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$125,000

  • For Sale
  • Active
  • Commercial
  • 5,000 Sq. Ft.
  • Updated 13 days ago
See This Home
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Attention Entrepreneurs: The building is sold as is! Don't let this remarkable opportunity slip through your fingers! Step into a space meticulously crafted to propel your success and ensure your utmost comfort. Rest assured, your safety and security are our top priorities, with a comprehensive security system in place to provide peace of mind for both you and your valued clients. And that's not all - downstairs, indulge in the convenience of a fully-furnished basement boasting a bathroom, break room, and studio space, all tailored to meet your professional needs. Join us and unlock the potential of your entrepreneurial journey! Studio Equipment included in full asking price!

Full Property Details for 5007 W 5th Ave

General

  • Price: $125,000
  • Taxes: $1,148 (2023)
  • Status: Active
  • Type: Commercial
  • Source: GNIAR
  • MLS ID: 821621
  • Updated: 4/29/2026
  • Added to Site: 347 day(s) ago

Interior

  • Appliances: Other

Exterior

  • Exterior Features: Other

Parking

  • Parking Features: None, Additional Parking

Location

  • County: Lake
  • Township: Calumet
  • Subdivision: New Brunswick Add
  • Driving Directions: 5th Ave Clark Road to Fifth Ave West to Property

Heating & Cooling

  • Heating Type: Forced Air

Structural Information

  • Square Feet: 5,000
  • Year Built: 1956

Lot Features

  • Lot Size (Acres): 0.076
  • Lot Size (Sq. Ft.): 3,311
  • Lot Features: Corner Lot

Financial Considerations

  • Tax Amount: $1,148
  • Tax Year: 2023
  • Terms: Cash, Conventional

Disclosures and Reports

  • Legal Description: NEW BRUNSWICK ADD. L.2 BL.5 N. 12FT. IN U.S.20
  • Property ID: 450701407007000004

Listed by Heritage Real Estate Services,

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Listing agent

— 5007 W 5th Ave —

  • Heritage Real Estate Services,

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NMLS#: 1598647

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

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

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

Schools serving 5007 W 5th Ave

School District:Gary Community School Corporation
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 5007 W 5th Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/25/2025
Price Reduced
$125,000
-16.67%
MLS
5/29/2025
Listed
$150,000
—
MLS
Get Price Alerts and Save Property
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 5007 W 5th Ave

Year
Property Taxes
Change
Tax Assessment
Change
2024
$1,568
—
$41,300
29%
2024
$1,568
-45%
$32,000
-2%
2023
$2,874
138%
$32,600
-4%
2022
$1,208
-56%
$33,900
8%
2020
$2,758
84%
$31,300
-13%
2019
$1,497
—
$35,900
15%
2019
$1,497
-41%
$31,300
-13%
2018
$2,549
64%
$35,900
—
2017
$1,552
—
$35,800
-4%
2017
$1,552
-2%
$37,200
14%
2016
$1,585
56%
$32,600
-2%
2015
$1,013
-44%
$33,300
8%
2013
$1,824
-3%
$30,900
—
2012
$1,883
—
$31,000
—
View All
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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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Heritage Real Estate Services,

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5007 W 5th Avenue, Gary, IN 46406 (MLS# 821621) is a Commercial property. 5007 W 5th Avenue is currently listed for $125,000 and was received on May 29, 2025. Want to learn more about 5007 W 5th Avenue? 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.

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