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    Gary, IN
    Live - Work Space

    Gary, IN Live-work Space for Sale

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    Hammond, IN Griffith, IN Hobart, IN Highland, IN East Chicago, IN Schererville, IN Crown Point, IN Portage, IN
    Mixed-Use Property
    Updated: Mar 25
    Mixed-Use Property

    5425 Melton Rd, Gary, IN 46403

    $50,000
    936 sqft
    Mixed‑use property combining commercial and residential opportunities
    Commercial space with a functional layout for business operations
    Potential uses include retail, office, or service‑based operations
    Located at 5425 Melton Rd, Gary, IN
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    See hot listings in Gary

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

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    1 active listing matches your search: Live-Work for sale in Gary, IN. Based on your search, we've also compiled 4 Potential Opportunities for your consideration: 4 properties in nearby cities.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Live-Work Property with Mechanic Shop
    Live-Work Property with Mechanic Shop

    6848 Columbia Avenue, Hammond, IN 46324

    $250,000
    1,778 sqft 0.37 AC lot

    A separate living area connects to a mechanic shop with multiple service bays and fenced vehicle parking.

    View details
    Brick Mixed-Use Building
    Brick Mixed-Use Building

    3116 W 63rd St Unit 5, Chicago, IL 60629

    Chicago Lawn
    $199,000
    4,025 sqft  1 building  2-story  Built 1949  brick

    Two-level property combines open commercial space with an upstairs apartment and basement storage.

    View details
    Mixed-Use Building with Office Suites
    Mixed-Use Building with Office Suites

    6434 Calumet Avenue, Hammond, IN 46324

    $205,000
    2,864 sqft 0.14 AC lot

    Two commercial suites pair with owner-occupied living space in a single property.

    View details
    Mixed-Use Property with Frame Construction
    Mixed-Use Property with Frame Construction

    8209 S South Shore Dr, Chicago, IL 60617

    South Chicago
    $175,000
    2,226 sqft  Built 1903  frame

    Residential and mixed-use positioning is stated for this frame-constructed property.

    Opportunity Zone
    View details

    Gary, IN Live-Work Space Market Trends and Statistics

    Explore 1 live-work space for sale in Gary, IN on our real estate platform. These investment opportunities span a total of 936 square feet of properties for sale, with an estimated market value of $50,000.

    Sale prices for live-work properties in Gary, IN average $50,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Office Units 27
    Medical Office Space 14
    Office buildings 8
    Coworking space 2

    Demographics Overview

    Population 124K
    Population Growth (5Y) -7.7%
    Median Household Income $47,747
    College Educated 15.8%

    High-Yield Neighborhoods for Investment

    Identify Gary submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    46403 $50K

    Taxes & Financing

    Tax Rate (average for all types) 7.93%
    Property Tax per SF $79.79 per SF
    Tax Rate vs County Average 6.93 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Lake County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale Office pricing trends in Lake County

    Office

    How Realmo verifies these figures

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