7421 Prescott Ln Gurnee, IL 60031
Gurnee AreaEstimated payment $4,586/month
Highlights
- Landscaped Professionally
- Community Lake
- Recreation Room
- Woodland Elementary School Rated A-
- Property is near park
- Wood Flooring
About This Home
Beautifully maintained and spacious 2-story home located in a highly desirable Gurnee neighborhood. This impressive residence offers 4 bedrooms, 2.5 bathrooms, and a versatile layout designed for comfortable everyday living and entertaining. The main level features a highly desirable first-floor bedroom, soaring ceilings, abundant natural light, formal living and dining spaces, and an open-concept layout with hardwood flooring throughout much of the home. The large kitchen offers extensive cabinetry, granite countertops, stainless steel appliances, center island seating, and generous table space overlooking the backyard. Upstairs features 3 additional bedrooms including a spacious primary suite with a large en-suite bath, dual vanity, soaking tub, and separate shower. A huge second-floor loft provides incredible flexibility and can easily be converted into a 5th bedroom, office, or additional family room. The home also offers oversized bedrooms, updated bathrooms, and a full unfinished basement ready for your finishing ideas. Situated on a beautifully landscaped lot with excellent curb appeal, attached garage, and convenient access to parks, schools, shopping, restaurants, and expressways. A fantastic opportunity with space, functionality, and long-term flexibility.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $15,522
Year Built
- Built in 2000
Lot Details
- 12,197 Sq Ft 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
- 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
- Soaking Tub
- 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $15,522 | $185,764 | $31,357 | $154,407 |
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 06/18/2026 06/18/26 | Pending | -- | -- | -- | |
| 05/27/2026 05/27/26 | For Sale | $599,900 | +42.8% | $156 / 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $386,141 | FHA | |
| Previous Owner | $300,000 | New Conventional | |
| Previous Owner | $295,500 | Unknown | |
| Previous Owner | $296,000 | No Value Available | |
| Previous Owner | $315,850 | Unknown | |
| Previous Owner | $307,000 | No Value Available |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12660094
APN: 07-19-216-003
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Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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