45 N Mcaree Road, Waukegan, Illinois 60085
- $333,000
- 8
- BD
- 5
- BA
- Sold Price
- $333,000
- List Price
- $300,000
- Closing Date
- Feb 25, 2026
- MLS#
- 12538839
- Status
- CLOSED
- Type
- Multifamily
- Subtype
- Residential Income
- Bedrooms
- 8
- Bathrooms
- 5
- County
- Lake
- City
- Waukegan
- Neighborhood
- Park City / Waukegan
- Days On Market
- 5
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.
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Additional Information
- School District
- 60
- Elementary School
- Whittier Early Childhood Ctr
- Middle School
- Robert E Abbott Middle School
- High School
- Waukegan High School
- Corporate Limits
- Waukegan
- Tax Year
- 2024
- Year Built
- 1965
- Lot Dimensions
- 95X22X15X55X18X41X105X37
- Lot Size Range
- Less Than .25 Acre
- Units
- 2
- Parking Spaces
- 5
- Parking Details
- Yes
- Heating
- Baseboard
- Sewer
- Public Sewer
- Basement
- Yes
Mortgage Calculator
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Selling Office: Core Realty & Investments Inc..
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