3855 Grand Avenue, Gurnee, IL 60031
Local realty services provided by:Results Realty ERA Powered
3855 Grand Avenue,Gurnee, IL 60031
$400,000
- 4 Beds
- 2 Baths
- - sq. ft.
- Multi-family
- Sold
Listed by: gilbert abington
Office: core realty & investments inc.
MLS#:12606141
Source:MLSNI
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Price summary
- Price:$400,000
About this home
"Incredible turn-key investment or owner-occupied opportunity in the heart of Gurnee! This meticulously maintained 2-unit property has been completely transformed with nearly every major system updated for maximum efficiency and zero stress. **Unmatched Mechanicals & Exterior:** * **Zero Owner Utility Expense:** Both units feature **completely separate utilities** (Gas, Electric, and Water/Sewer). **Tenants pay for all utilities-the owner pays nothing.** * **Brand New (2026):** Two 95% high-efficiency furnaces ensuring ultra-low utility costs for tenants. * **Newer (2018/2019):** Full roof replacement on both the house and garage (2018), all-new energy-efficient windows throughout (2019), and added insulation in the attic on both sides. * **Systems:** Both units feature central air and have been fully and correctly rewired. **Modernized Interiors:** * **Unit 1:** Rehabbed in 2024 with a stylish new kitchen and modern bathroom. * **Unit 2:** Freshly updated in 2018 with a brand-new kitchen and bathroom. **Prime Location & Conveniences:** Complete with a detached 2-car garage featuring newer openers (2018). You are perfectly positioned for entertainment and convenience-just minutes from **Six Flags Great America**, the **American Place Casino**, and the massive shopping and dining district at **Gurnee Mills**. Quick access to I-94 makes commuting a breeze. Current rents have significant room for growth to meet market demand, providing immediate upside for the savvy investor. Truly a 'set it and forget it' property-**with all utilities separated and tenant-paid**, this is the perfect high-performance gem for adding to a portfolio or living in one unit while the other pays your mortgage. Don't miss out!"...
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Home facts
- Year built:1952
- Listing ID #:12606141
- Updated:July 06, 2026 at 10:28 AM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Full bathrooms:2
- Rooms Total:8
- Bathrooms Description:Soaking Tub
- Basement Description:Full, Unfinished
Heating and cooling
- Heating:Natural Gas
Structure and exterior
- Year built:1952
- Architectural Style:Ranch
Utilities
- Water:Lake Michigan, Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$400,000
- Tax amount:$6,917 (2025)
Parking
- Total parking spaces:10
- Parking description:Detached Garage, Driveway, Garage, Off Street
- Garage:Yes
- Garage spaces:2
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