OFF MARKET

Off Market Jul 2023 for $175K

$230,434

Est. refi paymentEst. refi $1,150/mo

•

1,162

sq ft

731 Shepard Rd, Gurnee, IL 60031

About this home

Sharp 2 bedroom 2 bath townhome with 1 car detached garage features freshly painted interior and new flooring (vinyl planking on first floor and carpet on stairs & second floor). Updated 1st floor bathroom. New air conditioner in 2021 and new water heater. Living room features vaulted ceiling and wood burning fireplace. Patio and balcony overlooks nice open and light setting! Complex features beautiful grounds, golf course, clubhouse, swimming pool, tennis courts, on-site 24 hour security, and more. An exceptional value. See it today!

TownhomeProperty Type

1976Year Built

$198Est. Price/Sq.Ft.

1 car garageParking

Listed by Scott Paul • RE/MAX Suburban

Bought with Quin O'Brien • 4 Sale Realty Advantage LLC

Redfin checked: a minute ago

•Source:MRED as Distributed by MLS Grid #11815552

Redfin Estimate

$230,434

$55K since sold in July 2023$0 since July

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 8% lower than the average sale price ($251K) of 6 comparable homes.

SOLD MAY 14, 2026
$229,900
A
1 bed2 baths1,162 sq ft
727 Colby Ct, Gurnee, IL 60031
SOLD BY REDFIN MAR 19, 2026
$261,500
B
2 beds2 baths1,162 sq ft
758 Chandler Rd, Gurnee, IL 60031
SOLD APR 28, 2026
$240,000
C
2 beds2 baths1,364 sq ft
748 Chandler Rd, Gurnee, IL 60031
SOLD MAY 8, 2026
$260,000
D
2 beds2 baths1,364 sq ft
705 Colby Ct, Gurnee, IL 60031
SOLD SEP 3, 2021
$262,000
E
3 beds2 baths1,108 sq ft
650 White Ct, Gurnee, IL 60031
SOLD JUN 8, 2026
$250,000
F
1 bed2 baths1,162 sq ft
939 Chase Ct, Gurnee, IL 60031

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Earn from this home

Sell

$86,219

Est. take-home

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Refinance

Est. cash available

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Rent

$2,108/mo

Redfin rental estimate

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Market trends in 60031, IL

Last updated July 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

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18610 W Karen Ln, Gurnee, IL 60031
EARLY ACCESS
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2087 Maplewood Dr, Gurnee, IL 60031
NEW 22 HRS AGO
$514,000
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1531 Vineyard Dr, Gurnee, IL 60031
$384,900
4 beds2 baths1,608 sq ft
36581 N Grandwood Dr, Gurnee, IL 60031
$289,000
3 beds1.5 baths925 sq ft
18559 W Karen Ln, Gurnee, IL 60031
$245,000
2 beds2.5 baths1,676 sq ft
5907 Delaware Ave, Gurnee, IL 60031
OPEN SAT, 12PM TO 2PM
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3 beds3 baths3,424 sq ft
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EARLY ACCESS
$650,000
4 beds3 baths2,956 sq ft
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See all

Provided by Redfin

Sale history for 731 Shepard Rd

Year

Property tax

Land + Additions

Assessment*

2025

$4,223 (+8.8%)

$8,940 + $54,083

$63,023

2024

$3,881 (−6.5%)

$8,940 + $54,083

$63,023

2023

$4,149 (+1.7%)

$8,185 + $49,513

$57,698

2022

$4,080 (+18.8%)

$7,599 + $45,969

$53,568

2021

$3,435 (+3.6%)

$5,929 + $41,933

$47,862

2020

$3,316 (+3.1%)

$5,369 + $37,973

$43,342

2019

$3,216 (+44.1%)

$5,085 + $35,965

$41,050

2018

$2,232 (+2.7%)

$2,676 + $27,738

$30,414

2017

$2,173 (+1.7%)

$2,676 + $27,738

$30,414

2016

$2,136 (+3.9%)

$2,599 + $26,943

$29,542

2015

$2,057 (+6.3%)

