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4683 Broadway
Gary IN 46409 US

$399,900

Active Listing ID 846244
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9,000 square feet
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Lot: 0.20 Acres
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Other

$399,900

Active Listing ID 846244
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4683 Broadway Highly visible, Mixed-Use, Six-Unit with consisted income. Located on Broadway in Gary, this established investment property offers a unique combination of 3 main floor commercial units, and 3 residential apartments above. There is a separately rented two-car garage creating seven income streams! This building has been the home of Gary's iconic Playboy Barbershop for the past 43 years. The three main floor business tenants have forced air heating with central air conditioning. Each business owner pays for their own gas, electric and water. Tenants include a barber shop, a woman's hair salon and a financial planner. The upper level includes three residential apartments. There are two units with two bedrooms and one unit with one bedroom. Each residential tenant is responsible for providing their own appliances and window air conditioning units. Each residential tenants pays for their own cooking gas, and electric. These units are boiler heated, with the expense of heat heating gas and water provided by the owner. The two car garage is also rented separately, creating a seventh income stream. New windows were installed on the second floor in 2024, the roof was replaced in 2021, the boiler was replaced in 2016. Playboy Barbershop will be moving with the sale of the building, but may be willing to sell some existing equipment to a new tenant or purchaser. This property offers an excellent opportunity for an investor seeking proven cash flow with significant upside potential as rents are increased over time. A unique combination of long-term tenants, multiple income streams, and future rental upside makes this a compelling investment opportunity. 4675 #1 Broadway = 2 Bedroom. 4675 #2 Broadway = 2 Bedrooms. 4675 #3 = 1 Bedroom. 4677 Broadway = Financial Planner. 4681 Broadway = Hair Salon. 4683 Broadway = Barbershop. The Schedule of Rents and Operating Income/Expenses are available upon request.

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Property Features

  • Facts
  • Lot Size: 0.20 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Other
  • Features
  • Exterior Finish: Lighting, Storage
  • Heating Fuels: Baseboard, Forced Air, Hot Water(Heating), Central, Natural Gas
  • Additional Features
  • Basement

School Information

  • School
  • Glen Park Academy(Elementary)
  • West Side Leadership Academy(HighSchool)

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 399900
  • unparsedaddress: 4683 Broadway
  • postalcity: Gary
  • stateorprovince: IN
  • country: US
  • postalcode: 46409
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.2
  • lotsizeunits: Acres
  • lotsizearea: 0.2
  • livingarea: 9000
  • livingareaunits: Square Feet
  • latitude: 41.533549
  • longitude: -87.335947
  • listagentfullname: William Kornblum
  • listagentemail: mrkorn821@gmail.com
  • listagentkey: 3yd-GNIARIN-13988
  • listagentmlsid: 13988
  • listagentpreferredphone: 2193089629
  • listagentofficephone: 2193089629
  • listofficekey: 3yd-GNIARIN-1347
  • listofficemlsid: 1347
  • 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: 1950
  • listingcontractdate: 2026-10-02
  • listagenturl: http://www.REXPremier.com
  • countyorparish: Lake
  • parcelnumber: 450834105008000004
  • elementaryschool: Glen Park Academy
  • highschool: West Side Leadership Academy
  • elementaryschooldistrict: Gary
  • middleorjuniorschooldistrict: Gary
  • highschooldistrict: Gary
  • appliances: Water Heater
  • heating: Baseboard, Forced Air, Hot Water(Heating), Central, Natural Gas
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 12
  • parkingfeatures: On Street, Garage, Off Street
  • view: City
  • waterfrontyn: False
  • franchiseaffiliation: Realty Executives International
  • interiorfeatures: Entrance Foyer
  • exteriorfeatures: Lighting, Storage
  • rooms: Basement
  • otherstructures: Storage
  • basement: Storage Space, Unfinished, Sump Pump, Full
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -87.335945, 41.53355
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Listing Changed: 10/2/2026 11:07:37 PM GMT
Source Updated Date: 10/6/2026 12:47:03 AM GMT

Courtesy of: William Kornblum, Realty Executives Premier, mrkorn821@gmail.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.