$425,100
- 4 Beds
- 2.5 Baths
- 2,366 sqft
1981 Madison Ave, Gurnee, IL 60031
Est. Refi. Payment $3,277/mo*
Refinance Your HomeCurrently Off Market - Sold Aug 29, 2023 for $350,000
Home Value
Trulia Estimate
$425KSince last month
Decreased$2K (-0.5%)Since last year
Increased$13K (+3%)Since last sale
Increased$76K (+21.6%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +68% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| September 2026 | $426K |
| August 2026 | $428K |
| July 2026 | $431K |
| June 2026 | $438K |
| May 2026 | $436K |
| April 2026 | $430K |
| March 2026 | $424K |
| February 2026 | $415K |
| January 2026 | $408K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
2019 | |
2018 | |
2017 | |
2016 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.16 | Single-Family Home | $382,000 | 04/17/26 | 4 | 2.5 | 2,304 | |
0.12 | Single-Family Home | $370,000 | 04/30/26 | 4 | 1.5 | 1,872 | |
0.09 | Single-Family Home | $385,000 | 09/23/25 | 4 | 1.5 | 1,615 | |
0.24 | Single-Family Home | $285,000 | 07/08/26 | 4 | 2.5 | 2,373 | |
0.24 | Single-Family Home | $490,000 | 07/22/26 | 4 | 2.5 | 2,254 | |
0.26 | Single-Family Home | $379,900 | 03/13/26 | 4 | 2.5 | 1,872 | |
0.16 | Single-Family Home | $530,000 | 11/07/25 | 4 | 3 | 3,201 | |
0.17 | Single-Family Home | $385,000 | 07/20/26 | 3 | 2 | 1,494 | |
0.22 | Single-Family Home | $385,000 | 01/23/26 | 3 | 1.5 | 1,615 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.01 | $360,600 | 3 | 1.5 | 1,615 | Off Market | |
0.09 | $412,000 | 4 | 1.5 | 1,615 | Off Market | |
0.07 | $415,000 | 4 | 2.5 | 1,996 | Off Market | |
0.06 | $396,300 | 3 | 2 | 1,494 | Off Market | |
0.09 | $408,500 | 4 | 2.5 | 1,872 | Off Market | |
0.07 | $440,000 | 4 | 2.5 | 2,714 | Recently Sold | |
0.14 | $482,600 | 4 | 3.5 | 3,470 | Off Market | |
0.12 | $370,000 | 4 | 1.5 | 1,872 | Recently Sold | |
0.16 | $563,500 | 4 | 3 | 3,201 | Off Market | |
0.14 | $505,500 | 4 | 2.5 | 2,395 | Off Market | |
0.13 | $285,000 | 3 | 2 | 1,600 | Recently Sold |
Local Information
-- mins to
Home Highlights
Single-Family Home
Built in 1988
2,366 sqft
$180/sqft
2 Car Garage
About this House
This adorable 4 bedroom 2.5 bath home is ready for you to move in. Freshly painted throughout. Kitchen boasts white cabinets and updated appliances. Room for a table in your eat in kitchen as well as a formal dining room. Two great living spaces on first floor. Large primary bedroom has walk in closet, linen closet, and ensuite bathroom. 3 more generously sized bedrooms upstairs. Basement is ready for your finishing touches. Large deck and private backyard as well!
1981 Madison Ave, Gurnee, IL 60031 is a 4 bedroom, 3 bathroom, 2,366 sqft single-family home built in 1988. It last sold for $350,000 on Aug 29, 2023 (4% below the $365,000 asking price). More recently, it was listed as a rental in May 2014 with an asking price of $2,300 per month. That rental listing was removed on July 18, 2014. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $425,100, with a rent estimate of $3,340/month.
