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124 Illinois Street, Vallejo, CA, 94590

3beds
2baths
1,608sqft
$619,000
$385price/sqft
$4,549/moest. monthly cost
$181,960/yrincome needed

About This Home

Reduced! Two Residences on One Lot. This versatile property offers exceptional income potential and flexible living arrangements with two fully independent units on a single parcel. An ideal opportunity for investors, multi-generational households, or owner-occupants seeking supplemental rental income. Located just 5 minutes from the Ferry with direct freeway access to Napa, Marin, Contra Costa, and San Francisco, the property combines convenience with strong demand drivers. Nearby attractions include vibrant downtown farmers markets, the cultural resurgence of Mare Island, and easy proximity to both Wine Country and the City. Front Home: Recently renovated with modern finishes, offering 3 bedrooms and 2 full bathrooms, well-suited for primary residence or high rental demand. Rear Cottage: A self-contained 1-bedroom, 1-bath unit with kitchenette and living area, ideal for extended family, guests, or use as a secondary income stream. With its combination of updated living space, prime commuter location, and dual-unit flexibility, this property presents a rare opportunity to maximize value through rental income, shared living, or future appreciation.

Getting Around

85
WalkingVery Walkable
34
TransitSome Transit
61
BikeBikeable

Schools

3/10
Vallejo High SchoolGrades 9-120.7 mi

Construction

Condition

  • Year built: 1906

Materials

  • Roof: Composition
  • Construction materials: Wood

Type & Style

  • Home type: MultiFamily
  • Architectural style: Ranch
  • Property subType: 2 Houses on Lot

Interior

Appliances

  • Appliances included: Dishwasher,Free-Standing Gas Range,Range Hood,Microwave,Self Cleaning Oven
  • Laundry features: Inside Area

Bathroom

  • Features: Low-Flow Toilet(s),Marble,Shower Stall(s),Tile,Tub w/Shower Over
  • Level: Main

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Dining Room

  • Features: Formal Area

Family Room

  • Level: Main

Features

  • Storage
  • Flooring: Carpet,Simulated Wood,Tile
  • Number of fireplaces: 1
  • Fireplace features: Brick,Raised Hearth
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Central,Wall Furnace
  • Cooling features: None

Interior Area

  • Total structure area: 1,608
  • Total interior livable area: 1,608 sqft

Kitchen

  • Features: Kitchen Island,Marble Counter,Pantry Closet,Quartz Counter
  • Level: Main

Living Room

  • Level: Main

Master Bathroom

  • Features: Tub w/Shower Over

Master Bedroom

  • Level: Main

Property

Details

  • Parcel number: 0056014080
  • Special condition: In Foreclosure,Notice Of Default,Offer As Is

Features

  • Levels: One
  • Stories: 1

Lot

  • Lot size: 6,499 sqft
  • Features: Landscape Front,Landscape Misc

Parking

  • Total spaces: 2
  • Parking features: No Garage
  • Has uncovered spaces: Yes
  • Uncovered 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

How This Home’s Risks Compare

Earthquake

FEMA Declared Disasters in Solano County and California

Earthquake
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
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 $3,130$37,560
Home Insurance *$192$2,304
Property Taxes $829$9,948
Electricity $398$4,786
Total$4,549$54,588
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$155,965/yr
40% on housing$136,470/yr
45% on housing$121,306/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: 8.1%
8.1%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 1.7%
1.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$385This listing

vs Other Active Listings

Avg $/sqft

ZIP 94590$257
Solano County$282

vs Homes Sold Last Month

Median $/sqft

ZIP 94590$356
Solano County$346

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
2025-11-18Price change$519,000
2025-10-19Listed for sale$575,000
2025-09-05Contingent$575,000
2025-08-26Listed for sale$575,000
2020-03-06Sold$485,000
2020-02-09Pending sale$449,000
2020-02-09Listed for sale$449,000
2020-02-09Pending sale$449,000
2020-01-30Listed for sale$449,000
2019-02-25Sold$315,400
2018-11-08Pending sale$400,000
2018-07-29Price change$400,000
2018-07-28Price change$385,000
2018-06-22Price change$400,000
2018-05-30Listed for sale$425,000
2016-11-14Sold$900,000
2015-10-19Sold$305,000
2015-07-18Listed for sale$299,900
2015-04-21Sold$190,000
2015-03-19Pending sale$180,000
2015-02-14Listed for sale$180,000

Unknown Listed By

AgentRick Trono
BrokerageCompass

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