31 E ILLINI Street # 6 Phoenix, AZ $ 499,999
31 E ILLINI Street # 6
$ 499,999
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31 E ILLINI Street # 6

Phoenix, AZ, 85040
$ 499,999
Baths0.0

Monthly Estimate*

$ 3,079

31 E ILLINI Street # 6, Phoenix, AZ 85040 - Image 1
31 E ILLINI Street # 6, Phoenix, AZ 85040 - Image 2
31 E ILLINI Street # 6, Phoenix, AZ 85040 - Image 3
31 E ILLINI Street # 6, Phoenix, AZ 85040 - Image 4
Studio

Lots and Land for sale in Phoenix, AZ

for $499,999. The lot size is 0.84.

NO HOA! Utilities on site! GREAT DEAL FOR INVESTORS LOOKING TO BUILD APARTMENTS, MULTIFAMILY UNITS, OR EVEN A CUSTOM HOME! Incredible opportunity with R4 zoning and great development potential in a growing Phoenix location. Utilities are already on the property, adding convenience and value for future construction. Conveniently located near Downtown Phoenix with quick access to major freeways, shopping, dining, entertainment, and employment centers. Minutes from Chase Field, Footprint Center, Roosevelt Row, and the rapidly expanding downtown corridor. Whether you are looking for your next investment project or a prime lot to build on, this property offers flexibility and upside in an area seeing continued growth and redevelopment. Buyer to verify all facts, zoning, utilities, and intended use with the City of Phoenix.

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Lots and Land Active

Price

$ 499,999

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 1,432

Style

Land

Lot Size

0.84

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

7024310

Features
General
Sewer Public Sewer
Zoning R-4
Electric SRP
Topography Level
Unit Number 6
Tax Year 2025
County Maricopa
Property Type Land
HOA N
Possible Use Multi-Family
Special Listing Conditions N/A
Status Active
Directions Going South on S Central Ave turn Left onto E Illini St
City Phoenix
Disclosures Seller Prop Disc Stm
High School District Phoenix Union High School District
Lot Size Units Acres
Lot Size Square Feet 36900.0
Carport Y/N N
Tax Annual Amount 1432.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Tenant
Elementary School District Roosevelt Elementary District
TaxOtherAnnualAssessmentAmount 0.0
Tax Lot 6
New Financing: Conventional True
Senior Community N
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Exterior
Vegetation Natural Vegetation
Lot Features North/South Exp
Water Source Other
Lot Size Area 0.84
Spa N
Lot Dimensions UNK
Lot Size Acres 0.84
Road Surface Type Asphalt
Waterfront Y/N N
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Baths 0
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Internal Only
Street Number 1 31
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* Excluded Features
List By
Exp Realty

Broker

tanya@azhappyhomes.com

Email

Affordability Calculator

$3,198
Per Month
96%
4%
0%
Monthly Principal & Interest
$3,079
Monthly Property Taxes
$119
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4327165 Elementary School
4327058 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/6/2026$499,999 Listed Price

Map


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31 E ILLINI Street # 6, Phoenix, AZ, 85040 is a Lots and Land for sale at $499,999 with a lot size of 0.84. 31 E ILLINI Street # 6 is a studio with 0.0 baths. The property's zip code is 85040 which is in Phoenix, AZ