NOT LISTED FOR SALE

3976 Drexel Ave Gurnee, IL 60031

Gurnee Area

Estimated Value: $402,000 - $520,000

4 Beds
4 Baths
2,794 Sq Ft
$163/Sq Ft Est. Value

Sale Details

Date Sold: August 30, 2022

Last sale price $340,000 $122 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $3,463 / mo

3 Days on Market

Highlights

  • Multiple Garages
  • Colonial Architecture
  • Fenced Yard
  • Warren Township High School Rated A
  • Property is near park
  • 4 Car Attached Garage

About This Home

As of August 2022

Opportunity awaits! Rare Gurnee duplex available! Perfect location and amazing investment property. Live in one side- rent out the other or rent both! Both units feature a full basement and two-car garage. 3890 unit has been updated with new appliances (2020) fresh paint and carpet in 2021. The roof was replaced in 2020. Photos reflect current tenant occupancy. More to come soon! Big fenced in yard is a plus. Very quiet and relaxing with great sunlight! Please Note washers and dryers in both units belong to the tenanants.

Last Agent to Sell the Property

Lynn Fairfield

RE/MAX Suburban License #471002589 Listed on: 07/20/2022

RE/MAX Suburban

Last Buyer's Agent

Martin Sanchez

Exit Strategy Realty License #475160976

Exit Strategy Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,224

Year Built

  • Built in 1991

Lot Details

  • 15,682 Sq Ft Lot
  • Lot Dimensions are 80x202x35x34x105x10x112
  • Fenced Yard
  • Paved or Partially Paved Lot

Parking

  • 4 Car Attached Garage
  • Multiple Garages
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Duplex
  • Colonial Architecture
  • Asphalt Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • Ceiling Fan
  • Entrance Foyer

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 4 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Home Security

  • Storm Screens
  • Carbon Monoxide Detectors

Schools

  • Warren Township High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Patio
  • Property is near park

Community Details

  • 2 Units
  • Colonial

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,224

Year Built

Built in 1991

Lot Details

0.36 Acres

Parking

4

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Colonial
  • New Construction: No
  • Year Built: 1991
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • General Information: School Bus Service,Commuter Bus,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Other Equipment: CO Detectors, Ceiling Fan(s), Sump Pump
  • Room Type: Foyer
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave,Central Air Conditioner,Garage/Space,Laundry Hook-Up,Hardwood Floors,Walk-In Closet
  • MRD_AppliancesAndFeatures: Refrigerator,Dishwasher,Microwave,Central Air Conditioner,Garage/Space,Laundry Hook-Up,Hardwood Floors,Walk-In Closet

Exterior Features

  • ExteriorFeatures: Patio, Storms/Screens
  • Foundation Details: Concrete Perimeter
  • Lot Features: Fenced Yard
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 4
  • Number of Cars: 4
  • Garage Details: Garage Door Opener(s),Transmitter(s),Multiple Garages
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Park, Sidewalks, Street Lights, Street Paved
  • Conversion YN: N

Schools

  • High School: Warren Township High School

Lot Info

  • Lot Size Acres: 0.36
  • Lot Dimensions: 80X202X35X34X105X10X112
  • Zoning: MULTI
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 10224.44
  • Tax Year: 2021
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: Duplex Side by Side

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
Jul 20, 2022
Closed on
Aug 30, 2022
Sold by
Bought by
Seller's Agent
Lynn Fairfield
RE/MAX Suburban
Buyer's Agent
Martin Sanchez
Exit Strategy Realty
List Price
$325,000
Sold Price
$340,000
Premium/Discount to List
$15,000
4.62%
Views
15
Current Estimated Value
$455,322

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,322
Avg. Annual Appreciation
7.74%
Original Mortgage
$333,841
Interest Rate
0.0475%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 12, 2015
Sold by
Bought by

Purchase Details

Closed on
Apr 17, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
0.0595%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

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 Buyer Sale Price Title Company
$340,000 --
-- Attorney
$225,000 Matc
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 Borrower Loan Amount
Open $333,841
Previous Owner $180,000
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
08/30/2022 08/30/22 Sold $340,000 +4.6% $122 / Sq Ft
07/24/2022 07/24/22 Pending -- -- --
07/20/2022 07/20/22 For Sale $325,000 0.0% $116 / Sq Ft
01/06/2018 01/06/18 Rented $1,450 +3.6% --
01/05/2018 01/05/18 Under Contract -- -- --
12/17/2017 12/17/17 For Rent $1,400 0.0% --
09/29/2017 09/29/17 Rented $1,400 0.0% --
09/05/2017 09/05/17 For Rent $1,400 -- --
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 $11,787 $140,104 $23,077 $117,027
2024 $11,635 $123,560 $20,352 $103,208
2023 $11,214 $114,715 $18,895 $95,820
2022 $11,214 $111,589 $21,135 $90,454
2021 $10,224 $107,112 $20,287 $86,825
2020 $9,929 $104,479 $19,788 $84,691
2019 $9,694 $101,446 $19,214 $82,232
2018 $7,942 $82,064 $21,595 $60,469
2017 $7,870 $79,712 $20,976 $58,736
2016 $7,669 $76,163 $20,042 $56,121
2015 $7,491 $72,234 $19,008 $53,226
2014 $9,599 $95,774 $11,816 $83,958
2012 $9,070 $96,507 $11,906 $84,601
Source: Public Records

Agents Affiliated with this Home

  • Lynn Fairfield

    Seller's Agent in 2022

    Lynn Fairfield

    RE/MAX Suburban

    (847) 373-3311

    158 Total Sales

    Lynn Fairfield
    Section Image
  • Martin Sanchez

    Buyer's Agent in 2022

    Martin Sanchez

    Exit Strategy Realty

    (847) 987-2198

    27 Total Sales

    Martin Sanchez
    Section Image

  • S

    Buyer's Agent in 2017

    Susan Rosso

    Core Realty & Investments

See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11470022

Midwest Real Estate Data (MRED)

APN: 07-24-103-020

Illinois Lake County Gurnee 60031

3976 Drexel Ave, Gurnee, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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