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Mixed-Use Land for Sale in Hobart, Indiana

5601 E 61st Ave, Hobart, IN 46342

$1,945,000
28.6 acres
Active
$180k drop
Est $13,344/mo

You don't want to miss this development opportunity on nearly 30 acres in a high traffic area in Hobart Indiana! This prime opportunity has a great location near St Mary Medical Center, Chicago Health & Fitness, Indian Ridge Golf Course and River Point Country Club on 61st at Lake Park. This land neighbors newly developing subdivisions Eagle Creek and Barrington Ridge and will service the Hobart School district, is located close to shopping and has easy access to interstates and highways. The land is currently zoned as R-1 for single family residences, community services and open space plans currently permitted. Land can easily be rezoned as B (Business) or OS (Office Service) for commercial development with site plan approval and other filings. Bring your concept plan for limitless possibilities. The city of Hobart is a beautiful Lake County town that is home to nearly 40,0000 people, Lake George which feeds Deep River and is known as the city that's home. Come see the potential!

Location

Street address
5601 E 61st Ave
Community
Indiana - Hobart
Elevation
633 feet
Coordinates
41.5097, -87.2677

Directions

Merge onto I65 S toward Indianapolis Take exit 255 for 61st Follow East to destination on right side of the street

Property details

Acreage
28.62 acres
Zoning
SINGL
MLS #
MRED 11199987
Posted

Property taxes

2021
$820

Parcels

  • 45130710000746

Details and features

Listing

Type
Land
Subtype
Other

Listing history

DateEventPriceChangeSource
Oct 31, 2023Price drop$1,945,000$180,000 -8.5%MRED
Sept 27, 2023New listing$2,125,000MRED
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This 28.62-acre property is located at 5601 E 61st Ave in Hobart, IN 46342. The property is available for sale for $1,945,000 with a price per acre of $67,959.

Checked 2 hours ago — Updated

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