


420 Adams StreetGary, IN 46402
Multi-Family · 6 Beds · 3 Full Baths · 0.24 Acres420 Adams Street Overview
- Time on Site:
- 354 days
- Visits:
- 7
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
420 Adams Street Facts & Features
- Type Multi-Family
- Lot 0.24 Acres
Details
General
Building Information
- New Construction: false
- Year Built: 1915
Location/Region
- County Or Parish: Lake
- Subdivision Name: Gary Land Companys 01
- Township: Calumet
Rent/Lease Information
- Lease Considered: false
- Rent Includes: None
Tax Information
- Tax Annual Amount: 2201
- Tax Assessed Value: 87300
- Tax Year: 2023
General Information
- Listing Terms: Cash,Conventional
- Parcel Number: 450804281017000004
- Pets Allowed: No
- Property Condition: Fixer
- Property Sub Type: Triplex
- Property Type: Residential Income
- Special Listing Conditions: None
Interior
Parking Information
- Garage: false
Beds/Baths
- Bathrooms Full: 3
- Bathrooms Half: 0
- Bathrooms Three Quarter: 0
- Bathrooms Total: 3
- Bedrooms Total: 6
Building Interior
- Above Grade Finished Area: 2492
General Information
- Appliances: None
- Fireplace: false
- Heating: None
- Interior Features: None
- Levels: Two
- Living Area Source: Assessor
Exterior
Parking Information
- Parking Features: Gravel,On Street,Off Street
- Parking Total: 0
Lot Information
- Additional Parcels: false
- Lot Features: Rectangular Lot
- Lot Size Acres: 0.244
- Lot Size Source: Assessor
- Lot Size Square Feet: 10629
- Water Source: None
Waterfront/View
- Waterfront: false
Building Exterior/Construction
- Patio And Porch Features: Front Porch
General Information
- Exterior Features: Balcony
- Sewer: None
- Utilities: None
420 Adams Street Neighborhood
Community
46402 (Gary) Demographics
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.420 Adams Street Monthly Cost
420 Adams Street Market Data
Based on the last 30 days in this zip code
420 Adams Street History
| Date | Value | Agent |
|---|---|---|
| 7/31/2025Source: Northwest Indiana MLS | July 10, 2025 |







