Location and size like no other in the highly sought after Timberwood Community in Gurnee. 5 bedrooms, 3.1 bathrooms, 3 car garage, main floor den, formal dining room and formal living room and stainless steel appliances in cook's kitchen with a designated breakfast area is just the beginning. Loads of upper and lower custom cabinets, double ovens, undermount sink with window overlooking backyard and an oversize island with storage and sitting for 4. All this and it is open to the two-story family room and an additional adjacent space that is perfect for a playroom or second office space. Soaring ceilings are found in the entry way and family room. Full finished basement offers a 5th bedroom and full bath. In addition to the media room & recreation room you will find a wine room, a full bar and separate storage room for all your big bulk items. Fully fenced in yard has brick paver patio, gorgeous landscaping and mature trees making entertaining family and friends memory making. Special features include the following: a gas start fireplace with custom mantel in family room, fresh paint, flooring, custom light fixtures, backsplash in kitchen, double ovens, walk in closets in every bedroom, great window treatments and so much storage. Roof and new siding were completed in 2023. Walk to parks and playground. Students attend Award winning Warren High School. Perfect location is close to parks, shopping, schools, entertainment and wonderful restaurants.
Active
$724,500
556 Prescott Ln, Gurnee, IL 60031
5beds
5,000sqft
Single Family Residence
Built in 2000
0.27 Acres Lot
$-- Zestimate®
$145/sqft
$-- HOA
What's special
Gorgeous landscapingFully fenced in yardMature treesFresh paintCustom light fixturesDouble ovensDesignated breakfast area
- --
- 934
- views
- 44
- saves
Zillow last checked:
Listing updated:
Listed by:
Peggy Cobrin 847-275-4503,
Coldwell Banker Realty
Source: MRED as distributed by MLS GRID,MLS#: 12690722
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Rooms
- Room types: Bedroom 5, Eating Area, Den, Recreation Room, Play Room, Foyer, Storage, Walk In Closet, Other Room
Primary bedroom
- Features: Flooring (Carpet), Bathroom (Full)
- Level: Second
- Area: 425 Square Feet
- Dimensions: 17X25
Bedroom 2
- Features: Flooring (Carpet)
- Level: Second
- Area: 176 Square Feet
- Dimensions: 11X16
Bedroom 3
- Features: Flooring (Carpet)
- Level: Second
- Area: 168 Square Feet
- Dimensions: 12X14
Bedroom 4
- Features: Flooring (Carpet)
- Level: Second
- Area: 204 Square Feet
- Dimensions: 12X17
Bedroom 5
- Level: Basement
- Area: 143 Square Feet
- Dimensions: 13X11
Bar entertainment
- Level: Basement
- Area: 110 Square Feet
- Dimensions: 10X11
Den
- Features: Flooring (Carpet)
- Level: Main
- Area: 132 Square Feet
- Dimensions: 11X12
Dining room
- Features: Flooring (Hardwood)
- Level: Main
- Area: 140 Square Feet
- Dimensions: 14X10
Eating area
- Level: Main
- Area: 136 Square Feet
- Dimensions: 8X17
Family room
- Features: Flooring (Hardwood)
- Level: Main
- Area: 595 Square Feet
- Dimensions: 35X17
Foyer
- Features: Flooring (Hardwood)
- Level: Main
- Area: 377 Square Feet
- Dimensions: 13X29
Kitchen
- Features: Kitchen (Eating Area-Breakfast Bar, Eating Area-Table Space, Island, Updated Kitchen)
- Level: Main
- Area: 170 Square Feet
- Dimensions: 10X17
Laundry
- Features: Flooring (Vinyl)
- Level: Main
- Area: 72 Square Feet
- Dimensions: 6X12
Living room
- Features: Flooring (Hardwood)
- Level: Main
- Area: 208 Square Feet
- Dimensions: 13X16
Other
- Features: Flooring (Other)
- Level: Basement
