IL
Lake
Waukegan
60085
45 N Mcaree Road
45 N Mcaree Road, Waukegan, IL 60085
Share Listing
Listing Type
Multi Family
Listing Status
Active
12
$300,000

Home Details for 45 N Mcaree Road

Price
$300,000
Type
Residential Income
Bedrooms
8
Bathrooms
5.0
Square feet
NaN
Year built
1965
County
Lake
Total rooms
20
Garage
Basement
Finished, Walk-Out Access
Days on site
0
MLS Listing#
12538839
Property Description

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.

Property Features
  • Basement
    • Finished
    • Walk-Out Access
  • Cooling Information
    • Ceiling Fan(s)
  • Heating Information
    • Baseboard
  • Water Features
    • Public
School Information
School Information for 45 N Mcaree Road, Waukegan, IL 60085
Elementary School
Whittier Early Childhood Ctr
Middle School
Robert E Abbott Middle School
High School
Waukegan High School
Listing Courtesy: RE/MAX SAWA - 877-312-7292
Midwest Real Estate Data logo Based on information submitted to the MLS GRID as of 2026-01-18 17:01:09. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last Updated: 2026-01-18 17:01:09
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Median Square Feet
Market statistics compiled from data from Midwest Real Estate Data.
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