4620 Tod Avenue, East Chicago, IN 46312 (MLS# 836173)

4620 Tod Avenue, East Chicago, IN 46312

$680,000

Property Type: Commercial Sale Square Footage: 3,500 Lot Size (sq. ft.): 3,659 Status: Active

Current Price: $680,000 List Date: 3/28/2026 Last Modified: 3/28/2026

Overview

Description

Prime chance to acquire a long running, fully licensed nightclub and bar with a 3 way liquor license in East Chicago. This ready to operate venue is designed for success and seats 120-160 patrons, well suited for cozy nights or larger gatherings and events. The interior is furnished as shown and includes well kept restrooms and a security system. A commercial kitchen is in place to support walk in food service alongside your beverage program. The 3,500 sq ft building boasts a durable, low maintenance brick exterior and excellent curb appeal. Don't miss this opportunity to own a turnkey restaurant/bar with established operations and strong potential for growth.

Listing Details MLS# 836173

General Property Information

Number Of Units Total: Yes
Living Area: 3500
Building Area Source: Public Records
Year Built: 1915
Parking Total: 8
Lot Size Acres: 0.084
Lot Size Square Feet: 3659.04
Lot Size Source: Assessor
Waterfront YN: No
Basement YN: Yes

Property Features

Appliances: Range; Refrigerator Basement: Crawl Space; Storage Space; Unfinished Building Features: Private Restrooms; Suspended Ceiling(s) Business Type: Bar/Tavern/Lounge; Restaurant Construction Materials: Brick; Other Cooling: Central Air Current Use: Commercial Electric: 100 Amp Service; 200+ Amp Service Flooring: Concrete; Tile Heating: Forced Air; Natural Gas Interior Features: Entrance Foyer; High Ceilings; Open Floorplan; Wet Bar Listing Terms: Cash; Conventional Lock Box Information: SentriLock Lot Features: Corner Lot; Paved Owner Pays: All Utilities Parking Features: Additional Parking; Kitchen Level Possession: Close Of Escrow Possible Use: Commercial Rail Availability: None Roof: Other Security Features: Security System Sewer: Public Sewer Special Licenses: Beer/Wine; Liquor Special Listing Conditions: Standard Tenant Pays: None Utilities: Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected Water Source: Public

Contract Information

Auction YN: No
Original List Price: 680000
Property Sub Type: Business
Listing Agreement: Exclusive Right To Sell
Seller to consider offering concessions: No
Occupant Type: Owner

Location Tax and Legal

Street Number: 4620
Street Name: Tod
Street Suffix: Avenue
County: Lake
State: IN
Postal Code: 46312

Remarks and Miscellaneous

Public Remarks: Prime chance to acquire a long running, fully licensed nightclub and bar with a 3 way liquor license in East Chicago. This ready to operate venue is designed for success and seats 120-160 patrons, well suited for cozy nights or larger gatherings and events. The interior is furnished as shown and includes well kept restrooms and a security system. A commercial kitchen is in place to support walk in food service alongside your beverage program. The 3,500 sq ft building boasts a durable, low maintenance brick exterior and excellent curb appeal. Don't miss this opportunity to own a turnkey restaurant/bar with established operations and strong potential for growth.

Status Change Information

Major Change Timestamp: 2026-03-28T01:42:17Z
Major Change Type: New Listing
Status Change Timestamp: 2026-03-27

More Information

Exemption Information

Exemption YN: No

Income and Expenses

Electric Expense: 700
Gross Income: 20000
Gross Scheduled Income: 22000
Insurance Expense: 11000
Licenses Expense: 500
Net Operating Income: 10000
New Taxes Expense: 6000
Operating Expense: 1500
Sewer Expense: 30
Supplies Expense: 12000
Trash Expense: 80
Water Expense: 80

Showing Requirements

Showing Instructions: Please use Showing assist.

Location, Tax, and Legal

School District: City of East Chicago
High School: East Chicago Central High School
Tax Annual Amount: 3309
Tax Year: 2025
Tax Legal Description: SUBDIV. S.E. S.29 T.37 R.9 N. 73 FT. L.26 BL.2 N.73 FT. L.27 BL.2
Parcel Number: 450329410003000024
Additional Parcels YN: No
Zoning Description: Business
Township: North
Directions: Indianapolis Blvd North to Chicago Ave East to Tod Ave North on Tod Ave subject property on the corner of Tod Ave & Exchange.

Appliances

Range: Yes
Refrigerator: Yes

Basement

Crawl Space: Yes
Storage Space: Yes
Unfinished: Yes

Construction Materials

Brick: Yes
Other: Yes

Cooling

Central Air: Yes

Electric

100 Amp Service: Yes
200+ Amp Service: Yes

Flooring

Concrete: Yes
Tile: Yes

Heating

Forced Air: Yes
Natural Gas: Yes

Interior Features

Entrance Foyer: Yes
High Ceilings: Yes
Open Floorplan: Yes
Wet Bar: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Lock Box Information

SentriLock: Yes

Lot Features

Corner Lot: Yes
Paved: Yes

Parking Features

Additional Parking: Yes
Kitchen Level: Yes

Possession

Close Of Escrow: Yes

Roof

Other: Yes

Security Features

Security System: Yes

Sewer

Public Sewer: Yes

Special Listing Conditions

Standard: Yes

Utilities

Electricity Connected: Yes
Natural Gas Connected: Yes
Sewer Connected: Yes
Water Connected: Yes

Water Source

Public: Yes

Owner Pays

All Utilities: Yes

Tenant Pays

None: Yes

Current Use

Commercial: Yes

Possible Use

Commercial: Yes

Building Features

Private Restrooms: Yes
Suspended Ceiling(s): Yes

Business Type

Bar/Tavern/Lounge: Yes
Restaurant: Yes

Rail Availability

None: Yes

Special Licenses

Beer/Wine: Yes
Liquor: Yes

Listing Office: McCormick Real Estate, Inc.

Last Updated: March - 28 - 2026

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2024 Triangle MLS, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

Why Create a Portal account?