420 Adams Street, Gary, IN 46402
Local realty services provided by:Better Homes and Gardens Real Estate Connections
Listed by:dennis nichols
Office:weichert, realtors-moke agency
MLS#:824001
Source:Northwest Indiana AOR as distributed by MLS GRID
420 Adams Street,Gary, IN 46402
$200,000
- 6 Beds
- 3 Baths
- - sq. ft.
- Multi-family
- Active
Price summary
- Price:$200,000
About this home
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
Contact an agent
Home facts
- Year built:1915
- Listing ID #:824001
- Added:80 day(s) ago
- Updated:September 29, 2025 at 02:32 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:3
- Full bathrooms:3
Structure and exterior
- Year built:1915
- Lot area:0.24 Acres
Finances and disclosures
- Price:$200,000
- Tax amount:$2,201 (2023)
New listings near 420 Adams Street
- New$899,900Active3 beds 3 baths2,018 sq. ft.
8353 Lake Shore Drive, Gary, IN 46403
MLS# 828483Listed by: AYERS REALTORS(R) - New$119,900Active3 beds 1 baths1,494 sq. ft.
1907 W 4th Place, Gary, IN 46404
MLS# 828478Listed by: WEICHERT REALTORS - SHORELINE - New$225,000Active4 beds 2 baths2,298 sq. ft.
2307 Jennings Street, Gary, IN 46404
MLS# 828440Listed by: COLDWELL BANKER REALTY - New$79,900Active2 beds 1 baths1,440 sq. ft.
1308 E 6th Avenue, Gary, IN 46402
MLS# 828442Listed by: THE JAEGER GROUP, LLC - New$30,000Active4 beds 2 baths
724 W 19th Avenue, Gary, IN 46407
MLS# 828438Listed by: REALTY EXECUTIVES PREMIER - New$2,500,000Active4 beds 4 baths2,838 sq. ft.
7705 Lake Shore Drive, Gary, IN 46403
MLS# 828410Listed by: INCOAST HOMES LLC - $195,000Pending3 beds 3 baths1,450 sq. ft.
252 Marshall Street, Gary, IN 46404
MLS# 828393Listed by: BOULDER BAY REALTY GROUP - New$160,000Active3 beds 2 baths2,050 sq. ft.
1956 W 14th Avenue, Gary, IN 46404
MLS# 828369Listed by: REALTY EXECUTIVES PREMIER - New$40,000Active3 beds 1 baths2,382 sq. ft.
1109 W 11th Avenue, Gary, IN 46402
MLS# 828370Listed by: REALTY EXECUTIVES PREMIER - New$140,000Active3 beds 2 baths1,512 sq. ft.
4341 King Court, Gary, IN 46408
MLS# 828072Listed by: BROKERWORKS GROUP