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$422,500
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Property Description
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.
Full Property Details
Full Property Details for 31 E Illini St #6
General
- Sold For: $422,500
- Taxes: $1,432 (2025)
- Status: Closed
- Type: Lots/Land
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 7024310
- Added to Site: 55 day(s) ago
Location
- County: Maricopa
- Cross Streets: S Central Ave & E Illini
Utilities
- Dist. to Gas: None
- Dist. to Electric: On Property
- Dist. to Sewer: On Property
- Water: Other
- Dist. to Water: On Property
- Dist. to Telecomm: None
Lot Features
- Lot Size (Acres): 0.84
- Lot Size (Sq. Ft.): 36,900
- Lot Dimensions: UNK
- Frontage: Asphalt
- Lot Features: North/South Exp
- Trees/Vegetation: Natural Vegetation
- Zoning: R-4
Financial Considerations
- Tax Amount: $1,432
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Property ID: 113-11-026
- Lot Number: 6
Listed by eXp Realty
Sold by Non-MLS Office
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Schools
Schools serving 31 E Illini St #6
School Districts:Roosevelt Elementary District, Phoenix Union High School District
| Name | Grades | Distance |
|---|---|---|
Cesar E Chavez Community School 4001 South 3rd Street, Phoenix, AZ 85040 | PK-8 | 0.2 mi |
South Mountain High School 5401 S 7th St, Phoenix, AZ 85040 | 9-12 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 31 E Illini St #6
Date
Details
Price
Change
Source
6/15/2026
Sold
$422,500
-15.5%
MLS
5/06/2026
Listed
$499,999
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
31 E Illini Street #6, Phoenix, AZ 85040 (MLS# 7024310) is a Lots/Land property that was sold at $422,500 on June 15, 2026. Want to learn more about 31 E Illini Street #6? Do you have questions about finding other Lots/Land real estate for sale in Phoenix? You can browse all Phoenix real estate or contact a Coldwell Banker agent to request more information.

