OFF MARKET

Off Market Jun 2020 for $162K

$302,327

•

1,025

sq ft

18461 W Rae Ln, Gurnee, IL 60031

About this home

* * * LOCATION, LOCATION, LOCCATION * * * SUCH A CHARMER! This 3 Bedroom, 1.5 Bath, Ranch Home in Gurnee packs a lot of punch! Clean and well maintained, just needs some updating to make it extra special. You'll appreciate the open living space with a combined living room and dining area, easy to expand on. Perfect for small or larger groups at holiday gathering times! Featured behind the home is a great enclosed porch to take the party outside. .. such a nice space open to whatever your needs might be! Work area, garden greenhouse, 3 season room, or entertainment area. .. .this backyard gem is a true bonus! Bringing the outside in, this home is light and bright with windows that have interior blinds making them easy to keep clean. Other Features included are ceiling fans, laundry off of kitchen, newer furnace 2015, appliances including washer and dryer, and crawl space access from inside the home. Plenty of parking space alongside the 1.5 car garage in a neighborhood that has a park, walking paths, and a small lake to enjoy. .. no HOA fees! Close to highways, shopping, restaurants, and Six Flags, this location can't get much better! If you don't want stairs yet want a nice yard and plenty of space inside and out, this place is perfect. Affordable, Move in Ready, and definitely worth a look!

Single-familyProperty Type

1966Year Built

0.25 acresLot Size

$295Est. Price/Sq.Ft.

6 spacesParking

Listed by Lori Mattice • RE/MAX Showcase

Bought with Scott Freitag • Coldwell Banker Realty

Redfin checked: a minute ago

•Source:MRED as Distributed by MLS Grid #10698542

Redfin Estimate

$302,327

$140K since sold in June 2020$1,000 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 7.5% lower than the average sale price ($327K) of 5 comparable homes.

SOLD JUL 21, 2026
$260,000
A
3 beds1.5 baths1,489 sq ft
18647 W Pamela Pl, Gurnee, IL 60031
SOLD JUN 26, 2026
$341,000
B
3 beds1.5 baths1,824 sq ft
36485 N Traer Ter, Gurnee, IL 60031
SOLD JUN 30, 2026
$365,000
C
3 beds2 baths1,539 sq ft
36449 N Streamwood Dr, Gurnee, IL 60031
SOLD JUN 5, 2026
$344,000
D
3 beds1.5 baths1,449 sq ft
18320 W Linda Ln, Gurnee, IL 60031
SOLD JAN 9, 2026
$325,000
E
3 beds1.5 baths1,539 sq ft
36712 N Traer Ter, Gurnee, IL 60031

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Earn from this home

Sell

$172,769

Est. take-home

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Rent

$1,950/mo

Redfin rental estimate

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Market trends in 60031, IL

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

101.1%

+0.6% MoM

Median sale price

$380K

$8K MoM

Avg. days on market

45d

1 days MoM

Recently sold homes

143

33 MoM

New listings for sale

$350,000
3 beds3 baths1,323 sq ft
3884 Woodlawn Ave, Gurnee, IL 60031
NEW 29 HRS AGO
$245,000
3 beds1.5 baths1,445 sq ft
37294 N Grandwood Dr, Gurnee, IL 60031
FOR SALE BY OWNER
$275,000
2 beds1.5 baths1,308 sq ft
6865 Hampton Cir, Gurnee, IL 60031
$270,000
2 beds2.5 baths1,268 sq ft
17777 W Braewick Rd, Gurnee, IL 60031
EARLY ACCESS
$525,000
5 beds3.5 baths2,225 sq ft
6233 Formoor Ln, Gurnee, IL 60031
$179,900
2 beds2 baths1,200 sq ft
690 Chandler Rd #408, Gurnee, IL 60031
OPEN SAT, 10AM TO 12PM
$639,000
6 beds4 baths2,651 sq ft
17334 W Westwind Dr, Gurnee, IL 60031
$535,000
4 beds2.5 baths2,504 sq ft
1140 Oakmeadow Ct, Gurnee, IL 60031
$325,000
3 beds2 baths1,677 sq ft
18660 W Highfield Dr, Gurnee, IL 60031
$485,000
3 beds2.5 baths1,818 sq ft
1422 Almaden Ln, Gurnee, IL 60031
See all

Provided by Redfin

Redfin agents who toured

Cozy ranch house with garage that has only exterior access. Modest size bedrooms. Screened in porch in rear looks out to spacious fenced backyard.
6 years ago• May not reflect the current state of the home
Michael Miller
Redfin Associate agent

Sale history for 18461 W Rae Ln

Year

Property tax

Land + Additions

Assessment*

2025

$6,721

$13,725 + $69,936

$83,661

2024

$6,726 (+11.2%)

