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4959 Red Pine Ave

Gurnee, IL 60031

4 bd 3 ba 2,437 sqft Built 1993 Lot 12,197 sqft single_family
Most recent sale
$400,000
Jul 1, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 19, 2024 Sold $450,000 MRED
Jun 14, 2024 Listed $450,000 MRED
Jul 1, 2022 Sold $400,000 MLS #11415039
May 25, 2022 Listed $399,900 MLS #11415039

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $121,039 $26,733 $147,772 $7,654
2023 $109,276 $24,135 $133,411 $10,445
2022 $90,261 $18,942 $109,203 $10,224
2021 $86,639 $18,182 $104,821 $9,247
2020 $84,509 $17,735 $102,244 $8,948
2019 $82,056 $17,220 $99,276 $8,690
2018 $78,798 $23,281 $102,079 $8,932
2017 $76,540 $22,614 $99,154 $8,741
2016 $73,132 $21,607 $94,739 $8,669
2015 $69,359 $20,492 $89,851 $8,445
2014 $69,359 $20,492 $89,851 $8,653
2013 $66,598 $23,398 $89,996 $8,401
2012 $68,248 $23,977 $92,225 $7,962
2011 $72,527 $25,480 $98,007 $7,606
2010 $81,279 $28,345 $109,624 $7,833
2009 $88,362 $29,852 $118,214 $7,796
2008 $89,753 $29,738 $119,491 $7,656
2007 $90,547 $28,573 $119,120 $7,568
2006 $84,129 $27,782 $111,911 $7,321

Property facts

Year built
1993
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,437 sqft
Lot size
12,197 sqft
ZIP code
60031
City
Gurnee
Street
Red Pine Ave
Coordinates
42.38900, -87.92557

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$4,387
Gross rental yield
13.16%
Implied cap rate
8.55%
Trend-extrapolated value

Frequently asked questions

When did 4959 Red Pine Ave last sell?
4959 Red Pine Ave most recently sold on Jul 1, 2022 for $400,000.
What is the current tax assessment for 4959 Red Pine Ave?
The most recent total assessment for 4959 Red Pine Ave (year 2024) is $147,772 with $7,654 in property tax.
How does 4959 Red Pine Ave's assessment compare to its last sale price?
The current assessment is 63.1% below the last sale price of $400,000.
When was 4959 Red Pine Ave built?
4959 Red Pine Ave was built in 1993.
How does 4959 Red Pine Ave compare to others on Red Pine Ave?
We track 8 other properties on Red Pine Ave. Browse the list under "Other properties on Red Pine Ave" to compare beds, baths, and sale history.
What are the property facts for 4959 Red Pine Ave?
4959 Red Pine Ave is a 4 bed, 3 bath, 2,437 sqft, 12,197 sqft lot single_family.
Is 4959 Red Pine Ave a flip candidate?
No — 4959 Red Pine Ave does not appear in our flips dataset.
Is 4959 Red Pine Ave a tax-appeal candidate?
No — 4959 Red Pine 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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