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$457,000
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Property Description
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
Full Property Details
Full Property Details for 855 Belle Plaine Ave
General
- Sold For: $457,000
- Taxes: $9,698 (2025)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12651491
- Added to Site: 49 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 2
Bedrooms
- Total Bedrooms: 6
Additional Information
- Equipment: Carbon Monoxide Detectors, Ceiling Fan(s), Sump Pump
- Other Features: School Bus Service
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Total Spaces: 3
- Parking Features: Garage, Yes, Attached, Driveway, Owned
Location
- Area: Gurnee
- County: Lake
- Driving Directions: East on Grand Avenue, north on Belle Plaine to #.
School Information
- School District: 56
- Midd School District: 56
- Elementary School: Spaulding School
- Middle School: Viking Middle School
- High School: Warren Township High School
- Private School: Warren Township High School
Heating & Cooling
- Heating Type: Electric, Baseboard
Utilities
- Water: Lake Michigan
Structural Information
- Architectural Style: Ranch
- Construction: Vinyl Siding
- Exterior Const.: Vinyl Siding
- Basement Desc.: Partially Finished, Full
- Foundation: Concrete Perimeter
- Roof: Asphalt
- Year Built: 1985
Unit Information
- Units in Building: 2
Lot Features
- Lot Size (Acres): 0.29
- Lot Size Range: .25 to .49 Acre
- Lot Dimensions: 85 x 152
- Lot Features: Backs to Open Grnd
- Zoning: MULTI
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1985
- Tax Amount: $9,698
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 7134210100000
Listed by Grand Realty Group, Inc.
Sold by RE/MAX Plaza
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Schools
Schools serving 855 Belle Plaine Ave
School Districts:Gurnee School District 56, Warren Township High School District 121
| Name | Grades | Distance |
|---|---|---|
Spaulding Elementary School 2000 Belle Plaine Avenue, Gurnee, IL 60031 | PK-2 | 1.1 mi |
River Trail School, Gurnee, IL 333 N Oplaine Rd, Gurnee, IL 60031 | K-8 | 1.3 mi |
Prairie Trail School 13600 West Wadsworth Road, Wadsworth, IL 60083 | 3-5 | 4.3 mi |
Viking School 4460 Old Grand Avenue, Gurnee, IL 60031 | 6-8 | 1.2 mi |
Warren Township High School 34090 N Almond Rd, Gurnee, IL 60031 | 9-12 | 4.8 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
855 Belle Plaine Avenue, Gurnee, IL 60031 (MLS# 12651491) is a Multi-Family property that was sold at $457,000 on July 01, 2026. Want to learn more about 855 Belle Plaine Avenue? Do you have questions about finding other Multi-Family real estate for sale in Gurnee? You can browse all Gurnee real estate or contact a Coldwell Banker agent to request more information.

