$325,000
123 W Illinois Street
Tucson, AZ 85714
MLS# 22615985
3168 sqft


Illinois St.
  1 / 46  
Illinois St. Illinois St 5 Doors 2 Parcels 2 bed/1 ba 2 bed/1 ba 2 bed/1 ba 2 bed/1 ba 2 bed/1 ba 2 bed/1 ba 2 bed/1 ba 2 bed/1 ba 2 bed/1 ba 2 bed/1 ba 2 bed/1 ba 2 bed/1 ba 2 bed/1 ba 2 bed/1 ba 2 bed/1 ba 2 bed/1 ba 2 bed/1 ba 2 bed/1 ba 2 bed/1 ba 2 bed/1 ba 2 bed/1 ba 2 bed/1 ba 1 1 1 1 1 1 1 1 1 1 2 & 3 2 & 3 2 & 3 Interior 2 Interior 2 Interior 2 Interior 2 Interior 2 Interior 2 Interior 2

Property Description
2 Parcels | 5 Total Residential Units: a 2 Bed, 1 Bath main home, a duplex with two 1 Bed, 1 Bath units, and two detached 1 Bed, 1 Bath casitas. Rare opportunity for investors to acquire a five unit income producing property with significant value-add potential! This unique property has a strong history of occupancy and offers multiple income producing residences. Two units are currently rented on month to month leases, providing immediate income while allowing flexibility for future management. Renovate, increase rents, or reposition the property to maximize its potential. Property is being sold AS IS.

