Residential Income For Sale

420 Adams Street, Gary, Indiana

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Property Description

Prime Downtown Gary Development OpportunityMore than just a parcel–this is a chance to be part of the bold next chapter in the City of Gary Indiana’s comeback story that’s already being written.This 10,000+ square foot lot, improved with an older brownstone triplex, is ideally located within walking distance of the planned revitalization of the South Shore Line Train Station–an anchor in the city’s evolving transportation and redevelopment plans. Property is located within a designated Transit-Oriented Development (TOD) district–a key area identified in the 2023 Northwest Indiana TDD Strategic Implementation Plan.The site sits at the crossroads of public investment, regional strategy, and untapped potential. Looking for high-density housing or mixed-use development, this property is tailor-made for a project that aligns with Gary’s long-term vision for smart growth and sustainable urban renewal.Yes, the aging triplex on the land needs a complete rehab before leasing units–but the real value isn’t what stands today. It’s what could rise tomorrow.This is a rare opportunity to create something transformative: a development that breathes new life into the block, builds community, and reflects the spirit of a city rebuilding with purpose. The vision is in motion. The framework is set. All that’s needed now is the right developer–someone who sees more than a structure… someone who sees possibility.Gary is not just rebuilding structures–it’s rebuilding trust, pride, and momentum. This is your opportunity to make a lasting impact. A statement project. A partnership with purpose. A stake in one of the Midwest’s most compelling urban renewal stories.Property being sold As-Is, Where-Is

Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : NRA824001
Price : $200,000
Bedrooms : 6
Rooms : 0
Bathrooms : 3
Half Bathrooms : 0
Year Built : 1915
Lot Area : 10,629 Sqft
Status : Active
Acres : 0.244
Property Subtype 1 : Triplex
Status : Active
Features
Heating System : No
Basement : Yes
Pet Policy : No
Parking : Off Street, On Street, Gravel
Exterior Features : Balcony
Interior Features : No
Appliances
Appliances : No
Address Map
Country : US
State : IN
County : Lake
City : Gary
Street : Adams
Street Number : 420
Street Suffix : Street
Postal Code : 46402
Floor Number : 0
Longitude : W88° 39' 36.4''
Latitude : N41° 36' 11.8''
Directions : 4th Ave to Adams - Southproperty located on west side of Adams.
Subdivision : Highpoint Prairie 01
Township : Calumet
MLS Addon
Office Name : Weichert, Realtors-Moke Agency
Listing Agent MLS ID : NRA16439
Listing Office MLS ID : NRA769
Annual Tax Amount : $2,201
HOA/POA-Annual Amt. : $0
HOA/POA-Monthly Amt. : $0
Tax Year : 2023
Residential Income For Sale
  • Listing ID : NRA824001
  • Bedrooms : 6
  • Bathrooms : 3
  • Lot Area : 10,629 Sqft
$200,000
Agent info
Dan Kelley
Remax County Wide 1st
814 E LaSalle South Bend, IN 46617
Contact Agent