$220,000
SOLD JUL 8, 2025

5118 Carol Ln Unit 16 Gurnee, IL 60031

3 Beds
2.5 Baths
1,540 Sq Ft
$407/mo HOA Fee

Recently Sold

$143 Per Sq Ft

6% Below List Price

43 Days on Market

Highlights

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

About This Home

As of July 2025

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 Agent to Sell the Property

Bahareh Rezvanian

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

Keller Williams ONEChicago

Last Buyer's Agent

Alexander Attiah

Fulton Grace Realty License #471011559

Fulton Grace Realty

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

  • Entry on the 2nd floor
  • 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
  • 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: 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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2025
Closed on
Jul 18, 2025
Sold by
Mehr Marjan
Bought by
Matute Hector
Seller's Agent
Bahareh Rezvanian
Keller Williams ONEChicago
Buyer's Agent
Alexander Attiah
Fulton Grace Realty
List Price
$235,000
Sold Price
$220,000
Premium/Discount to List
-$15,000
-6.38%
Views
395
Current Estimated Value
$229,362

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,362
Avg. Annual Appreciation
16.69%
Original Mortgage
$213,400
Outstanding Balance
$213,013
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$16,349

Purchase Details

Listed on
Aug 1, 2019
Closed on
Sep 10, 2019
Sold by
Wayne Harold and Wayne Towinina Annette
Bought by
Mehr Marjan
Seller's Agent
Jim Newcomb
Fulton Grace Realty
Buyer's Agent
saul waimberk
Keller Williams Success Realty
List Price
$159,900
Sold Price
$148,500
Premium/Discount to List
-$11,400
-7.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.97%

Purchase Details

Closed on
May 26, 2004
Sold by
Lawrence Harold S and Lawrence Elvira
Bought by
Wayne Harold

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.17%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 5, 2002
Sold by
Patel Bharat D
Bought by
Lawrence Harold S and Lawrence Elvira

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,250
Interest Rate
6.93%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 11, 2001
Sold by
Hoff Melinda J
Bought by
Patel Bharat D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
7.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 5, 1995
Sold by
Manley Harold M
Bought by
Hoff Melinda J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,100
Interest Rate
7.81%
Mortgage Type
VA
Source: Public Records

Range of Values:

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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

Date Type Sale Price Title Company
Warranty Deed $220,000 Burnet Title
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
Open $213,400 New Conventional
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

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/08/2025 07/08/25 Sold $220,000 -6.4% $143 / Sq Ft
06/06/2025 06/06/25 Pending -- -- --
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 View Prior Sale
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)

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 $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

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12346998

Midwest Real Estate Data (MRED)

APN: 07-15-202-006