1561 Illinois St, Mobile, AL, 36604
About This Home
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.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Materials
- Construction materials: Shingle Siding
Type & Style
- Home type: MultiFamily
- Property subType: Quadruplex,Multi Family
Interior
Features
- Window features: None
- Flooring: Hardwood
Heating & Cooling
- Heating features: Central
- Cooling features: Ceiling Fan(s),Central Air
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: 2910281003035
Features
- Levels: Multi/Split
- Fencing: None
- Has view: Yes
- View description: Other
- Waterfront features: None
Lot
- Lot size: 0.60 Acres
- Features: Other
Parking
- Total spaces: 4
- Parking features: None
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hurricane
- Lightning
- Tsunami
How This Home’s Risks Compare
FEMA Declared Disasters Across Alabama Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $814 | $9,768 |
| Home Insurance * | $223 | $2,676 |
| Property Taxes | $57 | $684 |
| Electricity | $240 | $2,881 |
| Total | $1,334 | $16,008 |
Income You'd Need if You Spent...
Alabama FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-02-27 | Listed for sale | $183,200 |
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