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$70,000 Just Listed
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Property Description
Investor opportunity! Spacious multi-unit property in Gary with a NEW ROOF already in place. The property has been completely gutted providing a blank slate for renovation and redevelopment. An excellent opportunity for investors to restore and reimagine this property into an income-producing asset with strong upside potential. Property is being sold AS-IS. Due to the condition of the property, room counts, dimensions, square footage, layout, and number of units should be independently verified by the buyer.
Full Property Details
Full Property Details for 1241 W 17th Ave
General
- Price: $70,000
- Taxes: $293 (2025)
- Status: Active
- Type: Multi-Family
- Source: GNIAR
- MLS ID: 841766
- Updated: 7/6/2026
- Added to Site: 4 day(s) ago
Interior
- Interior Features: None
- Appliances: None
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 9
Parking
- Parking Features: On Street
Location
- County: Lake
- Township: Calumet
- Subdivision: Logan Park Add 02
- Driving Directions: Broadway to W. 17th Ave, west to property. Property on north side of street.
Heating & Cooling
- Heating Type: None
Structural Information
- Year Built: 1925
Lot Features
- Lot Size (Acres): 0.072
- Lot Size (Sq. Ft.): 3,136
- Lot Features: Wooded
Financial Considerations
- Tax Amount: $293.96
- Tax Year: 2025
- Terms: Cash, Other
Disclosures and Reports
- Legal Description: 2ND LOGAN PARK ADD. LOT 40 BL.5
- Property ID: 450809303034000004
Listed by @properties/Christie's Intl RE
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Schools
Schools serving 1241 W 17th Ave
School District:Gary Community School Corporation
| Name | Grades | Distance |
|---|---|---|
Beveridge Elementary School 1234 Cleveland Street, Gary, IN 46404 | K-5 | 0.6 mi |
Mary M Bethune Early Child Development Center 2367 East 21st Avenue, Gary, IN 46407 | PK- | 2.4 mi |
Gary Middle School 301 Parke Street, Gary, IN 46403 | 6-8 | 5.8 mi |
West Side Leadership Academy 9th & Gerry St, Gary, IN 46406 | 9-12 | 2.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1241 W 17th Ave
Date
Details
Price
Change
Source
7/06/2026
Listed
$70,000
1900%
MLS
1/24/2022
Sold
$3,500
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1241 W 17th Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$909
—
$8,700
5%
2024
$909
-67%
$8,300
-73%
2023
$2,733
182%
$31,000
22%
2022
$969
-51%
$25,500
9%
2020
$1,974
40%
$23,500
5%
2019
$1,408
—
$22,400
-7%
2019
$1,408
-1%
$24,200
-21%
2018
$1,421
66%
$30,500
-20%
2017
$856
—
$38,200
-4%
2017
$856
-3%
$39,900
-1%
2016
$880
3%
$40,500
-11%
2015
$854
-67%
$45,700
4%
2013
$2,591
-4%
$43,900
-1%
2012
$2,690
—
$44,300
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1241 W 17th Ave
1241 W 17th Avenue, Gary, IN 46407 (MLS# 841766) is a Multi-Family property with units containing 9 bedrooms and 3 full bathrooms. 1241 W 17th Avenue is currently listed for $70,000 and was received on July 06, 2026. Want to learn more about 1241 W 17th Avenue? Do you have questions about finding other Multi-Family real estate for sale in Gary? You can browse all Gary real estate or contact a Coldwell Banker agent to request more information.

