OFF MARKET

Off Market Jun 2024 for $275K

$391,735

•

2,418

sq ft

4240 Elm Rd, Gurnee, IL 60031

About this home

Beautiful Property in a Premium Location! Discover an exceptional opportunity to own a beautiful piece of property in a prime location. This offering includes a double lot, comprising of two charming parcels of land, perfect for those seeking space and potential. The home offers generous space, ready to be transformed with your creative updating ideas. The vacant lot to the left of the home is part of this remarkable property, adding even more potential for future development or personal use. Embrace the chance to create your dream space in a location that combines charm and convenience. Don't miss out on this rare find!

Single-familyProperty Type

1937Year Built

1.34 acresLot Size

$162Est. Price/Sq.Ft.

2 car garageParking

Listed by Carolyn Schartz • Baird & Warner

Bought with Carolyn Schartz • Baird & Warner

Redfin checked: 2 minutes ago

•Source:MRED as Distributed by MLS Grid #12061359

Redfin Estimate

$391,735

$117K since sold in June 2024$9,000 since August

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 4.3% lower than the average sale price ($410K) of 6 comparable homes.

SOLD JUN 29, 2026
4269 Harper Ave, Gurnee, IL 60031
$411,000
A
3 beds2.5 baths2,067 sq ft
4269 Harper Ave, Gurnee, IL 60031
SOLD AUG 3, 2026
$535,000
B
3 beds2.5 baths2,718 sq ft
4669 Kingsway N, Gurnee, IL 60031
SOLD MAY 18, 2026
$285,000
C
4 beds3 baths1,846 sq ft
4221 Old Grand Ave, Gurnee, IL 60031
SOLD JUL 7, 2026
$410,000
D
3 beds2 baths2,402 sq ft
4931 Carriage Dr, Gurnee, IL 60031
SOLD MAR 30, 2026
$341,000
E
3 beds2 baths1,480 sq ft
546 Thorndale Ave, Park City, IL 60085
SOLD MAR 27, 2026
$475,000
F
4 beds2.5 baths2,283 sq ft
374 Farmgate Ct, Gurnee, IL 60031

Claim this home to receive a free report every month with insights on the changing estimate.

Earn from this home

Sell

$161,019

Est. take-home

List your home with Redfin and save $1,959

Rent

$2,538/mo

Redfin rental estimate

List your home for rent

Market trends in 60031, IL

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

100.5%

+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 23 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

Sale history for 4240 Elm Rd

Year

Property tax

Land + Additions

Assessment*

2025

$7,814 (+190.3%)

$22,141 + $71,158

$93,299

2024

$2,691 (−58.5%)

$22,141 + $71,158

$93,299

2023

$6,489 (+94.4%)

$21,089 + $65,051

$86,140

2022

$3,338 (+5.3%)

$19,579 + $60,395

$79,974

2021

$3,170 (+0.4%)

$20,141 + $48,567

$68,708

2020

$3,156 (+0.8%)

$18,770 + $45,260

$64,030

2019

$3,132 (−3.4%)

$17,777 + $42,865

$60,642

2018

$3,243 (−1.1%)

$13,169 + $48,737

$61,906

2017

$3,279 (−1.9%)

$13,169 + $48,737

$61,906

2016

$3,344 (−2.9%)

$12,792 + $47,340

$60,132

2015

$3,444 (+4.3%)

$12,222 + $45,232

$57,454

2013

$3,303 (+6.4%)

$11,464 + $50,032

$61,496

2012

$3,104 (+11.9%)

$11,748 + $51,271

$63,019

2011

$2,773 (+7.9%)

$12,485 + $54,486

$66,971

2010

$2,571 (+6.1%)

$12,423 + $57,919

$70,342

2008

$2,423 (−0.4%)

$13,083 + $60,999

$74,082

2007

$2,432

$13,104 + $61,940

$75,044

Tax history for 4240 Elm Rd

Year

Property tax

Land + Additions

Assessment*

2025

$7,814 (+190.3%)

$22,141 + $71,158

$93,299

2024

$2,691 (−58.5%)

$22,141 + $71,158

$93,299

2023

$6,489 (+94.4%)

$21,089 + $65,051

$86,140

2022

$3,338 (+5.3%)

$19,579 + $60,395

$79,974

2021

$3,170 (+0.4%)

$20,141 + $48,567

$68,708

2020

$3,156 (+0.8%)

$18,770 + $45,260

$64,030

2019

$3,132 (−3.4%)

$17,777 + $42,865

$60,642

2018

$3,243 (−1.1%)

$13,169 + $48,737

$61,906

2017

$3,279 (−1.9%)

