540 Prescott Ln, Gurnee, IL 60031
Property image
Property image
OFF MARKET

$640,700

Trulia Estimate
  • 4 Beds
  • 3.5 Baths
  • 4,286 sqft (on 0.28 acres)

540 Prescott Ln, Gurnee, IL 60031

Est. Refi. Payment $4,901/mo*
Refinance Your Home
Currently Off Market - Sold Jun 4, 2024 for $569,000

Home Value

Trulia Estimate
$641K
Since last month
Decreased$5K (-0.8%)
Since last year
Increased$24K (+3.9%)
Since last sale
Increased$71K (+12.4%)
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 +54% in the last 10 years
MonthEstimated value
2026
September 2026$640K
August 2026$645K
July 2026$649K
June 2026$652K
May 2026$648K
April 2026$641K
March 2026$640K
February 2026$628K
January 2026$624K
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
565 Prescott Ln, Gurnee, IL
0.06
Single-Family Home
$660,000
05/28/26
4
3.5
3,600
7449 Brentwood Ln, Gurnee, IL
0.20
Single-Family Home
$689,000
07/16/26
4
2.5
4,350
7421 Prescott Ln, Gurnee, IL
0.27
Single-Family Home
$596,000
07/29/26
4
2.5
3,842
423 Old Walnut Cir, Gurnee, IL
0.13
Single-Family Home
$750,000
06/23/26
4
3.5
5,363
7404 Brentwood Ln, Gurnee, IL
0.14
Single-Family Home
$690,000
09/11/26
5
3.5
3,966
570 Patriot Ct, Gurnee, IL
0.12
Single-Family Home
$585,000
11/07/25
6
3
3,044
575 Capital Ln, Gurnee, IL
0.27
Single-Family Home
$425,000
04/24/26
4
2.5
3,044
7390 Bittersweet Dr, Gurnee, IL
0.28
Single-Family Home
$500,000
03/30/26
4
2.5
3,002

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
556 Prescott Ln, Gurnee, IL 60031
0.03
$699,000
5
3.5
3,860
For Sale
495 Old Walnut Cir, Gurnee, IL 60031
0.04
$606,300
4
3.5
3,728
Off Market
565 Prescott Ln, Gurnee, IL 60031
0.06
$660,000
4
3.5
3,600
Recently Sold
500 Prescott Ln, Gurnee, IL 60031
0.08
$584,100
4
2.5
3,467
Off Market
579 Old Walnut Cir, Gurnee, IL 60031
0.08
$607,200
5
3.5
3,090
Off Market
Address Not Disclosed, Gurnee, IL 60031
0.10
$624,100
4
3.5
4,042
Off Market
570 Patriot Ct, Gurnee, IL 60031
0.12
$622,000
6
3
3,044
Off Market
7393 Cascade Way, Gurnee, IL 60031
0.10
$729,000
4
3.5
3,904
Off Market
Address Not Disclosed, Gurnee, IL 60031
0.13
$750,000
4
3.5
5,363
Recently Sold
7404 Brentwood Ln, Gurnee, IL 60031
0.14
$690,000
5
3.5
3,966
Recently Sold
7441 Cascade Way, Gurnee, IL 60031
0.15
$714,600
5
3.5
4,238
Off Market

Local Information

  • Map ViewExplore the area around 540 Prescott Ln.
  • Schools1 Preschool School3 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 2000
0.28 acre lot
4,286 sqft
$149/sqft
2 Car Garage
HOA $23/mo

