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420 Adams Street
Gary IN 46402 US

$200,000

Active Listing ID 824001
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6 bed
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3.00 Bath (3 Full)
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Lot: 0.24 Acres
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Triplex

$200,000

Active Listing ID 824001
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420 Adams Street 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

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Property Features

  • Facts
  • Lot Size: 0.24 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Triplex
  • Features
  • Full Bathrooms: 3
  • Exterior Finish: Balcony

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Triplex
  • listprice: 200000
  • unparsedaddress: 420 Adams Street
  • postalcity: Gary
  • stateorprovince: IN
  • country: US
  • postalcode: 46402
  • bathroomsfull: 3
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.244
  • lotsizeunits: Acres
  • lotsizearea: 0.244
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 41.603288
  • longitude: -87.339883
  • listagentfullname: Dennis Nichols
  • listagentemail: dennis.nichols2020@gmail.com
  • listagentkey: 3yd-GNIARIN-16439
  • listagentmlsid: 16439
  • listagentpreferredphone: 2192572800
  • listagentofficephone: 2196623000
  • listofficekey: 3yd-GNIARIN-769
  • listagentstatelicense: RB20001421
  • listofficemlsid: 769
  • disclaimer: Copyright © 2025 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: 1915
  • listingcontractdate: 2025-07-10
  • listagenturl: http://www.MokeRealty.com
  • countyorparish: Lake
  • parcelnumber: 450804281017000004
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 0
  • parkingfeatures: Off Street, On Street
  • waterfrontyn: False
  • exteriorfeatures: Balcony
  • architecturalstyle: Other
  • rooms: Basement, Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -87.33988, 41.603287
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Moke Realty, Inc.", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"dennis.nichols2020@gmail.com", "ListBrokerageCity":"Crown Point", "ListBrokerageCountry":"US", "ListBrokerageEmail":"reo@mokerealty.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Moke Realty, Inc.", "ListBrokeragePhone":"(219) 662-3000", "ListBrokeragePostalCode":"46307", "ListBrokerageStateOrProvince":"IN", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"617 N Main St", "ListBrokerageWebsiteUrl":"http://www.MokeRealty.com", "ListOfficeAddress1":"617 N. Main St", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"6016", "ListOfficeCity":"Crown Point", "ListOfficeCountry":"US", "ListOfficeEmail":"mokerealty@gmail.com", "ListOfficePostalCode":"46307", "ListOfficeStateOrProvince":"IN", "ListPriceCurrencyType":"USD", "ListingTitle":"Triplex - Gary, IN", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/420-Adams-St_Gary_IN_46402_M49387-66014?f=listhub&s=GNIARIN&m=824001&c=rexren", "MLSModificationTimestamp":"2025-08-15T15:27:14Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":"Triplex", "RawPropertyType":"Residential Income", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":2201, "TaxDescription":null, "TaxYear":"2023"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 8/16/2025 12:04:17 PM GMT
Source Updated Date: 12/6/2025 12:40:37 PM GMT

Courtesy of: Dennis Nichols, Weichert, Realtors-Moke Agency, dennis.nichols2020@gmail.com

Copyright © 2025 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.