649 Wellington Avenue, Elgin, IL 60120

Local realty services provided by:Results Realty ERA Powered
649 Wellington Avenue,Elgin, IL 60120
$339,900
  • 3 Beds
  • 2 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: michael kevorkian
Office: new market realty inc
MLS#:12701991
Source:MLSNI

Price summary

  • Price:$339,900

About this home

**Completely Renovated Riverview 2-Unit Investment Opportunity!** Some work still being completed, please excuse the mess while we finish this extraordinary property for you! This turn-key multifamily property offers the perfect combination of modern updates, strong cash flow, and an unbeatable location along the Fox River in Elgin. Every major component has been renovated, allowing the next owner to enjoy a truly maintenance-friendly investment with nothing left to do but collect rent. The building features a spacious **2-bedroom unit with projected rental income of approximately $1,800 per month** and a well-appointed **1-bedroom unit with projected rental income of approximately $1,500 per month**, providing excellent income potential for both investors and owner-occupants. Both units have been beautifully updated with new finishes throughout, creating bright, modern living spaces that today's tenants are looking for. Additional features include a **full unfinished...

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Home facts

  • Year built:1880
  • Listing ID #:12701991
  • Updated:July 20, 2026 at 02:01 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Full bathrooms:2
  • Rooms Total:8
  • Basement Description:Cellar, Full, Unfinished

Heating and cooling

  • Heating:Forced Air, Natural Gas

Structure and exterior

  • Roof:Asphalt
  • Year built:1880
  • Foundation Description:Concrete Perimeter

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$339,900
  • Tax amount:$4,468 (2024)

Parking

  • Total parking spaces:8
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