420 Adams Street, Gary, IN

$200,000

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6

Beds

3

Baths

0.24

Acres

About 420 Adams Street

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

Features of 420 Adams Street

MLS® # 824001
Price $200,000
Bedrooms 6
Bathrooms 3.00
Full Baths 3
Acres 0.24
Year Built 1915
Type Residential Income
Sub-Type Triplex
Status Active

Community Information

Address 420 Adams Street
Subdivision Gary Land Companys 01
City Gary
County Lake
State IN
Zip Code 46402

Amenities

Utilities None
Parking Gravel, On Street, Off Street
Is Waterfront No
Has Pool No

Interior

Interior Features None
Appliances None
Heating None
Fireplace No
Has Basement Yes
Basement Daylight, Walk-Out Access

Exterior

Exterior Features Balcony
Lot Description Rectangular Lot

Additional Information

Date Listed July 10th, 2025
Foreclosure No
Short Sale No

Listing Details

AgentDennis Nichols
OfficeWeichert, Realtors-Moke Agency

Listing Map

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