1561 Illinois Street Mobile, AL 36604

Building Details

Year Built

1989

Listing Agency IXL Real Estate LLC c***@yahoo.com Show Phone

Listed by Cabretta Howell Show Phone

Source Exitrealty

Added: Feb 28 Checked: Jul 16 at 3:01 am

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Investment Insights

Based on property information with market context.

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.

Key Highlights

• 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.

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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.