60+ Acre Redevelopment Site

For Sale

4401 W 5th Ave, Gary, IN 46406

This Gary property for sale is located at 4401 W 5th Ave. The general use of 60+ Acre Redevelopment Site is vacantland and it incorporates 160,747 square feet of class C vacantland space. Contact the listing broker for details on the current sale price for 60+ Acre Redevelopment Site. 60+ Acre Redevelopment Site is situated on a lot that is 60 acre in size.

Contacts

broker
Simon Jonna

Colliers Birmingham (MI) - Jonna Group

Property Details

  • 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

Getting around

  • 38/100

    Walk Score ®

  • 40/100

    Bike Score ®

Powered by Walk Score ®

Location

  • 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

  • K & M Food Mart

    1.52 miles

  • Grocery Outlet

    1.59 miles

  • Fresh County Market

    2.52 miles

  • Save More Foods

    2.91 miles

  • ALDI

    3.48 miles

  • The Village Mall

    3.66 miles

  • Strack & Van Til

    3.84 miles

  • dd's Discounts

    4.71 miles

  • Ross

    4.72 miles

  • Big Lots

    4.86 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Simon Jonna

Colliers Birmingham (MI) - Jonna Group

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