$235,000

5118 Carol Ln Unit 16 Gurnee, IL 60031

Estimated payment $2,150/month

Total Views 22,378
3 Beds
2.5 Baths
1,540 Sq Ft
$153 Price per Sq Ft

Highlights

  • L-Shaped Dining Room
  • Community Pool
  • Walk-In Closet
  • Warren Township High School Rated A
  • Stainless Steel Appliances
  • Breakfast Bar

About This Home

Don't miss this fantastic 3-bedroom, 2.5-bathroom townhouse, tenant-occupied (month to month). An ideal opportunity for immediate rental income! Conveniently located just minutes from Gurnee Mills, Rt 41, and I-94, with shopping, dining, and entertainment all within easy reach. Spacious home with 2 car garage .Make it your HOME or a perfect addition to your investment portfolio!

Last Listed By

Bahareh Rezvanian

Keller Williams ONEChicago License #475207672 Listed on: 04/24/2025

Keller Williams ONEChicago

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,953

Year Built

  • Built in 1974

Lot Details

  • Lot Dimensions are 66x190

HOA Fees

  • $407 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Included in Price

Home Design

  • Asphalt Roof

Interior Spaces

  • 1,540 Sq Ft Home
  • 2-Story Property
  • Window Screens
  • Family Room
  • Living Room
  • L-Shaped Dining Room

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level

Laundry

  • Laundry Room
  • Dryer
  • Washer

Schools

  • Spaulding Elementary School
  • River Trail Middle School
  • Warren Township High School

Utilities

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

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include pool, exterior maintenance, lawn care, snow removal
  • 6 Units
  • Representative Association, Phone Number (847) 490-3833
  • Pembrook Subdivision
  • Property managed by Pembrook

Recreation

  • Community Pool

Pet Policy

  • Dogs and Cats Allowed

Security

  • Resident Manager or Management On Site

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,953

Year Built

Built in 1974

Lot Details

0

HOA Fees

$407 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Townhouse-2 Story
  • Ownership: Fee Simple w/ HO Assn.
  • EntryLevel: 2
  • New Construction: No
  • Property Sub-Type: Townhouse-2 Story
  • Subdivision Name: Pembrook
  • Year Built: 1974
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 2

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Washer, Dryer, Stainless Steel Appliance(s)
  • Basement: Crawl Space
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Flooring: Laminate
  • Interior Amenities: 1st Floor Full Bath, Walk-In Closet(s)
  • LivingArea: 1540
  • Room Type: Eating Area
  • Stories Total: 2
  • Window Features: Screens
  • Estimated Total Finished Sq Ft: 0
  • Assessed Sq Ft: 1540
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: L-shaped
  • Total Sq Ft: 0
  • Total Sq Ft: 0

Exterior Features

  • Construction Materials: Vinyl Siding
  • List Price: 235000
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: On Site, Garage Owned, Detached, Garage
  • ParkingTotal: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Washer Hookup, In Unit
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 407
  • Association Amenities: Pool
  • Association Fee Frequency: Monthly
  • Management: Manager Off-site
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Pembrook
  • Management Contact Name: Representative
  • Management Phone: 847-490-3833

Fee Information

  • Association Fee Includes: Pool, Exterior Maintenance, Lawn Care, Snow Removal

Schools

  • Elementary School: Spaulding School
  • High School: Warren Township High School
  • Middle/Junior School: River Trail School
  • Middle/Junior School District: 56

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 66X190
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 5953
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 6

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $5,928 $62,953 $8,939 $54,014
2023 $5,928 $58,447 $8,299 $50,148
2022 $5,953 $59,239 $7,544 $51,695
2021 $5,428 $56,862 $7,241 $49,621
2020 $5,271 $55,464 $7,063 $48,401
2019 $4,581 $53,854 $6,858 $46,996
2018 $3,930 $46,699 $4,151 $42,548
2017 $3,886 $45,361 $4,032 $41,329
2016 $3,760 $43,341 $3,852 $39,489
2015 $3,641 $43,268 $3,653 $39,615
2014 $3,354 $39,423 $3,603 $35,820
2012 $3,447 $39,725 $3,631 $36,094
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2025 04/24/25 For Sale $235,000 +58.2% $153 / Sq Ft
09/10/2019 09/10/19 Sold $148,500 -7.1% $96 / Sq Ft
08/07/2019 08/07/19 Pending -- -- --
08/01/2019 08/01/19 For Sale $159,900 -- $104 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $148,500 Chicago Title
Warranty Deed $155,000 First American Title
Warranty Deed $125,000 --
Warranty Deed $125,000 First American Title
Warranty Deed $93,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $117,430 FHA
Previous Owner $24,000 Stand Alone Second
Previous Owner $150,000 FHA
Previous Owner $121,250 FHA
Previous Owner $112,500 Purchase Money Mortgage
Previous Owner $90,100 VA
Source: Public Records

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Source: Midwest Real Estate Data (MRED)

MLS Number: 12346998

Midwest Real Estate Data (MRED)

APN: 07-15-202-006