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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.

Agent 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 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

2 stories
3 full
1915

Monthly Cost Estimate

$1,070/mo

20% down · 6.5% · 30 years

Principal$145
Interest$867
Insurance$58

Estimates only. Actual payments may vary.

Location

420 Adams Street

Gary, IN 46402

Gary Land Companys 01

Features & Amenities

Exterior Features

Balcony

Property Details

Pool Features

Porch

Parking

Off StreetOn Street

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.

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DN

Dennis Nichols

Agent at Weichert, Realtors-Moke Agency

(219) 257-2800

Listed by Weichert, Realtors-Moke Agency · View on Broker Site

MLS# 824001· Source: listhub· Updated 274 days ago

Copyright © 2026 Greater Northwest Indiana Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

420 Adams Street, Gary, IN 46402

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