ActivePrice Reduced

$699,000

$749,000
565 Prescott Lane, Gurnee, IL 60031
4 Beds4 Baths0 sqft60 days
565 Prescott Lane·Gurnee, IL 60031
4Bedrooms
4Bathrooms
0Sq Ft
2000Year Built
About This Home

Gorgeous home in pristine condition has over 3600 SF and has been extremely well maintained, with full bath in full finished basement. Gleaming hardwood floors, Uber crown molding thru out. 2 story family room & foyer allowing natural light to pour in. 3 car garage with utility door to backyard, a door to the basement and one into the mud room. plenty of storage is found here. Currently, there is a ramp leading into the door that goes into the mud room but will be removed if buyer asks. Main floor den with double glass door entry, gas start fireplace in 2 story family room with custom mantel and molding. Fully fenced in yard with brick paver patio, knee wall, 8-sided gazebo which is 14x14 with a turret making outdoor dining and entertaining majestic. Newer HVAC, full house generator, front load washer/dryer and all stainless-steel appliances in kitchen with breakfast bar on island with storage. Loads of 42 inch cabinets, a double door pantry, 2 windows above kitchen sink offering views of backyard and plenty of lower cabinets under solid surface counters. Sliders lead to brick paver patio and huge yard. Opportunity here for a garden, your favorite furry pet or just room to roam. Finished basement has loads of space for rec room, workout space, media and also offers loads of designated storage areas. Loft can be 4th bedroom or you could make the den a perfect main floor bedroom. Zoned heating and air, ceiling fans, multiple walk in closets gorgeous window treatments. Nothing to do but move in! Located in the Timberwoods Community, close to all major transportation, shopping, Warren High School, libraries and all elementary schools. Walk to Timberwoods park only 576 feet from your front door.

MLS# 12562926Listed February 27, 2026ResidentialColonialSubdivision: Timberwoods
Property Details

Beds & Baths

Total Bedrooms4
Total Bathrooms4
Full Baths3
Half Baths1
Total Rooms12

Size & Structure

Living Area0 sqft
Garage Spaces3
Fireplaces1
Year Built2000
Lot Size0.260 acres

Location

CountyLake
TownshipWarren
SubdivisionTimberwoods
Zip Code60031

Financial

List Price$699,000
Original Price$749,000
Annual Taxes (2024)$13,447
Monthly Tax Est.$1,121
Parcel #07192090180000
Interior Features

Appliances

Double OvenMicrowaveDishwasherHigh End RefrigeratorWasherDryerDisposalStainless Steel Appliance(s)CooktopGas CooktopHumidifier

Flooring

HardwoodCarpet

Heating

Natural Gas

Cooling

Central AirZoned

Basement

FinishedFull

Laundry

In UnitSink

Fireplace

Gas LogGas Starter

Accessibility

Main Level EntryOther Main Level ModificationsRamp - Main LevelWheelchair AdaptableWheelchair Ramp(s)
Exterior & Lot

Construction

Brick

Roof

Asphalt

Foundation

Concrete Perimeter

Patio & Porch

Patio

Lot Features

LandscapedMature Trees
Utilities & Parking

Sewer

Storm Sewer

Water Source

Public

Parking

AsphaltBrick DrivewayGarage Door OpenerTandemYesGarage OwnedAttachedGarage
HOA & Community
HOA Fee
$0
Not Applicable

HOA Includes

None

Community Features

ParkLakeCurbsSidewalksStreet LightsStreet Paved
Schools
Elementary
Woodland Elementary School
District: 50
Middle School
Woodland Jr High School
District: 50
High School
Warren Township High School
District: 121
Tax & Financial
Annual Taxes
$13,447
Tax Year 2024
Monthly Tax Est.
$1,121
per month
Price Reduced by $50,000
Original list price: $749,000
Property Location

565 Prescott Lane, Gurnee, IL 60031Lake County

$699,000
565 Prescott Lane
4 bd4 ba0 sqft
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
60 days on market
3-car garage
1 fireplace
0.260 acres
$13,447/yr taxes
$0 HOA (not applicable)
Price reduced $50,000
$4,794
estimated monthly payment
Principal & Interest
$3,674/mo
Property Tax
$1,121/mo
$699,000
20% — $139,800
3%50%
6.875%
3%12%
Loan Amount
$559,200
Down Payment
$139,800

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
Coldwell Banker Realty
Agent: Peggy Cobrin
REALTOR® Logo
Equal Housing Opportunity LogoEqual Housing Opportunity

Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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.

© 2026 MLS GRID. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use.