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Duplex with Unfinished Basement
For Sale
$309,900

649 Wellington Avenue, Elgin, IL 60120

Residential Income, Elgin, IL

Property SizeContact for details
Days on Market48

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, Bathroom 1, Bedroom 1, Bathroom 2, Bedroom 2, Basement
Parking 8
Parking features Owned
Basement Unfinished, Walk-Out Access, 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 Natural Gas, Forced Air
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: Sep 4 Last Checked: Sep 4 at 10:06PM
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 duplex includes one 2-bedroom unit and one 1-bedroom unit, with updates to major building components and modern interior finishes. Renovation work is still being completed. A full unfinished basement provides storage space, while the property also includes an 8-car parking area. Natural gas forced-air heating, public water, public sewer, and an asphalt roof are among the documented building features.

Located at 649 Wellington Avenue in Elgin, the property sits along the Fox River and offers access to downtown Elgin, parks, shopping, restaurants, commuter routes, and the Fox River Trail. The building was constructed in 1880 and carries MULTI zoning, supporting its multifamily classification.

Key Highlights

  • Two‑unit duplex with one 2‑bedroom unit and one 1‑bedroom unit
  • 8‑car parking area included
  • Full unfinished basement

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
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Frequently Asked Questions

What type of property is this?
Duplex - Updated two-unit property with an unfinished basement, owned parking, and access to Elgin’s riverfront setting.
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 one 2‑bedroom unit and one 1‑bedroom unit; 8‑car parking area included; Full unfinished basement
More about this property
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