5055 Grand Ave
Gurnee, IL 60031
2 bd 2 ba 3,584 sqft Built 1950 Lot 38,999 sqft single_family
Most recent sale
$260,000
Oct 12, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Oct 22, 2024 | Sold | $340,000 | MRED |
| Aug 8, 2024 | Price changed | $340,000 | MRED |
| Jul 20, 2024 | Price changed | $350,000 | MRED |
| Jul 17, 2024 | Price changed | $355,000 | MRED |
| Jun 14, 2024 | Listed | $360,000 | MRED |
| Oct 12, 2022 | Sold | $260,000 | MLS #11441401 |
| Sep 5, 2022 | Listed | $270,000 | MLS #11441401 |
| Oct 1, 2019 | Sold | $228,888 | MLS #10442056 |
| Dec 17, 2018 | Listing removed | $248,888 | MRED |
| Aug 21, 2018 | Listing removed | $248,888 | MRED |
| Jun 27, 2018 | Price changed | $248,888 | MLS #09959943 |
| May 23, 2018 | Listed | $273,888 | MLS #09959943 |
| Feb 16, 2011 | Sold | $125,000 | Public Record |
| Dec 3, 2008 | Listing removed | $254,900 | MRED |
| Dec 3, 2007 | Listed | $254,900 | MLS #06744242 |
| Nov 2, 2007 | Listing removed | $290,000 | MRED |
| Apr 19, 2007 | Listed | $290,000 | MLS #06483884 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $80,381 | $23,073 | $103,454 | $8,317 |
| 2023 | $73,961 | $21,230 | $95,191 | $8,152 |
| 2022 | $55,488 | $22,047 | $77,535 | $7,188 |
| 2021 | $53,262 | $21,162 | $74,424 | $6,531 |
| 2020 | $51,953 | $20,642 | $72,595 | $6,329 |
| 2019 | $50,445 | $20,043 | $70,488 | $6,736 |
| 2018 | $47,836 | $23,361 | $71,197 | $6,953 |
| 2017 | $46,465 | $22,692 | $69,157 | $6,828 |
| 2016 | $44,396 | $21,682 | $66,078 | $6,653 |
| 2015 | $42,105 | $20,563 | $62,668 | $6,499 |
| 2014 | $42,105 | $20,563 | $62,668 | $5,648 |
| 2013 | $33,987 | $20,285 | $54,272 | $6,980 |
| 2012 | $19,758 | $21,014 | $40,772 | $3,768 |
| 2011 | $53,512 | $22,332 | $75,844 | $2,985 |
| 2010 | $76,941 | $26,159 | $103,100 | $7,450 |
| 2009 | $81,032 | $27,550 | $108,582 | $7,265 |
| 2008 | $82,308 | $27,461 | $109,769 | $7,150 |
| 2007 | $82,437 | $26,384 | $108,821 | $7,071 |
| 2006 | $72,347 | $20,749 | $93,096 | $6,176 |
Property facts
Year built
1950
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
3,584 sqft
Lot size
38,999 sqft
ZIP code
60031
City
Gurnee
Street
Grand Ave
Coordinates
42.37452, -87.92797
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$1,560
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 5055 Grand Ave last sell?
5055 Grand Ave most recently sold on Oct 12, 2022 for $260,000.
What is the current tax assessment for 5055 Grand Ave?
The most recent total assessment for 5055 Grand Ave (year 2024) is $103,454 with $8,317 in property tax.
How does 5055 Grand Ave's assessment compare to its last sale price?
The current assessment is 60.2% below the last sale price of $260,000.
When was 5055 Grand Ave built?
5055 Grand Ave was built in 1950.
How does 5055 Grand Ave compare to others on Grand Ave?
We track 8 other properties on Grand Ave. Browse the list under "Other properties on Grand Ave" to compare beds, baths, and sale history.
What are the property facts for 5055 Grand Ave?
5055 Grand Ave is a 2 bed, 2 bath, 3,584 sqft, 38,999 sqft lot single_family.
Is 5055 Grand Ave a flip candidate?
No — 5055 Grand Ave does not appear in our flips dataset.
Is 5055 Grand Ave a tax-appeal candidate?
No — 5055 Grand Ave is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+3.0%
Implied 1-yr
+12.1%
2026 Q3
$471K
2026 Q4
$482.8K
ZIP 60031 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Grand Ave