3505 Ellis Ave

Gurnee IL 60031

1772 sq. ft.

0.38 ac.

Single-Family

Last sold for $315,000

SCOTT PAUL, last sold this property on 10 May 2023 after 33 days on market.

Overview

A unique opportunity! The upper level of this home is configured as a separate living quarters (2 bedrooms, 1 bath, and living room/kitchen, and a hookup for 2nd laundry). Utilities are shared so this is not a 2-unit, but it does have separate keyed access to upstairs and downstairs living spaces. Lower level has 1 bedroom and sitting room, living room, kitchen, and 1.5 baths. This would be a great in-law arrangement. Or you could help cover your payments by renting out either either the top or bottom as an Airbnb (or other short-term tenant) or to a long term tenant (with utilities included). There are lots of possibilities. This home also features garage parking for 4 cars (2 detached 2 car garages). Plus it has a tall RV garage that has been converted into a storage shed/workshop. It could be converted back into an RV garage. Many elements of the home are newer: roofs on all buildings (2019), siding (2021), furnace, air, and water heater (2017), and more. Home also includes backup generator. Part of the back yard is fenced. There is a park/playground just down the block. Gurnee Schools. (Current owner gets a veteran tax exemption. Base upcoming tax bill on estimated 2021 taxes of $5,530 if exemption did not apply.) There are lots of great reasons to consider this home! Is it right for you? See it today!

Features

3 bedrooms

3 bathrooms

4 carspaces

4 garage spaces

1772 sq. ft. floor area

0.38 ac. lot size

Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in Gurnee over the last 12 months, the estimated median property value of 3505 Ellis Ave is $375.17k.

Median value

$375.17k

Estimated value range

$200.5k - $675k

Median days on market

Estimated value trend

increase over the last 12 months

Average days on market is based on recent, comparable sales in Gurnee. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.