NOT LISTED FOR SALE

515 N 1st St Gurnee, IL 60031

Estimated Value: $204,000 - $250,870

3 Beds
1 Bath
1,013 Sq Ft
$214/Sq Ft Est. Value

About This Home

This home is located at 515 N 1st St, Gurnee, IL 60031 and is currently estimated at $217,218, approximately $214 per square foot. 515 N 1st St is a home located in Lake County with nearby schools including Spaulding Elementary School, Viking Middle School, and Warren Township High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 31, 2025
Sold by
Jacobs Douglas R
Bought by
515 N First Street Trust and Buss
Current Estimated Value
$217,218

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$191,194
Outstanding Balance
$190,378
Interest Rate
6.85%
Mortgage Type
Seller Take Back
Estimated Equity
$26,840

Purchase Details

Closed on
Jul 20, 2005
Sold by
Brown Michael E and Brown Kimberly A
Bought by
Jacobs Douglas R

Purchase Details

Closed on
Jun 22, 1998
Sold by
Smith Nancy Jean and Bomberry Mary Ellen
Bought by
Brown Michael E and Brown Kimberly A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,000
Interest Rate
6.12%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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 Buyer Sale Price Title Company
515 N First Street Trust $200,000 Chicago Title
Jacobs Douglas R $210,000 St
Brown Michael E $125,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 515 N First Street Trust $191,194
Previous Owner Brown Michael E $118,000
Source: Public Records

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 $6,434 $68,331 $15,878 $52,453
2023 $6,434 $63,439 $14,741 $48,698
2022 $5,376 $53,500 $15,457 $38,043
2021 $4,669 $48,908 $14,130 $34,778
2020 $3,963 $47,706 $13,783 $33,923
2019 $3,861 $46,321 $13,383 $32,938
2018 $3,880 $45,729 $13,658 $32,071
2017 $3,793 $44,419 $13,267 $31,152
2016 $3,669 $42,441 $12,676 $29,765
2015 $3,552 $40,251 $12,022 $28,229
2014 $3,745 $43,326 $11,843 $31,483
2012 $3,559 $43,658 $11,934 $31,724
Source: Public Records

Map

Illinois Lake County Gurnee 60031

515 N 1st St, Gurnee, IL

This home is located at 515 N 1st St, Gurnee, IL 60031 and is currently estimated at $217,218, approximately $214 per square foot. 515 N 1st St is a home located in Lake County with nearby schools including Spaulding Elementary School, Viking Middle School, and Warren Township High School.

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