581 Illinois Avenue

San Jose, CA 95125

$999,888
Price
Beds
1,588 Sq. Ft.
$630 / Sq. Ft.
1,588
Sq. Ft.
$630
per Sq. Ft.

Description

Great opportunity for this charming Willow Glen Duplex with long term tenants. This duplex consists of 3bed/1bath and 2bed/1bath with 2 car attached garages. Walking distance to park, nearby shopping and dining. Easy access to 87 and 280.Great opportunity for this charming Willow Glen Duplex with long term tenants. This duplex consists of 3bed/1bath and 2bed/1bath with 2 car attached garages. Walking distance to park, nearby shopping and dining. Easy access to 87 and 280.

Property Details for 581 Illinois Avenue

MLS City Name
SAN JOSE
Building Type
DUPLEX
Garage Spaces
2
Parking Spaces
0

Location

Listing Courtesy of Compass, David K. Martz, DRE #01227292
Add your commute
LISTING UPDATED: 08/09/2022 10:40 AM

Property Details for 581 Illinois Avenue

StatusActive
MLS #ML81902910
Days on Compass5
Taxes$2,000 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / DUPLEX
Year Built1900
Lot Size0.21 AC / 9,256 SF
CountySanta Clara County

Location

Listing Courtesy of Compass, David K. Martz, DRE #01227292
Add your commute

Listing Agent

  1. David K. Martz

    David K. Martz

    Listing Agent

    Compass

    DRE #01227292

Building Information for 581 Illinois Avenue

Stories1Residences2Year Built1900Building Size-Lot Size0.21 AC / 9,256 SF

Payment Calculator

$3,917 per month

30 year fixed, 3.85% Interest

Principal and Interest

$3,750

Property Taxes

$167

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 581 Illinois Avenue

Features
    Features
  • Living SqFt: 1588
  • Pool: No
  • Security Features: None
  • Special Features: None
    Utilities
  • Cooling: None
  • Heating: Wall Furnace
  • Meters: Separate Electric, Separate Gas, Separate Water
  • Sewer Septic: Sewer - Public
  • Utilities: Public Utilities
  • Water: Public
    Carport and Parking
  • Carport Min: 0
    Garage
  • Garage and Parking: Attached Garage, On Street
Property Details
    Homeowners Association
  • HOA Exists: 0
  • HOA Fee: $0
    Property Details
  • Area Text: Willow Glen
  • Roof: Other
  • Stories: 1.0
  • Subclass: Duplex
  • Year Built Source: Assessor
  • Street Number: 581
  • Street Name: Illinois
  • Street Suffix: Avenue
  • Area ID: 10
Lot / Property Details
    Building Information
  • Number Of Stories: 1
  • Number of Buildings: 2
  • Structure SqFt: 1588
  • Structure SqFt Source: Assessor
  • Age: 122
    Development Information
  • Zoning Detail: R3
    Location Information
  • Parcel Number: 264-18-014
  • County Name: Santa Clara
  • City Name: SAN JOSE
  • City Postal ID: 58
  • Postal Code: 95125
  • Elementary School District: 482
  • High School District Text: San Jose Unified
    Lot Information
  • Foundation: Concrete Perimeter
  • Horse Property: No
  • Lot Acres: .21
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Source: Assessor
Multi Family Information
    General Information
  • Annual Tax Amount: $2,000
  • Building Unit Total: 2
  • Capitalization Rate: 6.76
  • Tenant Expenses: Utilities - Electric, Utilities - Gas, Utilities - Water
  • Income Includes: Lease
  • Vacancy Factor: 0
    Income / Expense Details
  • Expense Insurance: $1,200
  • Expense Landscape: $0
  • Expense Maintenance: $0
  • Expense Management: $0
  • Expense Trash: $0
  • Expenses Other: $0
  • Expenses Utility: $0
  • Expenses Total: $3,200
  • Operating Expenses Include: Insurance
  • Gross Rent Multiplier: 14.12
  • Income Annual Gross: $70,800
  • Income Annual Rental: $70,800
  • Income Gross Scheduled: $70,800
  • Income Other: $0
    Unit 1 Information
  • Unit 1 Full Bathrooms: 1
  • Unit 1 Number of Bedrooms: 3
  • Unit 1 Rent: $2,900
    Unit 2 Information
  • Unit 2 Approx Square Footage: 1000
  • Unit 2 Full Bathrooms: 1
  • Unit 2 Number of Bedrooms: 2
  • Unit 2 Rent: $3,000
    Unit 3 Information
  • Unit 3 Rent: $0
    Unit 4 Information
  • Unit 4 Rent: $0
    Unit Type 1
  • Unit Type1 Approx SqFt: 1200
Listing Info
    Rental Info
  • Lease Type: Net

Property History for 581 Illinois Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 581 Illinois Avenue

Taxable ValueLand$283,980Additions$184,583Total$468,563
Tax Record2021$7,622 ($635 / month)
Home Facts
Total Finished SqFt1,588 SqFtAbove Grade Finished SqFt1,588 SqFtStories1Lot Size9,324 SqFtStyleDuplexYear Built1900Year Renovated1900ZoningR3CountySANTA CLARAAPN264-18-014Fireplace TypeHas Fireplace

Schools near 581 Illinois Avenue


SchoolTypeGradesDistanceRating
Gardner Elementary SchoolPublicK-50.1 mi
4
Rocketship Mateo Sheedy Elementary SchoolCharterK-50.6 mi
8
Our Lady Of GracePrivate6-80.7 mi
NR
Sacred Heart Nativity SchoolPrivate6-80.7 mi
NR

Gardner Elementary School

K-5, 0.1 mi, Public

4

Rocketship Mateo Sheedy Elementary School

K-5, 0.6 mi, Charter

8

Our Lady Of Grace

6-8, 0.7 mi, Private

NR

Sacred Heart Nativity School

6-8, 0.7 mi, Private

NR

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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581 Illinois Avenue is a multi-family home for sale in San Jose, CA 95125. This property was listed for sale on August 5, 2022 by Compass at $999,888. This listing's school district is San Jose Unified School District. Nearby schools include Gardner Elementary School, Herbert Hoover Middle School and Abraham Lincoln High School. 581 Illinois Avenue is a 0-bed, 0-bath, 1,588 sqft multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. OriginPoint LLC is an affiliate of the Compass companies (OriginPoint LLC and Compass, each an “Affiliate”). As Affiliates, any referral by one Affiliate to the other may provide the referring company, its affiliates, and/or their employees with a financial or other benefit. You are not required to use OriginPoint and are free to shop around and compare the terms of other providers.

Listing Courtesy of Compass, David K. Martz, DRE #01227292

Based on information from the San Francisco Association of Realtors as of 08/05/2022 12:00 AM, the MLSListings MLS as of 08/05/2022 12:00 AM, or the BAREIS MLS as of 08/05/2022 12:00 AM. MLS data is deemed reliable but is not guaranteed accurate by the MLS. Information is provided 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. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purposes other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 08/09/2022 10:40 AM