45 North McAree Road

Waukegan IL 60085

Multi-Family

Last sold for $333,000

Muhammad Haroon, last sold this property on 25 February 2026 after 39 days on market.

Overview

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.

Features

8 bedrooms

5 bathrooms

5 carspaces

Multi-Family

Estimated Value

We need at least 3 similar 8 bedroom multi families sold in Waukegan over the last 12 months.

Property history for 45 North McAree Road

2026

Sold

$333,000

25 Feb 2026 by Muhammad Haroon, of REMAX SAWA | Deerfield

2015

Sold

$135,000

15 Jan 2015 by Paul Roupas

Happy sellers in Waukegan

We have insufficient information to provide an overview of customer satisfaction for Waukegan. Viewing the agent profiles, reviews and sales for Waukegan can provide insights for this location.