Rare development opportunity in the city by Children's Museum! Located at 3310 N Illinois St in Indianapolis, this 40x132 ft lot is zoned HD (Hospital District), offering incredible flexibility for builders, developers, or investors. Whether you're envisioning a custom single-family home, a modern duplex, or a multi-unit fourplex, this property… Read More is ready for your vision. Even more exciting - the adjoining lot is also for sale, creating the potential to build two fourplexes, duplexes, or a mix of residential units, maximizing density and long-term returns. This is a golden opportunity in a revitalizing urban corridor, just minutes from downtown Indy, Ivy Tech, MLK Park, and public transportation. The area is seeing new construction, thoughtful renovations, and major investment - making it an ideal location to plant roots or grow your portfolio. The lot sits within a vibrant community blending historic charm with new development, perfect for attracting tenants or homeowners looking for character and convenience. Municipal utilities are nearby, and with no existing structures, it's a clean slate for your project. Whether you're a seasoned developer or someone looking to make a smart entry into the real estate market, this lot - especially paired with the neighboring parcel - opens the door to creative design, income potential, and long-term growth. Opportunities like this don't come often - build big in a neighborhood on the rise! Read Less
Courtesy of No Limit Real Estate, LLC.
Listing Snapshot
Days Online
12
Last Updated
Property Type
Residential Lots
Lot Size
0.12 Acres
MLS Number
MBR22030683
30 Days Snapshot Of 46208
$272k
-27%
(avg) sold price
31
+19%
homes sold
111
-2%
(avg) days on market
Snapshot
Area Map
Additional Details
Lot
Acres: 0.12, Topography: Not Applic, MLS Acres: <1/4 Acre
Property
Zoning: HD
Utilities
Sewer: "Municipal Sewer On Site"
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