3855 Grand Avenue, Gurnee, Illinois 60031
$410,000
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For Sale
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| Status: | Contingent |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 4 |
| Baths: | 0 |
| Year Built: | 1952 |
| Property Taxes: | $6,917 |
| Lot Size: | 0,24 |
Description
"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!"
Property Specifics
| Multi-unit | |
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| 1952 | |
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| No | |
| 0.24 |
| Lake | |
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| — / — | |
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| 12606141 | |
| 07241060210000 |
Room Specifics
Total Bedrooms: 4
Bedrooms Above Ground: 4
Bedrooms Below Ground: 0
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Full Bathrooms: 2
Bathroom Amenities: Soaking Tub
Bathroom in Basement: —
Rooms: —
Basement Description: —
Other Specifics
| 2 | |
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| 76X137 | |
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| Not in DB | |
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Listing Provided By
Core Realty & Investments Inc.
