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1209 Sheffield Avenue, Dyer, IN 46311

Lake County

Key Facts

3,970Sq Ft
1962Year Built
0.68Lot (acres)
1Stories

Description

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!

Property Information

Property Type

Commercial Sale

Sub-Type

Business

Year Built

1962

Stories

1

Living Area

3,970 sq ft

Lot Size

0.68 acres

Lot Dimensions

irregular

Parking Spaces

35

Days on Market

547

MLS® Listing#

812823

Property Features

Interior

Ceiling Fan(s)Recessed LightingHigh CeilingsEntrance Foyer

Exterior

LightingStorage

Appliances

Other

Cooling

Central Air

Heating

Forced Air

Flooring

CarpetConcreteTile

Parking

PavedAdditional Parking

Patio

Patio

Fencing

None

Lot Features

LandscapedPaved

Construction

Aluminum SidingStoneBrick

Foundation

BlockConcrete Perimeter

Roof

Shingle

Security

Fire AlarmSecurity SystemSecurity Lights

Community

None

Utilities

Cable ConnectedWater ConnectedSewer ConnectedNatural Gas ConnectedElectricity Connected

Sewer

Public Sewer

Water Source

Public

Financial Details

Annual Taxes

$6,092

Tax year 2023

Parcel Number

451001451007000034

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.

Affordability Calculator

$148,980

Estimated monthly payment

$3,965/mo

Principal $595,920 · Est. interest $831,361 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Dyer, IN

$460,000
Median Listing Price
41
Median Days on Market
2,378
Median Sq Ft
$209
Median Price / Sq Ft
76
Active Listings
  • This home’s price is 62% above the area median.
  • Its price per sq ft is 10% below the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Dyer, IN.

Location

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Points of Interest in Dyer, IN

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Nearby Homes

Similar Homes Nearby

Similar Home Values

Comparable nearby listings and their asking prices.

AddressPriceBedsBathsSq Ft
14231 Onyx Way, Dyer, IN$529,000233,511
11031 Delta Drive, Dyer, IN$536,788432,496
10953 Rolling Brook Drive, Dyer, IN$545,680432,496
13062 111th Avenue, Dyer, IN$549,900432,444
11015 Delta Drive, Dyer, IN$557,016432,588
13091 W 111th Avenue, Dyer, IN$558,237432,444

Moving Cost Estimate

EXIT Agents in Dyer

Greater Northwest Indiana Association of Realtors logo

Listing Courtesy: Listing Leaders - 2194625478

Presented by: Nikola Trajceski

Based on information submitted to the MLS GRID as of 2024-11-11. 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.

Last Updated: 2024-11-11

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by GNIAR. MLS® Listing#812823. © 2026EXIT Realty®. All rights reserved.