Indianapolis, IN 46204,822 N ILLINOIS ST
Indianapolis, IN 46204,822 N ILLINOIS ST
Indianapolis, IN 46204,822 N ILLINOIS ST
Indianapolis, IN 46204,822 N ILLINOIS ST
Indianapolis, IN 46204,822 N ILLINOIS ST
Indianapolis, IN 46204,822 N ILLINOIS ST
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Listed by Mark Harris • CENTURY 21 Scheetz

$1,750,000

$2,750,000

36.4%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

4,660 SqFt


SOLD DATE : 07/14/2025

Key Details

Sold Price $1,750,000

Property Type Commercial

Sub Type Business

Listing Status Sold

Purchase Type For Sale

Square Footage 4,660 sqft

Price per Sqft $375

MLS Listing ID 22021337

Sold Date 07/14/25

Year Built 1956

Tax Year 2023

Lot Size 0.360 Acres

Acres 0.36

Property Sub-Type Business

Property Description

SUBJECT IS COMPRISED OF THREE CONTIGUOUS PARCELS SITUATED ON THE NEAR NORTH SIDE OF INDIANAPOLIS JUST NORTH OF DOWNTOWN AREA WITH MAILING ADDRESSES OF 822 N ILLINOIS STREET AND 815 & 817 MUSKINGUM STREET. THE SUBJECT CONSISTS OF A TRACT OF LAND CONTAINING APPROXIMATLEY 0.36 +/- ACRES AND IS IMPROVED WITH TWO STRUCTURES THAT ARE CURRENTLY FUNCTIONING AS DOWTOWN OLLY'S AND BACKYARD AT OLLY''S. PER PUBLIC RECORD, THE BUILDINGS CONSIST OF A RESTAURANT AND BAR ALONG ILLINOIS STREET AND AN EVENT VENUE WITH A COVERED PATIO AREA ALONG MUSKINGUN STREET CONTAINING 4,600 +/- SQUARE FEET OF GROSS BUILDING AREA. SITE IMPROVEMENTS INCLUDE ASPHALT DRIVES AND PARKING, CONCRETE CURBING AND SIDEWALKS, CONCRETE BOLLARDS, WOOD PRIVACY AND WROUGHT IRON FENCING WITH MANUAL GATES, AND METAL GURADRAILS. THE SUBJECT IS ZONED CBD-2, CENTRAL BUSINESS DISTRICT TWO (PRIMARY) RC REGIONAL CENTER SECONDARY ZONING DISTRICT. ON THE BUSINESS SIDE- DOWNTOWN OLLY'S IS A VERY PROFITABLE, ESTABLISHED AND REPITABLE SAFE HAVEN WHERE EVERYONE IS WELCOME REGARDELSS OF GENDER, SEXUALITY, RACE OR BACKGROUND! FINDING A COMFORTABLE AND ACCEPTING SPACE CAN BE DIFFICULT AND DOWTOWN OLLY'S WANT TO BE THAT SPECIAL PLACE FOR ALL. WHETHER ONE VISITS TO MAKE NEW FRIENDS, LET LOOSE AND HAVE A GOOD TIME OR SIMPLY TO TAKE A BREAK AWAY FROM HOME- PEOPLE VENTURE IN TO ENJOY A DIVERSE AND LOVING COMMUNITY.

Location

State IN

County Marion

Zoning CBD-2, CENTRAL BUSINESS D

Interior

Heating Forced Air, Natural Gas

Cooling Central Air, Dual, Roof Turbine(s)

Fireplace N

Exterior

Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Sep Electric Meter, Sep Gas Meter, Water Connected

View Y/N true

Roof Type Rubber

Building

Story 1

New Construction false

Schools

School District Indianapolis Public Schools

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MIBOR MLS
agent-avatar

+1(317) 446-5823

craig@hartwickrealty.com

Cicero, Indiana,, 46034, USA

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