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$205,000 -

2854 N Illinois Street Indianapolis IN 46208

1
Bedrooms
-
Baths
N/A
SQ. Feet
(Above Ground)
0.2
Acres

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.

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Property Details

Price: $205,000 Previously: $205,000 Originally: $205,000 Bedrooms: 1 Bathrooms: 0.00 MLS #: 22110626 Year Built: 1920 Township: Center Sq. Ft Total: 5,671 Type: Residential Zip Code: 46208 City: Indianapolis Subdivision: Burton & Campbells Park County: Marion School District: Indianapolis Public Schools

Interior Features

Interior Features:
  • Appliances: None
  • Cooling: None
  • Heating: None

Exterior Features

Exterior Features:
  • Features: Fire Pit
  • Setting / Lot Description: Curbs, Sidewalks
  • # Acres: 0.20

Listing Office: Real Broker, Llc

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All information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties that a consumer may be interested in purchasing. All Information believed to be reliable but not guaranteed and should be independently verified. © 2026 MIBOR Broker Listing Cooperative®. All rights reserved.

Listing information last updated on August 8th, 2026 at 5:58am EDT.

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