# 420 Adams Street, Gary, IN 46402

> **TL;DR:** 6bd/3ba residential multi family, $200,000, built 1915. Est. $867/mo. Listed 274 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $200,000 |
| Bedrooms | 6 |
| Bathrooms | 3 full |
| Year Built | 1915 |
| Lot Size | 10,629 sqft (0.24 acres) |
| Stories | 2 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 274 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $867 |
| **Total** | **$867** |

## Property Highlights

- Built in 1915
- 0.24 acre lot
- 2 stories

## Description

### 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 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.Property being sold As-Is, Where-Is

## Location

- **Address:** 420 Adams Street, Gary, IN 46402
- **County:** Lake
- **Neighborhood:** Gary Land Companys 01
- **Coordinates:** 41.603288, -87.339883
- **Google Maps:** https://www.google.com/maps?q=41.603288,-87.339883

## Listing Agent

- **Name:** Dennis Nichols
- **Brokerage:** Weichert, Realtors-Moke Agency
- **Phone:** 2192572800
- **Email:** dennis.nichols2020@gmail.com

## Primary Photo

![420 Adams Street - Primary Photo](http://lh.rdcpix.com/474ad84f2c6473921d46aca3923663c3l-f3571140619r.jpg)

*4 total photos available on [listing page](https://www.propertysimple.com/listing/420-adams-street-gary-in-46402-n824001)*

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**MLS#:** 824001 | **Updated:** 2026-04-24
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/420-adams-street-gary-in-46402-n824001)

---

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