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3855 Grand Ave

Gurnee IL 60031

4
2
10
0.24 ac.
Multi-Family
Currently for sale - view listing

Overview

"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!"

Features

4 bedrooms
2 bathrooms
10 carspaces
2 garage spaces
0.24 ac. lot size
Multi-Family

Property history for 3855 Grand Ave

2018
Sold
$128,000
15 May 2018 by Snezhina Granat, of Granat Realty Inc.

Happy sellers in Gurnee

100%
100% of sellers in Gurnee reported that their sale price either exceeded or met their price expectations.

Gurnee stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Gurnee over the last 12 months.

Local market activity for 4 bedroom multi families in Gurnee

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