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1300 Illinois Street Mobile, AL 36604

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For Sale
$600,000

4-10, Multi-Story - Mobile, AL

Property size:
2,666 SF
Added:
Mar 6, 2026
Days on Market:
26
Last Refresh:
Apr 1 at 11:06 am

Property Features for 1300 Illinois Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
6
Bathrooms
6
Rooms
Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
Appliances
Dishwasher, Refrigerator, Washer
Standard status
Active
APN
29-10-27-2-003-007.
Size
2,666 SF

Utilities

Cooling system
Multi Units, Window Unit(s)

Building Details

Floors in Building
2
Flooring type
Wood
Roof type
Composition, Shingle
Architectural style
Other

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Listing Contact
Rameh Khazen
Rameh Khazen

Listing agent Rameh Khazen License #93507

Listing office Bellator Real Estate LLC Mobil 1428 Hillcrest Road, Daphne, AL

Listing date Mar 6, 2026

MLS# 392935 Listing URL

Copyright © 2026 Baldwin REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Overview

Renovated High-Income Apartment Building

This renovated six-unit apartment building offers a diversified income stream, featuring four fully furnished short-term rental units and two long-term rentals. The short-term units are professionally furnished with updated furniture, bedding, and supplies and operate at near full occupancy. The two long-term units are leased to reliable tenants. A coin-operated laundry facility provides additional income. The building is professionally managed and generates average gross rents of over $7,000 per month. Significant capital improvements were completed in 2024, including new roofs, updated electrical systems, and updated plumbing. Nearly all units received new flooring or refinished hardwood floors, along with new appliances, new PTAC-style HVAC units, and updated water heaters. The property is positioned for continued strong performance with minimal deferred maintenance. The surrounding area is experiencing increased development, job creation, and infrastructure improvements due to the relocation of the Mobile International Airport, which are expected to further drive housing demand and long-term property values. The property size is 2,666 square feet. The year built is unknown.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Short term rental ...

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Mobile
County
Mobile
State
Alabama
Longitude
-88.0678919
Latitude
30.672683

FAQs

What type of property is this?
Apartment building - Six-unit building with short-term and long-term rental income.
Where is this apartment building located?
The property is located at 1300 Illinois Street Mobile, AL.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: High‑income producing six‑unit apartment building with diversified income stream.; Significant capital improvements completed in 2024: new roofs, updated electrical, plumbing, flooring, appliances, HVAC, and water heaters.; Professionally managed, generating average gross rents over $7,000 per month.
More about this property
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