$13,725 + $69,936

$83,661

2023

$6,047 (+6.9%)

$12,944 + $65,952

$78,896

2022

$5,655 (+14.9%)

$11,667 + $59,447

$71,114

2021

$4,922 (+16.4%)

$12,137 + $50,398

$62,535

2020

$4,229 (+2.3%)

$11,202 + $42,811

$54,013

2019

$4,135 (+19.4%)

$10,610 + $40,547

$51,157

2018

$3,463 (+0.6%)

$14,531 + $30,967

$45,498

2017

$3,443 (+1.8%)

$14,531 + $30,967

$45,498

2016

$3,383 (+4.8%)

$14,115 + $30,080

$44,195

2015

$3,228 (+17.5%)

$13,487 + $28,741

$42,228

2013

$2,748 (−11.4%)

$13,392 + $23,103

$36,495

2012

$3,102 (+3.4%)

$12,914 + $28,516

$41,430

2011

$2,999 (−12.4%)

$13,726 + $31,744

$45,470

2010

$3,422 (−2.6%)

$12,836 + $40,712

$53,548

2008

$3,511 (+5.0%)

$13,519 + $44,175

$57,694

2007

$3,344

$12,942 + $43,271

$56,213

Tax history for 18461 W Rae Ln

Year

Property tax

Land + Additions

Assessment*

2025

$6,721

$13,725 + $69,936

$83,661

2024

$6,726 (+11.2%)

$13,725 + $69,936

$83,661

2023

$6,047 (+6.9%)

$12,944 + $65,952

$78,896

2022

$5,655 (+14.9%)

$11,667 + $59,447

$71,114

2021

$4,922 (+16.4%)

$12,137 + $50,398

$62,535

2020

$4,229 (+2.3%)

$11,202 + $42,811

$54,013

2019

$4,135 (+19.4%)

$10,610 + $40,547

$51,157

2018

$3,463 (+0.6%)

$14,531 + $30,967

$45,498

2017

$3,443 (+1.8%)

$14,531 + $30,967

$45,498

2016

$3,383 (+4.8%)

$14,115 + $30,080

$44,195

2015

$3,228 (+17.5%)

$13,487 + $28,741

$42,228

2013

$2,748 (−11.4%)

$13,392 + $23,103

$36,495

2012

$3,102 (+3.4%)

$12,914 + $28,516

$41,430

2011

$2,999 (−12.4%)

$13,726 + $31,744

$45,470

2010

$3,422 (−2.6%)

$12,836 + $40,712

$53,548

2008

$3,511 (+5.0%)

$13,519 + $44,175

$57,694

2007

$3,344

$12,942 + $43,271

$56,213

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

—

Baths

1.5

Stories

Lot width

—

Lot depth

—

Lot size

0.26 Acres

Year renovated

1966

Sq. Ft.

1,025

Year built

1966

Style

Single Family Residential

County

Lake County

APN

07-07-205-003

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 15, 2026.

R-3

Residential District

The R-3 Zoning Districts are expected to accommodate a large percentage of the residential growth projected in unincorporated Lake County over the 20-year planning horizon covered by the Regional Framework Plan. The districts are primarily intended to accommodate moderate density residential development that can be served by the full range of infrastructure. The districts are generally intended to be applied in areas with existing infrastructure. The uses and densities allowed in the R-3 Districts 1.33 to 2.5 units per acre offer county residents a variety of housing choices in the moderate density range. The R-3 Districts are intended to implement the Regional Framework Plan’s Residential future land use designations.

Permitted uses

Include but are not limited to:

Equestrian facility
Religious facility
Housing-Single unit
Public service
Educational/school
Golf related
Communications tower
Agriculture-Cropland
Park & open space
Water related-Wetland

Property details

Parking

Parking Information
# of Cars: 6.5
# of Garage Spaces: 1.5
# of Exterior Parking Spaces: 5
Garage Parking, Parking Space(s)
Off-Street Parking, Driveway
Parking On-Site
Parking Ownership: Owned Parking
Garage Door Opener(s), Garage Transmitter(s)
Attached Garage
Garage On-Site
Owned Garage
Asphalt Driveway

Interior

Bedroom Information
# of Bedrooms: 3
# of Bedrooms (Above Grade): 3

Master Bedroom Information
Size: 9X14
On Main Level
Carpet Flooring
Window Blinds

Bedroom #2 Information
Size: 10X12
On Main Level
Carpet Flooring
Window Blinds

Bedroom #3 Information
Size: 10X10
On Main Level
Carpet Flooring
Window Blinds

Bathroom Information
# of Baths (Full): 1
# of Baths (1/2): 1
No Tub

Living Room Information
Size: 14X13
On Main Level
Carpet Flooring
Window Blinds

Dining Room Information
Combined with Living Room
Size: 9X10
On Main Level
Carpet Flooring
Window Blinds

