NOT LISTED FOR SALE

3978 Blackstone Ave Gurnee, IL 60031

Estimated Value: $440,655 - $609,000

6 Beds
4 Baths
2,696 Sq Ft
$199/Sq Ft Est. Value

Last Sold August 17, 2023

Last sale price $525,000 $195 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,772/month

6 Days on Market

Highlights

  • Ranch Style House
  • 3 Car Attached Garage
  • Shed
  • Warren Township High School Rated A
  • Brick Porch or Patio
  • Fire Pit

About This Home

As of August 2023

FANTASTIC opportunity to own a rare gem side by side RANCH duplex home in Gurnee! Live in one unit and rent the other out or rent out both units. Longtime owner has meticulously maintained and UPDATED this 2 unit home for nearly 40 years. East unit has been extensively remodeled and upgraded by retired Northshore contractor/ carpenter who uses home as his primary residence. This unit is 3 bedrooms and 2 full bathrooms upstairs with additional 4th bedroom and 3rd full bathroom in FINISHED basement. GLEAMING hardwood floor throughout. NEW kitchen in 2021 features Shiloh brand maple custom cabinetry with two piece matching crown molding, quartz tops and backsplash, commercial quality stainless steal Jennair gas range, fridge, DW and range hood, Kohler sink, faucet and solid brass hardware from Studio 41. Master bedroom is a dream that features private spa like full bathroom. FINISHED basement is a great additional living space. In addition to a bedroom and full bathroom it features a sauna and additional storage space. BEAUTIFUL brick paver patio outside to enjoy nature. West unit was completed remodeled in June 2023. NEW water proof Pergo floors in all main living areas. NEW carpet and shelving in 2 bedrooms and their respective closets. UPDATED kitchen features white cabinetry, NEW hardware, NEW countertops, NEW Kohler sink and faucet, NEW LG gas range with built in air fryer, NEW LG refrigerator, and Bosch dishwasher. UPDATED bathroom features Pergo flooring, updated vanity, and cast iron tub shower. Enjoy cozy nights by full masonry fireplace. NEW 12X12 concrete patio right off kitchen. Close to shopping, parks, and schools. Gurnee schools. Schedule a showing today. This is a must see and a once in a lifetime opportunity to own a duplex in Gurnee. Schedule a showing today! This is a must see home. Check out virtual tour and floor plans!

Last Agent to Sell the Property

Benjamin Hickman

RE/MAX Plaza License #475159801 Listed on: 07/02/2023

RE/MAX Plaza

Last Buyer's Agent

James Smith

RE/MAX Plaza License #475096614

RE/MAX Plaza

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,461

Year Built

  • Built in 1982 | Remodeled in 2021

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 100x135
  • Paved or Partially Paved Lot

Parking

  • 3 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Duplex
  • Ranch Style House
  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • Ceiling Fan

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 4 Bathrooms

Partially Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Home Security

  • Storm Screens
  • Carbon Monoxide Detectors

Outdoor Features

  • Brick Porch or Patio
  • Fire Pit
  • Shed

Schools

  • Warren Township High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Multiple Water Heaters

Community Details

  • 2 Units
  • Beautiful

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,461

Year Built

Built in 1982 | Remodeled in 2021

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Year Built: 1982
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2021
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2021

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 6
  • Other Equipment: CO Detectors, Ceiling Fan(s), Sump Pump, Multiple Water Heaters
  • Basement Description: Partially Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Disposal,Central Air Conditioner,Fireplace-Gas,Garage/Space,Laundry Hook-Up,Hardwood Floors,Skylights/Windows
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Central Air Conditioner,Fireplace-Wood,Garage/Space,Laundry Hook-Up

Exterior Features

  • ExteriorFeatures: Brick Paver Patio, Storms/Screens, Fire Pit
  • Foundation Details: Concrete Perimeter
  • List Price: 525000
  • OtherStructures: Shed(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 3
  • Parking Features: Driveway
  • ParkingTotal: 3
  • Number of Cars: 6
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Paved

Schools

  • High School: Warren Township High School
  • Middle/Junior School District: 56

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.3
  • Lot Dimensions: 100X135
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 10461.08
  • Tax Year: 2022
  • Tax Exemptions: Homeowner,Senior

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: Duplex Side by Side

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2023
Closed on
Aug 16, 2023
Sold by
Eimerman James A and Eimerman Kim E
Bought by
Serdar Matthew J
Seller's Agent
Benjamin Hickman
RE/MAX Plaza
Buyer's Agent
James Smith
RE/MAX Plaza
List Price
$525,000
Sold Price
$525,000
Views
164
Current Estimated Value
$537,164

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,164
Avg. Annual Appreciation
0.73%
Original Mortgage
$300,000
Outstanding Balance
$293,064
Interest Rate
6.25%
Mortgage Type
New Conventional
Estimated Equity
$239,808
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
Serdar Matthew J $525,000 Ata Gmt Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Serdar Matthew J $300,000
Previous Owner Eimerman James A $77,000
Previous Owner Eimerman James A $35,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2023 08/17/23 Sold $525,000 0.0% $195 / Sq Ft
07/09/2023 07/09/23 Pending -- -- --
07/02/2023 07/02/23 For Sale $525,000 -- $195 / 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 $10,411 $127,798 $18,028 $109,770
2023 $10,461 $118,651 $16,738 $101,913
2022 $10,461 $115,098 $18,723 $96,375
2021 $6,591 $110,480 $17,972 $92,508
2020 $6,562 $107,764 $17,530 $90,234
2019 $6,512 $104,635 $17,021 $87,614
2018 $7,027 $82,414 $19,129 $63,285
2017 $7,311 $80,053 $18,581 $61,472
2016 $7,097 $76,489 $17,754 $58,735
2015 $6,901 $72,543 $16,838 $55,705
2014 $8,996 $95,715 $10,180 $85,535
2012 $8,520 $96,448 $10,258 $86,190
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11809394

Midwest Real Estate Data (MRED)

APN: 07-24-134-007