45 Mcaree Road, Waukegan, Illinois 60085
$300,000
|
For Sale
|
|
| Status: | Pending |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 8 |
| Baths: | 0 |
| Year Built: | 1965 |
| Property Taxes: | $8,136 |
| Days On Market: | 12 |
| Lot Size: | 0,00 |
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 Specifics
| Multi-unit | |
| — | |
| — | |
| 1965 | |
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| — | |
| No | |
| — |
| Lake | |
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| — / — | |
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| 12538839 | |
| 08203010170000 |
Nearby Schools
| NAME: | DISTRICT: | DISTANCE: | |
|---|---|---|---|
|
Grade School
Whittier Early Childhood Ctr |
60 | — | |
|
Middle School
Robert E Abbott Middle School |
60 | Not in DB | |
|
High School
Waukegan High School |
60 | Not in DB | |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 15 Jan, 2015 | Sold | $135,000 | MRED MLS |
| 7 Oct, 2014 | Under contract | $139,000 | MRED MLS |
| — | Last price change | $155,500 | MRED MLS |
| 7 May, 2014 | Listed for sale | $165,500 | MRED MLS |
| 22 Jan, 2026 | Under contract | $300,000 | MRED MLS |
| 17 Jan, 2026 | Listed for sale | $300,000 | MRED MLS |
Room Specifics
Total Bedrooms: 8
Bedrooms Above Ground: 8
Bedrooms Below Ground: 0
Dimensions: —
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Dimensions: —
Floor Type: —
Dimensions: —
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Full Bathrooms: 5
Bathroom Amenities: —
Bathroom in Basement: 0
Rooms: —
Basement Description: —
Other Specifics
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| 95X22X15X55X18X41X105X37 | |
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| Not in DB | |
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Tax History
| Year | Property Taxes |
|---|---|
| 2015 | $5,572 |
| 2026 | $8,136 |
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Listing Provided By
RE/MAX SAWA
