45 N Mcaree Road, Waukegan, IL 60085

• 8 beds |
• 5 baths

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.

Listing Status:

Pending

Data Last Updated:

February 14, 2026 at 11:19PM

Listing Office:

RE/MAX SAWA : 877-312-7292

Listing Agent:

Muhammad Haroon : 877-312-7292

MLS ID:

12538839

Interior

• Basement: FinishedRec/Family AreaSleeping AreaWalk-Out Access
• Heating: Baseboard

Exterior

• Style: PrairieContemporary
• Parking: YesParking spaces: 5

Construction

• General: PrairieContemporary

Location

• Originating MLS: mred
• School District: 60
• County: Lake

Lot

• Zoning: 08203010170000

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: mred
• Ownership: Fee Simple