About 547 Madison Street
Opportunity knocks in Gary! This property is ready for a complete renovation and offers tremendous potential for investors, flippers, or buyers looking to build sweat equity. Whether you're searching for your next fix-and-flip project, rental investment, or a chance to create a home tailored to your vision, this property provides a blank canvas for your ideas. Located in a community experiencing renewed investment and growth, now is the time to secure your place in Northwest Indiana's exciting future. With the Chicago Bears' new stadium development bringing increased attention and economic activity to the region, opportunities like this are becoming harder to find. Bring your tools, your imagination, and your vision. Property is being sold as-is where is. Cash or hard money welcome.
Features of 547 Madison Street
| MLS® # | 840876 |
|---|---|
| Price | $27,500 |
| Bedrooms | 3 |
| Bathrooms | 1.00 |
| Full Baths | 1 |
| Acres | 0.09 |
| Year Built | 1910 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Status | Active |
Community Information
| Address | 547 Madison Street |
|---|---|
| Subdivision | Gary Land Companys 01 |
| City | Gary |
| County | Lake |
| State | IN |
| Zip Code | 46402 |
Amenities
| Parking | On Street |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | None |
|---|---|
| Appliances | None |
| Heating | None |
| Fireplace | No |
| Has Basement | Yes |
| Basement | Full, Unfinished, Other |
Exterior
| Lot Description | Back Yard, Rectangular Lot |
|---|
Additional Information
| Date Listed | June 18th, 2026 |
|---|---|
| Zoning | residential |
| Foreclosure | No |
| Short Sale | No |
Listing Details
| Agent | Dennis Nichols |
|---|---|
| Office | Weichert, Realtors-Moke Agency |