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1561 Illinois Street Mobile, AL 36604

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For Sale
$183,200

Multifamily property with income potential in established residential area.

Type:Multi Family
Added:
Feb 28, 2026
Days on Market:
49
Last Refresh:
Apr 7 at 10:54 pm

Property Features for 1561 Illinois Street

General Information

Standard status
Active
Property subtype
Multi Family

Building Details

Year Built
1989

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Listing Contact
Cabretta Howell

Listing agent Cabretta Howell

Listing office IXL Real Estate LLC

Listing date Feb 28, 2026

Source Exitrealty

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of IXL Real Estate LLC


Overview

Residential Income Property in Mobile

Located in an established residential area near downtown Mobile, the property at 1561 Illinois Street offers an opportunity for investors seeking rental income and long-term appreciation. The location provides convenient access to employment centers, transportation, shopping, dining, and the downtown waterfront. Positioned in an area experiencing growth and revitalization, the property is attractive to tenants and future buyers. The location supports rental demand and offers investors flexibility for long-term hold, renovation, repositioning, or portfolio expansion. This property offers fundamentals, location, and upside potential.
Location Intelligence

Current Use by Public Records

Multifamily properties

Suggested Use

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

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

Location Insight

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  • Local Demand
City
Mobile
County
Mobile
State
Alabama
Longitude
-88.072541
Latitude
30.6729444

FAQs

What type of property is this?
Multifamily property - Multifamily property with income potential in established residential area.
Where is this multifamily property located?
The property is located at 1561 Illinois Street Mobile, AL.
What is the asking price?
The asking price for this property is $183,200.
What are key features of this property?
This property features: Excellent opportunity for investors seeking immediate rental income and long‑term appreciation.; Convenient access to major employment centers, transportation routes, shopping, dining, and the thriving downtown waterfront.; Positioned in an area experiencing continued growth and revitalization.
More about this property
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