$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 0 years 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.Property being sold As-Is, Where-Is

Listing Status:
Active
Data Last Updated:
July 5, 2026 at 7:21PM
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
  • General: Balcony
  • Other Structures: Front Porch
  • Parking: GravelOn StreetOff StreetParking spaces: 0
  • General: Two
  • Originating MLS: nira
  • County: Lake
  • Zoning: GARY LAND CO'S 1ST SUB. BL.103 LOTS 1819 & 20450804281017000004
  • Utilities: None
  • Water: None
  • Sewer: None
  • Source: nira

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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