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556 Prescott Ln , Gurnee, IL 60031
$699,000
Est. Payment: $3,750.46/mo
4 Bed
4 Bath
3860 Sqft
0.27 Acres
Status: active | Days on site: 28
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House Description

Unmatched location and size in Gurnee's highly sought-after Timberwood Community! This stunning home features 5 bedrooms, 3.1 baths, a 3-car garage, a main-floor den, and formal living/dining rooms. The cook's kitchen boasts stainless steel appliances, double ovens, custom cabinets, a massive island seating 4, and a breakfast area-all flowing seamlessly into a dramatic two-story family room with a gas fireplace and an adjacent playroom/second office. The fully finished basement is an entertainer's dream, offering a 5th bedroom, full bath, media room, recreation room, custom wine room, and full bar. Outside, enjoy a fully fenced yard with a brick paver patio, lush landscaping, and mature trees. Major updates include a new roof and siding (2023), fresh paint, updated flooring, custom lighting, and walk-in closets in every bedroom. Walk to parks and attend award-winning Warren High School. Close to shopping, dining, and entertainment!

Highlights

Listed by Peggy Cobrin , 847-275-4503 Coldwell Banker Realty , 847-541-5000. Midwest Real Estate Data mls logo

Property Type

Residential

Lot/Acreage
0.27

Year Built

2000

County

Lake

Area

Gurnee

Neighborhood

Timberwoods

School District

50

Listing ID

12764094

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:4
  • ▪ Bathrooms:4
  • ▪ Full Bathrooms:3
  • ▪ 1/2 Bathrooms:1
Appliances:Double Oven, Range, Microwave, Dishwasher, High End Refrigerator, Bar Fridge, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Cooktop
Air Cond:Central Air
Fireplaces:Gas Log,Gas Starter
Floor:Hardwood,Laminate,Carpet
Basement:Finished,8 ft + pour,Concrete,Storage Space,Full
Other:
  • ▪ Additional:Vaulted Ceiling(s), High Ceilings, Special Millwork
Water:Public

Exterior Features

Lot:Landscaped,Wooded,Mature Trees
Lot Dimensions:140X86
Garage Capacity:3
Roof:Asphalt
Others:
  • ▪ Additional:Balcony, Lighting
Sewer:Public Sewer
Parking Features:Asphalt,Garage Door Opener,Yes,Garage Owned,Attached,Garage
Principal Interest
$3,750
Taxes
$1,290

Home Price

$699,000

Loan Details

30 yrs
7.08%

Down Payment

20%
$139,800
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,750.46

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,750.46 $1,289.50 $0.00 $5,039.96
Yearly $45,005.57 $15,474.00 $0.00 $60,479.57
Total $1,350,167.20 $464,220.00 $0.00 $1,814,387.20
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Master Chief
Lender
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Market insight data is pulled from the same city as the listing being viewed (Gurnee, IL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information submitted to the MRED as of the date listed below. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers' personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time.

Based on information submitted to the MLS GRID as of the date listed below. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers' personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability. Some listings have been excluded from this website.

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Data last updated: 2026-10-27T06:57:04.000Z

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