Last check for updates: about 19 hours ago
Listed by Joanna Elrod, (847) 887-9869
Century 21 Circle
Bought with: Randy Schulenburg, (224) 805-2616, Schulenburg Realty, Inc
Source: MRED as distributed by MLS GRID, MLS#11818218

Home Details for 1981 Madison Ave
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MLS Status: Closed |
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Interior Details Basement: Unfinished,PartialNumber of Rooms: 8Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Dining Room, Family Room, Kitchen, Laundry, Living Room |
Beds & Baths Number of Bedrooms: 4Number of Bathrooms: 3Number of Bathrooms (full): 2Number of Bathrooms (half): 1 |
Dimensions and Layout Living Area: 2366 Square Feet |
Appliances & Utilities Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, DryerDishwasherDryerLaundry: Main LevelMicrowaveRefrigeratorWasher |
Heating & Cooling Heating: Natural Gas,Forced AirHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Natural Gas |
Fireplace & Spa No Spa |
Windows, Doors, Floors & Walls Flooring: Laminate |
Levels, Entrance, & Accessibility Stories: 2Accessibility: No Disability AccessFloors: Laminate |
View No View |
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Exterior Home Features Patio / Porch: Deck |
Parking & Garage Number of Garage Spaces: 2Number of Covered Spaces: 2Has a GarageHas an Attached GarageHas Open ParkingParking Spaces: 2Parking: Asphalt,Garage Door Opener,On Site,Garage Owned,Attached,Garage |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
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Year Built Year Built: 1988 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family Residence |
Building Construction Materials: Vinyl Siding, BrickNot a New ConstructionNo Additional Parcels |
Property Information Parcel Number: 07103140060000 |
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Price List Price: $365,000 |
Status Change & Dates Off Market Date: Wed Jul 26 2023Possession Timing: Close Of Escrow |
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Direction & Address City: GurneeCommunity: Westgate |
School Information Elementary School District: 50Jr High / Middle School District: 50High School: Warren Township High SchoolHigh School District: 121 |
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HOA Fee Includes: None |
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Lot Area: 9666 sqft |
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Special Conditions: None |
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Listing Terms: VA |
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Business Information Ownership: Fee Simple |
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BasementMls Number: 11818218 |
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Source Internet Entire Listing DisplayMRD REMARKSINTERNET: YesSource Internet Address Display |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Aug 29, 2023 Source: MRED as distributed by MLS GRID #11818218 | Sold | $350,000 |
Jul 26, 2023 Source: MRED as distributed by MLS GRID #11818218 | Contingent | $365,000 |
Jul 21, 2023 Source: MRED as distributed by MLS GRID #11818218 | PriceChange | $365,000 Price decreased by 4% |
Jul 12, 2023 Source: MRED as distributed by MLS GRID #11818218 | PriceChange | $379,000 Price decreased by 3% |
Jun 27, 2023 Source: MRED as distributed by MLS GRID #11818218 | Listed For Sale | $389,000 |
May 23, 2022 Source: N/A | Sold | $300,000 |
Jul 18, 2014 Source: Agent Provided | ListingRemoved | $2,000 |
Jul 10, 2014 Source: Agent Provided | PriceChange | $2,000 Price decreased by 5% |
May 30, 2014 Source: Agent Provided | PriceChange | $2,100 Price decreased by 5% |
May 15, 2014 Source: Agent Provided | PriceChange | $2,200 Price decreased by 4% |
May 7, 2014 Source: N/A | Listed For Rent | $2,300 |
May 6, 2014 Source: Agent Provided | ListingRemoved | $275,000 |
Apr 14, 2014 Source: Agent Provided | PriceChange | $275,000 Price decreased by 2% |
Apr 1, 2014 Source: Agent Provided | PriceChange | $279,900 Price decreased by 2% |
Mar 22, 2014 Source: Agent Provided | PriceChange | $284,900 Price decreased by 2% |
Mar 11, 2014 Source: Agent Provided | Listed For Sale | $289,900 |
Aug 3, 2006 Source: N/A | Sold | $280,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2024 | $10,016 | $356,775 |
Home facts updated by county records
Market trends in Gurnee
Last updated August 2026
Avg. sale price
$366K
$13.33KMoM
Sale-to-List Price
100.4%
0.4%MoM
Price per sq ft
$201
$5MoM
Available listings
107
24MoM
Around this home
What Locals Say about Gurnee
At least 305 Trulia users voted on each feature.
89 % Say it's dog friendly
87 % Say car is needed
87 % Say parking is easy
78 % Say there are sidewalks
75 % Say yards are well-kept
73 % Say there's holiday spirit
71 % Say it's quiet
69 % Say people would walk alone at night
69 % Say kids play outside
67 % Say streets are well-lit
66 % Say there's wildlife
55 % Say they plan to stay for at least 5 years
52 % Say neighbors are friendly
39 % Say it's walkable to restaurants
38 % Say there are community events
31 % Say it's walkable to grocery stores
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections

Based on information submitted to the MLS GRID as of 2026. 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. Properties may or may not be listed by the office/agent presenting the information. Click here for more information
Frequently asked questions about 1981 Madison Ave
- What is 1981 Madison Ave estimated to be worth?Trulia's estimated value for 1981 Madison Ave in Gurnee, IL is $425,100.
- What is the price history for 1981 Madison Ave?1981 Madison Ave in Gurnee, IL last sold for $350,000 in August 2023.
- Is Gurnee a buyer's or seller's market?Gurnee is currently a seller's market, based on recent for-sale activity.
- What's the median sale price in Gurnee?The median sale price in Gurnee is $366K. That is down $13.33K from the prior month.
- Does 1981 Madison Ave have air conditioning?Yes, 1981 Madison Ave in Gurnee, IL has air conditioning.
- Does 1981 Madison Ave have laundry facilities?Yes, 1981 Madison Ave in Gurnee, IL has in-unit laundry.

