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$29,000 -$10,000 (-25.64%) Price Reduced

  • For Sale
  • Active
  • Multi-Family
  • Updated 3 days ago
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THREE POSSIBLE UNITS TO RENT- Live in one and rent out the other or rent all three for MAXIMUM CASH FLOW! Get in on the ground floor of Gary's burgeoning renaissance. The city has recently undergone significant development and reinvestment. Gary is at the center of America's crossroads and offers close proximity to the shores of Lake Michigan and Chicago. Also nearby public transport options such as the Southshore train and new entertainment options such as Hard Rock Casino and the upcoming Lake County Convention and Visitors Center. This location will almost certainly see high appreciation for years to come.

Full Property Details for 1531 Van Buren St

General

  • Price: $29,000
  • Taxes: $768 (2025)
  • Status: Active
  • Type: Multi-Family
  • Source: GNIAR
  • MLS ID: 843139
  • Updated: 8/22/2026
  • Added to Site: 26 day(s) ago

Interior

  • Interior Features: None
  • Appliances: None

Parking

  • Parking Features: On Street

Location

  • County: Lake
  • Township: Calumet
  • Subdivision: Ctl & Co's 5th All
  • Driving Directions: Heading NORTH on Broadway, head WEST/make a LEFT onto W 15th Avenue. From W 15th Avenue, make a LEFT onto Van Buren St and multi-unit property will be on the LEFT hand side.

Heating & Cooling

  • Heating Type: Baseboard, Hot Water

Structural Information

  • Year Built: 1922

Lot Features

  • Lot Size (Acres): 0.07
  • Lot Size (Sq. Ft.): 3,049.2
  • Lot Features: Rectangular Lot
  • Zoning: Residential

Financial Considerations

  • Tax Amount: $768
  • Tax Year: 2025
  • Terms: Cash

Disclosures and Reports

  • Legal Description: C. T. L. & I. CO'S. 5TH ALL L.21 BL.24
  • Property ID: 450809404003000004

Listed by Listing Leaders

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— 1531 Van Buren St —

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NMLS#: 1598647

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 1531 Van Buren St

School District:Gary Community School Corporation
NameGradesDistance
Beveridge Elementary School
1234 Cleveland Street, Gary, IN 46404
K-50.9 mi
Mary M Bethune Early Child Development Center
2367 East 21st Avenue, Gary, IN 46407
PK-2 mi
Gary Middle School
301 Parke Street, Gary, IN 46403
6-85.3 mi
West Side Leadership Academy
9th & Gerry St, Gary, IN 46406
9-123.3 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 1531 Van Buren St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/22/2026
Price Reduced
$29,000
-25.64%
MLS
7/30/2026
Listed
$39,000
236.21%
MLS
2/10/2026
Sold
$11,600
—
Public Record
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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 for 1531 Van Buren St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$887
—
$30,400
9%
2024
$887
-63%
$28,000
3%
2023
$2,389
165%
$27,100
55%
2022
$902
-34%
$17,500
9%
2020
$1,357
246%
$16,100
5%
2019
$392
—
$15,400
-7%
2019
$392
-22%
$16,600
-20%
2018
$501
-2%
$20,800
—
2017
$512
—
$20,900
-4%
2017
$512
-2%
$21,800
-2%
2016
$525
12%
$22,300
-10%
2015
$470
-67%
$24,900
4%
2013
$1,411
-4%
$23,900
-2%
2012
$1,476
—
$24,300
—
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Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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1531 Van Buren Street, Gary, IN 46407 (MLS# 843139) is a Multi-Family property with units containing 0 bedrooms and 0 full bathrooms. 1531 Van Buren Street is currently listed for $29,000 and was received on July 30, 2026. Want to learn more about 1531 Van Buren Street? 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.

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