124 Illinois St Vallejo, CA 94590
Vallejo Heights NeighborhoodEstimated payment $4,020/month
Highlights
- Guest House
- Storage
- Central Heating
- Engineered Wood Flooring
- Landscaped
- 1-Story Property
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.
Home Details
Home Type
- Single Family
Year Built
- Built in 1906 | Remodeled
Lot Details
- 6,499 Sq Ft Lot
- Landscaped
Home Design
- Composition Roof
Interior Spaces
- 1-Story Property
- Raised Hearth
- Brick Fireplace
- Storage
- 220 Volts In Laundry
Kitchen
- Microwave
- Dishwasher
Flooring
- Engineered Wood
- Carpet
- Tile
Parking
- 2 Open Parking Spaces
- No Garage
Additional Homes
- Guest House
Utilities
- No Cooling
- Central Heating
- Wall Furnace
- Internet Available
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 | $7,983 | $530,414 | $109,363 | $421,051 |
| 2024 | $7,983 | $520,015 | $107,219 | $412,796 |
| 2023 | $7,499 | $509,819 | $105,117 | $404,702 |
| 2022 | $7,347 | $499,823 | $103,056 | $396,767 |
| 2021 | $7,143 | $490,024 | $101,036 | $388,988 |
| 2020 | $6,139 | $392,700 | $86,700 | $306,000 |
| 2019 | $5,258 | $327,726 | $57,222 | $270,504 |
| 2018 | $6,299 | $321,300 | $56,100 | $265,200 |
| 2017 | $4,649 | $315,000 | $55,000 | $260,000 |
| 2016 | $3,516 | $305,000 | $50,000 | $255,000 |
| 2015 | $521 | $41,507 | $9,399 | $32,108 |
| 2014 | -- | $40,695 | $9,215 | $31,480 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/23/2026 03/23/26 | Price Changed | $620,000 | -8.6% | $386 / Sq Ft |
| 02/07/2026 02/07/26 | Price Changed | $678,000 | -1.5% | $422 / Sq Ft |
| 02/07/2026 02/07/26 | Price Changed | $688,000 | +32.6% | $428 / Sq Ft |
| 01/04/2026 01/04/26 | For Sale | $519,000 | 0.0% | $323 / Sq Ft |
| 12/31/2025 12/31/25 | Off Market | $519,000 | -- | -- |
| 11/18/2025 11/18/25 | Price Changed | $519,000 | -9.7% | $323 / Sq Ft |
| 08/26/2025 08/26/25 | For Sale | $575,000 | -- | $358 / Sq Ft |
Source: Bay Area Real Estate Information Services (BAREIS)
MLS Number: 325074539
APN: 0056-014-080
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Listing information deemed reliable but not guaranteed. Copyright 2026 Bay Area Real Estate Information Services, Inc. All Right Reserved.
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