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Listed price in listed location currency (USD).
$200,000

630

MLS® 824001

  • Key Facts
  • Description
  • Map

Key Facts

Type Triplex
Levels Residential Income
Size -
Garage No
Taxes $2,201
Days Active 148
Lot Size 0.244 acres
Approx. Age 1915
MLS® Number 824001

Property Address: 420 Adams St, Gary, IN, 46402-1241

Average square foot calculated using Size range provided by listing agent.

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
MLS® Number824001
Laundry Level
Central VacNo
FireplaceNo
Acreage0.244
Exterior
GarageNo
Approx. Age1915
BasementDaylight, Walk-Out Access
DrivewayGravel, On Street, Off Street
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 10, 2025List Date
$200,000List Price
  • Commute

Commute

Starting Address
Destination Address
420 Adams St, Gary, IN

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