37640 N Terrace Ln is a 1,480 square foot house on a 7,283 square foot lot with 1 bathroom. Based on Redfin's Spring Grove data, we estimate the home's value is $233,613.
Single-familyProperty Type
1940Year Built
7,283 sq ftLot Size
$158Est. Price/Sq.Ft.
Source:Public Records
Redfin Estimate
$233,613
$4,000 since September
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 31.4% lower than the average sale price ($340K) of 6 comparable homes.
As the MLS and public records start to fill up, we'll list the details here.
Year
Property tax
Land + Additions
Assessment*
2025
$3,863 (+3.0%)
$15,704 + $55,915
$71,619
2024
$3,752 (−14.0%)
$15,704 + $55,915
$71,619
2023
$4,361 (−4.3%)
$14,543 + $51,783
$66,326
2022
$4,557 (+3.7%)
$13,700 + $48,783
$62,483
2021
$4,394 (+11.5%)
$11,064 + $49,895
$60,959
2020
$3,942 (+5.1%)
$10,429 + $47,031
$57,460
2019
$3,750 (+0.2%)
$9,859 + $39,408
$49,267
2018
$3,742 (+5.8%)
$15,463 + $32,397
$47,860
2017
$3,537 (−0.1%)
$15,463 + $32,397
$47,860
2016
$3,541 (+4.3%)
$14,292 + $29,945
$44,237
2015
$3,394 (−33.8%)
$13,071 + $27,387
$40,458
2013
$5,129 (+3.6%)
$11,997 + $36,333
$48,330
2012
$4,952 (+5.1%)
$14,002 + $47,480
$61,482
2011
$4,713 (+1.7%)
$14,886 + $50,478
$65,364
2010
$4,635 (+15.7%)
$14,890 + $56,279
$71,169
2008
$4,005 (+8.2%)
$15,311 + $57,870
$73,181
2007
$3,701
$14,857 + $54,983
$69,840
Tax history for 37640 N Terrace Ln
Year
Property tax
Land + Additions
Assessment*
2025
$3,863 (+3.0%)
$15,704 + $55,915
$71,619
2024
$3,752 (−14.0%)
$15,704 + $55,915
$71,619
2023
$4,361 (−4.3%)
$14,543 + $51,783
$66,326
2022
$4,557 (+3.7%)
$13,700 + $48,783
$62,483
2021
$4,394 (+11.5%)
$11,064 + $49,895
$60,959
2020
$3,942 (+5.1%)
$10,429 + $47,031
$57,460
2019
$3,750 (+0.2%)
$9,859 + $39,408
$49,267
2018
$3,742 (+5.8%)
$15,463 + $32,397
$47,860
2017
$3,537 (−0.1%)
$15,463 + $32,397
$47,860
2016
$3,541 (+4.3%)
$14,292 + $29,945
$44,237
2015
$3,394 (−33.8%)
$13,071 + $27,387
$40,458
2013
$5,129 (+3.6%)
$11,997 + $36,333
$48,330
2012
$4,952 (+5.1%)
$14,002 + $47,480
$61,482
2011
$4,713 (+1.7%)
$14,886 + $50,478
$65,364
2010
$4,635 (+15.7%)
$14,890 + $56,279
$71,169
2008
$4,005 (+8.2%)
$15,311 + $57,870
$73,181
2007
$3,701
$14,857 + $54,983
$69,840
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
R-1
Residential District
The R-1 Districts are intended to accommodate low-density, large-lot residential development and to ensure the protection of areas that develop in such a manner. These districts are a higher density version of the very-low density RE District. Like the RE District, the E and R-1 Districts are expected to accommodate only a very small amount of the county’s overall housing needs. These districts primarily serve those households who desire to live in low-density estate areas and are willing to assume the costs of doing so. Because of the relatively sparse population in E-zoned and R-1-zoned areas, the county will not give high priority to the provision of public services in the areas. Instead, public service provision by the county will be concentrated in areas where more intense future development is called for by the Regional Framework Plan. The low densities permitted in the E and R-1 Districts generally permit in accordance with applicable Lake County Health Department rules; see Chapter 171 on-site, individual sewage disposal systems and wells, thereby reducing the need for inefficient public expenditures. The R-1 Districts are intended to implement and correspond to the Regional Framework Plan’s Residential-Medium Lot future land use designation.
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
Interior
Basement Information
Basement Sq. Ft: 835
Bathroom Information
# of Full Baths: 1
Heating & Cooling
Air Conditioning Type: Central
Fireplace Information
# of Fireplaces: 1
Has Fireplace
Exterior
Exterior Information
Physical Condition: Average
Building Construction Quality: Average
Property Information
Subdivision Name: NIPPERSINK TERRACE
Living Sq. Ft: 1,480
Ground Floor Sq. Ft: 1,480
Building Sq. Ft: 2,315
# of Stories: 1
Legal Description: NIPPERSINK TERRACE LOT 54
Parking & Garage Information
# of Parking Spaces: 1
Parking Type: Detached Garage
Garage/Parking Sq. Ft: 560
Garage / Carport Type: Detached
Lot Information
# of Buildings: 1
Land Sq. Ft: 7,283
Legal Lot Number: 54
Municipality Name: GRANT TWP
Acres: 0.1672
County Use Description: RESIDENTIAL IMPROVEMENTS
Financial
Assessor Information
Assessment Year: 2025
Tax District County: GRANT TOWNSHIP
Public facts
Beds: —
Baths: 1.0
Sq. Ft.: 1,480
Stories: 1.0
Lot Size: 7,283 square feet
Style: Single Family Residential
Year Built: 1940
Year Renovated: 1940
County: Lake County
APN: 05-04-110-033
Home facts updated by county records on Jul 15, 2026
Around this home
Schools
Lotus School
Public PreK-4 • Assigned • 1.5mi
4/10
Stanton School
Public 5-8 • Assigned • 2.2mi
4/10
Grant Community High School
Public 9-12 • Assigned • 2.2mi
3/10
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
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
2/10 Heat Factor
7 days above 101° expected this year, 14 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Spring Grove, IL • 60081
Average low and high temperatures (°F)
28
13
36
19
52
31
61
40
68
47
80
60
84
65
80
61
77
55
66
46
49
35
34
20
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 10.1 hours in
June and 3.4 hours in December, placing it below the
U.S. average for solar exposure.
10.1 hrs
3.4 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$222,000 – $269,000
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