Active

Price cut: $22.2K (6/22)

$161,000

1561 Illinois St, Mobile, AL 36604

--beds

0baths

--sqft

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Quadruplex, Multi Family

Built in ----

-- sqft lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

Located in a well-established residential corridor just minutes from downtown Mobile, 1561 Illinois Street presents an excellent opportunity for investors seeking both immediate rental income and long-term appreciation. This property benefits from convenient access to major employment centers, transportation routes, shopping, dining, and the thriving downtown waterfront. The home is positioned in an area experiencing continued growth and revitalization, making it attractive to both tenants and future buyers. Its strategic location supports consistent rental demand and offers investors flexibility for long-term hold, renovation and repositioning, or portfolio expansion. Whether you're a seasoned investor or expanding your real estate holdings, this property offers strong fundamentals, desirable location, and excellent upside potential.

129 days

398

20

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Facts & features

Interior

Bedrooms & bathrooms

Bathrooms: 0

Heating

Central

Cooling

Ceiling Fan(s), Central Air

Features

Flooring: Hardwood
Windows: None

Property

Parking

Total spaces: 4
Parking features: None

Accessibility

Accessibility features: None

Features

Levels: Multi/Split
Fencing: None
Has view: Yes
View description: Other
Waterfront features: None

Lot

Size: 0.6 Acres
Features: Other

Details

Parcel number: 2910281003035

Construction

Type & style

Home type: MultiFamily
Property subtype: Quadruplex, Multi Family

Materials

Shingle Siding

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Available, Natural Gas Available

Green energy

Energy efficient items: None

Community & HOA

Community

Features: None
Subdivision: Glendale Park

Location

Region: Mobile

Financial & listing details

Tax assessed value: $207,300
Annual tax amount: $1,801
Date on market: 2/27/2026
Electric utility on property: Yes

Estimated market value

Not available

Estimated sales range

Not available

$1,189/mo

Price history

Date	Event	Price
6/22/2026	Price change	$161,000-12.1%
Source: GCMLS #7722207 Report a problem
2/27/2026	Listed for sale	$183,200
Source: GCMLS #7722207 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,927 +7%	$30,340 +7%
2024	$1,801 +10.3%	$28,360 +10.3%
2023	$1,633	$25,720
2022	$1,633 +6.8%	$25,720 +6.8%
2021	$1,529	$24,080
2020	$1,529 +43.8%	$24,080 +43.8%
2019	$1,063 -0.9%	$16,740
2018	$1,073 +0.9%	$16,740
2017	$1,063	$16,740 -3.3%
2016	$1,063 +5.4%	$17,320 +13.5%
2013	$1,008	$15,260

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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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