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3855 Grand Avenue

Gurnee, IL 60031
Directions
$410,000
4beds
2baths
sqft
0.24acres
Anything from "is it priced right?" to "what's the catch?"

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!"
MLS Description — as provided by the listing brokerage.

The facts

Property typeResidential Income
Year built1952
Age band71-80 Years
Garage spaces2
Total parking10
Lot size0.24 acres
Lot dimensions76X137
AreaGurnee
Architectural styleRanch
Bedrooms (total)4
Annual tax$6,916.6
First listedMar 31, 2026
Parcel #07241060210000
CountyLake
MLS #MRD12606141
Days on market35
Photos20

Features

Heating
Natural Gas
Parking
YesGarage OwnedDetachedOff StreetDrivewayOwnedGarage
Construction
Aluminum Siding
Sewer
Public Sewer

Mentioned in description

dwello's AI pulled these details from the agent's listing description. Each is a direct quote — verify anything critical with the agent.

  • ✨ Updated Kitchen “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.”
  • ✨ Recent Roof/HVAC/Windows “Brand New (2026): Two 95% high-efficiency furnaces. Newer (2018/2019): Full roof replacement on both the house and garage (2018), all-new energy-efficient windows throughout (2019)”
Listed by
Core Realty & Investments Inc.
Gilbert Abington · 847-780-6564

Listing courtesy of mred MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of 5/4/2026, 7:32:04 PM. All data should be independently verified.

$410,000
4 bd · 2 ba
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