Gurnee, IL 60031 3855 Grand Avenue
$410,000



15 more















Presented By: Core Realty & Investments Inc.
Home Details
"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!"
Presented By: Core Realty & Investments Inc.
Interior Features for 3855 Grand Avenue
Bedrooms
Bedrooms Possible4
Total Bedrooms4
Bathrooms
BathroomSoaking Tub
Full Baths Building2
Half Baths Building
Total Baths2
Other Interior Features
BasementUnfinished, Full
Total Number of Units2
General for 3855 Grand Avenue
Additional Parcels Y/NNo
Architectural StyleRanch
CityGurnee
Construction MaterialsAluminum Siding
ContingencyAttorney/Inspection
CountyLake
DirectionsDrive east on grand. Last property on the right before you get to 41
Elementary School District56
Garage Spaces2
Gross Income19200
HeatingNatural Gas
High School District211
MLS AreaGurnee
Middle/Junior School District56
New ConstructionNo
OwnershipFee Simple
PossessionClosing
Property TypeResidential Income
Property TypeTwo to Four Units
SewerPublic Sewer
Standard StatusActive Under Contract
StatusContingent
Tax Annual Amount6916.6
Tax Year2025
Total Rooms8
TownshipWarren
Year Built1952
ZoningMULTI
Exterior for 3855 Grand Avenue
BuyerOfficeFax(847) 565-6063
Lot Dimensions76X137
Lot Size Acres0.24
Parking FeaturesYes, Garage Owned, Detached, Off Street, Driveway, Owned, Garage
Total Parking10
Water SourceLake Michigan, Public
Waterfront Y/NNo
Additional Details
Price History

SQFT • 1,836