NOT LISTED FOR SALE

7016 S Stratton Ln Gurnee, IL 60031

Estimated Value: $244,000 - $294,000

2 Beds
2 Baths
1,396 Sq Ft
$194/Sq Ft Est. Value

About This Home

This home is located at 7016 S Stratton Ln, Gurnee, IL 60031 and is currently estimated at $270,326, approximately $193 per square foot. 7016 S Stratton Ln 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
Mar 26, 2026
Sold by
Rahman Syed
Bought by
Rahman Farah and Rahman Nusrat F
Current Estimated Value
$271,001

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Outstanding Balance
$124,881
Interest Rate
6.22%
Mortgage Type
New Conventional
Estimated Equity
$145,445

Purchase Details

Closed on
Aug 9, 1995
Sold by
Nbd Bank
Bought by
Rahman Syed A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,050
Interest Rate
7.51%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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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
Rahman Farah $125,000 Citywide Title
Rahman Syed A $117,000 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rahman Farah $125,000
Previous Owner Rahman Syed A $103,050
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
2025 $5,612 $81,715 $10,235 $71,480
2024 $5,390 $76,306 $9,558 $66,748
2023 $4,766 $70,844 $8,874 $61,970
2022 $4,766 $59,900 $8,724 $51,176
2021 $4,278 $57,497 $8,374 $49,123
2020 $4,121 $56,084 $8,168 $47,916
2019 $3,991 $54,456 $7,931 $46,525
2018 $3,893 $54,158 $5,755 $48,403
2017 $3,841 $52,606 $5,590 $47,016
2016 $3,774 $50,264 $5,341 $44,923
2015 $4,128 $47,670 $5,065 $42,605
2014 $3,190 $38,402 $4,913 $33,489
2012 $3,670 $40,308 $4,951 $35,357
Source: Public Records

Map

Illinois Lake County Gurnee 60031

7016 S Stratton Ln, Gurnee, IL

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