Zoned R4 Development
For Sale
$499,999
Pending
6-31 E Illini St, Phoenix, AZ 85040
Land for sale with no HOA and utilities on-site, zoned R4 for multifamily or custom home development.
Property SizeContact for details
Days on Market112
Property Features for 6-31 E Illini St
General Information
Standard status
Pending
Property subtype
Land
Zoning
R4
Site & Location
Highway Access
Yes
Utilities to Site
Yes
Taxes and HOA fees
Annual Taxes
$1,432
Listing Agency:
eXp Realty
(928) 257-7248
Listed By:
Tanya Moreno
(928) 257-7248
Source:
Exprealty
Added: May 6
Changed: Aug 8
Last Checked: Jul 20 at 4:54PM
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 eXp Realty
Investment Insights
Based on property information with market context.
This offering is a land parcel for sale with no HOA and utilities already on the property. The site is zoned R4, providing flexibility for future development including multifamily units or a custom home, subject to all applicable approvals. Buyer is responsible for verifying zoning, utilities, and intended use with the City of Phoenix.
The property is located in Phoenix with convenient access to major freeways and nearby shopping, dining, entertainment, and employment centers. It is described as minutes from Chase Field, Footprint Center, Roosevelt Row, and the expanding downtown corridor.
All development plans and feasibility should be confirmed by the buyer, including any requirements tied to the R4 zoning designation and the existing on-site utilities.
The property is located in Phoenix with convenient access to major freeways and nearby shopping, dining, entertainment, and employment centers. It is described as minutes from Chase Field, Footprint Center, Roosevelt Row, and the expanding downtown corridor.
All development plans and feasibility should be confirmed by the buyer, including any requirements tied to the R4 zoning designation and the existing on-site utilities.
Key Highlights
- No HOA, with utilities already on the property
- Zoned R4 for multifamily and custom home development (buyer to verify intended use with City of Phoenix)
- Land in a growing Phoenix area with quick access to major freeways
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
521
Businesses Nearby
Explore this area
Business Placement
Demographics for 85040, AZ
33,993
Population
11,962
Households
2.8
Avg Household Size
30
Median Age
15%
College-Educated
69%
High-School Grad
10.1 sq mi
ZIP Area
3,366
Density / Sq Mi
$57,890
Median Household Income
$36,355
Median Earnings
$1,193
Median Rent
$294,800
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Land for sale with no HOA and utilities on-site, zoned R4 for multifamily or custom home development.
Where is this residential land & home lot located?
The property is located at 6-31 E Illini St Phoenix, AZ.
What is the asking price?
The asking price for this property is $499,999.
What are key features of this property?
This property features: No HOA, with utilities already on the property; Zoned R4 for multifamily and custom home development (buyer to verify intended use with City of Phoenix); Land in a growing Phoenix area with quick access to major freeways
