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4856 Kings Way

Gurnee, IL 60031

4 bd 4 ba 2,786 sqft Built 1993 Lot 11,326 sqft single_family
Most recent sale
$464,500
Apr 7, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 7, 2022 Sold $464,500 MLS #11333889
Mar 1, 2022 Listed $450,000 MLS #11333889
Apr 29, 2020 Listing removed $3,600 MRED
Mar 29, 2020 Listing removed $397,900 MRED
Mar 28, 2020 Listed for rent $3,600 MRED
Mar 12, 2020 Listed $397,900 MLS #10665679
Aug 13, 1997 Sold $278,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $133,300 $27,350 $160,650 $13,428
2023 $124,463 $25,537 $150,000 $12,702
2022 $112,270 $20,124 $132,394 $13,116
2021 $107,765 $19,317 $127,082 $11,892
2020 $105,116 $18,842 $123,958 $11,525
2019 $102,064 $18,295 $120,359 $10,653
2018 $102,572 $20,562 $123,134 $10,889
2017 $99,633 $19,973 $119,606 $10,660
2016 $95,197 $19,084 $114,281 $10,578
2015 $90,285 $18,099 $108,384 $10,312
2014 $90,285 $18,099 $108,384 $10,877
2013 $93,751 $17,839 $111,590 $9,904
2012 $96,073 $18,281 $114,354 $9,395
2011 $112,087 $19,536 $131,623 $9,806
2010 $124,761 $19,442 $144,203 $9,918
2009 $124,063 $20,476 $144,539 $9,624
2008 $126,018 $21,407 $147,425 $9,532
2007 $125,933 $20,561 $146,494 $9,384
2006 $113,861 $19,982 $133,843 $8,823

Property facts

Year built
1993
Property type
single_family
Stories
2
Beds
4
Baths
4
Living area
2,786 sqft
Lot size
11,326 sqft
ZIP code
60031
City
Gurnee
Street
Kings Way
Coordinates
42.35135, -87.92267

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$5,015
Gross rental yield
12.96%
Implied cap rate
8.42%
Trend-extrapolated value

Frequently asked questions

When did 4856 Kings Way last sell?
4856 Kings Way most recently sold on Apr 7, 2022 for $464,500.
What is the current tax assessment for 4856 Kings Way?
The most recent total assessment for 4856 Kings Way (year 2024) is $160,650 with $13,428 in property tax.
How does 4856 Kings Way's assessment compare to its last sale price?
The current assessment is 65.4% below the last sale price of $464,500.
When was 4856 Kings Way built?
4856 Kings Way was built in 1993.
How does 4856 Kings Way compare to others on Kings Way?
We track 8 other properties on Kings Way. Browse the list under "Other properties on Kings Way" to compare beds, baths, and sale history.
What are the property facts for 4856 Kings Way?
4856 Kings Way is a 4 bed, 4 bath, 2,786 sqft, 11,326 sqft lot single_family.
Is 4856 Kings Way a flip candidate?
No — 4856 Kings Way does not appear in our flips dataset.
Is 4856 Kings Way a tax-appeal candidate?
No — 4856 Kings Way is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+3.0%
Implied 1-yr
+12.1%
2026 Q3
$471K
2026 Q4
$482.8K
ZIP 60031 — Median Price History + Forecast

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