7421 Prescott Ln Gurnee, IL 60031
Estimated payment $4,537/month
Highlights
- Landscaped Professionally
- Community Lake
- Recreation Room
- Woodland Elementary School Rated A-
- Property is near park
- Wood Flooring
About This Home
Spacious and beautifully maintained 4-bedroom, 2.5-bath home in desirable Gurnee location! This well-appointed home offers a functional and flexible layout with hardwood flooring throughout the entire main level and second floor, with comfortable carpeting in the expansive primary bedroom. The main level features a bright kitchen with stainless-steel range hood, updated lighting, ample electric outlets, and an open flow into the family room-perfect for everyday living and entertaining. Enjoy both formal living and dining rooms, plus a private office or optional 4th bedroom. A convenient main-floor laundry room and updated half bath complete the first level. Upstairs, you'll find a massive primary suite retreat along with two additional generously sized bedrooms, a full hall bath with a new toilet, and a large loft area ideal for a second living space, playroom, or home office. The huge full basement provides endless possibilities for storage, recreation, or future finishing. Additional updates and improvements include repaired and refinished half bath wall, bidet spray, ceiling lights and fans in the family room, living room, and dining room, Nest thermostat, water heater, gutters, new fence, and backyard enhancements. Move-in ready with space, style, and thoughtful updates throughout!
Listing Agent
Anita Willms
Redfin Corporation Brokerage Phone: (224) 699-5002 License #475181459 Listed on: 02/25/2026
Open House Schedule
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Saturday, February 28, 202612:00 to 2:00 pm2/28/2026 12:00:00 PM +00:002/28/2026 2:00:00 PM +00:00Add to Calendar
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Sunday, March 01, 202612:00 to 2:00 pm3/1/2026 12:00:00 PM +00:003/1/2026 2:00:00 PM +00:00Add to Calendar
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $15,522
Year Built
- Built in 2000
Lot Details
- 0.28 Acre Lot
- Lot Dimensions are 84x124x108x127
- Cul-De-Sac
- Landscaped Professionally
- Paved or Partially Paved Lot
HOA Fees
- $23 Monthly HOA Fees
Parking
- 3 Car Attached Garage
- Parking Available
- Garage Door Opener
- Parking Included in Price
Home Design
- Brick Exterior Construction
- Vinyl Siding
Interior Spaces
- 3,842 Sq Ft Home
- 3-Story Property
- Ceiling Fan
- Fireplace With Gas Starter
- Drapes & Rods
- Blinds
- Stained Glass
- Window Screens
- Sliding Doors
- Family Room
- Living Room
- Formal Dining Room
- Recreation Room
- Loft
- Partially Finished Basement
- Basement Fills Entire Space Under The House
- Pull Down Stairs to Attic
Kitchen
- Oven
- Range with Range Hood
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
- Stone
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- Walk-In Closet
- Bidet
- Separate Shower
Laundry
- Laundry Room
- Laundry on main level
- Dryer
- Washer
Schools
- Woodland Elementary School
- Woodland Middle School
- Warren Township High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
Additional Features
- Patio
- Property is near park
Community Details
Overview
- Timberwoods Association, Phone Number (847) 665-9515
- Timberwoods Subdivision
- Property managed by Timberwoods
- Community Lake
Amenities
- Laundry Facilities
Recreation
- Horse Trails
Map
Home Values in the Area
Average Home Value in this Area
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 | $14,432 | $166,793 | $28,155 | $138,638 |
| 2023 | $14,081 | $154,854 | $26,140 | $128,714 |
| 2022 | $14,081 | $150,461 | $26,147 | $124,314 |
| 2021 | $12,648 | $137,489 | $25,098 | $112,391 |
| 2020 | $12,258 | $134,109 | $24,481 | $109,628 |
| 2019 | $11,378 | $130,215 | $23,770 | $106,445 |
| 2018 | $11,643 | $134,671 | $27,924 | $106,747 |
| 2017 | $11,521 | $130,812 | $27,124 | $103,688 |
| 2016 | $11,437 | $135,077 | $25,916 | $109,161 |
| 2015 | $12,096 | $128,108 | $24,579 | $103,529 |
| 2014 | $11,719 | $125,163 | $24,264 | $100,899 |
| 2012 | $11,099 | $126,122 | $24,450 | $101,672 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 02/25/2026 02/25/26 | For Sale | $627,000 | +49.3% | $163 / Sq Ft | |
| 08/31/2021 08/31/21 | Sold | $420,000 | -2.1% | $105 / Sq Ft | View Prior Sale |
| 07/01/2021 07/01/21 | Pending | -- | -- | -- | |
| 06/17/2021 06/17/21 | For Sale | $429,000 | +14.4% | $107 / Sq Ft | |
| 05/03/2016 05/03/16 | Sold | $375,000 | -6.0% | $94 / Sq Ft | View Prior Sale |
| 03/07/2016 03/07/16 | Pending | -- | -- | -- | |
| 02/25/2016 02/25/16 | Price Changed | $399,000 | -2.4% | $100 / Sq Ft | |
| 01/14/2016 01/14/16 | For Sale | $409,000 | -- | $102 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $420,000 | Proper Title Llc | |
| Warranty Deed | $375,000 | Attorneys Title Guaranty Fun | |
| Warranty Deed | $370,000 | -- | |
| Corporate Deed | $341,500 | First American Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $386,141 | FHA | |
| Previous Owner | $300,000 | New Conventional | |
| Previous Owner | $296,000 | No Value Available | |
| Previous Owner | $307,000 | No Value Available | |
| Closed | $37,000 | No Value Available |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12568643
APN: 07-19-216-003
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Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
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Ask me questions while you tour the home.