7325 Locust Avenue

Gary, IN
$ 469,900 Beds 4 Baths 3 Sq 2,554 Virtual Tour
Monthly Estimate* How much can I afford?

Fully renovated in 2025, this thoughtfully updated Miller Beach home offers the rare opportunity to own a primary residence, second home, weekend retreat, or potential Airbnb/income-producing property just outside of Chicago. Listed at below the seller's appraisal and tucked into a quiet wooded setting near Marquette Park, Miller Beach, and Indiana Dunes National Park, the location blends natural beauty, lakefront lifestyle, and convenient city access. Spend your mornings walking the shoreline, afternoons exploring the dunes and trails, and evenings enjoying the growing energy of the Miller Beach Arts & Creative District with its restaurants, shops, and local events. Whether for personal escape, year-round living, or guest appeal, this is the type of location people seek out in every season. Inside, the home was fully renovated in 2025 with modern finishes and flexible living spaces designed for both relaxation and entertaining. The open-concept main level features waterproof vinyl plank flooring, abundant natural light, stainless steel appliances, breakfast bar seating, and sliding doors leading to an elevated deck surrounded by mature trees. Two main-level bedrooms include a sun-filled primary suite with ensuite bath. The finished lower level offers additional bedrooms, bathroom, and gathering space ideal for guests, recreation, work-from-home use, or expanded hosting potential. Major 2025 improvements include new roof, windows, plumbing, tankless water heater, 200-amp electrical service, and updated mechanicals - allowing for a true move-in-ready experience. Whether you are searching for a peaceful year-round residence, a Chicago-area getaway, or a property with short-term rental possibilities near Lake Michigan and the Indiana Dunes, this home offers lifestyle, flexibility, and opportunity in one of Northwest Indiana's most talked-about beach communities. Easy access to downtown Chicago by car or nearby South Shore Line.

Active

  • Price
  • $ 469,900
  • City
  • Gary
  • Bedrooms
  • 4
  • Full Bathrooms
  • 3
  • County
  • LAKE
  • Half Bathrooms
  • 0
  • Area
  • Indiana - Gary
  • Lot Size
  • Zip
  • 46403
  • Sqr Footage
  • 2,554
  • Year Built
  • 1937
  • Taxes
  • $ 2466
  • Style
  • MLS#
  • 12642199
Listed By: A.R.E. Partners Inc.
Data Source: Midwest Real Estate Data (MRED)

Features

General

Living Area 2554
Sewer Public Sewer
Heating Natural Gas
Cooling Central Air
Possession Closing
Appliances Range,Dishwasher,Refrigerator,Stainless Steel Appliance(s)
Association Fee Includes None
Construction Materials Aluminum Siding
Year Built 1937
Township Calumet
Tax Year 2024
Ownership Fee Simple
Assoc Fee Paid Per Not Applicable
County Lake
New Construction No
Property Type Residential
Total Rooms 7
Full Baths 3
Status Active
Directions US HWY 12 to Lake St.,north to Hemlock,right on Hemlock,left on Grand,Grand Blvd turn right and becomes Marquette. Continue straight on to Locust. Property is on right (south) side of street.
City Gary
MLS Area Indiana - Gary
Tax Annual Amount 2466
Virtual Tour https://threenine.media/ifp/?id=AugQEv3pLjNfzBgUmHgwAW
Standard Status Active
Property Type Detached Single

Interior Features

Basement Finished,Full
Laundry Features Gas Dryer Hookup,In Unit,Sink
Total Bedrooms 4
Below Grade Finished Area 1196
Room Type Deck
LivingAreaSource Assessor
Total Baths 3
Bedrooms Possible 4

Exterior Features

Parking Features Gravel,Off Street,Driveway,Yes
Water Source Public
Total Parking 4
Lot Dimensions 49 x 125
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Elmwood Park, IL office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

5/8/2026 Listed $484,900
7/30/2026 4% - $469,900

Property vs Zip Code Average in 46403

Price
AVG $270K
$470K
Taxes
AVG $2,568
$2,466
Year Built
AVG 1958
1937
Visits
AVG 184
194
Data Provided by Inside Real Estate®

Areas That We Cover

7325 Locust Avenue Gary, IN is a Single Family Home for sale at $469900 with 2554 sqft and a lot size of Acre(s). 7325 Locust Avenue Gary has 4 bedrooms, 3 baths and was built in 1937. The property's zip code is 46403 which is in Gary, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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