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  • $400,000

    3855 Grand Ave, Gurnee, IL 60031

    4beds
    --sqft
    Multi Family
    Built in 1952
    -- sqft lot
    $400,100 Zestimate®
    $--/sqft
    $1,814 Estimated rent

    Home value

    $400,100

    $368,000 - $436,000

    $1,814/mo

    Zestimate® history
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    What's special

    Fully and correctly rewired
    "Incredible turn-key investment or owner-occupied opportunity in the heart of Gurnee! This meticulously maintained 2-unit property has been completely transformed with nearly every major system updated for maximum efficiency and zero stress. **Unmatched Mechanicals & Exterior:** * **Zero Owner Utility Expense:** Both units feature **completely separate utilities** (Gas, Electric, and Water/Sewer). **Tenants pay for all utilities-the owner pays nothing.** * **Brand New (2026):** Two 95% high-efficiency furnaces ensuring ultra-low utility costs for tenants. * **Newer (2018/2019):** Full roof replacement on both the house and garage (2018), all-new energy-efficient windows throughout (2019), and added insulation in the attic on both sides. * **Systems:** Both units feature central air and have been fully and correctly rewired. **Modernized Interiors:** * **Unit 1:** Rehabbed in 2024 with a stylish new kitchen and modern bathroom. * **Unit 2:** Freshly updated in 2018 with a brand-new kitchen and bathroom. **Prime Location & Conveniences:** Complete with a detached 2-car garage featuring newer openers (2018). You are perfectly positioned for entertainment and convenience-just minutes from **Six Flags Great America**, the **American Place Casino**, and the massive shopping and dining district at **Gurnee Mills**. Quick access to I-94 makes commuting a breeze. Current rents have significant room for growth to meet market demand, providing immediate upside for the savvy investor. Truly a 'set it and forget it' property-**with all utilities separated and tenant-paid**, this is the perfect high-performance gem for adding to a portfolio or living in one unit while the other pays your mortgage. Don't miss out!"

    Zillow last checked:

    Listing courtesy of:

    Gilbert Abington 847-780-6564,

    Core Realty & Investments Inc.

    Bought with:

    Virgilio Arreguin-Solorio, CSC

    My Casa Realty Corp.

    Source: MRED as distributed by MLS GRID,MLS#: 12606141MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Bathroom
    • Features: Soaking Tub
    Heating
    • Natural Gas
    Features
    • Basement: Unfinished,Full

    Property

    Parking
    • Total spaces: 10
    • Parking features: Yes, Garage Owned, Detached, Off Street, Driveway, Owned, Garage
    • Garage spaces: 2
    • Has uncovered spaces: Yes
    Lot
    • Size: 10,454 sqft
    • Dimensions: 76X137
    Details
    • Parcel number: 07241060210000
    • Zoning: MULTI
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Ranch
    • Property subtype: Multi Family
    Materials
    • Aluminum Siding
    Condition
    • New construction: No
    • Year built: 1952
    • Major remodel year: 2026

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Lake Michigan, Public

    Community & neighborhood

    Location
    • Region: Gurnee

    Other

    Other facts
    • Listing terms: Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    6/26/2026Sold$400,000-2.4%
    Source: MRED as distributed by MLS GRID #12606141 Report a problem
    6/24/2026Pending sale$410,000
    Source: MRED as distributed by MLS GRID #12606141 Report a problem
    5/20/2026Listing removed$410,000
    Source: MRED as distributed by MLS GRID #12606141 Report a problem
    5/7/2026Contingent$410,000
    Source: MRED as distributed by MLS GRID #12606141 Report a problem
    5/3/2026Listed for sale$410,000+220.3%
    Source: MRED as distributed by MLS GRID #12606141 Report a problem
    9/5/2018Sold$128,000
    Source: Public Record Report a problem
    5/15/2018Sold$128,000+285.5%
    Source: MRED as distributed by MLS GRID #09919769 Report a problem
    11/9/2017Listing removed$900
    Source: First Class Realty #09791161 Report a problem
    11/2/2017Listed for rent$900-10%
    Source: First Class Realty #09791161 Report a problem
    6/9/2015Listing removed$1,000
    Source: Riverside Management & Leasing Corp. Report a problem
    6/6/2015Listed for rent$1,000
    Source: Riverside Management & Leasing Corp. Report a problem
    6/25/2007Sold$33,200-81.6%
    Source: Public Record Report a problem
    10/8/2004Sold$180,000
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$6,357 +1.4%$75,504 +13.4%
    2023$6,270 +33%$66,589 +7.7%
    2022$4,716 +9.7%$61,823 +31.7%
    2021$4,300 +3%$46,928 +6.8%
    2020$4,176 +2.4%$43,938 +3%
    2019$4,077 -13.3%$42,662 -13%
    2018$4,702 $49,030 +3%
    2017$4,702 +5.1%$47,625 +4.7%
    2016$4,475 -26.1%$45,504 +5.4%
    2015$6,053 +3.8%$43,156 -25.8%
    2014$5,829 +5.8%$58,164 -0.8%
    2012$5,509 +4.4%$58,610 -7.5%
    2011$5,278 -7.2%$63,343 -14.7%
    2010$5,689 +6.3%$74,229 -1.8%
    2009$5,353 +2.3%$75,592 -14.1%
    2008$5,234 -7.8%$87,949 +8.7%
    2006$5,674 +6.2%$80,929
    2005$5,344 +46%--
    2004$3,660 +4.4%--
    2003$3,506 +3.6%--
    2002$3,383 +3.1%--
    2001$3,282 +3.6%$42,924 +3.5%
    2000$3,167 $41,475

    Find assessor info on the county website

    Neighborhood: 60031

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: 56

    Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $400,100
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $400,100