About this House

What's unique:Romantic fireplaceBeautiful homeFantastic viewsMature treesLarge eat in kitchenBreakfast bar
Best PRICED HOME in Desirable Timberwoods! Beautiful home w/Newer Mechanics!!! (2) New HI_EFF furnaces in 2020 & (2) New A/C units in 2020 ($20k+), New Roof and gutter guards in 2018! ($14k)Brand new Hot water heater 2024!! Step inside Lovely 2 STORY FOYER hosts gleaming hardwood floors, entry opens into the Spacious Living room/dining area. PERFECT HOME for Entertaining! LARGE EAT IN KITCHEN W/BREAKFAST BAR, Stainless Steel APPLIANCES & LOADS OF CABINET SPACE, Corian counters & NICE planning desk. Sliders to The MOST Beautiful 4 SEASON ROOM W/MARBLE FLOORS & FANTASTIC VIEWS OF the Private/ FENCED BACKYARD lined w/MATURE TREES! Volume ceiling in the FAMILY RM W/Romantic Fireplace.(gas logs). 1ST FLOOR BEDROOM W/WALK IN CLOSET & FULL BATH. (IDEAL FOR IN-LAWS!) PLUS First floor den/office & Main floor Laundry room. Head upstairs to the Large MASTER Suite W/TRAY CEILING, HIS/HERS CLOSETS & HUGE MASTER BATH w/all the bells and whistles...DUAL VANITIES MAKE UP COUNTER, OVER SIZED TUB & SHOWER. TWO OTHER UPSTAIRS BEDROOMS & MEDIA ROOM W/WINDOWS OVERLOOKING FAMILY Room. NOTE***. ALL CLOSETS ARE WALK-In's!! Unfinished basement (1470 SQ FT) is ready for your finishing touches. Attached 2 1/2 car garage w/2 service doors. Home is EXTREMELY WELL KEPT.. MOVE IN READY!! Ideal Location-2 BLOCKS FROM PARK, & MINUTES TO TOLLWAY & SHOPPING... (new microwave and nest). CALL NOW-SHOWS GREAT! EZ to show!
540 Prescott Ln, Gurnee, IL 60031 is a 4 bedroom, 4 bathroom, 4,286 sqft single-family home built in 2000. It last sold for the $569,000 asking price on Jun 4, 2024. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $640,700, with a rent estimate of $4,301/month.
Last check for updates: about 3 hours ago
Listed by Brenda Newman-Lawler, (847) 668-3121
RE/MAX Showcase
Mason Lawler, (847) 785-9583
RE/MAX Showcase
Bought with: Brenda Newman-Lawler, (847) 668-3121, RE/MAX Showcase
Source: MRED as distributed by MLS GRID, MLS#12030872

Home Details for 540 Prescott Ln

Interior Features

Interior Details
Basement: Unfinished,PartialNumber of Rooms: 11Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Den, Dining Room, Family Room, Heated Sun Room, Kitchen, Laundry, Living Room, Media Room
Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 4Number of Bathrooms (full): 3Number of Bathrooms (half): 1
Dimensions and Layout
Living Area: 4286 Square Feet
Appliances & Utilities
Appliances: Double Oven, Range, Microwave, Dishwasher, Refrigerator, Disposal, Stainless Steel Appliance(s), HumidifierDishwasherDisposalLaundry: Main Level,In UnitMicrowaveRefrigerator
Heating & Cooling
Heating: Natural Gas,Forced Air,Sep Heating Systems - 2+,ZonedHas CoolingAir Conditioning: Central Air,ZonedHas HeatingHeating Fuel: Natural Gas
Fireplace & Spa
Number of Fireplaces: 1Fireplace: Wood Burning, Attached Fireplace Doors/Screen, Gas Log, Gas Starter, Family RoomHas a FireplaceNo Spa
Gas & Electric
Electric: Circuit Breakers
Windows, Doors, Floors & Walls
Flooring: Hardwood
Levels, Entrance, & Accessibility
Stories: 2Accessibility: No Disability AccessFloors: Hardwood
View
No View
Security
Security: Carbon Monoxide Detector(s)

Exterior Features

Exterior Home Features
Roof: AsphaltFencing: FencedFoundation: Concrete Perimeter
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

Property Information

Year Built
Year Built: 2000Year Renovated: 2018
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family ResidenceArchitecture: Traditional
Building
Construction Materials: BrickNot a New ConstructionNo Additional Parcels
Property Information
Parcel Number: 07192120310000Model Home Type: MAPLE

Price & Status

Price
List Price: $569,000
Status Change & Dates
Off Market Date: Mon Apr 22 2024Possession Timing: Close Of Escrow

