Development Opportunity with sweeping views over Spokane. 4 total parcels that can potentially be aggregated together for one large project. Zoned for Multi Family, up to 55’ tall (up to 65’ with below grade height potential), unlimited density. No onsite parking requirements and on a bus route. Walking path adjacent. Centrally located with quick access to all areas of Spokane and nestled on the hill above SCC and Gonzaga University. This multi family development could provide the opportunity to build out 100+ units. Listing includes 1520, 1524, 1530 & 1540 E Illinois Ave.
Active
$1,650,000
1540 E Illinois Ave, Spokane, WA 99207
--beds
--baths
0.83Acres
Unimproved Land
Built in ----
0.83 Acres Lot
$389,100 Zestimate®
$--/sqft
$-- HOA
What's special
Sweeping views over spokaneWalking path adjacent
- 212 days |
- 32 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Steve Jones 509-951-9155,
Windermere Valley
Source: SMLS as distributed by MLS GRID,MLS#: 202610148
Facts & features
Interior
Features
- Has fireplace: No
Property
Features
- Has view: Yes
- View description: City, Territorial
Lot
- Size: 0.83 Acres
- Features: Views, Hillside
Details
- Additional parcels included: 35093.0415 35093.0414 35093.0406
- Parcel number: 35093.0413
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Sewer Connected, Electricity Connected
Community & HOA
Location
- Region: Spokane
Financial & listing details
- Tax assessed value: $401,000
- Annual tax amount: $4,097
- Date on market: 1/2/2026
- Listing terms: Conventional,Cash,Commercial
- Road surface type: Paved
Estimated market value
$389,100
$350,000 - $424,000
$1,900/mo
Price history
| Date | Event | Price |
|---|---|---|
| 1/2/2026 | Listed for sale | $1,650,000 |
Source:  SMLS as distributed by MLS GRID #202610148 Report a problem | ||
| 1/2/2026 | Listing removed | $1,650,000 |
Source: SMLS as distributed by MLS GRID #202516051 Report a problem | ||
| 5/1/2025 | Listed for sale | $1,650,000+450% |
Source: SMLS as distributed by MLS GRID #202516051 Report a problem | ||
| 6/14/2019 | Sold | $300,000+294.7% |
Source: Public Record Report a problem | ||
| 11/16/2005 | Sold | $76,001-10.3% |
Source: SMLS as distributed by MLS GRID #25023900 Report a problem | ||
| 8/26/2004 | Sold | $84,743+4.8% |
Source: Public Record Report a problem | ||
| 5/5/1999 | Sold | $80,900 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,097 +6.2% | $401,000 +3.1% |
| 2024 | $3,859 -3.2% | $388,900 -5.5% |
| 2023 | $3,989 -4.2% | $411,700 -3.3% |
| 2022 | $4,162 +15.9% | $425,600 +28.4% |
| 2021 | $3,589 +120.6% | $331,500 +152.5% |
| 2020 | $1,627 +6.8% | $131,300 +3.2% |
| 2019 | $1,524 | $127,170 +6.8% |
| 2018 | $1,524 -8.2% | $119,070 |
| 2017 | $1,660 +1.8% | $119,070 +6.1% |
| 2016 | $1,630 +1.5% | $112,270 |
| 2015 | $1,605 | $112,270 -3.4% |
| 2014 | $1,605 | $116,200 |
| 2013 | $1,605 +8.6% | -- |
| 2011 | $1,478 +16.8% | -- |
| 2010 | $1,265 | -- |
| 2009 | $1,265 +42.3% | -- |
| 2008 | $889 | -- |
| 2007 | $889 -84.7% | $79,650 |
| 2005 | $5,792 +418% | -- |
| 2004 | $1,118 +44.7% | -- |
| 2003 | $773 | -- |
| 2002 | $773 +0.5% | -- |
| 2001 | $769 -4.9% | $52,100 |
| 1999 | $808 | $52,100 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: Logan
Nearby schools
GreatSchools rating
- 1/10Logan Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 3/10Denny Yasuhara Middle SchoolGrades: 6-8Distance: 0.3 mi
- 6/10North Central High SchoolGrades: 6-12Distance: 1.6 mi
Schools provided by the listing agent
- Elementary: Logan
- Middle: Yasuhara
- High: North Central
- District: Spokane Dist 81
Source: SMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
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