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Two-Unit Duplex with Separate Kitchens
New
For Sale
$319,000

308 Read Street, Elburn, IL 60119

Residential Income, Elburn, IL

Property SizeContact for details
Days on Market2

Property Features for 308 Read Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning MULTI
Bedrooms 3
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 1, Bedroom 2, Bedroom 3, Bathroom 1, Bathroom 2
Parking 4
Parking features Owned, Driveway, Assigned
Elementary school district 302
Middle school district 302
High school district 302
Directions 47 SOUTH OF 38 TO W. READER ST WEST TO N READ ST SOUTH TO HOME
Subdivision Elburn
Standard status Active
APN 1106229010

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 6794

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Water source Public

Building Details

Year built 1960
Building materials Steel Siding, Brick, Cedar
Roof type Asphalt
Architectural style Other
Listing Agency: RE/MAX Premier · RE/MAX International
Listed By: Alejandro Trujillo · License #475.163913
Added: Oct 15 Last Checked: Oct 16 at 11:06AM
MLS# 12780816

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.

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Investment Insights

Based on property information with market context.

Built in 1960, this duplex contains two residences arranged across separate floors. The lower unit has one bedroom, one bathroom, a living room, and a kitchen. Upstairs, the unit includes two bedrooms, a living room, and a kitchen. Exterior materials include steel siding, brick, and cedar; the roof is asphalt.

The property is served by public water and public sewer, with natural gas heating. Parking is available in the driveway, with owned and assigned parking features also noted. The zoning designation is MULTI.

Key Highlights

  • Two‑unit duplex with separate kitchens and living rooms
  • Lower‑level residence has 1 bedroom and 1 bathroom
  • Upper‑level residence includes 2 bedrooms

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Nail Salon Grocery & Convenience Store Auto Parts Store Hair Salon

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

414
Businesses Nearby

Demographics for 60119, IL

10,905
Population
4,595
Households
2.4
Avg Household Size
41
Median Age
51%
College-Educated
98%
High-School Grad
49.6 sq mi
ZIP Area
220
Density / Sq Mi
$124,058
Median Household Income
$62,747
Median Earnings
$1,620
Median Rent
$366,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Each level has its own kitchen and living room, with one bedroom downstairs and two bedrooms upstairs.
Where is this duplex located?
The property is located at 308 Read Street Elburn, IL.
What is the asking price?
The asking price for this property is $319,000.
What are key features of this property?
This property features: Two‑unit duplex with separate kitchens and living rooms; Lower‑level residence has 1 bedroom and 1 bathroom; Upper‑level residence includes 2 bedrooms
More about this property
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