$426,420 - $464,000
RENTED APR 30, 2025

6264 Formoor Ln Unit 4 Gurnee, IL 60031

4 Beds
3 Baths
2,628 Sq Ft
$171 Price per Sq Ft

Last Sold June 04, 2019

Last sale price $315,000 $120 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $3,328/month

About This Home

As of June 2019

Spacious 4-Bedroom Rental in Fairway Ridge - Gurnee, IL Welcome to 6264 Formoor Ln, Gurnee, IL 60031. This well-maintained four-bedroom, three-bathroom home in the desirable Fairway Ridge subdivision offers 2,628 square feet of living space with modern amenities, a functional layout, and a convenient location near schools, shopping, and dining. The home features a spacious layout with ten total rooms, including a finished walkout basement. The generously sized bedrooms offer comfortable carpet flooring, while the primary suite includes a whirlpool tub, separate shower, and double sink. The updated kitchen boasts stainless steel appliances, an island, a pantry closet, and an eat-in space, making it a great area for cooking and entertaining. Vaulted ceilings and a wet bar add character and functionality to the home, creating a welcoming atmosphere. Outdoor living is enhanced with a balcony, deck, and brick paver patio set against a wooded backdrop, providing a serene space for relaxation. The attached two-car garage includes a garage door opener and transmitter for added convenience. The home is equipped with central and zoned HVAC, ensuring year-round comfort. Additional features include a humidifier, security system, ceiling fan, sump pump, and in-unit laundry. This property is pet-friendly, allowing dogs and cats with an additional rent and deposit. Located in the highly rated Woodland (50) and Warren Township (121) school districts, it offers easy access to parks, shopping, dining, and major highways.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2019
Closed on
May 16, 2019
Sold by
Anant Shankar and Anant Archana S
Bought by
Barbagallo Franco and Barbagallo Anna Magdalena
Seller's Agent
Marco Amidei
RE/MAX Suburban
Buyer's Agent
Michael Steber
Keller Williams North Shore West
List Price
$329,900
Sold Price
$315,000
Premium/Discount to List
-$14,900
-4.52%
Current Estimated Value
$448,605

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$133,605
Avg. Annual Appreciation
6.03%
Original Mortgage
$299,250
Outstanding Balance
$266,105
Interest Rate
4.37%
Mortgage Type
New Conventional
Estimated Equity
$182,500

Purchase Details

Closed on
Sep 5, 2002
Sold by
Powers John H and Powers Roxanne
Bought by
Anant Shankar and Anant Archana S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,600
Interest Rate
4.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 12, 1996
Sold by
Johnson Michael A and Johnson Katherine D
Bought by
Powers John H and Powers Roxanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
8.29%
Mortgage Type
Balloon

Purchase Details

Closed on
Jan 3, 1996
Sold by
Northern Tr Bank Lake Forest Natl Assn
Bought by
Johnson Michael A and Johnson Katherine D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,750
Interest Rate
5.75%
Source: Public Records

Range of Values:

Collateral Analytics

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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
Barbagallo Franco $315,000 First American Title
Anant Shankar $342,000 First American Title
Powers John H $210,000 --
Johnson Michael A $204,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barbagallo Franco $299,250
Previous Owner Anant Shankar $208,000
Previous Owner Anant Shankar $178,000
Previous Owner Anant Shankar $228,000
Previous Owner Anant Shankar $291,000
Previous Owner Anant Shankar $273,600
Previous Owner Anant Shankar $273,600
Previous Owner Powers John H $185,000
Previous Owner Johnson Michael A $193,750
Closed Anant Shankar $34,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2025 04/30/25 Rented $3,990 0.0% --
04/15/2025 04/15/25 Price Changed $3,990 -4.9% $2 / Sq Ft
03/20/2025 03/20/25 For Rent $4,195 0.0% --
06/04/2019 06/04/19 Sold $315,000 +1.6% $120 / Sq Ft
05/10/2019 05/10/19 Pending -- -- --
04/05/2019 04/05/19 Price Changed $310,000 -6.0% $118 / Sq Ft
03/08/2019 03/08/19 For Sale $329,900 0.0% $126 / Sq Ft
03/02/2019 03/02/19 Pending -- -- --
01/21/2019 01/21/19 For Sale $329,900 -- $126 / Sq Ft

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 $9,858 $124,950 $16,778 $108,172
2023 $9,858 $108,316 $14,545 $93,771
2022 $9,396 $102,399 $14,547 $87,852
2021 $8,490 $98,290 $13,963 $84,327
2020 $8,215 $95,874 $13,620 $82,254
2019 $7,980 $93,091 $13,225 $79,866
2018 $7,636 $90,424 $16,302 $74,122
2017 $7,554 $87,833 $15,835 $71,998
2016 $7,490 $83,922 $15,130 $68,792
2015 $7,290 $79,592 $14,349 $65,243
2014 $7,332 $80,541 $14,171 $66,370
2012 $7,136 $81,158 $14,280 $66,878
Source: Public Records

Agents Affiliated with this Home

  • Michael Steber

    Seller's Agent in 2025

    Michael Steber

    Keller Williams North Shore West

    (312) 213-4432

    10 in this area

    75 Total Sales

    Michael Steber
    Section Image
  • Pete Mangione

    Buyer's Agent in 2025

    Pete Mangione

    Coldwell Banker Realty

    (312) 339-1874

    120 Total Sales

    Pete Mangione
    Section Image
  • Marco Amidei

    Seller's Agent in 2019

    Marco Amidei

    RE/MAX Suburban

    (847) 367-4886

    17 in this area

    519 Total Sales

    Marco Amidei
    Section Image
  • Jacqueline Koukol

    Seller Co-Listing Agent in 2019

    Jacqueline Koukol

    Remax Suburban

    (847) 736-4610

    6 in this area

    106 Total Sales

    Section Image
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Map

Illinois Lake County Gurnee 60031

6264 Formoor Ln Unit 4, Gurnee, IL

This home is located at 6264 Formoor Ln Unit 4, Gurnee, IL 60031 and is currently estimated at $448,605, approximately $170 per square foot. 6264 Formoor Ln Unit 4 is a home located in Lake County with nearby schools including Woodland Primary School, Woodland Elementary School, and Woodland Intermediate School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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