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 agency219-662-3000
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...
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Home facts
- Year built:1915
- Listing ID #:824001
- Added:318 day(s) ago
- Updated:May 25, 2026 at 02:27 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:3
- Full bathrooms:3
- Basement:Yes
- Basement Description:Basement
Structure and exterior
- Year built:1915
- Lot area:0.24 Acres
- Exterior Features:Balcony
Finances and disclosures
- Price:$200,000
- Tax amount:$2,201 (2023)
Parking
- Parking description:Off Street, On Street
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