2202 N Illinois Street, Indianapolis, IN 46208 (MLS # 22103037)

Price $650,000
Status Active
Beds 9
Baths 5 Baths
Home size 3,330 sqft
Lot Size 5,663 sqft
Days on Market 14
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.
Property Type(s): Single Family
Last Updated 6/3/2026 Tract Taylors
Year Built 1920 Community 4910 - Marion - Center
County Marion

Additional Details

AIR Central Air
AIR CONDITIONING Yes
APPLIANCES Dishwasher, Dryer, Electric Oven, Microwave, Range Hood, Refrigerator, Washer
AREA 4910 - Marion - Center
BASEMENT Unfinished, Yes
CONSTRUCTION Stone
HEAT Forced Air, Natural Gas
LOT 5663 sq ft
STORIES 2
STYLE Traditional
SUBDIVISION Taylors
WATER Public

Location

 

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