Map of Property

60+ Acre Redevelopment Site

4401 W 5th Ave, Gary, IN 46406

  • For Sale Best Offer
  • Property Type VacantLand
  • Property Size 160,747 SF
  • Lot Size 60 Acre
  • Building Class C
  • Year Built 1955
  • Date Updated Jul 10, 2025
Gary, IN is a dynamic city with a rich history and a diverse array of cultural attractions. Located in the heart of the Midwest, Gary offers a unique blend of urban amenities and natural beauty. The city is known for its vibrant arts and music scene, as well as its proximity to the scenic shores of Lake Michigan. Its strategic location, just a short drive from Chicago, provides access to a wide range of opportunities for commerce and leisure, making Gary an exciting and promising city for investment and growth.An exceptional investment opportunity in Gary, IN, offering flexible development potential for an Industrial Park, Logistics Hub, or Mixed-Use Redevelopment. Located within a designated Opportunity Zone, the property presents attractive tax incentives for qualified investors. Its strategic location near the Gary/Chicago International Airport, with direct highway access and strong municipal support, makes it an ideal asset for land and retail investors seeking long-term value in a rapidly evolving market.
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Highlights

  • Development Incentives Available: Access to a Range of Local, State, & Federal Programs Supporting Investments in Gary, IN
  • Direct Access to Major Highways, Including I-90 and I-94
  • Just 25 Miles from Downtown Chicago
  • Located Near the Gary/Chicago International Airport
  • Permitted Zoning Uses: Industrial Park, Logistics Hub, or Mixed-Use Redevelopment
  • Strong Municipal Backing from the Indiana Economic Development Corporation
  • Within Opportunity Zone: Qualified Investors May Benefit from Tax Breaks

Contacts

broker
Simon Jonna

Colliers Birmingham (MI) - Jonna Group

Location

Getting Around

  • Walk Score ®

    38/100 Car-Dependent

  • Bike Score ®

    40/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Gary, IN
  • Neighborhood Brunswick
  • Zip Code 46406
  • Market Chicago

Points of Interest

  • Gary Metro Center

    2.79 miles

  • East Chicago

    4.57 miles

  • Hammond-Whiting

    8.64 miles

  • Dyer

    8.78 miles

  • Phillips 66

    0.60 miles

  • Mobil

    0.82 miles

  • Clark

    1.08 miles

  • Amstar

    1.13 miles

  • Citgo

    1.18 miles

  • Pilot

    1.97 miles

  • BP

    1.98 miles

  • Grant Gas & Mini Food Mart

    2.03 miles

  • Amoco

    2.27 miles

  • Save

    2.29 miles

  • 84 HSM Parking Lot

    2.06 miles

  • Medical Lot

    2.94 miles

  • Seniority Lot

    3.07 miles

  • 1 BOP Lot

    3.11 miles

  • B Lot

    3.12 miles

  • A Lot

    3.33 miles

  • Village Mall parking

    3.69 miles

  • Sinter Plant Lot

    3.91 miles

  • Coke Plant Lot

    4.06 miles

  • 169th St. Parking Garage

    4.28 miles

  • Quality Inn & Suites Hammond

    3.12 miles

  • Motel 6 Hammond

    3.14 miles

  • Best Western Hammond

    3.17 miles

  • Budget Motel

    3.29 miles

  • Holiday Inn Express & Suites Hammond

    3.95 miles

  • Hampton Inn & Suites Hammond

    4.04 miles

  • Residence Inn Chicago Southeast/Hammond

    4.19 miles

  • Courtyard Chicago Southeast/Hammond

    4.22 miles

  • Ameristar Casino Hotel East Chicago

    4.24 miles

  • Fairfield Inn & Suites Chicago Southeast/Hammond

    4.25 miles

  • Subway

    0.34 miles

  • Sharks Fish & Chicken

    0.43 miles

  • Vienna Snacks

    0.44 miles

  • Jimmie's Coney Island No 1

    0.54 miles

  • El Norteno

    0.82 miles

  • Samia Pizza

    0.87 miles

  • Fifth Avenue Gyros and Mexican Foods

    0.99 miles

  • Buy-N-Save

    1.04 miles

  • TNT Brickhouse Soul Food

    1.08 miles

  • Elio's Hot Dogs & Mexican Food

    1.14 miles

  • Holy Rosary School

    0.15 miles

  • Gary Middle College West

    0.28 miles

  • Thea Bowman Leadership Academy

    0.45 miles

  • Aspire Charter Academy

    0.84 miles

  • West Side High School

    1.08 miles

  • Israel the Church of Jesus Learning Center

    1.11 miles

  • Sacred Heart School

    1.30 miles

  • Tolleston Opportunity Campus

    1.42 miles

  • Frankie Woods McCullough Academy

    1.48 miles

  • Beveridge Elementary School

    1.67 miles

  • Anew Life Child Care Ministry

    2.88 miles

  • Hattie's Daycare & Preschool

    5.25 miles

Frequently Asked Questions

How much does 60+ Acre Redevelopment Site cost?

The sale price for 60+ Acre Redevelopment Site is available upon request. Contact the listing broker for more information.

What is the total square footage of 60+ Acre Redevelopment Site?

60+ Acre Redevelopment Site totals 160,747 square feet.

When was this property built?

60+ Acre Redevelopment Site was built in 1955.

Looking for more in-depth information on this property?

Looking for more in-depth information on this property? Find property characteristics, ownership, tenant details, local market insights and more. Unlock data on CommercialEdge.

Contact Listing Broker
broker
Simon Jonna

Colliers Birmingham (MI) - Jonna Group

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