN 46323 (MLS# 845095) is a Commercial property. 7003 Kennedy Avenue is currently listed for $289,000 and was received on September 10, 2026. Want to learn more about 7003 Kennedy Avenue? 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.

