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3324 N Illinois Street

Indianapolis, IN 46208

PendingListed Oct 7, 2026 · 1 day on market

Key facts

Living area
1,148 sqft
Lot
0.11 acres
Year built
1920
Type
Commercial Sale · Business
MLS #
22130895
County
Marion
Total building area
1,148 sqft

About this home

Commercial investment opportunity along the North Illinois Street corridor in Indianapolis! This C-4 zoned property, originally constructed as a 2 bedroom 1 bath single family residence, is currently utilized as an operating barber and beauty shop. The property offers an opportunity for investors, entrepreneurs, or owner-users seeking an established commercial location with potential for renovation and repositioning, subject to applicable zoning and municipal approvals. Conveniently located near neighborhood businesses, public transportation, and downtown Indianapolis. Property is being sold strictly AS-IS, with substantial repairs and improvements needed. Sale includes real estate only; the existing barber and beauty business, equipment, furnishings, and trade fixtures are excluded. Seller is unable to remove remaining non-business-related contents and debris, which will convey with the property. Buyers are encouraged to conduct independent due diligence regarding property condition, zoning, permitted uses, utilities, and any intended improvements

Description provided by the listing brokerage.

Interior

Security
Security System

Exterior

Parking and garage
Gravel

Systems

Heating
Natural Gas
Utilities
Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected

Lot and HOA

Zoning
C-4

Schools

School district
Indianapolis Public Schools

Taxes

Estimated annual tax
$1,960 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$1,026per month, estimated
Principal and interest $807Property tax $163Insurance $56
20% · $32,000
6.47%
Loan type
Loan term

Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.

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Listed at$160,000
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