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Listing provided courtesy of Indie Realty, LLC- MLS# 22606644MLS Provider

231 W Illinois StreetTucson, AZ 85714

Multi-Family · 1,293 Sq. ft. | 0.17 Acres
$275,000 Active

231 W Illinois Street Overview

Time on Site:
109 days
Visits:
12

Property ranged priced from $275,000- $285,000. Income producing duplex generating $2,200/month ($26,400/annually) in gross rental income. 6.98% CAP rate & 10.4 GRM. Both units currently occupied! Featuring two units: 1 bedroom, 1 bath ($1,000/month) and a 2 bedroom, 1 bath ($1,200/month). Property includes washer and dryer hookups. Area known for strong rental market and increasing rent prices! CALL SHAY TODAY TO SCHEDULE A PRIVATE SHOWING! 520-500-7986

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231 W Illinois Street Facts & Features

  • Type Multi-Family
  • Sq. ft. 1,293
  • Price/Sq.ft. $213
  • Lot 0.17 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • School District: TUSD
  • Elementary School: Hollinger
  • Middle Or Junior School: Utterback-Magnet
  • High School: Pueblo

Income/Expenses

  • Gross Income: 25080.0
  • Gross Scheduled Income: 26400.0
  • Insurance Expense: 2136.0
  • Net Operating Income: 22181.15
  • New Taxes Expense: 762.85
  • Operating Expense: 2898.85

Building Information

  • Year Built: 1946

Location/Region

  • Country: US
  • County Or Parish: Pima
  • MLS Area Major: South
  • MLS Area Minor: South
  • Subdivision Name: National City NO. 4
  • Township: 14

Tax Information

  • Tax Year: 2025

General Information

  • Listing Terms: Conventional,Cash
  • Ownership: Investor
  • Parcel Number: 120-08-1980
  • Property Sub Type: Duplex
  • Property Type: Multi-Family
  • Special Listing Conditions: None
  • Zoning: Tucson - R2

Interior

Beds/Baths

  • Bathrooms Total: 0

Building Interior

  • Building Area Total: 1293.0

General Information

  • Accessibility Features: None
  • Appliances: Disposal,Gas Range
  • Flooring: Ceramic Tile
  • Laundry Features: Other
  • Living Area: 1293.0
  • Security Features: None
  • Spa Features: None

Exterior

Parking Information

  • Parking Total: 2.0

Lot Information

  • Lot Features: North/South Exposure,Decorative Gravel
  • Lot Size Acres: 0.17
  • Lot Size Area: 0.17
  • Lot Size Dimensions: 126x60
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 36.0
  • Lot Size Units: Acres
  • Road Responsibility: City
  • Road Surface Type: Paved
  • Water Source: Public

Waterfront/View

  • View: None

Building Exterior/Construction

  • Architectural Style: Bungalow
  • Construction Materials: Masonry Stucco
  • Patio And Porch Features: None
  • Roof: Shingle

General Information

  • Exterior Features: None
  • Fencing: Chain Link
  • Horse: No
  • Number Of Units Total: 2
  • Pool Features: None
  • Utilities: Sewer Connected

231 W Illinois Street Neighborhood

Community

85714 (Tucson) Demographics

34
Median Age
2,195
Population Density (per sq. mile)
12%
College Educated
$35,260
Estimated Median Income
2,639
Estimated Total Home Owners
2,493
Estimated Total Renters
51% / 49%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

231 W Illinois Street Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

231 W Illinois Street Market Data

Based on the last 30 days in this zip code

$264,984
Average List Price
$198
Average Price per Square Foot
6
Properties Sold
91
Average Days on Market
26
Properties for Sale
Calculations provided by Reliance Network

231 W Illinois Street History

Date Event Value Agent
3/12/2026Source: MLSSAZ - Tucson Added to Database
March 12, 2026
2/2/2026Source: MLSSAZ - Tucson Added to Database
June 17, 2022
2/2/2026Source: MLSSAZ - Tucson Added to Database
June 17, 2022