Details
Maps
Address Information
Country: USA
Street #: 123
Direction: W
Street Name: Illinois
Suffix: Street
State/Province: AZ
Zip Code: 85714
County: Pima
Location, Tax & Legal
Comparable Only Listing: No
Tax Year: 2025
Taxes: 1013
Taxes For: Dwelling & Land
Legal Description: NATIONAL CITY NO 4 LOT 4 EXC S7.5' FOR ALLEY BLK 64 & NATIONAL CITY NO 4 LOT 5 EXC S7.5' FOR ALLEY BLK 64
Township: 14
Community: None
Range: 13
Section: 36
Municipality/Zoning: Tucson - R2
Fire Protection: Included in Taxes
FEMA Flood Zone: TBD
Municipal Flood Zone: TBD
Tax Code: 120081750
Area: South
Subdivision: National City NO. 4
Contract Information
Method of Title: Fee (Simple)
Distressed Info: None
Current Price: $325,000
List Price: $325,000
Listing Date: 2026-06-25
Status: Active
General Property Information
Dwelling Type: Quadruplex
Attached/Detached: Detached
Construction Status: Existing
Lot Dimensions: Irregular
Lot Acres: 0.35
Total Parking: 0
Lot Sqft: 15433
Lot Size Source: Assessor
Horse Property: No
School District: TUSD
Elementary School: Hollinger
Middle School: Maxwell K-8
High School: Pueblo
Horse Facilities: No
List Price/SqFt: 102.59
Lot Size Price/SqFt: 21.06
Combined SqFt: 3168
Year Built: 1954
Showing Information
Directions: From Ajo & 6th Ave. Go South on 6th Ave. to Illinois Street. Turn West on Illinois. Turn South onto 7th Ave. Turn West onto Illinois St.
Unit Info
# of Units/Studios: 4
# of Units/1 BR: 4
# of Units/2 BR: 1
Electric
Electric Company: TEP
Unit 1 Information
Monthly Rent: 500
# Beds: 1
# Full Baths: 1
Occupancy: Yes
Stories: Single
Floor: 1st
Furnished: No
Parking: On Property
Income
Vacancy Loss: 800
Other Income: 0
Adjusted Gross: 3750
Total Expenses: 2200
Gross Scheduled Rent: 4550
Net Opp Income: 1550
Gas
Natural: 1
Unit 2 Information
# Beds: 2
# Full Baths: 2
Occupancy: No
Stories: Single
Floor: 1st
Furnished: No
Parking: On Property
Analysis
Gross Rent Multi: 86.67
Vacancy Rate %: 17.58
Exp/SqFt: 0.69
Exp % of Gross: 58.67
Cap Rate %: 0.48
Construction
Concrete Block: 1
Unit 3 Information
# Beds: 1
# Full Baths: 1
Occupancy: Yes
Expenses
Admin Expenses: 0
Capital Expenses: 0
Contract Services: 0
Figures Presented: Proforma
Gas/Electric: 0
Insurance: 2000
Maintenance Supplies: 0
Management: 0
Resident Manager: 0
Taxes/Assessments: 0
Water/Sewer: 200
Other Expenses: 0
Style
Other: N/A
Sewer
Connected: 1
Unit 4 Information
# Beds: 2
# Full Baths: 1
Occupancy: No
Roof
Shingle: 1
Water
Public: 1
Living Areas
Living Room: 1
Dining Areas
Dining in LR/GR: 1
Fence
Chain Link: 1
Dining Room
Area: 1
View
None: 1
Breakfast
None: 1
Road Type
Paved: 1
Kitchen Features
Gas Range: 1
Road Maintenance
City: 1
Lot Features
Subdivided: 1
Main Cooling
Evaporative Cooling: 1
Laundry
None: 1
Neighborhood Features
None: 1
Main Heating
Wall Furnace: 1
Extra Room
None: 1
Water Heater
Natural Gas: 1
Association & Fees
HOA: No
Interior Features
Interior Steps: No
Bathroom Features
None: 1
Terms
Cash: 1
Floor Covering
Ceramic Tile: 1
Concrete: 1
Submit With Offer
Proof of Funds: 1
Window Covering
Stay: 1
Accessibility Option
None: 1
Technology
High Speed Internet: 1
Special Conditions
Fix Up: 1
No Insurance Claims History Report: 1
No SPDS: 1
Property Sold As-Is: 1
Security
None: 1
Landscape - Front
Natural Desert: 1
Landscape - Rear
None: 1
Patio/Deck
None: 1
Utilities Paid
Cable TV: Tenant
Electric: Tenant
Gas: Owner
Insurance: Owner
Sewer: Owner
Taxes: Owner
Trash: Owner
Water: Owner
Pool
None: 1
Property Disclosures
None: 1
Spa
None: 1
Driveway
Car(s) Pad: 1
RV Parking
Space Available: 1
Exterior Feature
None: 1
Subdivision Restrict
Age Restrictions: No
CC&Rs: No
Deed Restrictions: No
Home Protection
Offered: No
Remarks Misc
Geo Lat: 32.168425
Geo Lon: -110.970043
Property Features
Construction: Concrete Block
Roof: Shingle
Living Areas: Living Room
Dining Areas: Dining in LR/GR
Dining Room: Area
Breakfast: None
Kitchen Features: Gas Range
Bathroom Features: None
Laundry: None
Extra Room: None
Floor Covering: Ceramic Tile; Concrete
Window Covering: Stay
Technology: High Speed Internet
Main Cooling: Evaporative Cooling
Main Heating: Wall Furnace
Water Heater: Natural Gas
Gas: Natural
Sewer: Connected
Water: Public
Accessibility Option: None
Security: None
Pool: None
Spa: None
Fence: Chain Link
Landscape - Front: Natural Desert
Landscape - Rear: None
View: None
Road Type: Paved
Driveway: Car(s) Pad
RV Parking: Space Available
Exterior Feature: None
Lot Features: Subdivided
Neighborhood Features: None
Terms: Cash
Submit With Offer: Proof of Funds
Property Disclosures: None
Special Conditions: Fix Up; No Insurance Claims History Report; No SPDS; Property Sold As-Is

IDX
Listing Office: Tierra Antigua Realty

Last Updated: June - 26 - 2026

The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Southern Arizona. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than the listing brokerage here are identified with the MLSSAZ IDX Logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. Listing information Copyright 2020 MLS of Southern Arizona. All Rights Reserved.


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