About This Home

This 5-bedroom, 1-bathroom single family at 3798 Monroe Street in Gary, IN is listed for $199,000 ($188 per sqft). Built in 1951, the home offers 1,056 sqft of living space on a 0.15 acres lot.

Key Features

  • Built in 1951
  • 0.15 acre lot

Property Details

1 story
1 full
1951
Listing Description

Commercial building PLUS residential house all on one lot! Great central-south Gary location on the corner of Ridge Rd. and Monroe St. with alley access to a spacious garage. 3,979-square-foot retail structure that can be used for offices, retail or warehouse space.

Plus, a 2,112-square-foot raised-ranch house on the back of the property with 5 bedrooms, 1 bathroom, and a walkout basement. Parking in the 567-square-foot garage, plus parking in the back driveway, and additional parking on Monroe St. Front retail store formerly used as a furniture store and zoned commercial.

House on the back of the parcel is zoned residential and makes this mixed-use property perfect for a family business or business start-up. Retail building built in 1923 with solid wall structure, but needs a roof and TLC. The house was built in 1951, and needs remodeling.

Lot size is 52.49 feet by 125 feet (approximately 0.15 acre). Combined square footage of house, garage, and building is 6,658 square feet. The commercial building's address is 500 W. Ridge Rd., Gary, IN 46408, and the house location is 3798 Monroe St., Gary, IN 46408. Located only 3 minutes away from Indiana University Northwest, and located less than 10 minutes away from Griffith, Merrillville, and Hobart. Please submit a proof of funds with offer. Schedule a showing today!

Monthly Cost Estimate

$1,064/mo

20% down · 6.5% · 30 years

Principal$144
Interest$862
Insurance$58

Estimates only. Actual payments may vary.

Location

3798 Monroe Street

Gary, IN 46408

Jackson Park So Broadway Add

Features & Amenities

Interior Features

Open Floorplan

Questions & Answers

This 5-bedroom, 1-bathroom single family at 3798 Monroe Street is listed at $199,000 ($188/sqft). The estimated monthly payment is $1,064 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1951, 0.15 acre lot. Interior Features: Open Floorplan.

This property is listed by Luke Mitchell and can be reached at 2197301589.

LM

Luke Mitchell

Agent at LEGACY REALTY GROUP LLC

(219) 730-1589
Agent website

Listed by LEGACY REALTY GROUP LLC · Broker phone: (219) 756-5600 · View on Broker Site · Broker website

MLS# 845163· Source: Greater Northwest Indiana Association of REALTORS· 17 days on PropertySimple

Copyright © 2026 Greater Northwest Indiana Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

3798 Monroe Street, Gary, IN 46408

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