NOT LISTED FOR SALE

2001 Madison Ave Gurnee, IL 60031

Estimated Value: $429,000 - $457,362

4 Beds
2.5 Baths
2,226 Sq Ft
$199/Sq Ft Est. Value

Last Sold February 17, 2023

Last sale price $375,000 $168 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $3,324/month

6 Days on Market

Highlights

  • Spa
  • Landscaped Professionally
  • Property is near a park
  • Woodland Elementary School Rated A-
  • Deck
  • Recreation Room

About This Home

As of February 2023

Welcome Home! You are going to truly appreciate this 4 bedroom, 2.1 bathroom, finished basement, 2 car garage and a HUGE .39 Acre fenced in Lot. Sellers have put in excess of 46k of IMPROVEMENTS since moving in 2 years ago! Enjoy the 2254 sq ft above ground and another 740 sq ft finished basement making a total of 2994 of pure enjoyment! OPEN Floor Plan with an UPDATED Kitchen w/granite counters, stainless steel appliances, decorative back splash, canned lighting, and a large island all opening to the SPACIOUS Family Room w/wood burning fireplace. Formal Dining Room and a Living Room w/doors offering versatility, could be a Den/Office/Playroom. The 1st floor laundry room is convenient right off the garage plus an access to the backyard. The 19X12 Master Bedroom has a walk in closet & vanity area plus the private bath with a spa soaker tub and separate shower. Plenty of storage area in your ENTERTAINING STYLE finished basement! The OVERSIZE deck, with hot tub and fire pit opens up the opportunity to experience countless hours of PRICELESS time with your family or friends! 2020 Furnace with Humidifier, A/C, and Water Heater!! 2022 Basement upgrades, 2nd floor carpet, sump pump, dishwasher, 2021 painted deck, 2020 interior painting, premium laminate tile on the main level, microwave, kitchen remodel, 2019 main floor and 2nd floor bathroom remodel. 2010 Roof, Windows, and Vinyl Siding. Only minutes from Gurnee Mills, Six Flags, fantastic restaurants, parks, schools & I-94. A commuters dream! You have to come see this home to appreciate all the extreme value!

Last Agent to Sell the Property

Corey Barker

Keller Williams North Shore West License #475162994 Listed on: 01/06/2023

Keller Williams North Shore West

Last Buyer's Agent

Iris Gomez

Compass License #475193584

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,384

Year Built

  • Built in 1988

Lot Details

  • 0.39 Acre Lot
  • Lot Dimensions are 68x133x134x28x214
  • Fenced Yard
  • Landscaped Professionally
  • Paved or Partially Paved Lot

Parking

  • 2 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Space is Owned

Home Design

  • Asphalt Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,226 Sq Ft Home
  • 2-Story Property
  • Dry Bar
  • Ceiling Fan
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Blinds
  • Sliding Doors
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Recreation Room
  • Laminate Flooring
  • Unfinished Attic

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Garden Bath
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on main level
  • Dryer
  • Washer
  • Sink Near Laundry

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Crawl Space

Home Security

  • Storm Screens
  • Carbon Monoxide Detectors

Outdoor Features

  • Spa
  • Deck
  • Shed
  • Porch

Location

  • Property is near a park

Schools

  • Woodland Elementary School
  • Woodland Middle School
  • Warren Township High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • Westgate Subdivision

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,384

Year Built

Built in 1988

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Subdivision Name: Westgate
  • Year Built: 1988
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Below Grade Finished Sq Ft: 740
  • Fireplace Features: Wood Burning, Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Bar-Dry, Wood Laminate Floors, First Floor Laundry
  • LivingArea: 2226
  • Other Equipment: CO Detectors, Ceiling Fan(s), Sump Pump
  • Room Type: Recreation Room
  • Estimated Total Finished Sq Ft: 2966
  • Basement Description: Finished,Crawl
  • Bathroom Amenities: Separate Shower,Garden Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 2226
  • Basement Sq Ft: 740
  • Fireplace Location: Family Room
  • Total Sq Ft: 2966
  • Attic: Unfinished
  • Main Level Sq Ft: 2226
  • Door Features: Sliding Glass Door(s)
  • Window Features: Blinds
  • ResoLivingAreaSource: Assessor

