45 N McAree Rd

Waukegan, IL 60085
  • $300,000

    Price
  • 8

    Bed
  • 5

    Bath
  • 0

    SqFt

About the Listing 96102 - 56155,249364

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.

Listing Highlights

Status Pending
Days on Site 39
Property Type Multi-Family
MLS ® 12538839
Year Built 1965
Total Square Footage 0
Lot/Acreage 95X22X15X55X18X41X105X37
County Lake
School District 60
Elementary School Whittier Early Childhood Ctr
High School Waukegan High School

Interior Details

  • Bedrooms: 8
  • Bathrooms: 5 Full
  • Appliances: Ceiling Fan(s)
  • Air Cond:
  • Heating: Baseboard
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement: Finished,Rec/Family Area,Sleeping Area,Walk-Out Access
  • Other:
  • Water: Public

Exterior Details

  • Garage Capacity: N/A
  • Parking Spaces: 5
  • Lot Dimensions: 95X22X15X55X18X41X105X37
  • Roof:
  • Others:
  • Sewer: Public Sewer
  • Parking Features: Yes

Financial Details

  • Tax Amount: $8,136
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 08203010170000
  • Tax Year: 2024

Payment Calculator

Monthly Payment

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Questions About..

45 N McAree Rd Waukegan, IL 60085

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Originating MLS: mred

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