Sheffields

1027 Sheffield Avenue, Dyer, IN 46311

Property Information

  • For Sale $1,099,000
  • Property Type Retail - Street Retail
  • Property Size 9,849 SF
  • Units 2
  • Lot Size 0.58 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1976
  • Year Renovated 2002
  • Date Updated May 12, 2026

Description

Dyer, Indiana is a stable, high-demand suburban community along the Illinois border, approximately 30 miles from downtown Chicago. With a growing population right on the Illinois/Indiana border with even better access to the broader Chicago Southland trade area, the town benefits from strong household incomes and consistent consumer demand, making it well-suited for restaurant and retail uses. The property on Sheffield Avenue is positioned near established daily-needs anchors such as Berkot’s Super Foods and Ace Hardware, providing steady local traffic. The recent opening of the Munster/Dyer South Shore Line Station has significantly increased vehicle flow along this corridor, as commuter traffic to and from Chicago is now routed past the site enhancing visibility and peak-hour exposure. Combined with proximity to U.S. Route 30 and Interstate 80/94, this location offers a strong mix of local, regional, and commuter-driven traffic, creating an attractive opportunity for restaurant operators seeking consistent volume and accessibility.This +/- 9,848 SF property offers a rare opportunity to acquire a fully built-out, operational bar/restaurant in a high-traffic Dyer corridor. The building is also occupied by a Chinese restaurant paying under market rent + NNN and an operating sports bar component, the property is well-maintained and positioned for a seamless transition to a new concept or operator. The bar/restaurant (included in the sale) includes a full-service bar, pool tables, games and seating providing flexibility for a variety of restaurant formats or event-driven uses. The sale includes all furniture, fixtures, and equipment (FF&E), along with a valuable Dyer 3-way liquor license, allowing immediate operational continuity. While the space is ideally suited for a bar user, the building also presents the option to demised or reposition portions for retail or office use, creating additional income potential. Located along Sheffield Avenue near established neighborhood anchors and the new South Shore commuter station, the property benefits from increasing traffic counts and strong visibility making it a compelling opportunity for an owner-user or investor seeking a Value-Add upside.

Highlights

  • 3-Way Liquor License Included in Sale
  • 9,849 SF building
  • Close to New Dyer South Shore Station
  • Redevelopment Value-Add Potential
  • Renovated in 2002

Contacts

Brett McDermott

Latitude Commercial

Location

Contact Listing Broker
Brett McDermott

Latitude Commercial

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.