$85,000

647 Vermont Street, Gary, IN 46402

  • 2 beds |
  • 1 bath |
  • 1,100 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1923
  • Property Lot Size Icon5,009sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $77/sqft
  • Property List Date Icon Listed 15 days ago

Property Description

Renovation is already underway and ready for the final phase. Several key improvements have been completed, giving the next owner a strong head start toward completion. Recent upgrades include all new windows, a new furnace, gas hot water heater, updated electrical panel, and water service connected to the property. All utilities are currently on and functioning. Whether you plan to live in the home, rent it, or flip it, the layout and progress to date provide flexibility to complete the project to your own specifications and add value. The property may be suitable for cash, conventional renovation, FHA 203(k), or VA renovation financing (buyer to verify lender requirements). Renovation is continuing, and photos will be updated as work progresses. Pricing will increase as additional improvements are completed, offering early buyers the opportunity to secure the property at its current stage and price. The Gary area continues to see renewed attention, including ongoing regional discussions regarding the potential relocation of the Chicago Bears, which could further contribute to long-term interest and redevelopment in Northwest Indiana (buyer to verify). Bonus Opportunity: The neighboring property at 655 Vermont is also available. Purchase one or both--live in one, renovate the other, or expand your investment portfolio. Property sold as-is. Don't miss this rare chance to grab two properties side by side--call today!

Listing Status:
Active
Data Last Updated:
February 14, 2026 at 7:21AM
Listing Office:
Weichert, Realtors-Moke Agency : (219) 662-3000
Listing Agent:
Dennis Nichols :
MLS ID:
833417
  • General: Other
  • Rooms: Bedroom 2Primary BedroomLiving RoomKitchenDining Room
  • Appliances: None
  • Laundry: Lower LevelWasher Hookup
  • Basement: FullWalk-Out AccessStorage SpaceInterior Entry
  • Heating: Forced AirNatural Gas
  • General: None
  • Parking: Off StreetOn StreetAlley Access
  • General: Two
  • Originating MLS: nira
  • County: Lake
  • Zoning: GARY LAND CO'S. 1ST SUB. S. 20 FT. L.12 BL.70 N. 20 FT. L.13 BL.70450803407010000004
  • View: City
  • Utilities: Electricity ConnectedSewer ConnectedNatural Gas Connected100 Amp Service
  • Water: Public
  • Sewer: Public Sewer
  • 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 $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

D

Daniel Hale Williams Elementary School

1320 E 19th Ave, Gary, IN, 46407

Grades KG-5

1.01 miles away

G

Gary Career Center

1800 E 35th Ave, Gary, IN, 46409

Grades KG-12

3.05 miles away

G

Gary Career Center

1800 E 35th Ave, Gary, IN, 46409

Grades KG-12

3.05 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.

Similar Listings Nearby