REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 60,000
Est. payment /mo
Active
400 E 41st AVE Gary, IN 46409
4,486 Sqft Lot
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Subdivision Great Gary Realty Companys 01
MLS Listing ID 843338
HOA Y/N No
Year Built 1925
Annual Tax Amount $1,422
Tax Year 2024
Lot Size 4,486 Sqft
Acres 0.103
Property Sub-Type Single Family Residence
Property Description
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.
Location
State IN
County Lake
Interior
Interior Features None
Heating None
Fireplace N
Appliance None
Exterior
Parking Features Attached
Garage Spaces 2.0
View Y/N true
View Neighborhood
Building
Lot Description Corner Lot
Story Two
Sewer Unknown
Water Other
Level or Stories Two
Others
Tax ID 450827181025000004
Acceptable Financing NRA20260803202647937181000000
Listing Terms NRA20260803202647937181000000
Listed by Listing Leaders • Christine Coughlin