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Hobart, IN Drive Through Restaurants for Sale

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Arby's Restaurant in Hobart, Indiana
Updated: Apr 3
Arby's Restaurant in Hobart, Indiana

4651 W 61st Ave, Hobart, IN 46342

$2,373,000
2,440 sqft
Absolute net Arby's in Hobart, Indiana
Located just outside Chicago
5.50%
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Hobart, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Retail Strip Center with Drive-Thru
Retail Strip Center with Drive-Thru

399 E 81st Ave, Merrillville, IN 46410

$6,270,000
18,215 sqft 1.64 AC lot

Fee-simple retail strip center anchored by Panera Bread with a dedicated drive-thru at a high-traffic intersection.

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Drive-Through Restaurant Building
Drive-Through Restaurant Building

1914 W 79th St, Chicago, IL 60620

Contact for pricing
3,712 sqft

Vacant former quick-service restaurant includes a drive-thru and 32 parking spaces.

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Restaurant with Drive-Thru Window
Restaurant with Drive-Thru Window

1441 E 82nd Ave, Merrillville, IN

Contact for pricing
3,298 sqft 1.12 AC lot

Restaurant with drive-thru, high visibility, repurposing opportunity.

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Turnkey Fast Food Restaurant Drive-Through
Turnkey Fast Food Restaurant Drive-Through

8637 South Ashland Avenue, Chicago, IL 60620

Contact for pricing

Established fast food operation sold with fixtures, equipment, and limited sit-down service, plus delivery and pickup options.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Vacant Land Ready For Development
Vacant Land Ready For Development

21587 Lincoln Highway, Lynwood, IL 60411

$260,000

Cleared land zoned B-3 with multiple development opportunities.

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Chicago Development Site For Sale
Chicago Development Site For Sale

10806 South Doty Avenue, Chicago, IL 60628

Contact for pricing
1.51 AC lot

1.51-acre development site with high visibility and access.

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2.91 Acres Corner Location
2.91 Acres Corner Location

Lot 1 West Stuenkel Road, University Park, IL 60484

Contact for pricing
2.91 AC lot

2.91 acres in Will County, corner location, industrial park.

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Commercial Corner Lot in Midlothian
Commercial Corner Lot in Midlothian

4031 147th Street, Midlothian, IL 60445

$119,900

Prime commercial land in a high-traffic business district.

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Hobart, IN Drive Through Restaurants Market Trends and Statistics

Explore 1 drive through restaurants for sale in Hobart, IN on our real estate platform. These investment opportunities span a total of 2,440 square feet of properties for sale, with an estimated market value of $2,373,000.

Sale prices for drive-thru businesses in Hobart, IN average $2,373,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Conventional restaurants 2
Drive through restaurants 1

Demographics Overview

Population 33K
Population Growth (5Y) +6.2%
Median Household Income $72,163
College Educated 27.1%

Taxes & Financing

Tax Rate (average for all types) 3.17%
Property Tax per SF $56.09 per SF
Tax Rate vs County Average 0.10 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Lake County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Lake County

Retail

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