Indianapolis, IN 46204-1107,822 N ILLINOIS Street
Indianapolis, IN 46204-1107,822 N ILLINOIS Street
Indianapolis, IN 46204-1107,822 N ILLINOIS Street
36
$1,750,000
$2,750,000
36.4%
Est.Price: ?

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0.36 Acres Lot

822 N ILLINOIS Street Indianapolis, IN 46204-1107

Est. payment /mo
SOLD DATE : 07/14/2025

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Key Details

Sold Price $1,750,000

Property Type Commercial

Sub Type Restaurant/Bar

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 202504217

Year Built 1956

Annual Tax Amount $16,000

Tax Year 2023

Lot Size 0.360 Acres

Property Sub-Type Restaurant/Bar

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 County

Area Marion County

Zoning C2

Interior

Flooring Ceramic Tile, Concrete, Laminate, Mixed, Vinyl Tile

Laundry , 20

Exterior

Fence Decorative, Full, Wood

Waterfront Description None

Roof Type Rubber

Building

Story 1

New Construction No

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Indiana Regional MLS (IRMLS)
Listed by Mark Harris • Century 21 Scheetz - Carmel • Cell: 317-431-2969
Bought with Mark Harris • Century 21 Scheetz - Carmel

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Timothy Vicsik

Timothy Vicsik

Broker Associate | RB14051798

+1(574) 329-9587

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