Closed

$300,000

45 Mcaree Road, Waukegan, IL 60085
8 Beds5 Baths6 days
45 Mcaree Road·Waukegan, IL 60085
8Bedrooms
5Bathrooms
1965Year Built
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.

MLS# 12538839Listed January 17, 2026Residential IncomePrairie, Contemporary
Property Details

Beds & Baths

Total Bedrooms8
Total Bathrooms5
Total Rooms20

Size & Structure

Year Built1965
Lot Size95X22X15X55X18X41X105X37

Location

CountyLake
TownshipWaukegan
Zip Code60085

Financial

List Price$300,000
Annual Taxes (2024)$8,136
Monthly Tax Est.$678
Parcel #08203010170000
Interior Features

Heating

Baseboard

Basement

FinishedRec/Family AreaSleeping AreaWalk-Out Access
Exterior & Lot

Construction

Brick
Utilities & Parking

Sewer

Public Sewer

Water Source

Public

Parking

Yes
Schools
Elementary
Whittier Early Childhood Ctr
District: 60
Middle School
Robert E Abbott Middle School
District: 60
High School
Waukegan High School
District: 60
Tax & Financial
Annual Taxes
$8,136
Tax Year 2024
Monthly Tax Est.
$678
per month
Property Location

45 Mcaree Road, Waukegan, IL 60085 — Lake County

$300,000
45 Mcaree Road
8 bd5 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
6 days on market
95X22X15X55X18X41X105X37
$8,136/yr taxes
$2,255
estimated monthly payment
Principal & Interest
$1,577/mo
Property Tax
$678/mo
$300,000
20% — $60,000
3%50%
6.875%
3%12%
Loan Amount
$240,000
Down Payment
$60,000

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
RE/MAX SAWA
Agent: Muhammad Haroon
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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