420 Adams Street, Gary, IN 46402

$200,000

  • Open House
  • New Listing
  • Price Reduced
  • Sold
  • Leased
-1 More Schedule
  • 6 BedroomBeds
  • 3 BathroomBaths
  • Sqft
  • 0Acres
  • Multi-FamilyType
  • ActiveStatus
  • 824001MLS#
-1 More Schedule

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Property Description 420 Adams Street, Gary, IN 46402

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



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Property Details 420 Adams Street, Gary, IN 46402

  • On Market Date: 07/10/2025
  • Year Built: 1915
  • MLS#: 824001
  • Type: Multi-Family
  • Status: Active
  • Lot Size: 10,629
  • Price: $200,000
  • City: Gary
  • State: IN
  • Zip: 46402
  • County: Lake
  • Development: NO
  • Date Last Updated: 08/18/2025
  • Property tax: $2,201

Bedrooms

  • Beds: 6

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Basement: Yes
  • Pool: NO
  • Water: None
  • Sewer: None
  • Heating: None
  • Cooling: None

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