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    Property profile & analytics

    620 Wisconsin St Hobart, IN 46342-2165

    • Bowling alleys
    • 18,833 SF
    • 0.79 lot acres
    OFF-MARKET
    Value Estimation
    $425,000
    Location Intelligence
    Property ID
    US31-0421915
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Cressmoor Lounge / Lounge / Cocktail Bar
    • Cressmoor Lanes Inc / Cocktail Bar / Sports Complex

    Property Details for 620 Wisconsin St

    Year built
    1956
    Construction
    WOOD
    Lot size
    0.79 lot acres
    Property size
    18,833 SF
    Property type
    Bowling alleys
    APN
    45-09-30-131-017.000-018
    APU
    450930131017000018

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $395,000

    • CAP approach

      CAP return
      Estimation
      6%
      $425,000
      6.5%
      $465,000
      7%
      $510,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $400,000
      Geo Method
      $490,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $440,000
      Retail
      $425,000
      Mixed-Use
      $480,000
      Hospitality
      $485,000
      Educational
      $400,000
      Residential Income
      $500,000
      Energy
      $525,000
      Income-Based Land
      $465,000
      Food Service
      $535,000

    Location Insight

    • Map
    • Local Demand
    City
    Hobart
    County
    Lake
    State
    Indiana
    Longitude
    -87.2699
    Latitude
    41.5477
    CBSA code
    16980
    CBSA name
    CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $16,284
    $172,500
    $303,500
    $476,000
    -
    $172,500
    $303,500
    $476,000

    Comparable in this City

    • Value Estimation
      $490,000
      16,530 SF

      99 Hobart Rd

      BOWLING ALLEY • 16,530 SF
      99 Hobart Rd, Hobart, IN 46342-4666
      View Details
    • Value Estimation by Request
      40.00 Acres

      6501 Un St

      GOLF COURSE • 40.00 Acres
      6501 Un St, Hobart, IN 46342
      View Details
    • Value Estimation
      $320,000
      13.80 Acres

      Norris Dr

      GOLF COURSE • 13.80 Acres
      Norris Dr, Hobart, IN 46342
      View Details
    • Value Estimation by Request
      29.50 Acres

      6150 Sullivan St

      GOLF COURSE • 29.50 Acres
      6150 Sullivan St, Hobart, IN 46342
      View Details
    • Value Estimation by Request
      3.99 Acres

      Norris Dr

      GOLF COURSE • 3.99 Acres
      Norris Dr, Hobart, IN 46342
      View Details
    • Value Estimation
      $340,000
      14,563 SF

      1165 37th Ave

      THEATER (MOVIE) • 14,563 SF
      1165 37th Ave, Hobart, IN 46342-2012
      View Details

    Similar Nearby for Sale

    • $600,000
      21,957 SF

      Hobart Mixed-Use Business Complex

      2.85 acre mixed-use property with multiple commercial buildings and storage units.
      3600 N Lake Park Ave, Hobart, IN 46342
      View Details
    • $99,900
      1.52 Acres

      Hobart Land Package For Sale

      1.52 acres of land package available in Hobart, Indiana.
      3800 Gill St, Hobart, IN 46342
      View Details
    • Contact for pricing

      Commercial Outlots in Hobart

      Three separate commercial outlots available for sale or lease.
      140 Lake Park Ave, Hobart, IN 46342
      View Details
    • Contact for pricing

      Prime Development Site in Hobart

      19.21-acre development site in Northwest Indiana's retail hub.
      8203 Colorado St, Hobart, IN 46342
      View Details
    • $780,000

      30.8 Acres in Hobart

      30.8-acre parcel in Hobart & Merrillville communities.
      1701 E 61St Ave, Hobart, IN 46342
      View Details
    • $30,000
      0.64 Acres

      Land with Deep River Frontage

      0.64 acre lot with Deep River frontage in Hobart.
      600 Van Buren Ave, Hobart, IN 46342
      View Details

    Similar Nearby for Lease

    • $16 SF/Yr
      2,903 SF

      Professional Office Space Available

      Well-maintained office space with high visibility and easy access.
      7779 E Ridge Rd, Hobart, IN 46342
      View Details
    • $18 SF/Yr
      3,400 SF

      Office Space in Peoples Bank

      Second floor office space with signage and ample parking.
      1501 S Lake Park Ave, Hobart, IN 46342
      View Details
    • $1,500 /Mo
      960 SF

      Downtown Hobart Retail/Office Space

      Corner retail/office space in downtown Hobart with high visibility.
      347 Main St, Hobart, IN 46342
      View Details
    • $12 SF/Yr
      1,500 SF

      Retail Space in Hobart Center

      Retail space available in The Pavilions of Hobart.
      1417-1461 S Lake Park Ave, Hobart, IN 46342
      View Details
    • $17 SF/Yr
      7,279 SF

      Hobart Office Space Available

      Prime Hobart location, 620 sq ft office suite.
      904 Old Ridge Rd, Hobart, IN 46342
      View Details
    • $14 SF/Yr
      182,337 SF

      North Ridge Center Retail Space

      Lake County retail space, multiple units available.
      7760 Ridge Rd, Hobart, IN 46342
      View Details
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    620 Wisconsin St
    Hobart, IN 46342-2165
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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