Refine Search
Sort by
$199,000
5 Beds 1 Baths
Commercial building PLUS residential house all on one lot! Great central-south Gary location on the corner of Ridge Rd. and Monroe St. with alley access to a spacious garage. 3,979-square-foot retail structure that can be used for offices, retail or warehouse space. Plus, a 2,112-square-foot raised-ranch house on the back of the property with 5 bedrooms, 1 bathroom, and a walkout basement. Parking in the 567-square-foot garage, plus parking in the back driveway, and additional parking on Monroe St. Front retail store formerly used as a furniture store and zoned commercial. House on the back of the parcel is zoned residential and makes this mixed-use property perfect for a family business or business start-up. Retail building built in 1923 with solid wall structure, but needs a roof and TLC. The house was built in 1951, and needs remodeling. Lot size is 52.49 feet by 125 feet (approximately 0.15 acre). Combined square footage of house, garage, and building is 6,658 square feet. The commercial building's address is 500 W. Ridge Rd., Gary, IN 46408, and the house location is 3798 Monroe St., Gary, IN 46408. Located only 3 minutes away from Indiana University Northwest, and located less than 10 minutes away from Griffith, Merrillville, and Hobart. Please submit a proof of funds with offer. Schedule a showing today!

3798 Monroe Street, Gary

$60,000
3 Beds 2 Baths
Unlock the opportunity to transform this duplex into a cash-flowing investment or owner-occupied property. This property is in need of a full rehab, making it the perfect project for investors, contractors, or experienced renovators looking to add value. With two separate units, the possibilities are endless--renovate and rent both units, live in one while generating income from the other, or add this property to your growing investment portfolio. Bring your vision and creativity to restore this property to its full potential. Property is being sold AS-IS. Buyer is responsible for conducting their own due diligence regarding condition, zoning, and intended use. Don't miss this chance to invest in a property with significant upside potential!

2526 W 9th Avenue, Gary

$60,000
Investor Special - High-Upside Fix & Flip Opportunity Solid brick multi-level building at 400 E 41st Ave in Gary, IN 46409. This is a true value-add project for experienced investors or rehabbers ready to take on a full gut renovation. The property shows classic older construction with substantial remaining structure, multiple interior spaces, arched openings, and original character elements that can shine once restored. Brick exterior provides a durable shell. Current condition requires complete renovation (extensive interior work, systems, finishes, cleanup, and exterior/site improvements), making it ideal for a full rehab or potential multi-unit conversion depending on zoning and your plans. Located in Gary with access to major routes and the broader Northwest Indiana / Chicago metro market. Nearby properties and ongoing area activity create opportunity for investors targeting rental income, flip, or hold strategies after renovation. Bring your contractor, run the numbers, and transform this into a strong-performing asset. Cash or hard-money buyers preferred. Property sold as-is. Schedule your inspection today and see the potential in person.

400 E 41st Avenue, Gary

$50,000
5 Beds 2 Baths
Calling All Investors and Rehabbers! Opportunity knocks at 3866 Pennsylvania Street, Gary, IN 46409. This 5-bedroom, 1.5-bath home sits on a 4,750 sq ft lot and is packed with potential for the right buyer ready to bring it back to life. With its spacious layout, large bedroom count, enclosed front porch, and solid footprint, this property offers the ideal canvas for a renovation project, fix-and-flip, or long-term rental investment. The size and layout provide numerous possibilities for value-add improvements and strong upside potential. Located near major roadways, schools, shopping, and local amenities, this property is positioned in an area seeing continued investment and redevelopment activity. Bring your contractor and your vision--this one needs work but the opportunity is undeniable.

3866 Pennsylvania Street, Gary

$35,000
Industrial Investment Opportunity Attention investors, developers, and contractors! This M1-1 Limited Manufacturing property offers an affordable opportunity to acquire an industrial building with excellent redevelopment potential. The existing masonry structure is in poor condition and will require extensive rehabilitation or redevelopment. Sold AS-IS. M-1 zoning permits a variety of industrial and commercial uses, including warehouse, contractor shops, logistics, distribution, self-storage, light manufacturing, wholesale operations, and more, subject to City of Gary approval. Positioned in an established industrial area with convenient access to major transportation routes, this property is ideal for buyers looking for their next value-add project. Bring your vision and transform this property into your next investment opportunity.

2596 W 9th Avenue, Gary

$89,000
3 Beds 1 Baths
Unlock the potential of this Gary home situated on a spacious corner lot. 3BR, 1 Bath, full basement, huge upstairs bedroom. Portions of the renovation work have been begun, providing a head start for investors, rehabbers, or owner-occupants ready to finish the project and add their personal touch. Whether your goal is a profitable flip, a long-term rental, or creating home equity through improvements, this property offers plenty of upside in a market that continues to gain momentum. The surrounding area is experiencing ongoing home renovations and property improvements, helping to strengthen neighborhood appeal and contribute to rising property values. The oversized corner lot offers additional possibilities beyond the existing home, including potential space for a future attached or detached garage, expanded living area, outdoor entertaining space, or other improvements, subject to local zoning and permitting requirements. Northwest Indiana continues to attract new investment and development, making this an ideal time to secure a property with value-add potential. Bring your vision and creativity to transform this property into something special. Property is being sold as-is. Cash or renovation financing preferred. Hard money welcome.

305 E 41st Avenue, Gary

$97,500
6 Beds 2 Baths
Investor special in Gary! This bi-level duplex offers an outstanding value-add opportunity for investors, flippers, or buyers looking to build sweat equity. Featuring two units--one upper and one lower--this property has strong income potential with projected rents of approximately 1,200 per month per unit, creating a potential gross annual income of 28,800. With some renovation and updates, investors may have the opportunity to achieve attractive cash flow and returns. Whether you're looking to expand your rental portfolio, complete a fix-and-hold project, or capitalize on Northwest Indiana's continued growth and revitalization, this property deserves a look. Located just minutes from major highways, commuter routes, and the exciting redevelopment taking place throughout the region, now is the time to invest in Gary's future. Property is being sold as-is where is. Cash or renovation financing preferred. Hard money welcome.

1297-1299 W 15th Avenue, Gary

$27,500
3 Beds 1 Baths
Opportunity knocks in Gary! This property is ready for a complete renovation and offers tremendous potential for investors, flippers, or buyers looking to build sweat equity. Whether you're searching for your next fix-and-flip project, rental investment, or a chance to create a home tailored to your vision, this property provides a blank canvas for your ideas. Located in a community experiencing renewed investment and growth, now is the time to secure your place in Northwest Indiana's exciting future. With the Chicago Bears' new stadium development bringing increased attention and economic activity to the region, opportunities like this are becoming harder to find. Bring your tools, your imagination, and your vision. Property is being sold as-is where is. Cash or hard money welcome.

547 Madison Street, Gary

Updated . Information deemed reliable but not guaranteed.