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$300,000
8
beds
5
baths

45 N Mcaree Road
Waukegan, Illinois 60085

New / MLS #12538839 / Multiple Unit (2-4) / Waukegan
Listing information updated 1/17/2026 at 6:03am
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.
Architecture Style:
Prairie,Contemporary
Exterior Type:
Brick
Basement:
Finished,Rec/Family Area,Sleeping Area,Walk-Out Access
Beds Above Grade:
8
Heating System:
Baseboard
Pool:
No
Age:
61-70 Years
Parking Type:
Yes
Parking Spaces:
5
Room Count:
20
Water Front:
No
Square Feet:
N/A
Lot Size:
Less Than .25 Acre
Tax Amount:
$8,136
Tax Year:
2024
Zip Code:
60085
City:
Waukegan
County:
Lake
School District(s):
60
Elementary School:
Whittier Early Childhood Ctr
Middle School:
Robert E Abbott Middle School
High School:
Waukegan High School

Listing Office: RE/MAX SAWA

Listing Office Phone: 877.312.7292

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 1/17/2026 at 6:03am. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.

Waukegan, IL

Waukegan’s lakefront, marina, and beaches are undeniably a major draw for residents; but the city is not just fun in the sun. The community has built a thriving art scene as well. Once a center of shipping and manufacturing, the city has reinvented itself in the post-industrial age. A massive lake...
$241,924
Average Sale Price
44
Average Days On The Market
98%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 45 N Mcaree Road, Waukegan, IL 60085
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45 N Mcaree Road, Waukegan, IL 60085 is a multiple unit (2-4) currently listed at $300,000. 45 N Mcaree Road features 8 Beds, 5 Baths. This multiple unit (2-4) has been listed on @properties Christie's International Real Estate since January 17th, 2026 and was built in 1965. Nearby schools include Whittier Early Childhood Ctr, Robert E Abbott Middle School, and Waukegan High School.

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@properties Christie’s International Real Estate, the @properties Christie’s International Real Estate’s logo, and other various trademarks, logos, designs, and slogans herein are the registered and unregistered trademarks of At World Properties, LLC d/b/a @properties Christie’s International Real Estate.
Because At World Properties, LLC d/b/a @properties Christie’s International Real Estate and/or its owners have an interest in Proper Title, LLC, OriginPoint, A Rate Company, Christie’s International Real Estate, LLC, and Suburban Jungle, LLC, a referral to any of these entities may provide @properties Christie’s International Real Estate with a financial or other benefit. Working with @properties does not require you to use the services of any of these entities.
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