Multi-family Foreclosures in Gurnee, IL 60031

Current Market Conditions in Gurnee, IL

The Gurnee real estate market has seen a steady increase in demand, with homes selling quickly in desirable neighborhoods. There is a mix of single-family homes, townhouses, and condos, catering to various buyers from first-time homeowners to those seeking larger family residences.

In the last year, Gurnee has become particularly appealing to families and professionals due to its good schools and vibrant community. This demand has kept property values relatively stable, ensuring that sellers can achieve favorable selling prices.

Rent Prices In Gurnee, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Gurnee, IL, is on a rollercoaster ride. The average rent price in Gurnee, IL, is $1,907.00. Indeed, when looking to rent in Gurnee, IL, you can expect to pay as little as $850.00 or as much as $4,380.00, with the average rent median estimated to be $1,840.00. The good news is that finding an affordable and desirable property to rent in Gurnee, IL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.