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$306,000
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Property Description
Charming Home in Highly Sought-After Grandwood Park! Welcome to this well-maintained tri-level home! Featuring approximately 1,231 sq ft of living space, this property offers a warm and inviting atmosphere with a wood-burning fireplace, partially finished basement, and fenced backyard perfect for entertaining or relaxing outdoors. The HVAC system and appliances were replaced in 2023, providing peace of mind for the new owner. Enjoy the expanded driveway and detached 2-car garage (added just two years ago), offering plenty of parking and storage. The outdoor space is a true highlight with a patio, garden area, two sheds, and mature trees that enhance privacy and charm. Conveniently located near Gurnee Mills, Six Flags, schools, and parks, this home combines comfort, convenience, and potential in one great package. Don't miss this opportunity to make it your own!
Full Property Details
Full Property Details for 18637 W Karen Ln
General
- Price: $306,000
- Taxes: $8,051 (2024)
- Status: Active
- Type: Single Family
- Source: MRED
- MLS ID: 12517385
- Updated: 1/9/2026
- Added to Site: 59 day(s) ago
Interior
- Basement: Partially
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Living Room, Wood-Burning
- Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 1
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 3
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Yes, Detached, Garage
Location
- Area: Gurnee
- County: Lake
- Township: Warren
- Subdivision: Grandwood Park
- Driving Directions: Head north on N Greenleaf Ave toward Grand Ave. Turn LEFT at the 1st cross street onto IL-132 W/Grand Ave. Go 4.5 Miles and Turn RIGHT onto N Hutchins Rd. Go .7 Miles and Turn LEFT onto N Grandwood Dr. Go .4 Miles and Turn RIGHT onto Karen Ln. The house will be on the LEFT.
School Information
- School District: 50
- Elem School District: 50
- Midd School District: 50
- High School District: 121
- Elementary School: Woodland Elementary School
- Middle School: Woodland Middle School
- High School: Warren Township High School
- Private School: Warren Township High School
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Model: Split Level
- Construction: Vinyl Siding, Brick, Wood Siding
- Exterior Const.: Vinyl Siding, Brick, Wood Siding
- Basement: Yes
- Basement Desc.: Partially Finished, Partial
- Square Feet: 1,231
- Sq. Ft. Source: Other
- Year Built: 1964
- Built Before 1978: Yes
Manufactured Home
- Model: Split Level
Lot Features
- Lot Size (Acres): 0.23
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 9919
Financial Considerations
- Assessment Year: 1964
- Tax Amount: $8,051
- Tax Year: 2024
- Pays Sewer: Public Sewer
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 7071040040000
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Schools
Schools serving 18637 W Karen Ln
School Districts:Woodland Community Consolidated School District 50, Warren Township High School District 121
| Name | Grades | Distance |
|---|---|---|
Woodland Intermediate School 1115 N Hunt Club Rd, Gurnee, IL 60031 | 4-5 | 2.3 mi |
Woodland Primary School 17366 W Gages Lake Rd, Gages Lake, IL 60030 | PK-K | 3.1 mi |
Woodland Elementary School, Gages Lake, IL 17261 West Gages Lake Road, Gages Lake, IL 60030 | 1-3 | 3.3 mi |
Woodland Middle School 7000 Washington Street, Gurnee, IL 60031 | 6-8 | 2.3 mi |
Warren Township High School 34090 N Almond Rd, Gurnee, IL 60031 | 9-12 | 2.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 18637 W Karen Ln
Date
Details
Price
Change
Source
1/03/2026
Price Reduced
$306,000
-0.65%
MLS
12/17/2025
Price Reduced
$308,000
-1.91%
MLS
11/17/2025
Listed
$314,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 18637 W Karen Ln
Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,268
2%
$87,685
11%
2023
$7,137
16%
$79,037
11%
2022
$6,133
4%
$71,321
8%
2021
$5,905
2%
$65,826
3%
2020
$5,789
—
$64,208
3%
2019
$5,789
16%
$62,344
12%
2018
$4,997
—
$55,785
3%
2017
$4,999
1%
$54,187
5%
2016
$4,959
4%
$51,774
5%
2015
$4,791
9%
$49,103
—
2014
$4,402
3%
$49,103
7%
2013
$4,277
-8%
$45,757
-14%
2012
$4,624
—
$53,023
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 18637 W Karen Ln
18637 W Karen Lane, Gurnee, IL 60031 (MLS# 12517385) is a Single Family property with 3 bedrooms, 1 full bathroom and 1 partial bathroom. 18637 W Karen Lane is currently listed for $306,000 and was received on November 17, 2025. Want to learn more about 18637 W Karen Lane? Do you have questions about finding other Single Family real estate for sale in Gurnee? You can browse all Gurnee real estate or contact a Coldwell Banker agent to request more information.

