# 31 E ILLINI Street #6, Phoenix, AZ 85040

> **TL;DR:** land, $499,999. Est. $2,674/mo. Listed 179 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $499,999 |
| Lot Size | 36,590 sqft (0.84 acres) |
| Property Type | Land (Other) |
| Status | Pending |
| Days on Market | 179 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $2,528 |
| Estimated Insurance | $146 |
| **Total** | **$2,674** |

## Property Highlights

- 0.84 acre lot

## Description

### Agent 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.

## Location

- **Address:** 31 E ILLINI Street #6, Phoenix, AZ 85040
- **County:** Maricopa
- **Coordinates:** 33.411501, -112.071753
- **Google Maps:** https://www.google.com/maps?q=33.411501,-112.071753

## Listing Agent

- **Name:** Tanya Moreno
- **Brokerage:** eXp Realty
- **Broker Phone:** (888) 897-7821
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/31-E-Illini-St_Phoenix_AZ_85040_M18347-69194?f=listhub&s=ARMLSAZ&m=7024310&c=propsimple)

## Photos

![31 E ILLINI Street #6 - Photo 1](http://lh.rdcpix.com/31a8178c0d804a380f628c140397508al-f1785505953r.jpg)

![31 E ILLINI Street #6 - Photo 2](http://lh.rdcpix.com/31a8178c0d804a380f628c140397508al-f2840480202r.jpg)

![31 E ILLINI Street #6 - Photo 3](http://lh.rdcpix.com/31a8178c0d804a380f628c140397508al-f1879019543r.jpg)

![31 E ILLINI Street #6 - Photo 4](http://lh.rdcpix.com/31a8178c0d804a380f628c140397508al-f132228628r.jpg)

---

**MLS#:** 7024310 | **Updated:** 2026-10-20
**Source:** listhub

*Copyright © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/31-e-illini-street-phoenix-az-85040-45381ae0d0e943ebad6a94c17d8732ab)

---

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