2854 N Illinois Street, Indianapolis, IN 46208
Local realty services provided by:Better Homes and Gardens Real Estate Gold Key
2854 N Illinois Street,Indianapolis, IN 46208
$216,000
- 1 Beds
- - Baths
- 4,801 sq. ft.
- Single family
- Active
Listed by: suhail khan
Office: real broker, llc.
MLS#:22110626
Source:IN_MIBOR | Licensed in Indiana
Price summary
- Price:$216,000
- Price per sq. ft.:$38.09
About this home
Zoned for Up to 5 Units | Garage | Prime Redevelopment Opportunity - Endless Potential! Bring your vision and unlock the possibilities with this blank-slate opportunity. This property is ready for a complete transformation, allowing you to skip much of the demolition and clean-out work and focus on creating value. With zoning that allows up to 5 units , this property offers multiple investment strategies, including multifamily development, a duplex conversion, AirBnB, or a custom renovation project. Property features include: 3rd floor with staircase, detached 2-car garage, convenient location near Ivy Tech and the Children's Museum, surrounded by newly built and recently renovated homes, highlighting the area's continued growth and revitalization. Whether you're an investor, developer, experienced rehabber, or potential homeowner, this is an opportunity to create something special in a nice neighborhood. Property sold AS-IS, needs TLC. Home is currently under construction/rehab conditions so exercise caution and be safe when touring. Adjacent land is not included in the sale. This a completely gutted already existing structure. No primary bedroom exists as there is only framing, the sqft are possible measurements if built and info for bedroom and all other info for listing collected from tax data and info available on MIBOR. It is listed as a single family residence for technical reasons on MIBOR, it can be a home, zoned for a duplex , used as multi family and approved for 5+ units, etc. OWNER FINANCING available with an acceptable down payment....
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Home facts
- Year built:1920
- Subdivision & Development:Burton & Campbells Park
- Listing ID #:22110626
- Added:104 day(s) ago
- Updated:October 09, 2026 at 03:52 PM
Rooms and interior
- Bedrooms:1
- Basement:Yes
- Basement Description:Basement, Unfinished
- Living area:4,801 sq. ft.
Structure and exterior
- Year built:1920
- Building area:4,801 sq. ft.
- Lot area:0.2 Acres
- Lot Features:Curbs, Sidewalks
- Architectural Style:Contemporary
- Construction Materials:Vinyl Siding, Wood Siding
- Exterior Features:Fire Pit
- Foundation Description:Block
Utilities
- Water:Public Water
Finances and disclosures
- Price:$216,000
- Price per sq. ft.:$38.09
Features and amenities
- Amenities:Attic Access, Attic Stairway
Parking
- Garage:Yes
- Garage spaces:2
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