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2001 Madison Avenue Gurnee, IL 60031 Residential - Single Family Price Change

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Description

Welcome Home! Spacious 4BR, 2.1BA home featuring a finished basement, 2-car garage, and a large .39-acre fenced lot. Open floor plan with a well maintained kitchen offering granite countertops, stainless steel appliances, decorative backsplash, recessed lighting, and a island opening to the family room with a wood burning fireplace. Formal dining room and additional living room with doors provide flexible space for an office, den, or playroom. Convenient first floor laundry located off the garage with backyard access. Primary bedroom features a walk-in closet, vanity area, and private bath with soaking tub and separate shower. Finished basement ideal for entertaining with ample storage. Oversized deck with hot tub and fire pit. Numerous improvements completed over the years. Roof, windows, and vinyl siding installed in 2010. Furnace, A/C, and water heater replaced in 2020. Basement improvements and second floor carpet completed in 2022. Minutes to Gurnee Mills, Six Flags, restaurants, parks, schools, and I-94.

Property Highlights

Property Type: Residential - Single Family
Total Living Area SF: 2,936
Garage Size: 2
Attached Garage
Built in 1988
Elementary School: Woodland Elementary School
High School: Warren Township High School
Middle School: Woodland Middle School
Hot Tub
One Fireplace

General Information

Bedrooms: 4
Bathrooms: 3
Sqft: 2,936
County: Lake
High School: Warren Township High School
Subdivision: Westgate
Listed By:
Compass 847-318-3718
MRED MLS

Room Information

Recreation Room: 37X20
Bedroom 2: 13X11
Bedroom 3: 12X11
Bedroom 4: 12X11
Dining Room: 13X11
Family Room: 19X15
Kitchen: 20X12
Laundry: 10X9
Living Room: 17X12
Primary Bedroom: 19X12
$460,000
Est. $2,892/mo
4beds
3baths
2,936sqft
2cars
New to the Market Price Change Price Reduced $10,000 on March 5th, 2026
BEDS4 BATHS2 full 1 partial SQUARE FEET2,936 MLS#12582886
STATUSPrice Change PROPERTY TYPEResidential - Single Family SUBDIVISIONWestgate SCHOOLDistrict 121

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2001 Madison Avenue, Gurnee, IL 60031.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $460,000$460,000$460,000
Down Payment $92,000$16,100$115,000
Monthly Mortgage Amount $2,118$2,636$2,751
Taxes $640$640$640
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$202$0
Monthly Estimated Total $2,892$3,612$3,525

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