Gary, IN 46402 420 Adams Street
$200,000



Presented By: Dennis Nichols with Weichert, Realtors-Moke Agency - (219) 662-3000;
Home Details
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.
Presented By: Dennis Nichols with Weichert, Realtors-Moke Agency - (219) 662-3000;
Interior Features for 420 Adams Street
Bedrooms
Total Bedrooms6
Bathrooms
3/4 Baths0
Half Baths
Total Baths3
Other Interior Features
LivingAreaSourceAssessor
Above Grade Finished Area2492
Fireplace Y/NNo
Interior AmenitiesNone
General for 420 Adams Street
AppliancesNone
CityGary
CountyLake
Directions4th Ave to Adams - Southproperty located on west side of Adams.
Full Baths3
Garage Y/NNo
HeatingNone
Lease Considered Y/NNo
Legal DescriptionGARY LAND CO'S 1ST SUB. BL.103 LOTS 18, 19 & 20
LevelsTwo
Listing TermsCash, Conventional
Lot Size Square Feet10629
New ConstructionNo
OwnerPaysNone
Patio/Porch FeaturesFront Porch
Pets AllowedNo
Property ConditionFixer
Property SubtypeTriplex
Property TypeResidential Income
Rent IncludesNone
SewerNone
Standard StatusActive
StatusActive
Subdivision NameGary Land Companys 01
Tax Annual Amount2201
Tax Assessed Value87300
Tax Year2023
TownshipCalumet
UtilitiesNone
Year Built1915
Exterior for 420 Adams Street
Exterior AmenitiesBalcony
Lot FeaturesRectangular Lot
Lot Size Acres0.244
Lot Size SourceAssessor
Parking FeaturesGravel, On Street, Off Street
Total Parking0
Water SourceNone
Waterfront Y/NNo
Additional Details
Price History
