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1164-1170 Connecticut St
Gary, IN 46407 Midtown Gary

$1,050,000 USD

Apartments For Sale  •  12,750 SF

Property Details

• Property Type Apartments
• Total Building Size 13,400 SF
• Lot Size 0.23 AC
• Building Class C
• Year Built 1927
• Zoning C

10 Transit Score

50 Walk Score

Highlights

Clear value-add strategy through renovating remaining unrenovated units | Complete full gut rehabs of two vacant units

Improve operations through modern leasing, marketing, and maintenance systems | Two adjacent buildings at 1164 and 1170 Connecticut St.

Within walking distance to retail, grocery, and entertainment | Multiple entrances and ample street parking

Hardwood floors, wood trim, updated kitchens in select units | Potential upside through future RUBs implementation

Basement renovation opportunity for tenant storage and on-site laundry | Most units already received light renovations | Positioned just off Broadway

Complete tear-off roof replacements in 2021 | New boiler systems installed in 2022 | Benefits from ongoing redevelopment

Amenities

• Hardwood Floors

Public Transportation

Commuter Rail	Drive	Walk	Distance
Gary Metro Center (South Shore Line - Northern Indiana Commuter Transportation District (South Shore Line))	7 min	-	3.7 mi
Gary/Chicago Airport (South Shore Line - Northern Indiana Commuter Transportation District (South Shore Line))	8 min	-	4.3 mi
Airport	Drive	Walk	Distance
Chicago Midway International	47 min	-	30.8 mi