About 4728 W 61st Avenue
+/-5 ACRES COMMERCIAL ZONED B-3 HIGHWAY COMMERCIAL HIGHLY VISIBLE SITE -Near I-65 Ideal for developers, investors seeking a well-located NWI site with Interstate Accessibility- Possible location for a QSR Drive thru Restaurant/Bank/Auto Services/Offices/Warehouse-Storage/Retail/Medical and more. The City has explicitly branded 61st Ave the "gateway to our medical district," backing it with roundabouts and road improvements, while Southlake Mall (~6M visitors/yr) is pivoting to an entertainment redevelopment. The combination of acreage and existing 4800sq.ft shop space may even be especially attractive to contractors, construction-related businesses, equipment operators, service companies and businesses requiring shop and storage capabilities. PROPERTY HIGHLIGHTS Approximately 165' frontage on W 61st Avenue Convenient access to I-65 and I-80/94 Approximately 3,300 SF former commercial builder's office building also located on the property Former office is currently not habitable and requires substantial rehabilitation Opportunity to renovate, repurpose or potentially remove the former office as part of future improvements. This property offers something increasingly difficult to find commercial acreage near major interstate access. Potential uses should be independently verified with the City of Hobart and are subject to applicable zoning, permitting and governmental approvals. note Ingress/Egress easements on right portion of property as per lake county recorder for billboard and cell tower.
Features of 4728 W 61st Avenue
| MLS® # | 844076 |
|---|---|
| Price | $640,000 |
| Bathrooms | 0.00 |
| Square Footage | 3,358 |
| Acres | 4.91 |
| Year Built | 1953 |
| Type | Commercial Sale |
| Sub-Type | Retail |
| Status | Active |
Community Information
| Address | 4728 W 61st Avenue |
|---|---|
| City | Hobart |
| County | Lake |
| State | IN |
| Zip Code | 46342 |
Amenities
| Utilities | Electricity Connected, Water Available, Sewer Connected |
|---|---|
| Parking Spaces | 15 |
| Parking | Oversized, Garage Faces Front, Additional Parking |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | None |
|---|---|
| Heating | Forced Air |
| Fireplace | No |
| Has Basement | Yes |
| Basement | Unfinished |
Exterior
| Exterior Features | Storage |
|---|---|
| Lot Description | Back Yard, Near Public Transit, Front Yard, Few Trees |
School Information
| District | Hobart |
|---|---|
| Middle | Hobart Middle School |
| High | Hobart High School |
Additional Information
| Date Listed | August 20th, 2026 |
|---|---|
| Zoning | Commercial |
| Foreclosure | No |
| Short Sale | No |
Listing Details
| Agent | Nancy Frigo |
|---|---|
| Office | Coldwell Banker Realty |