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420 Adams Street
Gary, IN 46402

$200,000 - Status: Active
MLS# 824001

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

Property Features

MLS#: 824001
Zip: 46402
Subdivision: Gary Land Companys 01
Development: Calumet
Property Type: Multi Unit - Multiple
Days on Site: 293
Heating: None
Lot Size: 0.24 acres
Stories: 2.0
Taxes: $2,201
Year Built: 1915

Appliances

None

Feature Descriptions

Exterior Features: Balcony
Lot Description: Rectangular Lot
Parking Features: Gravel, On Street, Off Street
Sewer: None
Water: None

420 Adams Street | MLS# 824001

This multi-family property located at 420 Adams Street, Gary, IN 46402 is currently listed for sale with an asking price of $200,000. Search Gary real estate on www.coldwellbanker1stchoice.com today.

Listed By / Shown By

Listed By

Agency Name: Weichert, Realtors-Moke Agency
Agency Phone: (219) 662-3000

Shown By

Agency Title: Coldwell Banker 1st Choice
Agency Phone: (219) 324-2121

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