$13,169 + $48,737

$61,906

2016

$3,344 (−2.9%)

$12,792 + $47,340

$60,132

2015

$3,444 (+4.3%)

$12,222 + $45,232

$57,454

2013

$3,303 (+6.4%)

$11,464 + $50,032

$61,496

2012

$3,104 (+11.9%)

$11,748 + $51,271

$63,019

2011

$2,773 (+7.9%)

$12,485 + $54,486

$66,971

2010

$2,571 (+6.1%)

$12,423 + $57,919

$70,342

2008

$2,423 (−0.4%)

$13,083 + $60,999

$74,082

2007

$2,432

$13,104 + $61,940

$75,044

*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

Stories

Lot width

—

Lot depth

—

Lot size

0.68 Acres

Year renovated

1937

Sq. Ft.

2,418

Year built

1937

Style

Single Family Residential

County

Lake County

APN

07-23-409-024

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 15, 2026.

Single Family Residential District

The R-2 Single Family Residential District is intended for areas of moderate density development and function as a transitional zone between areas of semi-rural character and developed residential district. The R-2 districts accommodates detached single-family dwellings on relatively large lots that are serviced by community sewer and water, which is prerequisite for development. Limited non-residential uses, which are compatible with surrounding residential neighborhoods may be permitted.

Permitted uses

Include but are not limited to:

Religious facility
Garden center
Housing-Group
Housing-Single unit
Educational/school
Recreation
Park & open space

Property details

Parking

Parking Information
# of Garage Spaces: 2
# of Parking (Total): 2
Parking: Garage
Garage Ownership: Owned
Garage On-Site: Yes
Garage Type: Detached
Garage Details: Garage Door Opener(s)
Driveway: Asphalt

Interior

Bathroom Information
# of Baths (Full): 3

Bedroom Information
# of Bedrooms: 3
# of Bedrooms Possible: 3

Room Information
Room Type: Enclosed Porch
Level: Main
Dimensions: 20 x 8

Room Information
Room Type: Mud Room
Level: Main
Dimensions: 10 x 6

Room Information
Room Type: Bedroom 2
Level: Second
Dimensions: 13 x 12

Room Information
Room Type: Bedroom 3
Level: Main
Dimensions: 11 x 10

Room Information
Room Type: Bedroom 4

Room Information
Room Type: Dining Room
Level: Main
Dimensions: 18 x 13

Room Information
Room Type: Family Room

Room Information
Room Type: Kitchen
Type: Eating Area-Table Space
Level: Main
Dimensions: 14 x 13

Room Information
Room Type: Laundry
Level: Main
Dimensions: 8 x 8

Room Information
Room Type: Living Room
Level: Main
Dimensions: 25 x 25

Room Information
Room Type: Master Bedroom
Level: Second
Dimensions: 17 x 13
Bath: Full

Additional Rooms Information
Dining Room: Separate
Basement: Partial
Basement Description: Unfinished

Interior Features
# of Rooms: 6

Fireplace Information
# of Fireplaces: 1
Fireplace Location: Family Room
Fireplace Features: Wood Burning

Exterior

Exterior Features
Exterior Features: Patio, Porch

Building Information
Living Area Source: Assessor
Exterior Building Type: Aluminum Siding
Age: 81-90 Years
Built Before 1978 (Y/N): Yes
Roof: Asphalt
Foundation Details: Concrete Perimeter

Property Information
Property Type: Detached Single
Property Type: 1.5 Story
Model: CUSTOM
Ownership: Fee Simple
Property Currently Being Leased: No
Rebuilt (Y/N): No
Rehab (Y/N): No
General Information: School Bus Service
Parcel Number: 07234090240000
Additional Parcels Description: 07234090250000

Lot Information
Dimensions: 204X301X200X272
Lot Size: 1.0-1.99 Acres
Lot Features: Landscaped, Mature Trees

Financial

Tax Information
Tax Annual Amount: $8,462.08
Tax Year: 2023
Tax Exemptions: Homeowner,Senior

Financial Information
Finance Code: Cash
Special Service Area: N

Utilities

Utility Information
Water Source: Public
Sewer: Public Sewer

Heating & Cooling
Heating: Natural Gas, Forced Air
Cooling: Central Air

Location

Community Information
Community Features: Street Paved

Homeowners Association Information
Master Association Fee Frequency: Not Required

School Information
Elementary School District: 56
Middle Or Junior School District: 56
Middle Or Junior School: Viking Middle School
High School District: 121
High School: Warren Township High School

Location Information
Township: Warren
Corporate Limits: Gurnee
Directions: O'Plaine Road, South on Washington, East on Elm Road

