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2854 N Illinois Street

Indianapolis, IN 46208
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Bed 1

Bed

Bath 0

Bath

SqFt5,671

Sqft

Acres0.20

Acre(Lot)

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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Detail Ic Property Details

Property Type : Residential

Price : $205,000

AD Id : 86572923

MLS Id : MBR22110626

Beds : 1

Lot Size : 0.20 Acre

Living Area Size : 5,671

Year Built : 1920

Garage : 2

County : Marion

Subdivision: Burton & Campbells Park

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Feature Features

  • Bedroom Information

    Total Bedroom: 1

    Room Information

    Has Basement: Yes

    Interior Features

    Attic Access, Attic Stairway Appliances: None
  • Flooring Information

    Construction Materials: Vinyl Siding, Wood Siding
  • Heating & Cooling

    Heating: None Cooling: None WaterSource: Public

  • Building Information

    Year Built: 1920
  • Exterior Features

    Fire Pit Construction Materials: Vinyl Siding, Wood Siding Foundation Details: Block, Other

  • Lot Information

    Lot Description: Curbs, Sidewalks Lot Square Feet: 8494 Lot Acres: 0.2

    Property Information

    Property Type: Residential Sub Type: Single Family Residence Style: Contemporary

  • Listing Price Information

    Original List Price:$205000

  • Tax Information

    Tax Lot: 490626190030000101 Tax Legal Description: BURTON & CAMPBELLS PK PL PT L40 SE COR P.O.B. N47' W170.5' S44' SE35.14' E133' TO BEG Tax Year: 2025 Parcel Number: 490626190030000101

  • Parking Information

    Detached

    Garage Information

    Has Garage: Yes Garage Space: 2 Garage SQFT: 576

  • Utility Information

    Water Source: Public
  • Location Information

    Subdivision: Burton & Campbells Park City: Indianapolis Direction: GPS Friendly
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
2202 N Illinois Street, Indianapolis, IN, 46208 $650,000 9 5 4,163 4,163 SqFt
2341 N Kenwood Avenue, Indianapolis, IN, 46208 $189,900 3 2 2,556 2,556 SqFt
2302 N Kenwood Avenue, Indianapolis, IN, 46208 $307,000 3 3 1,888 1,888 SqFt
3554 N Illinois Street, Indianapolis, IN, 46208 $198,000 2 2 2,026 2,026 SqFt
5548 N Meridian Street, Indianapolis, IN, 46208 $724,900 3 3 3,714 3,714 SqFt
2838 N Kenwood Avenue, Indianapolis, IN, 46208 $214,900 5 3 3,126 3,126 SqFt
3449 N Kenwood Avenue, Indianapolis, IN, 46208 $289,000 3 3 1,974 1,974 SqFt
22 W 54th Street, Indianapolis, IN, 46208 $849,900 4 4 3,348 3,348 SqFt
3428 N Kenwood Avenue, Indianapolis, IN, 46208 $235,000 4 2 2,820 2,820 SqFt
115 Blue Ridge Road, Indianapolis, IN, 46208 $725,000 4 3 2,919 2,919 SqFt
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ByOwner last updated this listing 06/27/2026 @ 18:20

MLS: MIBOR #22110626 LISTED BY: Suhail Khan, Real Broker, LLC 317-794-2827 SOURCE: MIBOR REALTOR® Association (Listings courtesy of MIBOR REALTOR® Association as distributed by MLS GRID)

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