Advertise
    Gary, IN
    School
    AI Picks

    Gary, IN Schools for Sale

    Notify Me
    List
    Map
    Griffith, IN Hobart, IN Hammond, IN Highland, IN East Chicago, IN Hillsdale, IN Schererville, IN Crown Point, IN
    School Building With Outbuilding
    Updated: Mar 2
    School Building With Outbuilding

    2460 Vermillion Street, Lake Station, IN 46405

    $995,000
    37,624 sqft 4.44 AC lot
    37,624‑square‑foot one‑story main building
    Separate 6,960‑square‑foot outbuilding
    4.44‑acre property at 2460 Vermillion Street
    Current tenant is the Boys and Girls Club
    Public water and public sewer service
    View details
    One-Story School Property
    Updated: Jul 21
    One-Story School Property

    2460 Vermillion St, Lake Station, IN 46405

    $995,000
    37,624 sqft 4.40 AC lot
    37,624‑square‑foot one‑story main building
    6,960‑square‑foot outbuilding
    4.4‑acre property
    Constructed in 1953
    Currently occupied by the Boys and Girls Club
    View details
    Turnkey School/Special Purpose Building
    Turnkey School/Special Purpose Building

    1150 W 49th Ave, Gary, IN 46408

    $499,000
    11,553 sqft 12.00 AC lot

    Operational 11,553 SF building on 12+ acres in Gary.

    View details
    See what stands out in Lake County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

    Cap Rate available after sign in
    NOI available after sign in
    Local Demand available after sign in
    Based on your search, we've compiled 24 Potential Opportunities for your consideration. Besides 3 Active listings in Gary, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 16 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Downtown Mixed-Use Property
    Downtown Mixed-Use Property

    118-120 N Main Street, Hebron, IN 46341

    $1,675,000
    13,400 sqft 0.18 AC lot

    Two commercial suites and six apartments occupy a renovated downtown building with public utilities and rear parking.

    View details
    Downtown Mixed-Use Investment Property
    Downtown Mixed-Use Investment Property

    118-120 N Main St, Hebron, IN 46341

    $1,675,000
    13,400 sqft

    Fully leased commercial and residential property with renovated tenant spaces, rear parking, and an unfinished unit for future buildout.

    View details
    Historic School Campus
    Historic School Campus

    8231 South Shore Drive, Chicago, IL 60617

    $600,000
    0.79 AC lot

    Institutional property with active utilities and a flexible interior configuration.

    View details
    Former School Building in South Shore
    Former School Building in South Shore

    7550 S Phillips Avenue, Chicago, IL, Chicago, IL 60649

    Contact for pricing
    15,000 sqft

    Versatile building in Chicago's South Shore neighborhood.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Land in Tinley Park, IL
    Land in Tinley Park, IL

    16750 Harlem Avenue, Tinley Park, IL 60477

    $579,000
    1.01 AC lot

    Commercial land available for sale in Tinley Park, Illinois.

    View details

    Off-Market Properties in Gary, IN

    Consider similar Off-Market properties in Gary, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    8400 Georgia St
    COLLEGE, UNIVERSITY, VOC SCHOOL

    8400 Georgia St, Merrillville, IN 46410

    $290,000
    Estimated value
    1.40 AC lot
    View details
    3392 Massachusetts St, Unit 94
    COLLEGE, UNIVERSITY, VOC SCHOOL

    3392 Massachusetts St, Gary, IN 46409-1015

    Unit 94
    $240,000
    Estimated value
    0.08 AC lot
    View details
    3490 Massachusetts St, Unit 94
    COLLEGE, UNIVERSITY, VOC SCHOOL

    3490 Massachusetts St, Gary, IN 46409-1017

    Unit 94
    $245,000
    Estimated value
    0.09 AC lot
    View details
    3388 Massachusetts St, Unit 90
    COLLEGE, UNIVERSITY, VOC SCHOOL

    3388 Massachusetts St, Gary, IN 46409-1015

    Unit 90
    $240,000
    Estimated value
    0.08 AC lot
    View details
    3384 Massachusetts St, Unit 86
    COLLEGE, UNIVERSITY, VOC SCHOOL

    3384 Massachusetts St, Gary, IN 46409-1015

    Unit 86
    $240,000
    Estimated value
    0.08 AC lot
    View details
    3484 Massachusetts St, Unit 86
    COLLEGE, UNIVERSITY, VOC SCHOOL

    3484 Massachusetts St, Gary, IN 46409-1017

    Unit 86
    $240,000
    Estimated value
    0.07 AC lot
    View details
    3340 Massachusetts St, Unit 46
    COLLEGE, UNIVERSITY, VOC SCHOOL

    3340 Massachusetts St, Gary, IN 46409-1015

    Unit 46
    $235,000
    Estimated value
    0.12 AC lot
    View details
    3356 Massachusetts St
    COLLEGE, UNIVERSITY, VOC SCHOOL

    3356 Massachusetts St, Gary, IN 46409

    $235,000
    Estimated value
    0.14 AC lot
    View details
    3428 Massachusetts St
    COLLEGE, UNIVERSITY, VOC SCHOOL

    3428 Massachusetts St, Gary, IN 46409-1017

    $245,000
    Estimated value
    0.14 AC lot
    View details
    3492 Massachusetts St
    COLLEGE, UNIVERSITY, VOC SCHOOL

    3492 Massachusetts St, Gary, IN 46409

    $240,000
    Estimated value
    0.07 AC lot
    View details
    3482 Massachusetts St
    COLLEGE, UNIVERSITY, VOC SCHOOL

    3482 Massachusetts St, Gary, IN 46409

    $235,000
    Estimated value
    0.14 AC lot
    View details
    3400 Massachusetts St
    COLLEGE, UNIVERSITY, VOC SCHOOL

    3400 Massachusetts St, Gary, IN 46409-1017

    $240,000
    Estimated value
    0.14 AC lot
    View details
    3412 Massachusetts St
    COLLEGE, UNIVERSITY, VOC SCHOOL

    3412 Massachusetts St, Gary, IN 46409

    $245,000
    Estimated value
    1,140 sqft 0.07 AC lot
    View details
    3410 Massachusetts St
    COLLEGE, UNIVERSITY, VOC SCHOOL

    3410 Massachusetts St, Gary, IN 46409-1017

    $245,000
    Estimated value
    0.07 AC lot
    View details
    3426 Massachusetts St
    COLLEGE, UNIVERSITY, VOC SCHOOL

    3426 Massachusetts St, Gary, IN 46409-1017

    $245,000
    Estimated value
    0.14 AC lot
    View details
    3225 Broadway, Unit 27
    COLLEGE, UNIVERSITY, VOC SCHOOL

    3225 Broadway, Gary, IN 46409-1007

    Unit 27
    $235,000
    Estimated value
    0.06 AC lot
    View details

    Gary, IN Schools Market Trends and Statistics

    Explore 19 schools for sale in Gary, IN, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 86,801 square feet of properties for sale, with an estimated market value of $2,489,000.

    Sale prices for school buildings & campuses in Gary, IN start at $499,000, averaging $829,666, and reaching up to $995,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Churches & religious facilities 11
    NNN properties 4
    Schools 3
    Day care centers 1

    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
    46408 $499K

    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 pricing trends across core commercial property types in Lake County

    Office

    Property Size Breakdown

    The majority of commercial real estate listings in Gary fall within the 50,000 to 100,000 square foot range.

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Browse Schools for Sale Near Gary, IN

    Popular Searches in Gary, IN

    Popular Categories

    Most Searched ZIP Codes in Gary, IN

    • 46405
    • 46408

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!