Public facts

Beds: —
Baths: 3.0
Sq. Ft.: 2,418
Stories: 2.0
Lot Size: 0.68 acres
Style: Single Family Residential
Year Built: 1937
Year Renovated: 1937
County: Lake County
APN: 07-23-409-024

Home facts updated by county records on Jul 15, 2026

Other

Listing Information
Holds Earnest Money: Yes
Possession: Closing
Some Photos Virtually Staged?: No

Around this home

Schools

River Trail School

Public K-8 • Assigned • 0.4mi

4/10

Warren Township High School

Public 9-12 • Assigned • 3.6mi

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

3/10 Fire Factor

0.15% chance of being in a wildfire in next 30 years

2/10 Heat Factor

7 days above 99° 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

2 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

$373,000 – $451,000

Reach more buyers when you sell with Redfin. Save up to $3,917 in fees. 3 minutes to get started.

Need the cash from your home fast? Sell to .

Nearby similar homes

$436,000

5 beds2.5 baths2,689 sq ft

430 Gillings Dr, Gurnee, IL 60031

3D WALKTHROUGH

$1,399,900

6 beds5 baths4,249 sq ft

14805 Creekside Path, Libertyville, IL 60048

$339,900

3 beds1.5 baths2,673 sq ft

3717 Grandmore Ave, Gurnee, IL 60031

$319,900

3 beds2 baths1,108 sq ft

645 Stout Ct, Gurnee, IL 60031

$715,000

4 beds3.5 baths2,464 sq ft

1965 S Finch Ct, Libertyville, IL 60048

$318,000

3 beds2 baths1,104 sq ft

609 Baldwin Ave, Waukegan, IL 60085

New listings for sale in 60031

$350,000

3 beds3 baths1,323 sq ft

3884 Woodlawn Ave, Gurnee, IL 60031

NEW 23 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 ACCESSCOLDWELL BANKER COMING SOON

$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

Home values near 4240 Elm Rd

Data from public records.

Address	Redfin Estimate
4331 Elm Road, Gurnee, IL 3 Beds \| 1 Baths \| 1600 Sq. Ft.	$352,004
4366 Elm Road, Gurnee, IL 2 Beds \| 1 Baths \| 696 Sq. Ft.	$257,139

Address	Redfin Estimate
4215 Elm Road, Gurnee, IL 5 Beds \| 3 Baths \| 2052 Sq. Ft.	$278,351
4285 Elm Road, Gurnee, IL - Beds \| 1 Baths \| 1296 Sq. Ft.	$310,271

Address	Redfin Estimate
4350 Elm Road, Gurnee, IL 6 Beds \| - Baths \| - Sq. Ft.	$117,211
4275 Elm Road, Gurnee, IL - Beds \| 2 Baths \| 1548 Sq. Ft.	$342,374

Property information provided by MRED as Distributed by MLS Grid when last listed in 2024. This data may not match . Learn more.

More real estate resources

Cities
Zip Codes
Neighborhoods
Popular Searches

Arlington Heights homes for sale
Schaumburg homes for sale
Glenview homes for sale

Download the Redfin App on the Apple App Store

Download the Redfin App from the Google Play Store

Join us

Become an Agent

Get referrals

Careers

Find homes faster

About us

Find us

Subsidiaries

Affiliated Business

Countries

United States

Canada

Updated September 2025: By searching, you agree to the Terms of Use, and Privacy Policy.

Do not sell or share my personal information.

REDFIN and all REDFIN variants, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.

California DRE #01521930

Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures

New Mexico Real Estate Licenses

TREC: Info About Brokerage Services, Consumer Protection Notice

All mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State Department of Financial Services for mortgage solicitation or loan applications activities related to properties located in the State of New York.

Redfin Corporation is an affiliated business of Rocket Limited Partnership. Each company, and their subsidiaries, are separate legal entities operated and managed through its own management and governance structures.

If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.

REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.

GreatSchools Ratings provided by GreatSchools.org.

60085 homes for sale
60087 homes for sale
60048 homes for sale
60030 homes for sale
60031 homes for sale

Cambridge at Heatherridge homes for sale
The Links at Midlane homes for sale
North Waukegan homes for sale
Grand Estates homes for sale
Wildwood on Gages Lake homes for sale

Houses for rent in Gurnee	Agents near me	Glenview, IL homes for sale	Gurnee Housing Market
Houses for sale near me	Chicago, IL homes for sale	Evanston, IL homes for sale
Land for sale near me	Naperville, IL homes for sale	Oak Park, IL homes for sale
Open Houses near me	Schaumburg, IL homes for sale	Gurnee Property Records
Condos for sale near me	Arlington Heights, IL homes for sale	IL New Listings