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581 Illinois Ave, San Jose, CA, 95125

5beds
2baths
1,588sqft
$1,185,888
$747price/sqft
$8,147/moest. monthly cost
$325,880/yrincome needed

About This Home

Willow Gen fixers. two houses on Huge lot. Per city, can build up to 4. Calling all contractors, investors, or home owners who want to save Big and earn sweat equity!! Front House 2/1, back house 3/1. Two large size garages can be converted to ADU too. 5 mins to D/T San Jose, great convenient location, good school district. Fully occupied , you can keep them to collect rent while you figure out plans to expand, or they are willing to leave too. Check with city as to how much more you can build!! Transparent pricing.

Getting Around

81
WalkingVery Walkable
62
TransitGood Transit
94
BikeBiker's Paradise

Schools

2/10
4/10
7/10

Construction

Condition

  • Property condition: Fixer
  • Year built: 1900

Materials

  • Foundation: Wood Frame
  • Roof: Shingle

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence,Residential

Interior

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 2
  • Full bathrooms: 2

Dining Room

  • Features: EatinKitchen

Family Room

  • Features: NoFamilyRoom

Features

  • Flooring: Unfinished

Heating & Cooling

  • Heating features: Wall Furnace
  • Cooling features: None

Interior Area

  • Total structure area: 1,588
  • Total interior livable area: 1,588 sqft

Property

Details

  • Parcel number: 26418014
  • Zoning: R3
  • Special condition: Standard

Features

  • Stories: 1

Lot

  • Lot size: 9,324 sqft

Parking

  • Total spaces: 2
  • Parking features: Attached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

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

  • Earthquake
    EarthquakeRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Earthquake
Inland Flooding
Heat Wave

FEMA Declared Disasters in Santa Clara County and California

Earthquake
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tropical Storm
Winter Storm

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

MonthlyAnnual
Mortgage $5,996$71,952
Home Insurance *$106$1,272
Property Taxes $1,647$19,764
Electricity $398$4,786
Total$8,147$97,764
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$279,325/yr
40% on housing$244,410/yr
45% on housing$217,253/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

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.

Insurance Growth Rate5-year average: 7.1%
7.1%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 1.0%
1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$747This listing

vs Other Active Listings

Avg $/sqft

ZIP 95125$807
Santa Clara County$789

vs Homes Sold Last Month

Median $/sqft

ZIP 95125$1,133
Santa Clara County$1,052

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)

Price History

DateEventPrice
2026-04-15Price change$1,188,888
2026-04-01Listed for sale$899,000
2023-05-31Listing removed--
2023-05-24Listed for sale$999,950
2022-08-17Listing removed--
2022-08-05Listed for sale$999,888
2018-10-04Listing removed$2,750
2018-09-17Listed for rent$2,750
2000-01-19Sold$330,000

For Sale by Agent

AgentSylvia L Leung
BrokerageGreen Earth Investments

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