$2,483 + $25,743

$28,226

2013

$1,936 (−37.0%)

$2,323 + $23,328

$25,651

2012

$3,075 (+4.2%)

$2,381 + $37,409

$39,790

2011

$2,951 (+1.6%)

$2,530 + $39,755

$42,285

2010

$2,904 (+0.8%)

$2,516 + $42,550

$45,066

2008

$2,882 (+0.6%)

$2,649 + $45,586

$48,235

2007

$2,864

$2,662 + $46,317

$48,979

Tax history for 731 Shepard Rd

Year

Property tax

Land + Additions

Assessment*

2025

$4,223 (+8.8%)

$8,940 + $54,083

$63,023

2024

$3,881 (−6.5%)

$8,940 + $54,083

$63,023

2023

$4,149 (+1.7%)

$8,185 + $49,513

$57,698

2022

$4,080 (+18.8%)

$7,599 + $45,969

$53,568

2021

$3,435 (+3.6%)

$5,929 + $41,933

$47,862

2020

$3,316 (+3.1%)

$5,369 + $37,973

$43,342

2019

$3,216 (+44.1%)

$5,085 + $35,965

$41,050

2018

$2,232 (+2.7%)

$2,676 + $27,738

$30,414

2017

$2,173 (+1.7%)

$2,676 + $27,738

$30,414

2016

$2,136 (+3.9%)

$2,599 + $26,943

$29,542

2015

$2,057 (+6.3%)

$2,483 + $25,743

$28,226

2013

$1,936 (−37.0%)

$2,323 + $23,328

$25,651

2012

$3,075 (+4.2%)

$2,381 + $37,409

$39,790

2011

$2,951 (+1.6%)

$2,530 + $39,755

$42,285

2010

$2,904 (+0.8%)

$2,516 + $42,550

$45,066

2008

$2,882 (+0.6%)

$2,649 + $45,586

$48,235

2007

$2,864

$2,662 + $46,317

$48,979

*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

828 Sq. Ft.

Year renovated

1976

Sq. Ft.

1,162

Year built

1976

Style

Townhouse

County

Lake County

APN

07-28-403-047

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 15, 2026.

PUD

Limited Multi-Family Residential District

The R-5 Limited Multi-Family Residential District accommodates a variety of residential structures, such as detached single-family dwellings, two-family dwellings and townhouses and other multi-family housing. The R-5 District is intended only for areas where adequate public utilities and other infrastructure exist that can serve higher density development, as well as where such a development will not negatively impact lower density residential neighborhoods. Limited non-residential uses, which are compatible with surrounding residential neighborhoods may be permitted.

Zone overlays

Planned Unit Development District

Permitted uses

Include but are not limited to:

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

Property details

Parking

Parking Information
# Of Cars: 1
# of Garage Spaces: 1
Parking: Garage
Garage On-Site: Yes
Garage Type: Detached
Garage Details: Garage Door Opener(s),Transmitter(s)

Interior

Bathroom Information
# of Baths (Full): 2

Bedroom Information
# of Bedrooms: 2
# of Bedrooms Possible: 2

Room Information
Room Type: Bedroom 2
Level: Main
Dimensions: 11 x 14
Flooring: Vinyl

Room Information
Room Type: Bedroom 3

Room Information
Room Type: Bedroom 4

Room Information
Room Type: Dining Room
Level: Main
Dimensions: COMBO
Flooring: Vinyl

Room Information
Room Type: Family Room

Room Information
Room Type: Kitchen
Type: Eating Area-Table Space
Level: Main
Dimensions: 11 x 11
Flooring: Vinyl

Room Information
Room Type: Laundry

Room Information
Room Type: Living Room
Level: Main
Dimensions: 13 x 22
Flooring: Vinyl

Room Information
Room Type: Master Bedroom
Level: Second
Dimensions: 13 x 14
Flooring: Carpet
Bath: Full

Additional Rooms Information
Dining Room: Combined w/ LivRm
Basement Description: Crawl
Laundry Features: In Unit

Interior Features
# of Rooms: 5

Equipment
Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Range Hood
CO Detectors, Ceiling Fan(s), Sump Pump

