Industrial Land Development
For Sale
Contact for pricing
4401 W 5th Ave, Gary, IN 46406
More than 60 acres positioned for industrial, logistics, or mixed-use redevelopment near the Gary/Chicago International Airport.
Property Size160,747 SF
Days on Market241
Property Features for 4401 W 5th Ave
General Information
Standard status
Active
Size
160,747 SF
Class
C
Property subtype
Other Land
Building Details
Building Size
160,747 SF
Year Built
1955
Listing Agency:
The Jonna Group
Listed By:
Simon Jonna · License #6501357188
(248) 226-1610
Source:
Thebrokerlist
Added: Feb 18
Changed: Oct 12
Last Checked: Oct 16 at 5:45AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Jonna Group
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Investment Insights
Based on property information with market context.
This industrial land property encompasses more than 60 acres at 4401 W 5th Ave in Gary, Indiana. The site is identified for potential development as an industrial park, logistics hub, or mixed-use redevelopment project. Its inclusion within an Opportunity Zone may provide tax benefits for qualified investors, and development support programs are available through local, state, and federal sources.
The property is near the Gary/Chicago International Airport and offers direct access to I-90 and I-94. Downtown Chicago is approximately 25 miles away, placing the site within reach of the Chicago metropolitan area while retaining a Gary location. The Indiana Economic Development Corporation is identified as a source of municipal backing for investment activity in the area.
The property is near the Gary/Chicago International Airport and offers direct access to I-90 and I-94. Downtown Chicago is approximately 25 miles away, placing the site within reach of the Chicago metropolitan area while retaining a Gary location. The Indiana Economic Development Corporation is identified as a source of municipal backing for investment activity in the area.
Key Highlights
- More than 60 acres of industrial land
- Identified uses include industrial park, logistics hub, and mixed‑use redevelopment
- Located within an Opportunity Zone
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
163
Businesses Nearby
Explore this area
Business Placement
Demographics for 46406, IN
8,776
Population
3,938
Households
2.2
Avg Household Size
36
Median Age
9%
College-Educated
81%
High-School Grad
13.5 sq mi
ZIP Area
650
Density / Sq Mi
$35,631
Median Household Income
$28,705
Median Earnings
$972
Median Rent
$86,300
Median Home Value
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Market
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Industrial land - More than 60 acres positioned for industrial, logistics, or mixed-use redevelopment near the Gary/Chicago International Airport.
Where is this industrial land located?
The property is located at 4401 W 5th Ave Gary, IN.
What are key features of this property?
This property features: More than 60 acres of industrial land; Identified uses include industrial park, logistics hub, and mixed‑use redevelopment; Located within an Opportunity Zone