Exterior Features

  • ExteriorFeatures: Deck, Porch, Hot Tub, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • List Price: 379000
  • Lot Features: Fenced Yard, Landscaped, Sidewalks, Streetlights
  • OtherStructures: Shed(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Asphalt
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Gas Dryer Hookup, Sink
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Woodland Elementary School
  • High School: Warren Township High School
  • Middle/Junior School: Woodland Middle School
  • Middle/Junior School District: 50

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.3864
  • Lot Dimensions: 68X133X134X28X214
  • Rural (Y/N): N
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: No

Tax Info

  • Tax Annual Amount: 9383.52
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2023
Closed on
Feb 2, 2023
Sold by
Shapiro Stuart and Shapiro Sharon
Bought by
Moreno Martin and Felix Jessica
Seller's Agent
Corey Barker
Keller Williams North Shore West
Buyer's Agent
Iris Gomez
Compass
List Price
$379,000
Sold Price
$375,000
Premium/Discount to List
-$4,000
-1.06%
Views
63
Current Estimated Value
$442,091

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,091
Avg. Annual Appreciation
6.16%
Original Mortgage
$368,207
Outstanding Balance
$358,107
Interest Rate
6.25%
Mortgage Type
Construction
Estimated Equity
$76,842

Purchase Details

Closed on
Jan 29, 2021
Sold by
Shapiro David
Bought by
Shapiro Stuart and Shapiro Sharon

Purchase Details

Listed on
Jun 24, 2020
Closed on
Aug 5, 2020
Sold by
Shapiro David
Bought by
Cutting Jill and Craig Adam
Seller's Agent
Julie Gerrits
Berkshire Hathaway HomeServices Chicago
Buyer's Agent
Debbie Brooks
@properties Christie's International Real Estate
List Price
$289,900
Sold Price
$282,000
Premium/Discount to List
-$7,900
-2.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.05%
Original Mortgage
$253,800
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 28, 2016
Closed on
Jun 22, 2016
Sold by
Mruz Daniel J and Mruz Linda S
Bought by
Cutting Jill
Seller's Agent
Kathy Huml
Baird & Warner Fox Valley - Geneva
Buyer's Agent
Venny Rivera
eXp Realty
List Price
$296,000
Sold Price
$277,000
Premium/Discount to List
-$19,000
-6.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.43%
Original Mortgage
$221,600
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 6, 2001
Sold by
Zawojewski Frederick M and Zawojewski Karen M
Bought by
Mruz Daniel J and Mruz Linda S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,000
Interest Rate
7.23%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Moreno Martin $375,000 Chicago Title
Shapiro Stuart -- Chicago Title
Cutting Jill $282,000 Chicago Title
Cutting Jill $277,000 Attorneys Title Guaranty Fun
Mruz Daniel J $252,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moreno Martin $368,207
Previous Owner Cutting Jill $253,800
Previous Owner Cutting Jill $221,600
Previous Owner Mruz Daniel J $143,000
Previous Owner Mruz Daniel J $80,000
Previous Owner Mruz Daniel J $159,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/17/2023 02/17/23 Sold $375,000 -1.1% $168 / Sq Ft
01/13/2023 01/13/23 Pending -- -- --
01/06/2023 01/06/23 For Sale $379,000 +34.4% $170 / Sq Ft
08/10/2020 08/10/20 Sold $282,000 -2.7% $127 / Sq Ft
07/07/2020 07/07/20 Pending -- -- --
06/24/2020 06/24/20 For Sale $289,900 +4.7% $130 / Sq Ft
06/23/2016 06/23/16 Sold $277,000 -3.1% $124 / Sq Ft
04/15/2016 04/15/16 Pending -- -- --
03/14/2016 03/14/16 Price Changed $286,000 -3.4% $128 / Sq Ft
02/28/2016 02/28/16 For Sale $296,000 -- $133 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $10,979 $127,038 $21,722 $105,316
2023 $10,979 $117,944 $20,167 $97,777
2022 $10,374 $110,717 $20,476 $90,241
2021 $9,384 $106,274 $19,654 $86,620
2020 $9,080 $103,662 $19,171 $84,491
2019 $8,819 $100,652 $18,614 $82,038
2018 $8,460 $97,988 $16,786 $81,202
2017 $8,369 $95,180 $16,305 $78,875
2016 $8,298 $90,942 $15,579 $75,363
2015 $8,083 $86,250 $14,775 $71,475
2014 $6,777 $73,753 $16,866 $56,887
2012 $6,427 $74,318 $16,995 $57,323
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11685613

Midwest Real Estate Data (MRED)

APN: 07-10-314-004