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Renovated Two-Unit Multifamily

649 Wellington Avenue Elgin, IL 60120

New
649 Wellington Avenue, Elgin, IL, 60120
$339,900
For Sale
$339,900

MULTI_FAMILY - Elgin, IL

Days on Market3

Property Features for 649 Wellington Avenue

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
MULTI
Bedrooms
3
Bathrooms
2
Rooms
Bedroom 1, Basement, Bathroom 2, Bathroom 1, Bedroom 3, Bedroom 2
Parking
8
Parking features
Owned
Basement
Walk-Out Access, Full, Unfinished
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

Building Details

Year built
1880
Roof type
Asphalt
Listing Agency New Market Realty Inc
15 W. Harris Ave., Chicago, IL
Listed by Michael Kevorkian · License #471001752
Added: Jul 19 Checked: Jul 21 at 1:06 am
MLS# 12701991 Listing URL

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 for-sale two-unit multifamily property has been completely renovated, with some work still being completed. The building includes a spacious 2-bedroom unit and a well-appointed 1-bedroom unit, each updated with new finishes throughout. The 2-bedroom unit is described as having projected rental income of approximately $1,800 per month, and the 1-bedroom unit is described as having projected rental income of approximately $1,500 per month. A full unfinished basement provides additional storage and future possibilities. Outside, the property features an 8-car parking area.

Located at 649 Wellington Avenue in Elgin, Illinois, the property is described as being in a riverview setting with convenient access to downtown Elgin, parks, shopping, restaurants, commuter routes, and the Fox River Trail.

The zoning is listed as MULTI.

Key Highlights

  • 2‑unit multifamily built in 1880 along the Fox River in Elgin
  • 2‑bedroom unit with projected rental income of approximately $1,800 per month
  • 1‑bedroom unit with projected rental income of approximately $1,500 per month

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Law Firm Spa & Massage Center Dental Office Nail Salon Electrical Service Daycare Center Hair Salon Skin Care Clinic Furniture & Home Goods

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Renovated 2-unit building with a full unfinished basement and 8-car parking, offering 2- and 1-bedroom residences.
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 $339,900.
What are key features of this property?
This property features: 2‑unit multifamily built in 1880 along the Fox River in Elgin; 2‑bedroom unit with projected rental income of approximately $1,800 per month; 1‑bedroom unit with projected rental income of approximately $1,500 per month
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