Renovated Two-Unit Riverfront
For Sale
Under Contract
$309,900
649 Wellington Avenue, Elgin, IL 60120
Residential Income, Elgin, IL
Property SizeContact for details
Days on Market80
Property Features for 649 Wellington Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
MULTI
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 2, Basement, Bedroom 1, Bedroom 3, Bathroom 2, Bathroom 1
Parking
8
Parking features
Owned
Basement
Full, Unfinished, Walk-Out Access
Elementary school district
46
Middle school district
46
High school district
46
Directions
RAYMOND S TO HASTINGS W TO WELLINGTON
Subdivision
Elgin
Standard status
Active Under Contract
APN
0624179013
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
4468
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Water source
Public
Amenities
full unfinished basement
Building Details
Year built
1880
Roof type
Asphalt
Listing Agency:
New Market Realty Inc
(312) 239-3626
Listed By:
Michael Kevorkian · License #471001752
(847) 338-6898
Added: Jul 19
Changed: Sep 16
Last Checked: Oct 6 at 7:06AM
MLS# 12701991
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This duplex contains two residential units: one with 2 bedrooms and another with 1 bedroom. Both units have been updated with new finishes, while renovation work is still being completed. A full unfinished basement provides additional storage space. The property also includes an 8-car parking area, forced-air heating, natural gas service, an asphalt roof, and public water and sewer. Built in 1880, the building is zoned MULTI.
The property is located along the Fox River in Elgin, with access to downtown, parks, shopping, restaurants, commuter routes, and the Fox River Trail. Its riverfront setting places the building near outdoor recreation and downtown amenities. The two-unit layout supports an income-producing residential use, with the option to occupy one unit and lease the other.
The property is located along the Fox River in Elgin, with access to downtown, parks, shopping, restaurants, commuter routes, and the Fox River Trail. Its riverfront setting places the building near outdoor recreation and downtown amenities. The two-unit layout supports an income-producing residential use, with the option to occupy one unit and lease the other.
Key Highlights
- Two‑unit duplex with 2‑bedroom and 1‑bedroom units
- Updated interiors with renovation work still being completed
- Full unfinished basement for storage
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
445
Businesses Nearby
Explore this area
Business Placement
Demographics for 60120, IL
50,799
Population
17,112
Households
3
Avg Household Size
35
Median Age
19%
College-Educated
74%
High-School Grad
17.4 sq mi
ZIP Area
2,919
Density / Sq Mi
$80,305
Median Household Income
$37,495
Median Earnings
$1,250
Median Rent
$227,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Duplex - Updated two-unit property includes unfinished basement storage and on-site parking.
Where is this duplex located?
The property is located at 649 Wellington Avenue Elgin, IL.
What is the asking price?
The asking price for this property is $309,900.
What are key features of this property?
This property features: Two‑unit duplex with 2‑bedroom and 1‑bedroom units; Updated interiors with renovation work still being completed; Full unfinished basement for storage
