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420 Adams Street, Gary, IN 46402
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$200,000
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Home Details for 420 Adams Street
Price
$200,000
Type
Multi Family
Bedrooms
6
Total Bathrooms
3
Full Bathrooms
3
Year Build
1915
Sq. Ft.
2492
Lot Size
0.244
County
Lake
Basement
Daylight, Walk-Out Access
Tax
$2,201
MLS®️ Listing#
824001
On exitrealty.com
128 days
Property Description
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.
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- Parking
- Gravel
- On Street
- Off Street
- Basement
- Daylight
- Walk-Out Access
- Cooling Information
- None
- Heating Information
- None
- Water Features
- None
- Utilities
- None
Listing Courtesy: Weichert, Realtors-Moke Agency - 219-662-3000. Presented by: Dennis Nichols
Last Updated: 2025-07-10 17:37:06
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Market statistics compiled from data from Greater Northwest Indiana Association of Realtors.
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EXIT STRATEGY REALTY
833 Lincoln Highway #410 E-5, Schererville, IN 43675