Kitchen Information
Size: 7X10
On Main Level
Vinyl Flooring
Window Blinds

Laundry Room Information
Size: 5X10
On Main Level
Vinyl Flooring

Additional Rooms Information
Sun/Florida Room
Crawl Space

Additional Room #1 Information
Sunroom
Size: 8X14
On Main Level

Equipment
Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer

Heating & Cooling
Gas Heating
Central Air Conditioning

Exterior

Building Information
Sq. Ft. Source: Assessor
Built Before 1978
Age: 51-60 Years
Vinyl Siding
Asphalt/Glass Roof (Shingles)

Property Features
Porch, Screened Porch, Storm/Screen Windows

Lot Information
Dimensions: 33X33X164X67X175
.25-.49 Acre

Property Information
# of Rooms: 6
Ownership: Fee Simple
Assessor Sq.Ft.: 1025
Aprox. Total Finished Sq. Ft.: 0
Total Finished/Unfinshed Sq Ft: 0
School Bus Service
Parcel Identification Number: 07072050030000

Financial

Financial Information
Tax: $3,462.58
Tax Year: 2018
Tax Exemptions: Homeowner, Senior
Special Service Area: N
Finance Code: Conventional

Utilities

Utility Information
Water: Public
Sewer (Public)

Location

Community Information
Park/Playground, Pond/Lake, Paved Street

School Information
Elementary School District: 50
Junior High District: 50
High School: Warren Township High School
High School District: 121

Location Information
Township: Warren
Corporate Limits: Unincoporated
Directions: Route 132 West to Oakwood Drive North to Grandwood Drive West to Geier Road East to Traer Terrace North to West Rae Lane. Home on right.

Public facts

Beds: —
Baths: 1.5
Sq. Ft.: 1,025
Stories: 1.0
Lot Size: 0.26 acres
Style: Single Family Residential
Year Built: 1966
Year Renovated: 1966
County: Lake County
APN: 07-07-205-003

Home facts updated by county records on Jul 15, 2026

Other

Listing Information
Possession: Closing
Holds Earnest Money: Yes
Seller Concessions: Yes
Seller Concessions Amount/Points: 4000

Around this home

Schools

Woodland Intermediate School

Public 4-5 • Assigned • 2.1mi

5/10

Woodland Middle School

Public 6-8 • Assigned • 2.1mi

5/10

Warren Township High School

Public 9-12 • Assigned • 2.5mi

9/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

4/10 Fire Factor

1% chance of being in a wildfire in next 30 years

2/10 Heat Factor

7 days above 100° expected this year, 14 days in 30 years

2/10 Wind Factor

Minor risk of severe winds over next 30 years

3/10 Air Factor

3 unhealthy days expected this year, 3 days in 30 years

Provided by First Street

Historical weather

Gurnee, IL • 60031

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 10.2 hours in June and 3.3 hours in December, placing it below the U.S. average for solar exposure.

10.2 hrs

3.3 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$288,000 – $348,000

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Nearby similar homes

NEW 29 HRS AGO

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NEW 29 HRS AGO

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EARLY ACCESSCOLDWELL BANKER COMING SOON

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Home values near 18461 W Rae Ln

Data from public records.

Address	Redfin Estimate
18487 West Rae Ln, Gurnee, IL 3 Beds \| 1.5 Baths \| 1093 Sq. Ft.	$319,889
18399 West Rae Ln, Gurnee, IL 5 Beds \| 2.5 Baths \| 1025 Sq. Ft.	$378,980

Address	Redfin Estimate
18400 West Rae Ln, Gurnee, IL - Beds \| 1.5 Baths \| 1319 Sq. Ft.	$311,403
18415 West Rae Ln, Gurnee, IL - Beds \| 1.5 Baths \| 1025 Sq. Ft.	$279,447

Address	Redfin Estimate
18439 West Rae Ln, Gurnee, IL 3 Beds \| 1.5 Baths \| 1025 Sq. Ft.	$290,109
18431 West Rae Ln, Gurnee, IL 3 Beds \| 1.5 Baths \| 1025 Sq. Ft.	$302,290

Property information provided by MRED as Distributed by MLS Grid when last listed in 2020. This data may not match . Learn more.

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About this home

Redfin Estimate

Earn from this home

Market trends in 60031, IL

Redfin agents who toured

Sale history for 18461 W Rae Ln

Tax history for 18461 W Rae Ln

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 60031

Home values near 18461 W Rae Ln

More real estate resources