855 Belle Plaine Avenue
Gurnee, IL, 60031 $ 438,000
Bedrooms6 Baths2.0 Sq 1,960 Monthly Estimate*
$ 2,697
for $438,000 with 6 bedrooms and 2 full baths. This 1,960 square foot home was built in 1985 on a lot size of 0.29.
Excellent investment opportunity in the heart of Gurnee! This well-maintained duplex at 855/857 Belle Plaine Ave offers strong income potential with one unit currently occupied by a long-term tenant paying $1,800/month. The tenant's lease runs through 8/31/2026 and would love to remain under new ownership - providing immediate rental income and stability for investors. The second unit offers flexibility for owner-occupancy or additional rental income. Recent exterior updates include new siding, roof, flashing, gutters and windows, adding value and peace of mind for the next owner. The property also features a large yard, offering plenty of outdoor space for entertaining, recreation, or tenant enjoyment. Conveniently located just minutes from Route 41 and I-94, this property offers easy access for commuters while being close to shopping, dining, parks, schools, and entertainment. Enjoy nearby attractions including Gurnee Mills, Six Flags Great America, Great Lakes Naval Base, and numerous local restaurants and conveniences. Located within the Gurnee School District 56 and Warren Township High School District 121, including nearby Spaulding School, Viking Middle School, and Warren Township High School. A fantastic opportunity to own a well-updated, income-producing property in a highly desirable Lake County location! NOTES: Both units have their own private entrance, garages, basements, decks, etc. The 855 unit is vacant and has fresh paint, new floors, appliances and a washer/dryer in unit. The last 5 photos are from the occupied unit and some of the photos have been virtually staged. Multiple Offers received, calling for highest and best by 5/27 at 5pm
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FeaturesGeneralSewer Public Sewer
Heating Electric Baseboard
Possession Closing
Roof Asphalt
Zoning MULTI
Garage Spaces 2
Architectural Style Ranch
Construction Materials Vinyl Siding
Year Built 1985
Township Warren
Tax Year 2025
Ownership Fee Simple
County Lake
New Construction N
Property Type Residential Income Two to Four Units
Total Rooms 12
Status New
Directions East on Grand Avenue north on Belle Plaine to #.
High School Warren Township High School
City Gurnee
High School District 121
MLS Area Gurnee
Elementary School Spaulding School
Tax Annual Amount 9698
Middle/Junior High School Viking Middle School
Additional Parcels Y/N N
Standard Status Active
Middle/Junior School District 56
Elementary School District 56
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InteriorBasement Partially Finished Full
Total Bedrooms 6
Total Baths 2
Bedrooms Possible 6
Full Baths Building 2
Half Baths Building 0
Total Number of Units 2
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ExteriorParking Features Garage Yes Attached Driveway Owned
Lot Features Backs to Open Grnd
Water Source Lake Michigan
Total Parking 3
Foundation Details Concrete Perimeter
Lot Dimensions 85x152
Lot Size Acres 0.29
Waterfront Y/N N
Other Equipment CO Detectors Ceiling Fan(s) Sump Pump
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* Excluded FeaturesList ByGrand Realty Group, Inc.Broker
jim@grandrealtygroup.com;clientcare@grandrealtygroup.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $2,697
- Monthly Property Taxes
- $808
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Gurnee, IL
Average List Price $419,500
Percent of Sale Price 4%
About Gurnee, IL 30,815 Population
10% Since 2002
$ 83,878 Median Income
39.81 Median Age
36% Households with Children
Trends Information provided by ATTOM Data Solutions.
708098 Elementary School
708100 Middle School
Warren Township High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 5/22/2026 | $438,000 | | Listed Price |