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$599,900 Just Listed

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 2 Full Baths
  • 1 Partial Bath
  • 3,842 Sq. Ft.
  • 3 Car Garage
  • Updated 13 hours ago

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Beautifully maintained and spacious 2-story home located in a highly desirable Gurnee neighborhood. This impressive residence offers 4 bedrooms, 2.5 bathrooms, and a versatile layout designed for comfortable everyday living and entertaining. The main level features a highly desirable first-floor bedroom, soaring ceilings, abundant natural light, formal living and dining spaces, and an open-concept layout with hardwood flooring throughout much of the home. The large kitchen offers extensive cabinetry, granite countertops, stainless steel appliances, center island seating, and generous table space overlooking the backyard. Upstairs features 3 additional bedrooms including a spacious primary suite with a large en-suite bath, dual vanity, soaking tub, and separate shower. A huge second-floor loft provides incredible flexibility and can easily be converted into a 5th bedroom, office, or additional family room. The home also offers oversized bedrooms, updated bathrooms, and a full unfinished basement ready for your finishing ideas. Situated on a beautifully landscaped lot with excellent curb appeal, attached garage, and convenient access to parks, schools, shopping, restaurants, and expressways. A fantastic opportunity with space, functionality, and long-term flexibility.

Full Property Details for 7421 Prescott Ln

General

  • Price: $599,900
  • HOA FEE: $23/month
  • HOA FEE FREQ.: Annually
  • Taxes: $15,522 (2024)
  • Status: Active
  • Type: Single Family
  • Source: MRED
  • MLS ID: 12660094
  • Updated: 5/28/2026
  • Added to Site: 2 day(s) ago

Rental Information

  • Complex Features: Park, Horse-Riding Area, Lake, Curbs, Sidewalks, Street Lights, Street Paved

Interior

  • Basement: Partially
  • Interior Features: Walk-In Closet(s)
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Gas Starter
  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Oven, Range Hood

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Bathroom Features: Separate Shower, Bidet

Bedrooms

  • Total Bedrooms: 4

Additional Information

  • Equipment: Ceiling Fan(s)
  • Other Features: Interstate Access

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 3
  • Total Spaces: 3
  • Parking Features: Garage Door Opener, Yes, Garage Owned, Attached, Garage

Location

  • Area: Gurnee
  • County: Lake
  • Township: Warren
  • Subdivision: Timberwoods
  • Driving Directions: 45N to E. Washington, N. Old Walnut Circle, W. Prescott Lane to Home

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
  • Mgmt. Company: Timberwoods

Heating & Cooling

  • Cooling Type: Central Air Conditioning
  • Heating Type: Natural Gas, Forced Air

Utilities

  • Sewer: Other
  • Water: Other

Structural Information

  • Construction: Vinyl Siding, Brick
  • Exterior Const.: Vinyl Siding, Brick
  • Basement: Yes
  • Basement Desc.: Partially Finished, Full
  • Square Feet: 3,842
  • Sq. Ft. Source: Estimated
  • Year Built: 2000

Lot Features

  • Lot Size (Acres): 0.28
  • Lot Size Range: .25 to .49 Acre
  • Lot Dimensions: 84 x 124 x 108 x 127
  • Lot Features: Cul-De-Sac, Landscaped

Financial Considerations

  • Association Fee: $270
  • Assoc Fee Freq.: Annually
  • Parking Included: Yes
  • Assessment Year: 2000
  • Tax Amount: $15,522.48
  • Tax Year: 2024
  • Pays Sewer: Other

Disclosures and Reports

  • Ownership: Fee Simple with Homeowners Association
  • Property ID: 7192160030000

Listed by Sky High Real Estate Inc.

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Listing agents

— 7421 Prescott Ln —

  • Sky High Real Estate Inc.

  • Sky High Real Estate Inc.

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NMLS#: 1598647

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 7421 Prescott Ln

School Districts:Woodland Community Consolidated School District 50, Warren Township High School District 121
NameGradesDistance
Woodland Primary School
17366 W Gages Lake Rd, Gages Lake, IL 60030
PK-K1.1 mi
Woodland Elementary School, Gages Lake, IL
17261 West Gages Lake Road, Gages Lake, IL 60030
1-31.2 mi
Woodland Intermediate School
1115 N Hunt Club Rd, Gurnee, IL 60031
4-51.7 mi
Woodland Middle School
7000 Washington Street, Gurnee, IL 60031
6-80.6 mi
Warren Township High School
34090 N Almond Rd, Gurnee, IL 60031
9-120.5 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 7421 Prescott Ln Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/27/2026
Listed
$599,900
42.83%
MLS
8/24/2021
Sold
$420,000
—
Public Record
Get Price Alerts and Save Property
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 for 7421 Prescott Ln

Year
Property Taxes
Change
Tax Assessment
Change
2024
$15,522
8%
$185,764
11%
2024
$14,432
2%
$166,793
8%
2023
$14,081
11%
$154,854
3%
2022
$12,648
3%
$150,461
9%
2021
$12,258
8%
$137,489
3%
2020
$11,378
—
$134,109
3%
2019
$11,378
-3%
$130,215
-3%
2018
$11,764
2%
$134,671
3%
2017
$11,521
1%
$130,812
-3%
2016
$11,437
-5%
$135,077
5%
2015
$12,096
—
$128,108
—
2014
$12,073
3%
$128,108
2%
2013
$11,719
6%
$125,163
-2%
2012
$11,099
—
$128,264
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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7421 Prescott Lane, Gurnee, IL 60031 (MLS# 12660094) is a Single Family property with 4 bedrooms, 2 full bathrooms and 1 partial bathroom. 7421 Prescott Lane is currently listed for $599,900 and was received on May 27, 2026. Want to learn more about 7421 Prescott 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.

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