# 1300 Illinois Street, Mobile, AL 36604

> **TL;DR:** residential multi family, $600,000.
> Hardwood, A/C. Est. $2,600/mo. Listed 35 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $600,000 |
| Lot Size | 7,331 sqft (0.17 acres) |
| Stories | 2 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 35 |

## Why This Home Stands Out

- **Hardwood Floors** - Throughout the home

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $2,600 |
| **Total** | **$2,600** |

## Nearby Schools

- **Elementary:** Leinkauf
- **Middle:** Calloway Smith
- **High:** Lillie B Williamson

## Key Amenities

- Hardwood
- A/C

## Property Highlights

- 0.17 acre lot
- 2 stories
- 8 parking spaces

## Description

### Agent Description
Renovated six-unit, high-income producing apartment building offering a strong and diversified income stream. The property consists of four fully furnished short-term rental units and two long-term rentals, creating an attractive blend of stable tenancy and higher-yield short-term rental income. The short-term units are professionally furnished with updated furniture, bedding, and supplies and are currently operating at near full occupancy, while the two long-term units are leased to reliable tenants providing consistent baseline income. The property also features a coin-operated laundry facility that provides additional income. The building is professionally managed and has been a strong performer, generating average gross rents of over $7,000 per month. Significant capital improvements were completed in 2024, including new roofs, updated electrical systems, and updated plumbing. Nearly all units also received new flooring or refinished hardwood floors, along with new appliances, new PTAC-style HVAC units, and updated water heaters. With most major systems and interior improvements already addressed, the property has been stabilized and positioned for continued strong performance with minimal deferred maintenance. The surrounding area continues to see substantial growth and investment. With the relocation of the Mobile International Airport, the area is experiencing increased development, job creation, and infrastructure improvements, which are expected to further drive housing demand and long-term property values. This is a rare opportunity to acquire a stabilized, income-producing multifamily asset with strong current cash flow and additional upside potential in a rapidly improving area. All measurements are approximate and not guaranteed, buyer to verify.

## Location

- **Address:** 1300 Illinois Street, Mobile, AL 36604
- **County:** Mobile - AL
- **Neighborhood:** Glendale Park
- **Coordinates:** 30.672694, -88.067877
- **Google Maps:** https://www.google.com/maps?q=30.672694,-88.067877

## Listing Agent

- **Name:** Rameh Dickens Khazen
- **Brokerage:** Bellator Real Estate LLC Mobile
- **Phone:** 2517864673
- **Email:** rkhazen@gobellator.com

## Primary Photo

![1300 Illinois Street - Primary Photo](http://lh.rdcpix.com/85ded61a1de1a982c2840a5fed3adb78l-f1515964264r.jpg)

*21 total photos available on [listing page](https://www.propertysimple.com/listing/1300-illinois-street-mobile-al-36604-7730097)*

---

**MLS#:** 7730097 | **Updated:** 2026-04-24
**Source:** listhub

*Copyright © 2026 Mobile Area Association of REALTORS®. 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.com/listing/1300-illinois-street-mobile-al-36604-7730097)

---

## Structured Data

```json
{
  "@context": "https://schema.org",
  "@type": "RealEstateListing",
  "name": "1300 Illinois Street, Mobile, AL 36604",
  "description": "Renovated six-unit, high-income producing apartment building offering a strong and diversified income stream. The property consists of four fully furnished short-term rental units and two long-term rentals, creating an attractive blend of stable tenancy and higher-yield short-term rental income. The short-term units are professionally furnished with updated furniture, bedding, and supplies and are currently operating at near full occupancy, while the two long-term units are leased to reliable te",
  "url": "https://www.propertysimple.com/listing/1300-illinois-street-mobile-al-36604-7730097",
  "image": "http://lh.rdcpix.com/85ded61a1de1a982c2840a5fed3adb78l-f1515964264r.jpg",
  "datePosted": "2026-04-24",
  "price": 600000,
  "priceCurrency": "USD",
  "address": {
    "@type": "PostalAddress",
    "streetAddress": "1300 Illinois Street",
    "addressLocality": "Mobile",
    "addressRegion": "AL",
    "postalCode": "36604",
    "addressCountry": "US"
  },
  "geo": {
    "@type": "GeoCoordinates",
    "latitude": 30.672694,
    "longitude": -88.067877
  },
  "yearBuilt": null
}
```