2439 W 15th Avenue Gary, IN $ 225,000
2439 W 15th Avenue
$ 225,000
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2439 W 15th Avenue

Gary, IN, 46404
$ 225,000
Bedrooms-- Baths-- Sq 3,387

Monthly Estimate*

$ 1,421

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Commercial Property for sale in Gary, IN

for $225,000. This 3,387 square foot building was built in 1920 on a lot size of 0.068.

This versatile two-story mixed-use property offers an excellent opportunity for investors or owner-operators. The first floor features a fully functional commercial space ideal for a restaurant and bar, with excellent visibility and ample room for dining, food preparation, and customer service. The second floor consists of a spacious residential rental unit, providing a steady source of rental income or comfortable owner occupancy. The apartment offers a private entrance, generous living space, multiple bedrooms, a full bathroom, and a functional kitchen, making it attractive to long-term tenants. Combining commercial and residential use, this property creates multiple income streams while maximizing its investment potential. Conveniently located in a high-traffic area with easy access to local businesses, shopping, and public transportation, this is an ideal opportunity for entrepreneurs and real estate investors alike.

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Commercial Active

Price

$ 225,000

Property Type

Commercial

Taxes

$ 12,630

Style

Mixed Use

Lot Size

0.068

Year Built

1920

Town/City

Gary

County/Region

Lake

MLS | Web ID

842845

Features
General
Sewer Public Sewer
Heating Hot Water
Utilities Electricity Connected Water Connected Sewer Connected Natural Gas Connected
Appliances Gas Range Water Heater Refrigerator
Year Built 1920
Electric 100 Amp Service 200+ Amp Service
View Neighborhood
Township Calumet
Property Subtype Mixed Use
Tax Year 2025
County Lake
Property Type Commercial Sale
Subdivision Name Rearrangement Orchard Park Add
Building Features Multi Tenant Mixed Use Exterior Lighting Public Restrooms Private Restrooms
Status Active
Directions 15th to Ellsworth St. Building in the corner.
City Gary
Lot Size Square Feet 2962
Listing Terms Cash Conventional
Tax Annual Amount 12630.86
Standard Status Active
Legal Description RUNDELL'S REARRANGMENT LOT 59 EX. E.1FT
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Exterior
Exterior Amenities Storage
Parking Features Detached Paved On Street Garage Faces Side Additional Parking Off Street
Lot Features Corner Lot Paved
Water Source Public
Total Parking 2
Lot Size Acres 0.068
Lot Size Source Assessor
Waterfront Y/N N
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* Excluded Features
List By
Joseph Young

Listing Agent

Listing Leaders

Broker

mightyjyoung29@gmail.com

Email

Affordability Calculator

$2,473
Per Month
57%
43%
0%
Monthly Principal & Interest
$1,421
Monthly Property Taxes
$1,053
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1261196 Elementary School
1261197 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/24/2026$225,000 Listed Price

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2439 W 15th Avenue, Gary, IN, 46404 is a Commercial Property for sale at $225,000 with 3,387 sqft and a lot size of 0.068. 2439 W 15th Avenue was built in 1920. The property's zip code is 46404 which is in Gary, IN