Map of Property

For Sale

60+ Acre Redevelopment Site

4401 W 5th Ave, Gary, IN 46406

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.

Key features

  • 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
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Contacts

Simon Jonna

Colliers Birmingham (MI) - Jonna Group

Building Details

  • For Sale Best Offer
  • Property Type VacantLand
  • Property Size 160,747 SF
  • Lot Size 60 Acre
  • Building Class C
  • Year Built 1955
  • Date Updated Mar 18, 2026

Attachments

Getting Around

  • Walk Score ®

    Car-Dependent (38)

  • Bike Score ®

    Somewhat Bikeable (40)
Powered by Walk Score ®

Location

  • City Gary, IN
  • Neighborhood Brunswick
  • Zip Code 46406
  • Market Chicago

Points of Interest

East Chicago

4.57 miles

Hammond-Whiting

8.64 miles

Dyer

8.78 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

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

Car Wash

3.02 miles

Rio's Wash Wax & Detail

3.16 miles

Tsunami Express Car Wash

3.41 miles

Ace Car Care

3.48 miles

Auto Spa of NWI LLC

3.94 miles

Enterprise

3.96 miles

Easy Clean Car Wash

5.21 miles

K&B Hand Car Wash & Detailing

5.79 miles

Speedway

6.23 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

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

Gary Fire Department Station #3

1.58 miles

Northlake Campus Methodist Hospitals

1.76 miles

Community HealthNet Health Centers

2.14 miles

Gary Fire Department Station #13

2.18 miles

Gary Police Department

2.19 miles

Methodist Midlake Campus

2.37 miles

Walgreens

2.63 miles

Gary Fire Department Station #2

2.87 miles

CVS Pharmacy

2.90 miles

4401 W 5th Ave Listing Summary

  • What is the asking price at 60+ Acre Redevelopment Site?

    The asking price for 60+ Acre Redevelopment Site is currently available on demand. Contact the listing broker for details.

  • What is the total size of 60+ Acre Redevelopment Site?

    60+ Acre Redevelopment Site has a total of 160,747 square feet.

  • What is the year built for 60+ Acre Redevelopment Site?

    The year built for 60+ Acre Redevelopment Site is 1955.

Contact Listing Broker
Simon Jonna

Colliers Birmingham (MI) - Jonna Group

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