393 Wellington Avenue Elgin, IL 60120

Multi-Family (2-4 Units) MLS #: 12216162 Courtesy Of Worth Clark Realty

$386,200

4 beds
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Est. Property Tax: $6,016
Estimated monthly payments: $2,190/mo.* (recalculate)

Property InformationDescription

**Prime Investment Opportunity - Three-Unit Building on Double Lot** This beautifully remodeled three-unit property on a double lot (0624129042 & 0624129041) presents an exceptional investment opportunity or the perfect chance to live in one unit while generating income from the others. With long-term tenants in place and many capital improvements, this property is ready for its next owner. Each unit has been thoughtfully updated, offering modern finishes and the potential for continued rental income. Located just minutes from downtown, the riverboat, and local amenities including the public library and community college, this property is in a highly sought-after area. Commuting is a breeze with easy access to public transportation, I-90, and Route 20. Whether you're looking for a solid investment or a property with multiple living options, this one offers incredible potential. Don't miss the chance to secure this rare find-schedule your private showing today.

Features

  • Age: Over 50 Years Old
  • Amenities: Dock
  • Architecture Style: Other
  • Roof Type: Asphalt

MAP & DIRECTIONS

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393 Wellington Avenue, Elgin, IL 60120
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School Information

393 Wellington Avenue, Elgin, IL 60120

Elementary School
Grades KG-6 | Public School
GARFIELD ELEMENTARY SCHOOL
Elgin, IL 60120
420 May St
847.­888.5192
Distance: 0.3 mi
School Rating
D-
Total Students
324
Middle School
Grades 7-8 | Public School
KENYON WOODS MIDDLE SCHOOL
South Elgin, IL 60177
1515 Raymond St
847.­289.6685
Distance: 1.6 mi
School Rating
C+
Total Students
1031
High School
Grades 9-12 | Public School
SOUTH ELGIN HIGH SCHOOL
South Elgin, IL 60177
760 E Main St
847.­289.3760
Distance: 1.9 mi
School Rating
C+
Total Students
2880
Other Nearby Schools Distance Type Grades School Rating
Ellis Middle School 0.5 mi Public 7-8 C-
St Mary School 0.5 mi Private PK-8
Channing Elementary School 0.5 mi Public KG-6 D
Lowrie Elementary School 0.5 mi Public KG-6 D+
New Beginnings Regional Safe Schools Program 0.6 mi Public 6-12
Dream Academy 0.6 mi Public 7-12
Phoenix 0.6 mi Public 9-12
Dream Academy 0.6 mi Public 7-12
Central School Program 0.6 mi Public 7-12
Huff Elementary School 0.8 mi Public KG-6 C+
St Edward Central Catholic High School 0.8 mi Private 9-12
St John's Lutheran School 0.9 mi Private PK-8
Elgin Academy 0.9 mi Private PK-12
Ronald O'neal Elementary School 1.1 mi Public KG-6 D+
Washington Elementary School 1.3 mi Public KG-6 C-
Abbott Middle School 1.5 mi Public 7-8 D-
Larsen Middle School 1.5 mi Public 7-8 D
Elgin High School 1.5 mi Public 9-12 D+
The Ivy Academy & Early Learning 1.5 mi Private PK-TKG
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Elgin, IL 60120

Median Age: 34.3
Married: 50%
Number of Households: 15,970
Households with Children: 39.1%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
Copyright © 2024 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. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.