45 N Mcaree Road, Waukegan, IL 60085
Local realty services provided by:Better Homes and Gardens Real Estate Star Homes
45 N Mcaree Road,Waukegan, IL 60085
$333,000
- 8 Beds
- 5 Baths
- - sq. ft.
- Multi-family
- Sold
Listed by: muhammad haroon
Office: re/max sawa
MLS#:12538839
Source:MLSNI
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Price summary
- Price:$333,000
About this home
This well-maintained duplex investment property presents a rare opportunity for investors seeking strong cash flow and solid returns. The property consists of two separate duplex units, offering a total of 8 bedrooms across both buildings. One unit features 4 bedrooms and 2 full bathrooms, while the second unit offers 4 bedrooms and 3 full bathrooms, providing flexible layouts that appeal to long-term tenants. This asset delivers an attractive return, making it a compelling addition to any investment portfolio. The property is in good overall condition and is considered turn-key, minimizing immediate capital expenditure for the next owner. The property is currently occupied, and showings require approximately 48 hours' notice. An on-site attendant is already in place, ensuring smooth operations and tenant management. Whether purchased with cash or financing, this property offers excellent value relative to the purchase price, making it an outstanding opportunity in today's market. Opportunities like this-combining location, condition, and yield-are increasingly difficult to find. Ideal for investors seeking steady income, strong fundamentals, and long-term upside.
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Home facts
- Year built:1965
- Listing ID #:12538839
- Added:50 day(s) ago
- Updated:March 09, 2026 at 06:46 AM
Rooms and interior
- Bedrooms:8
- Total bathrooms:5
- Full bathrooms:5
- Rooms Total:20
- Basement:Yes
- Basement Description:Finished
Heating and cooling
- Heating:Baseboard
Structure and exterior
- Year built:1965
- Architectural Style:Contemporary, Prairie
Schools
- High school:Waukegan High School
- Middle school:Robert E Abbott Middle School
- Elementary school:Whittier Early Childhood Ctr
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$333,000
- Tax amount:$8,136 (2024)
Features and amenities
- Amenities:Ceiling Fan(s)
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