NOT LISTED FOR SALE

5572 Grand Ave Gurnee, IL 60031

Estimated Value: $3,460,678

-- Bed
-- Bath
15,209 Sq Ft
$228/Sq Ft Est. Value

About This Home

This home is located at 5572 Grand Ave, Gurnee, IL 60031 and is currently estimated at $3,460,678, approximately $227 per square foot. 5572 Grand Ave is a home located in Lake County with nearby schools including Woodland Primary School, Woodland Intermediate School, and Woodland Elementary School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 7, 2006
Sold by
Yao Yao Corp
Bought by
Wayne Hummer Trust Co Na and Atut #Sbl 2137
Current Estimated Value
$3,460,678

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,600,000
Interest Rate
7.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 24, 2004
Sold by
Lin Sheng Ai
Bought by
Yao Yao Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,725,000
Interest Rate
5.71%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 15, 1998
Sold by
Lin Chih Ming and Lin Sheng Ai
Bought by
Lin Chih Ming and Lin Sheng Ai

Purchase Details

Closed on
Nov 8, 1995
Sold by
Ming Lin Company
Bought by
Lin Chih Ming and Lin Sheng Ai

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$981,646
Interest Rate
7.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 6, 1995
Sold by
The Chicago Trust Company
Bought by
Ming Lin Company

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$981,646
Interest Rate
7.7%
Mortgage Type
Commercial

Purchase Details

Closed on
May 19, 1994
Sold by
First Midwest Trust Company
Bought by
Chicago Title & Trust Company

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
8.5%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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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
Wayne Hummer Trust Co Na $2,450,000 None Available
Yao Yao Corp $1,350,000 --
Lin Chih Ming -- --
Lin Chih Ming -- Chicago Title Insurance Co
Ming Lin Company $750,000 Chicago Title Insurance Co
Chicago Title & Trust Company $900,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Wayne Hummer Trust Co Na $1,700,000
Previous Owner Yao Yao Corp $1,725,000
Previous Owner Lin Chih Ming $981,646
Previous Owner Chicago Title & Trust Company $100,000
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 $67,492 $757,342 $396,860 $360,482
2023 $69,486 $675,877 $368,452 $307,425
2022 $69,486 $701,384 $357,721 $343,663
2021 $63,001 $673,242 $343,368 $329,874
2020 $68,269 $689,864 $334,928 $354,936
2019 $68,269 $733,364 $325,204 $408,160
2018 $66,387 $721,176 $319,799 $401,377
2017 $65,732 $700,511 $310,635 $389,876
2016 $65,385 $669,321 $296,804 $372,517
2015 $63,935 $634,789 $281,491 $353,298
2014 $63,075 $631,003 $279,812 $351,191
2012 $54,796 $635,835 $281,955 $353,880
Source: Public Records

Map

Illinois Lake County Gurnee 60031

5572 Grand Ave, Gurnee, IL

This home is located at 5572 Grand Ave, Gurnee, IL 60031 and is currently estimated at $3,460,678, approximately $227 per square foot. 5572 Grand Ave is a home located in Lake County with nearby schools including Woodland Primary School, Woodland Intermediate School, and Woodland Elementary School.

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