Fireplace Information
# of Fireplaces: 1
Fireplace Location: Living Room

Exterior

Exterior Features
Exterior Features: Balcony, Patio

Building Information
# Of Units in Building: 4
Living Area Source: Assessor
Exterior Building Type: Cedar
Age: 41-50 Years
Built Before 1978 (Y/N): Yes
Roof: Asphalt

Property Information
Property Type: Attached Single
Property Type: Townhouse-2 Story
Model: BIRCH
Ownership: Fee Simple w/ HO Assn.
Rebuilt (Y/N): No
Rehab (Y/N): No
General Information: School Bus Service
Parcel Number: 07284030470000

Lot Information
Dimensions: 828
Lot Features: Common Grounds

Financial

Tax Information
Tax Annual Amount: $4,080.44
Tax Year: 2022
Tax Exemptions: Homeowner

Financial Information
Finance Code: Cash
Special Service Area: N

Utilities

Utility Information
Water Source: Public
Sewer: Public Sewer

Heating & Cooling
Heating: Electric, Forced Air
Cooling: Central Air

Location

Community Information
Pets Allowed (Y/N): Yes
Pets Allowed: Cats OK, Dogs OK
Max Pet Weight: 999

Homeowners Association Information
Association Fee: $399
Association Fee Frequency: Monthly
Association Fee Includes: Water, Security, Clubhouse, Pool, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal
Master Association Fee Frequency: Not Required
Association Amenities: Golf Course, Park, Party Room, Pool, Tennis Court(s), Clubhouse

School Information
Elementary School District: 50
Elementary School: Woodland Elementary School
Middle Or Junior School District: 50
Middle Or Junior School: Woodland Middle School
High School District: 121
High School: Warren Township High School

Location Information
Unit Floor Level: 1
Township: Warren
Corporate Limits: Gurnee
Directions: Gages Lake & Colby, S2 Shepard Rd., turn right and go down hill to 731. (Not 731 Shepard Ct.)

Public facts

Beds: 2
Baths: 2.0
Sq. Ft.: 1,162
Stories: 2.0
Lot Size: 828 square feet
Style: Townhouse
Year Built: 1976
Year Renovated: 1976
County: Lake County
APN: 07-28-403-047

Home facts updated by county records on Jul 15, 2026

Other

Listing Information
Holds Earnest Money: Yes
Possession: Closing

Around this home

Schools
Places
Transit

Woodland Elementary School

Public 1-3 • Assigned • 1.0mi

5/10

Woodland Middle School

Public 6-8 • Assigned • 1.7mi

5/10

Warren Township High School

Public 9-12 • Assigned • 1.7mi

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 98° 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, 4 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

$219,000 – $265,000

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New listings for sale in 60031

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Home values near 731 Shepard Rd

Data from public records.

Address	Redfin Estimate
713 Shepard Road, Gurnee, IL 1 Beds \| 1.5 Baths \| 956 Sq. Ft.	$188,166
728 Shepard Road, Gurnee, IL 2 Beds \| 1 Baths \| 782 Sq. Ft.	$180,943

Address	Redfin Estimate
727 Shepard Road, Gurnee, IL 2 Beds \| 2 Baths \| 1162 Sq. Ft.	$222,135
715 Shepard Road, Gurnee, IL 2 Beds \| 2 Baths \| 1162 Sq. Ft.	$221,904

Address	Redfin Estimate
729 Shepard Road, Gurnee, IL 2 Beds \| 2 Baths \| 1162 Sq. Ft.	$238,214
711 Shepard Road, Gurnee, IL 2 Beds \| 2 Baths \| 1162 Sq. Ft.	$213,888

Property information provided by MRED as Distributed by MLS Grid when last listed in 2023. This data may not match . Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Redfin Estimate

Earn from this home

Market trends in 60031, IL

Sale history for 731 Shepard Rd

Tax history for 731 Shepard Rd

Public record

Property details

Around this home

Lifestyle

Climate risks

Historical weather

Sun exposure

Nearby similar homes

New listings for sale in 60031

Home values near 731 Shepard Rd

More real estate resources