Listing Agency: Windermere Valley/Liberty Lake Show Phone

Listed By: Steve Jones · License #15029 Show Phone

Source: Moodyscre

Added: May 6, 2025 Changed: Aug 23 Last Checked: Sep 1 at 5:13PM

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Investment Insights

Based on property information with market context.

This is a development opportunity featuring sweeping views over Spokane. The property consists of four parcels that can potentially be aggregated for a large project. It is zoned for multi-family use, allowing for buildings up to 55 feet tall, with potential for up to 65 feet with below-grade height. There is unlimited density, no on-site parking requirements, and the property is located on a bus route with an adjacent walking path. Centrally located, it offers quick access to all areas of Spokane and is situated on the hill above Spokane Community College (SCC) and Gonzaga University. This multi-family development could provide the opportunity to build out 100+ units. The listing includes 1520, 1524, 1530 & 1540 E Illinois Ave.

Key Highlights

• Multi‑family zoning with potential for 100+ units.
• Unlimited density and height potential up to 65 feet.
• Sweeping views over Spokane.

Property Analytics

Property Profile

Current Use

Residential land & home ...

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Hair Salon Nail Salon HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

475

Businesses Nearby

Explore this area Business Placement

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Frequently Asked Questions

What type of property is this?

Land - Multi-family development opportunity with sweeping views in Spokane, Washington.

Where is this land located?

The property is located at 1520-1540 E Illinois Ave Spokane, WA.

What is the asking price?

The asking price for this property is $1,650,000.

What are key features of this property?

This property features: Multi‑family zoning with potential for 100+ units.; Unlimited density and height potential up to 65 feet.; Sweeping views over Spokane.