Active Status

MLS Status: Closed

Location

Direction & Address
City: GurneeCommunity: Timberwoods
School Information
Elementary School: Woodland Elementary SchoolElementary School District: 50Jr High / Middle School: Woodland Middle SchoolJr High / Middle School District: 50High School: Warren Township High SchoolHigh School District: 121

Building

Building Details
Builder Model: MAPLE
Building Area
Building Area: 5756 Square Feet

Community

Community Features: Park, Curbs, Sidewalks, Street Lights, Street Paved

HOA

HOA Fee Includes: OtherHas an HOAHOA Fee: $270/Annually

Lot Information

Lot Area: 0.28 acres

Listing Info

Special Conditions: None

Offer

Listing Terms: Conventional

Business

Business Information
Ownership: Fee Simple

Miscellaneous

BasementMls Number: 12030872

Additional Information

ParkCurbsSidewalksStreet LightsStreet PavedSource Internet Automated Valuation DisplaySource Internet Consumer CommentSource Internet Entire Listing DisplaySource Internet Address DisplayMRD REMARKSINTERNET: Yes

Price and Tax history

DateEventPrice
Jun 4, 2024
Source: MRED as distributed by MLS GRID #12030872
Sold
$569,000
Apr 22, 2024
Source: MRED as distributed by MLS GRID #12030872
Contingent
$569,000
Apr 22, 2024
Source: MRED as distributed by MLS GRID #12030872
PriceChange
$569,000
Price decreased by 3%
Apr 16, 2024
Source: MRED as distributed by MLS GRID #12030872
Listed For Sale
$589,000
Apr 16, 2024
Source: MRED as distributed by MLS GRID #12015053
ListingRemoved

