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$150,000
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Property Description
Excellent opportunity to own a versatile 2,464 square foot two story commercial building situated on a highly visible corner lot in Gary. Zoned B 1 Limited Retail Business, this property offers an open commercial area with two overhead doors, a reception or office area, multiple restrooms, and a spacious second level with multiple rooms that can be adapted for a variety of permitted business uses. The large, paved parking lot offers abundant on-site parking. Conveniently located near Broadway and I 80 94 for easy access. Property is being sold As Is. Buyer to verify zoning, permitted uses, square footage, and all property information.
Full Property Details
Full Property Details for 1500 Virginia St
General
- Price: $150,000
- Taxes: $2,917 (2025)
- Status: Active
- Type: Commercial
- Source: GNIAR
- MLS ID: 842848
- Updated: 7/24/2026
- Added to Site: 28 day(s) ago
Interior
- Appliances: None
Parking
- Parking Features: Off Street, Asphalt, Garage Faces Front
Location
- County: Lake
- Township: Calumet
- Subdivision: Gary Land Companys 09
- Driving Directions: From I-80/94, take the Broadway exit north. Turn left (west) on W. 15th Avenue. Property is located at the corner of W. 15th Avenue and Virginia Street.
Heating & Cooling
- Heating Type: Natural Gas
Structural Information
- Square Feet: 2,464
- Year Built: 1957
Lot Features
- Lot Size (Acres): 0.25
- Lot Size (Sq. Ft.): 10,890
- Lot Features: Corner Lot, Paved
- Zoning: Business
Financial Considerations
- Tax Amount: $2,917.28
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: GARY LAND CO'S. 9TH SUB. L.1 BL.1 L.2 BL.1 N. 24 FT. L.3 BL.1
- Property ID: 450810188002000004
Listed by @properties/Christie's Intl RE
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Schools
Schools serving 1500 Virginia St
School District:Gary Community School Corporation
| Name | Grades | Distance |
|---|---|---|
Daniel Hale Williams Elementary School 1320 East 19th Avenue, Gary, IN 46407 | K-5 | 0.6 mi |
Mary M Bethune Early Child Development Center 2367 East 21st Avenue, Gary, IN 46407 | PK- | 1.3 mi |
Gary Middle School 301 Parke Street, Gary, IN 46403 | 6-8 | 4.6 mi |
West Side Leadership Academy 9th & Gerry St, Gary, IN 46406 | 9-12 | 4.1 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 1500 Virginia St
Date
Details
Price
Change
Source
7/24/2026
Listed
$150,000
—
MLS
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 1500 Virginia St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$3,648
—
$81,900
17%
2024
$3,648
-42%
$69,800
-1%
2023
$6,242
102%
$70,800
-3%
2022
$3,096
34%
$73,100
178%
2020
$2,317
61%
$26,300
—
2019
$1,440
-57%
$26,300
-62%
2018
$3,333
28%
$69,100
—
2017
$2,598
—
$68,900
-2%
2017
$2,598
-1%
$70,600
27%
2016
$2,631
52%
$55,800
-4%
2015
$1,734
-46%
$58,100
6%
2013
$3,229
-2%
$54,700
1%
2012
$3,291
—
$54,200
—
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 1500 Virginia St
1500 Virginia Street, Gary, IN 46407 (MLS# 842848) is a Commercial property. 1500 Virginia Street is currently listed for $150,000 and was received on July 24, 2026. Want to learn more about 1500 Virginia Street? Do you have questions about finding other Commercial real estate for sale in Gary? You can browse all Gary real estate or contact a Coldwell Banker agent to request more information.