- Area: 132 Square Feet
- Dimensions: 11X12
Play room
- Features: Flooring (Carpet)
- Level: Main
- Area: 187 Square Feet
- Dimensions: 17X11
Recreation room
- Features: Flooring (Carpet)
- Level: Basement
- Area: 525 Square Feet
- Dimensions: 21X25
Storage
- Features: Flooring (Other)
- Level: Basement
- Area: 160 Square Feet
- Dimensions: 10X16
Walk in closet
- Features: Flooring (Carpet)
- Level: Second
- Area: 45 Square Feet
- Dimensions: 5X9
Heating
- Natural Gas
Cooling
- Central Air
Appliances
- Included: Double Oven, Range, Microwave, Dishwasher, High End Refrigerator, Bar Fridge, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Cooktop
- Laundry: In Unit
Features
- Vaulted Ceiling(s), High Ceilings, Special Millwork
- Flooring: Hardwood, Laminate, Carpet
- Doors: French Doors, Sliding Doors, Storm Door(s), Panel Door(s), 6 Panel Door(s)
- Windows: Screens, Window Treatments, Blinds, Display Window(s), Double Pane Windows, Shades
- Basement: Finished,8 ft + pour,Concrete,Storage Space,Full
- Attic: Unfinished
- Number of fireplaces: 1
- Fireplace features: Gas Log, Gas Starter, Family Room
Interior area
- Total structure area: 7,370
- Total interior livable area: 5,000 sqft
Video & virtual tour
Property
Parking
- Total spaces: 3
- Parking features: Asphalt, Garage Door Opener, Yes, Garage Owned, Attached, Garage
- Attached garage spaces: 3
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: No Disability Access
Features
- Stories: 2
- Patio & porch: Patio
- Exterior features: Balcony, Lighting
- Fencing: Fenced
Lot
- Size: 0.27 Acres
- Dimensions: 140X86
- Features: Landscaped, Wooded, Mature Trees
Details
- Parcel number: 07192120290000
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Colonial
- Property subtype: Single Family Residence
Materials
- Vinyl Siding, Brick
- Foundation: Concrete Perimeter
- Roof: Asphalt
Condition
- New construction: No
- Year built: 2000
Details
- Builder model: Expanded
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Park, Curbs, Gated, Sidewalks, Street Lights, Street Paved
- Subdivision: Timberwoods
HOA
- Services included: None
Location
- Region: Gurnee
Financial & listing details
- Price per square foot: $145/sqft
- Tax assessed value: $507,321
- Annual tax amount: $15,474
- Date on market: 7/28/2026
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 3/21/2001 | Sold | $436,500$87/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $14,247 -2.7% | $188,320 +11.4% |
| 2023 | $14,641 +7.1% | $169,090 +7.7% |
| 2022 | $13,669 +10.6% | $156,987 +7.4% |
| 2021 | $12,361 +3.3% | $146,236 +6.8% |
| 2020 | $11,966 +2.9% | $136,918 +3% |
| 2019 | $11,628 -8.5% | $132,943 -10.2% |
| 2018 | $12,714 | $147,975 +2.9% |
| 2017 | $12,714 +3.3% | $143,735 +4.7% |
| 2016 | $12,308 +0.2% | $137,335 +5.4% |
| 2015 | $12,284 +3% | $130,250 +2.4% |
| 2014 | $11,923 +5.6% | $127,239 -0.8% |
| 2012 | $11,292 -4.3% | $128,213 -15.4% |
| 2011 | $11,797 -0.3% | $151,523 -8.5% |
| 2010 | $11,838 +3% | $165,601 -5% |
| 2009 | $11,490 +1.1% | $174,406 -1.9% |
| 2008 | $11,367 -0.6% | $177,863 +0.8% |
| 2006 | $11,440 +11.8% | $176,372 |
| 2005 | $10,231 -2.6% | -- |
| 2004 | $10,500 +4% | -- |
| 2003 | $10,096 +4.2% | -- |
| 2002 | $9,691 +16.1% | -- |
| 2001 | $8,345 | $112,541 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 60031
Nearby schools
Schools provided by the listing agent
- Elementary: Woodland Elementary School
- Middle: Woodland Jr High School
- High: Warren Township High School
- District: 50
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.