Market trends in Gurnee

Last updated August 2026
Buyer'sMarketSeller'sMarket
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.
  • Grafxgoddess
    "Dog friendly I suppose. What? Cats?"
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  • Todd.d.walls
    "Gurnee, Illinois is a great place to raise a family. Very close to the border of Wisconsin, for lower price gasoline, groceries and clothing. The forest preserves .offer awesome trails, fishing and non-motorized boating."
    0
    Flag
  • Todd.d.walls
    "Commuting to another northern suburb is not an issue, especially if you are traveling north and south. It’s very easy access to interstate/tollway to both southeast Wisconsin and south Lake / northern Cook county. It’s a great place to live."
    0
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  • Todd.d.walls
    "Gurnee Days, holiday train, beer fest and local shopping. We also have Gurnee Mills shopping, Six Flags Great America for summer and fall activities as well as indoor water park."
    0
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  • Joya Ekworomadu
    "This neighborhood is very family-oriented. And has a sense of pride. Really integral, safe, and fun place to raise a family."
    0
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  • andrea l hinojosa
    "There’s dogs in our neighborhood. We also have a dog park near by. Dog owners would be totally comfortable. "
    0
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  • Todd.d.walls
    "Clean and safe neighborhoods. Also lots of options for eating out and close to our neighboring state, Wisconsin. And……Great America…fun …fun….fun. That’s it!"
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  • Debra Rottweiler
    "Great schools, neighborhood and neighbors. Good schools. There are several fast food places. Not many “good” sit down places. We usually go to Vernon Hills or Grayslake."
    0
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  • Paula Knutel
    "We have lots of dogs in the neighborhood. We see each other in the neighborhood or neighborhood parks when we are out walking "
    1
    Flag
  • Alexis Honey
    "There are a good amount of children in the area, and outside of the busy streets it’s relatively safe!"
    1
    Flag
  • Paula K.
    "Lots of dogs in our neighborhood. Very dog friendly. Walking path through two little parks. Doggy waste bags available at each park."
    2
    Flag
  • Shelkey.kick
    "Quite area for the most part. Parents need to watch there teenagers better, that they are not trying to burn down the trees have left! Lovely dog with questionable owners what don’t have them leashed at night while coyotes are out there just waiting."
    0
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  • Sandy M.
    "it's a great area for kids as the park is down the street. everyone is very friendly and neighbors look out for each other "
    0
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  • Kdr220721
    "Quick access to the highway, also not terribly far from multiple train stations that can take you all the way to union station"
    2
    Flag
  • Martin W.
    "Their are many parks and sidewalks in Gurnee. Also their are lots of local pet’s businesses in the local area."
    0
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  • Rachael R.
    "Easy access to troll ways. A lot of food options. Not walkable ."
    0
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  • Smirna R.
    "Very peaceful are, I relocated the this area from Florida and I find it very comfortable living here.#Guenee.IL"
    2
    Flag
  • Rhonda M.
    "Gurnee is a good community. Good schools, library, ans shopping. I do wish we had more of a downtown area."
    0
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  • Strakusek
    "Lived here for 30 plus years. Awesome! Great people. Close to shopping. Very safe. Great schooos. A perfect place to raise a family. "
    0
    Flag
  • Ashduffy8707
    "There’s a six flags and a big mall. U have to drive everywhere. There’s a lot of hotels. There’s a lot of shopping areas."
    0
    Flag
  • Gloria
    "friendly place during the day but the park can be over whelming when dark comes with random people that dont live by you"
    0
    Flag
  • Shannon I.
    "Trick or treating, parks, bike riding, trails, kayaking... we have great neighbors here who we love very much"
    0
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  • Cindy L.
    "Gurnee mills mall and the convenient commute to great America ... so that’s what is special about the Gurnee community "
    1
    Flag
  • Cindy L.
    "Nothing spectacular because where I live is by the mall and six flags ... so those are your community spots "
    1
    Flag
  • Renee F.
    "There are trails close by and some of the people are friendly when it comes to you being out with your dog"
    1
    Flag
  • Kelley A.
    "I have lived in Gurnee for quite some time and it really is a nice place to live. The schools are great, the neighborhoods are clean and the people are kind. "
    0
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  • Tobar1970
    "Crimes perpetrated in the neighborhood and what kind of crimes have been committed. School and how they rank in educational standards. "
    0
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  • Roger L.
    "Live in this area for 15 years, it is safe, clean and I love it, recommend it as a nice place to live. I never experienced any problems in this neighborhood."
    0
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  • Efinnelly
    "Friendly neighbors, walk to the park, community events, holiday cheer, well kept yards, kids riding bikes, buses, great schools"
    0
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  • Chicagofinnest
    "Gurnee days and that the streets are clean and the neighborhood is very nice and clean and the neighbors are all nice and friendly "
    0
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  • Efinnelly
    "Music in the park Farmers markets Gurnee Days Vacation Bible School Sledding Trick or Treating Dog Parks "
    0
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  • Jaz K.
    "There are many areas to walk a dog. Sidewalks, grass, parks. Nice area for walking dogs. Neighborhood is friendly. "
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  • Megan S.
    "people are friendly. it is a nice clean neighborhood. there is no crime because we are so close to the police station. the library is within walking distance."
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  • Renee F.
    "Very great community and we love being here. There is a lot for our kids to do and the school district is great!"
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  • Justin w.
    "Easy except rush hour,normally around 5-6 the northbound is bad other than that,easy to travel around town."
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  • Maria G.
    "It is quiet and feels safe to live here. I love the atmosphere around this neighborhood. "
    0
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  • Kathleen F. G.
    "There are many families in our neighborhood. Several parks in the area plus a golf course where our grandson has taken lessons & played with his dad & my husband. "
    0
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  • Lilyvampwolf
    "it's quiet. mostly everything you need is on one road. the pace bus runs regularly. it's right in the middle of Chicago and Milwaukee."
    2
    Flag

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 540 Prescott Ln

  • What is 540 Prescott Ln estimated to be worth?
    Trulia's estimated value for 540 Prescott Ln in Gurnee, IL is $640,700.
  • What is the price history for 540 Prescott Ln?
    540 Prescott Ln in Gurnee, IL last sold for $569,000 in June 2024.
  • 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 540 Prescott Ln have air conditioning?
    Yes, 540 Prescott Ln in Gurnee, IL has air conditioning.
  • Does 540 Prescott Ln have laundry facilities?
    Yes, 540 Prescott Ln in Gurnee, IL has laundry facilities.

Explore by feature - Pet Friendly

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Off Market Homes Near 540 Prescott Ln

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