2202 N Illinois ST Indianapolis, IN 46208 New

UPDATED: 06/03/2026 10:19 PM ON MARKET: 6 days on market

$650,000

9 Beds5 Baths4,163 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 4,163 sqft

Price per Sqft $156

Subdivision Taylors

MLS Listing ID 22103037

Bedrooms 9

Full Baths 5

HOA Y/N No

Year Built 1920

Tax Year 2024

Lot Size 5,662 Sqft

Acres 0.13

Property Sub-Type Single Family Residence

Property Description

Location, location, location! This highly strategic 9-bedroom, 5-bathroom Indianapolis property offers an unbeatable opportunity for both long-term investors seeking a performing asset and short-term rental operators. Situated in a prime downtown-adjacent hub, you are just moments away from the city's largest hospital, two major colleges, the vibrant downtown core, Gainbridge Fieldhouse, and Lucas Oil Stadium. Guests and tenants alike will love the premium convenience, which includes the rare downtown luxury of a private, gated parking lot. The building features a long list of recent capital improvements for ultimate peace of mind and low-maintenance ownership. Extensive upgrades completed in 2025 include a new parking lot gate and sliding door, fully updated plumbing and waterlines, modernized electrical receptacles, a new dryer fuse, and a secure coded door handle. Comfort and efficiency are also locked in thanks to a brand-new furnace and a newly installed pressure valve shower. Turnkey, versatile, and perfectly positioned in the heart of Indy, this high-yielding property is ready to perform from day one.


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