1540 E Illinois Ave Spokane, WA 99207
Logan NeighborhoodEstimated payment $9,002/month
Highlights
- City View
- Lewis & Clark High School Rated A
- 0.83 Acre Lot
About This Lot
Development Opportunity with sweeping views over Spokane. 4 total parcels that can potentially be aggregated together for one large project. Zoned for Multi Family, up to 55’ tall (up to 65’ with below grade height potential), unlimited density. No onsite parking requirements and on a bus route. Walking path adjacent. Centrally located with quick access to all areas of Spokane and nestled on the hill above SCC and Gonzaga University. This multi family development could provide the opportunity to build out 100+ units. Listing includes 1520, 1524, 1530 & 1540 E Illinois Ave.
Property Details
Property Type
- Land
Lot Details
- 0.83 Acre Lot
- Hillside Location
- 35093.0415 35093.0414 35093.0406
Property Views
- City
- Territorial
Schools
- Yasuhara Middle School
- North Central High School
Listing and Financial Details
- Assessor Parcel Number 35093.0413
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,859 | $401,000 | $80,000 | $321,000 |
| 2024 | $3,859 | $388,900 | $65,000 | $323,900 |
| 2023 | $4,162 | $411,700 | $65,000 | $346,700 |
| 2022 | $3,877 | $425,600 | $65,000 | $360,600 |
| 2021 | $3,589 | $301,800 | $33,000 | $268,800 |
| 2020 | $1,627 | $131,300 | $33,000 | $98,300 |
| 2019 | $1,524 | $127,170 | $29,370 | $97,800 |
| 2018 | $1,660 | $119,070 | $29,370 | $89,700 |
| 2017 | $1,630 | $119,070 | $29,370 | $89,700 |
| 2016 | $1,571 | $112,270 | $29,370 | $82,900 |
| 2015 | $1,605 | $112,270 | $29,370 | $82,900 |
| 2014 | -- | $116,200 | $33,000 | $83,200 |
| 2013 | -- | $0 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/01/2025 05/01/25 | For Sale | $1,650,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $300,000 | Vista Title & Escrow Llc | |
| Interfamily Deed Transfer | -- | None Available | |
| Warranty Deed | -- | First American Title Ins | |
| Warranty Deed | -- | First American Title Ins | |
| Trustee Deed | $84,743 | First American Title Ins | |
| Warranty Deed | $80,900 | Pioneer Title Company | |
| Interfamily Deed Transfer | -- | Pioneer Title Company | |
| Gift Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $300,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $60,800 | Fannie Mae Freddie Mac | |
| Previous Owner | $78,450 | FHA | |
| Previous Owner | $10,000 | No Value Available |
Source: Spokane Association of REALTORS®
MLS Number: 202516051
APN: 35093.0413
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