$400,000
SOLD JUN 26, 2026

3855 Grand Ave Gurnee, IL 60031

Gurnee Area
4 Beds
2 Baths
1,836 Sq Ft
10,454 Sq Ft Lot

Sale Details

Date Sold: June 26, 2026

$218 Per Sq Ft

2% Below List Price

Highlights

  • Ranch Style House
  • 2 Car Detached Garage
  • Soaking Tub
  • Warren Township High School Rated A

About This Home

As of June 2026

"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!"

Last Agent to Sell the Property

Gilbert Abington

Core Realty & Investments Inc. License #475172619 Listed on: 03/31/2026

Core Realty & Investments Inc.

Last Buyer's Agent

Virgilio Arreguin-Solorio

My Casa Realty Corp. License #471021709

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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,917

Year Built

  • Built in 1952 | Remodeled in 2026

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 76x137

Parking

  • 2 Car Detached Garage
  • Parking Available
  • Driveway
  • Off-Street Parking
  • Parking Included in Price

Home Design

  • Ranch Style House
  • Aluminum Siding

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms
  • Soaking Tub

Unfinished Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Community Details

  • 2 Units
  • Gross Income $19,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,917

Year Built

Built in 1952 | Remodeled in 2026

Lot Details

10,454 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Year Built: 1952
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2026
  • Actual Status: Closed
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2026

Interior Features

  • Basement: Unfinished, Full
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Bathroom Amenities: Soaking Tub
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave,Central Air Conditioner,Garage/Space,Laundry Hook-Up,Hardwood Floors,Accessible Entrance
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Central Air Conditioner,Garage/Space,Laundry Hook-Up,Range Hood,Hardwood Floors,Accessible Entrance

Exterior Features

  • Construction Materials: Aluminum Siding
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Yes, Garage Owned, Detached, Off Street, Driveway, Owned, Garage
  • ParkingTotal: 10

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Lake Michigan, Public

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.24
  • Lot Dimensions: 76X137
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 10
  • Is Parking Included in Price: Yes

Multi Family

  • GrossIncome: 19200
  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 6916.6
  • Tax Year: 2025

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2026
Closed on
May 27, 2026
Sold by
Bought by
Seller's Agent
Gilbert Abington
Core Realty & Investments Inc.
Buyer's Agent
Virgilio Arreguin-Solorio
My Casa Realty Corp.
List Price
$410,000
Sold Price
$400,000
Premium/Discount to List
-$10,000
-2.44%
Views
55

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.77%
Original Mortgage
$320,000
Outstanding Balance
$319,796
Interest Rate
8.25%
Mortgage Type
New Conventional
Estimated Equity
$83,580

Purchase Details

Listed on
Apr 17, 2018
Closed on
May 6, 2018
Sold by
Bought by
Seller's Agent
Snezhina (Anna) Granat
Granat Realty Inc.
Buyer's Agent
Gilbert Abington
Core Realty & Investments Inc.
List Price
$128,000
Sold Price
$128,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.06%
Original Mortgage
$125,200
Interest Rate
4.4%
Mortgage Type
Construction

Purchase Details

Listed on
Nov 1, 2017
Closed on
Dec 20, 2017
Sold by
Bought by
Seller's Agent
Alissa Francke
HomeSmart Leading Edge
Buyer's Agent
Eric Francke
Redfin Corporation
Sold Price
$900

Purchase Details

Closed on
May 2, 2007
Sold by
Bought by

Purchase Details

Closed on
Sep 29, 2004
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Gurnee, IL

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $400,000 Chicago Title
Special Warranty Deed $128,000 Attorney
Quit Claim Deed -- None Available
Deed $33,200 None Available
Deed $180,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $320,000 New Conventional
Previous Owner $202,500 New Conventional
Previous Owner $125,000 Commercial
Previous Owner $125,200 Construction
Previous Owner $188,000 Unknown
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/26/2026 06/26/26 Sold $400,000 -2.4% $218 / Sq Ft
05/06/2026 05/06/26 Pending -- -- --
05/03/2026 05/03/26 For Sale $410,000 0.0% $223 / Sq Ft
04/09/2026 04/09/26 Off Market $410,000 -- --
05/15/2018 05/15/18 Sold $128,000 0.0% $70 / Sq Ft View Prior Sale
04/18/2018 04/18/18 Pending -- -- --
04/17/2018 04/17/18 For Sale $128,000 0.0% $70 / Sq Ft
12/01/2017 12/01/17 Rented $900 0.0% --
11/08/2017 11/08/17 Under Contract -- -- --
11/01/2017 11/01/17 For Rent $900 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $6,917 $75,504 $15,909 $59,595
2024 $6,270 $66,589 $14,031 $52,558
2023 $4,716 $61,823 $13,027 $48,796
2022 $4,716 $46,928 $14,572 $32,356
2021 $4,300 $45,045 $13,987 $31,058
2020 $4,176 $43,938 $13,643 $30,295
2019 $4,077 $42,662 $13,247 $29,415
2018 $4,745 $49,030 $14,889 $34,141
2017 $4,702 $47,625 $14,462 $33,163
2016 $4,582 $45,504 $13,818 $31,686
2015 $4,475 $43,156 $13,105 $30,051
2014 $5,829 $58,164 $7,922 $50,242
2012 $5,509 $58,610 $7,983 $50,627
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12606141

Midwest Real Estate Data (MRED)

APN: 07-24-106-021

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