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About This Home
This 6-bedroom, 3-bathroom residential multi family at 420 Adams Street in Gary, IN is listed for $200,000. Built in 1915, on a 0.24 acres lot.
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 So
uth 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
Key Features
- Built in 1915
- 0.24 acre lot
- 2 stories
Property Details
Monthly Cost Estimate
$1,070/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
420 Adams Street
Gary, IN 46402
Gary Land Companys 01
Features & Amenities
Exterior Features
Property Details
Pool Features
Parking
Questions & Answers
This 6-bedroom, 3-bathroom residential multi family at 420 Adams Street is listed at $200,000. The estimated monthly payment is $867 based on 20% down at 6.5% interest.
Key features include: Built in 1915, 0.24 acre lot, 2 stories. Exterior Features: Balcony.
This property is listed by Dennis Nichols and can be reached at 2192572800 or dennis.nichols2020@gmail.com.






