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549 Magnolia Ave

Gurnee, IL 60031

3 bd 2 ba 1,374 sqft Built 1984 Lot 10,881 sqft single_family
Most recent sale
$315,000
Sep 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 1, 2022 Sold $315,000 MLS #11470280
Jul 21, 2022 Listed $315,000 MLS #11470280
Apr 11, 2014 Sold $170,000 MLS #08502802
Dec 13, 2013 Listed $179,900 MLS #08502802
Sep 25, 2013 Sold $80,000 MLS #08425054
Aug 20, 2013 Listed $90,000 MLS #08425054
Feb 25, 2011 Listing removed $130,000 MRED
Aug 25, 2010 Price changed $130,000 MLS #07590205
Jul 23, 2010 Listed $180,000 MLS #07590205

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $83,428 $13,159 $96,587 $7,282
2023 $72,848 $11,491 $84,339 $6,747
2022 $54,026 $10,648 $64,674 $5,896
2021 $49,389 $9,734 $59,123 $5,070
2020 $48,175 $9,495 $57,670 $4,910
2019 $46,776 $9,219 $55,995 $4,785
2018 $47,196 $8,911 $56,107 $4,893
2017 $45,844 $8,656 $54,500 $4,788
2016 $43,803 $8,271 $52,074 $4,639
2015 $41,543 $7,844 $49,387 $4,499
2014 $41,543 $7,844 $49,387 $5,532
2013 $49,446 $8,204 $57,650 $5,181
2012 $50,671 $8,407 $59,078 $4,915
2011 $53,848 $8,934 $62,782 $4,745
2010 $55,750 $8,866 $64,616 $4,501
2009 $56,269 $9,337 $65,606 $4,080
2008 $57,155 $9,776 $66,931 $4,075
2007 $56,058 $9,385 $65,443 $4,117
2006 $51,783 $9,143 $60,926 $3,885

Property facts

Year built
1984
Property type
single_family
Stories
Beds
3
Baths
2
Living area
1,374 sqft
Lot size
10,881 sqft
ZIP code
60031
City
Gurnee
Street
Magnolia Ave
Coordinates
42.36797, -87.89196

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$2,473
Gross rental yield
9.42%
Implied cap rate
6.12%
Trend-extrapolated value

Frequently asked questions

When did 549 Magnolia Ave last sell?
549 Magnolia Ave most recently sold on Sep 1, 2022 for $315,000.
What is the current tax assessment for 549 Magnolia Ave?
The most recent total assessment for 549 Magnolia Ave (year 2024) is $96,587 with $7,282 in property tax.
How does 549 Magnolia Ave's assessment compare to its last sale price?
The current assessment is 69.3% below the last sale price of $315,000.
When was 549 Magnolia Ave built?
549 Magnolia Ave was built in 1984.
How does 549 Magnolia Ave compare to others on Magnolia Ave?
We track 8 other properties on Magnolia Ave. Browse the list under "Other properties on Magnolia Ave" to compare beds, baths, and sale history.
What are the property facts for 549 Magnolia Ave?
549 Magnolia Ave is a 3 bed, 2 bath, 1,374 sqft, 10,881 sqft lot single_family.
Is 549 Magnolia Ave a flip candidate?
No — 549 Magnolia Ave does not appear in our flips dataset.
Is 549 Magnolia Ave a tax-appeal candidate?
No — 549 Magnolia Ave 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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