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1301 Pennsylvania Street
Gary IN 46407 US

$400,000

Active Listing ID 845915
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6,435 square feet
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Lot: 0.08 Acres
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Other

$400,000

Active Listing ID 845915
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1301 Pennsylvania Street Great Investment Opportunity. This beautiful SIX- UNIT property presents a compelling opportunity to acquire a stabilized, income-producing asset. The property features six functional units designed for long-term tenancy: 3 one-bedroom units, 2 two-bedroom units, 1 three-bedroom unit, 5 of 6 units are currently occupied, providing an immediate income stream for investors. The property is conveniently located near numerous amenities, including casinos (East Chicago , Gary) and Garys' RailCats Stadium and It is also close to the Greyhound bus station and Southshore Rail lines , Skyway, and I-94, providing convenient access to transportation and surrounding areas. Showings require 48 hours' notice. A great opportunity for investors seeking a fully occupied, income-producing multiunit property.

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Property Features

  • Facts
  • Lot Size: 0.08 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Other
  • Features
  • Exterior Finish: Lighting
  • Heating Fuels: Natural Gas, Forced Air
  • Additional Features
  • Basement

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 400000
  • unparsedaddress: 1301 Pennsylvania Street
  • postalcity: Gary
  • stateorprovince: IN
  • country: US
  • postalcode: 46407
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.08
  • lotsizeunits: Acres
  • lotsizearea: 0.08
  • livingarea: 6435
  • livingareaunits: Square Feet
  • latitude: 41.589893
  • longitude: -87.33297
  • listagentfullname: Mary Aaron
  • listagentemail: maaron@mccolly.com
  • listagentkey: 3yd-GNIARIN-11908
  • listagentmlsid: 11908
  • listagentpreferredphone: 2198057629
  • listagentofficephone: 2198057629
  • listofficekey: 3yd-GNIARIN-102
  • listofficemlsid: 102
  • disclaimer: 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.
  • sourcesystemid: GNIARIN
  • yearbuilt: 1927
  • listingcontractdate: 2026-09-25
  • listagenturl: http://www.mccolly.com
  • countyorparish: Lake
  • parcelnumber: 450810158001000004
  • appliances: Electric Range, Refrigerator, Gas Range
  • heating: Natural Gas, Forced Air
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • parkingfeatures: Off Street
  • waterfrontyn: False
  • franchiseaffiliation: None
  • interiorfeatures: Eat-in Kitchen
  • exteriorfeatures: Lighting
  • rooms: Basement
  • securityfeatures: Security Lighting
  • basement: Unfinished
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -87.33297, 41.589893
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"McColly Real Estate", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"maaron@mccolly.com", "ListBrokerageCity":"Schererville", "ListBrokerageCountry":"US", "ListBrokerageEmail":"rmccolly@mccolly.com", "ListBrokerageLogoUrl":"http://lh.rdcpix.com/b10a743147d611dfb0db00219b9aa4d8k-c48015075r.png", "ListBrokerageName":"McColly Real Estate", "ListBrokeragePhone":"(219) 864-7200", "ListBrokeragePostalCode":"46375", "ListBrokerageStateOrProvince":"IN", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"800 Deer Creek Drive", "ListBrokerageWebsiteUrl":"http://www.mccolly.com", "ListOfficeAddress1":"2000 - 45th Street ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"102", "ListOfficeCity":"Highland", "ListOfficeCountry":"US", "ListOfficeEmail":"highland@mccolly.com", "ListOfficePostalCode":"46322", "ListOfficeStateOrProvince":"IN", "ListPriceCurrencyType":"USD", "ListingTitle":"Commercial Sale, Gary, IN", "ListingURL":"https://listings.listhub.net/pages/GNIARIN/845915/?channel=rexren", "MLSModificationTimestamp":"2026-09-25 19:36:14", "Neighborhoods":[{"Description":null, "Name":"Gary Land Companys 10"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":4723, "TaxDescription":"GARY LAND CO'S. 10TH SUB. ALL L.1 BL.10", "TaxYear":"2025"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 9/25/2026 7:37:25 PM GMT
Source Updated Date: 9/26/2026 12:48:20 PM GMT

Courtesy of: Mary Aaron, McColly Real Estate, maaron@mccolly.com

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.