1. Indiana
  2. Gary
  3. 420 Adams Street
$200,000

420 Adams Street, Gary, IN 46402

  • 6 beds |
  • 3 baths
  • Property Icon Triplex
  • Property Year Built Icon Built in 1915
  • Property Lot Size Icon10,629sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 19 days ago

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.

Listing Status:
Active
Listing Office:
Weichert, Realtors-Moke Agency : (219) 662-3000
Listing Agent:
Dennis Nichols :
MLS ID:
824001
  • General: None
  • Appliances: None
  • Basement: DaylightWalk-Out Access
  • Heating: None

This listing courtesy of Dennis Nichols, Weichert, Realtors-Moke Agency

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

B

Beveridge Elementary School

1234 Cleveland St, Gary, IN, 46404

Grades KG-5

1.46 miles away

G

Gary Career Center

1800 E 35th Ave, Gary, IN, 46409

Grades KG-12

3.54 miles away

G

Gary Career Center

1800 E 35th Ave, Gary, IN, 46409

Grades KG-12

3.54 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.