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Renovated Endcap Retail Suite
For Lease
$10 SF/Yr

150 S ILLINOIS ST, Hobart, IN 46342

Renovated end unit with large storefront windows and rear parking, currently undergoing interior and mechanical upgrades.

Space Size1,100 SF
Property Size4,437 SF
Days on Market27

Property Features for 150 S ILLINOIS ST

General Information

Standard status Active
Size 1,100 SF
Property subtype Retail - Street Retail

Building Details

Building Size 4,437 SF
Year Built 1940
Year Renovated 2026

Spaces For Lease

at 150 S ILLINOIS ST Contact us

152 $10/SF/Yr

Size
1,100 SF
Type
Retail
Lease Type
NNN
Availability
Immediate
Sublease
No
Renewal Option
Yes
Contact us
Listing Agency: Commercial In-Sites
Listed By: Adam Karras · License #RB15000457
Source: Commercialcafe
Added: Jul 26 Changed: Aug 14 Last Checked: Aug 18 at 7:04AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Commercial In-Sites

Investment Insights

Based on property information with market context.

This end unit retail suite is approximately 1,100 SF and is being completely renovated. Improvements include new paint, new ceiling and LED lights, new flooring, new HVAC, a new bathroom, and a new entry door. The front wall facing the street features large storefront windows, and parking is located in the rear of the unit.

The property is located on the west side of Illinois Street (S.R. 51), about 1/2 mile east of Downtown Hobart. It is across the street from T's Pizza and Family Restaurant and Citgo, placing it within a downtown shopping district that includes the historic Art Theatre.

The space is configured as a front-window retail storefront with rear parking access, designed to support a retail tenant seeking direct street-facing presence.

Key Highlights

  • 1,100 SF end unit is currently undergoing complete renovation with new paint, ceiling, LED lights, flooring, and a new bathroom
  • New HVAC and a new entry door are included as part of the current renovation
  • Large storefront windows face Illinois Street (S.R. 51)

Property Analytics

Current Use

BAS BICYCLE REPAIR ... (Bike/Boat/Book/etc) Store Quick Sign & Shirt ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Electrical Service Dental Office Bakery Garden Center (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$1.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

440
Businesses Nearby
10k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Chase Bank Shops & Services
7,661 visits/mo 0.5 miles
Citgo Shops & Services
1,672 visits/mo 0.3 miles
Napa Auto Parts Shops & Services
711 visits/mo 0.4 miles

Demographics for 46342, IN

32,540
Population
13,774
Households
2.4
Avg Household Size
40
Median Age
21%
College-Educated
93%
High-School Grad
35.0 sq mi
ZIP Area
930
Density / Sq Mi
$72,163
Median Household Income
$41,574
Median Earnings
$1,110
Median Rent
$193,400
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Similar Off Market Nearby

  • Kellen's Florist Inc 342 Main St, Hobart, IN 46342

Frequently Asked Questions

What type of property is this?
Storefront property - Renovated end unit with large storefront windows and rear parking, currently undergoing interior and mechanical upgrades.
Where is this storefront property located?
The property is located at 150 S ILLINOIS ST Hobart, IN.
What is the lease rate?
The lease rate is $10 SF/Yr.
What are key features of this property?
This property features: 1,100 SF end unit is currently undergoing complete renovation with new paint, ceiling, LED lights, flooring, and a new bathroom; New HVAC and a new entry door are included as part of the current renovation; Large storefront windows face Illinois Street (S.R. 51)
More about this property
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