ActivePrice Reduced

$615,000

$627,000
7421 Prescott Lane, Gurnee, IL 60031
4 Beds3 Baths4,008 sqft30 days
7421 Prescott Lane·Gurnee, IL 60031
4Bedrooms
3Bathrooms
4,008Sq Ft
2000Year Built
About This Home

Spacious and beautifully maintained 4-bedroom, 2.5-bath home in desirable Gurnee location! This well-appointed home offers a functional and flexible layout with hardwood flooring throughout the entire main level and second floor, with comfortable carpeting in the expansive primary bedroom. The main level features a bright kitchen with stainless-steel range hood, updated lighting, ample electric outlets, and an open flow into the family room-perfect for everyday living and entertaining. Enjoy both formal living and dining rooms, plus a private office or optional 4th bedroom. A convenient main-floor laundry room and updated half bath complete the first level. Upstairs, you'll find a massive primary suite retreat along with two additional generously sized bedrooms, a full hall bath with a new toilet, and a large loft area ideal for a second living space, playroom, or home office. The huge full basement provides endless possibilities for storage, recreation, or future finishing. Additional updates and improvements include repaired and refinished half bath wall, bidet spray, ceiling lights and fans in the family room, living room, and dining room, Nest thermostat, water heater, gutters, new fence, and backyard enhancements. Move-in ready with space, style, and thoughtful updates throughout!

MLS# MRD12568643Listed February 25, 2026ResidentialSubdivision: Timberwoods
Property Details

Beds & Baths

Total Bedrooms4
Total Bathrooms3
Full Baths2
Half Baths1
Total Rooms10

Size & Structure

Living Area4,008 sqft
Garage Spaces3
Fireplaces1
Year Built2000
Lot Size0.280 acres

Location

CountyLake
TownshipWarren
SubdivisionTimberwoods
Zip Code60031

Financial

List Price$615,000
Original Price$627,000
Price / Sq Ft$153
Annual Taxes (2024)$15,522
Monthly Tax Est.$1,294
Parcel #07192160030000
Interior Features

Appliances

RangeMicrowaveDishwasherRefrigeratorWasherDryerDisposalOvenRange Hood

Heating

Natural GasForced Air

Cooling

Central Air

Basement

Partially FinishedFull

Laundry

Main LevelCommon Area

Fireplace

Gas Starter
Exterior & Lot

Construction

Vinyl SidingBrick

Patio & Porch

Patio

Lot Features

Cul-De-SacLandscaped
Utilities & Parking

Sewer

Other

Water Source

Other

Electric

Fuses

Parking

Garage Door OpenerYesGarage OwnedAttachedGarage
HOA & Community
HOA Fee
$270
Annually

HOA Includes

None

Community Features

ParkHorse-Riding AreaLakeCurbsSidewalksStreet LightsStreet Paved
Schools
Elementary
Woodland Elementary School
District: 50
Middle School
Woodland Middle School
District: 50
High School
Warren Township High School
District: 121
Tax & Financial
Annual Taxes
$15,522
Tax Year 2024
Monthly Tax Est.
$1,294
per month
Price per Sq Ft
$153
per square foot
Price Reduced by $12,000
Original list price: $627,000
Property Location

7421 Prescott Lane, Gurnee, IL 60031Lake County

$615,000
$153 / sqft
7421 Prescott Lane
4 bd3 ba4,008 sqft
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
30 days on market
3-car garage
1 fireplace
0.280 acres
$15,522/yr taxes
$270 HOA (annually)
Price reduced $12,000
$4,548
estimated monthly payment
Principal & Interest
$3,232/mo
Property Tax
$1,294/mo
HOA
$23/mo
$615,000
20% — $123,000
3%50%
6.875%
3%12%
Loan Amount
$492,000
Down Payment
$123,000

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

Listed by
Redfin Corporation
Agent: Anita Willms
REALTOR® Logo
Equal Housing Opportunity LogoEqual Housing Opportunity

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

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