About 2585 W 11th Avenue
Bring your vision and creativity to this rare, all-brick 14-unit apartment building, one of the largest multifamily properties in the area! Currently completely gutted and ready for a full renovation, this structure offers a blank canvas for a savvy investor or developer to restore its former potential and create strong rental income. The property features solid brick construction, a spacious layout across multiple levels, and side-door access for easy contractor entry. Several windows are currently boarded up for security, and utilities will need to be reinstalled. Once revitalized, this building could become a multifamily asset in a growing area of Gary. Whether you're looking to reposition as modern apartments, workforce housing, or a long-term hold, the size, structure, and location of this property make it a standout investment.
Features of 2585 W 11th Avenue
MLS® # | 829188 |
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Price | $125,000 |
Bathrooms | 0.00 |
Square Footage | 14,500 |
Acres | 0.11 |
Year Built | 1917 |
Type | Commercial Sale |
Sub-Type | Multi Family |
Status | Active |
Community Information
Address | 2585 W 11th Avenue |
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Subdivision | Jefferson Land & Realty Companys |
City | Gary |
County | Lake |
State | IN |
Zip Code | 46404 |
Amenities
Utilities | Electricity Available, Sewer Available, Water Available, Natural Gas Available |
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Parking | Alley Access, On Street, Concrete |
Is Waterfront | No |
Has Pool | No |
Interior
Heating | None |
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Fireplace | No |
Has Basement | Yes |
Basement | Other |
Exterior
Exterior Features | Other |
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Lot Description | Corner Lot |
School Information
District | Gary |
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Additional Information
Date Listed | October 10th, 2025 |
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Foreclosure | No |
Short Sale | No |
Listing Details
Agent | Vennessa Sumler |
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Office | McColly Real Estate |