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 |
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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 |
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Subdivision | Gary Land Companys 01 |
City | Gary |
County | Lake |
State | IN |
Zip Code | 46402 |
Amenities
Utilities | None |
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Parking | Gravel, On Street, Off Street |
Is Waterfront | No |
Has Pool | No |
Interior
Interior Features | None |
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Appliances | None |
Heating | None |
Fireplace | No |
Has Basement | Yes |
Basement | Daylight, Walk-Out Access |
Exterior
Exterior Features | Balcony |
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Lot Description | Rectangular Lot |
Additional Information
Date Listed | July 10th, 2025 |
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Foreclosure | No |
Short Sale | No |
Listing Details
Agent | Dennis Nichols |
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Office | Weichert, Realtors-Moke Agency |