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Two-Unit Duplex with Unfinished Basement
For Sale
$319,900

649 Wellington Avenue, Elgin, IL 60120

Residential Income, Elgin, IL

Property SizeContact for details
Days on Market33

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 3, Bedroom 2, Basement, Bathroom 2, Bedroom 1, Bathroom 1
Parking 8
Parking features Owned
Basement Walk-Out Access, Unfinished, Full
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
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
Listed By: Michael Kevorkian · License #471001752
Added: Jul 19 Changed: Aug 20 Last Checked: Aug 20 at 7:06PM
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 two-unit duplex at 649 Wellington Avenue, Elgin, IL 60120 offers an unfinished full basement plus a parking area for up to 8 cars. Built in 1880, the property is equipped with natural gas forced-air heating and has an asphalt roof. Public water and public sewer services are provided.

The layout includes multiple bedrooms and bathrooms across the two units, with the basement providing additional storage and potential for future uses. Heating is supported by natural gas forced air, and the property’s owned parking configuration is designed to support everyday tenant needs.

Zoned MULTI, the building is positioned for buyers seeking a maintenance-friendly multifamily setup with space for flexibility in the basement.

Key Highlights

  • Two‑unit duplex with a full unfinished basement
  • Zoned MULTI
  • Owned 8‑car parking area

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Dental Office Nail Salon Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

445
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two-unit duplex zoned MULTI with an unfinished basement and owned 8-car 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 $319,900.
What are key features of this property?
This property features: Two‑unit duplex with a full unfinished basement; Zoned MULTI; Owned 8‑car parking area
More about this property
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