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Preforeclosure Homes in Gurnee, IL

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Gurnee, IL Foreclosures

Current Market Conditions in in Gurnee, IL As of March 2026?
Over the past month, Gurnee has experienced a slight uptick in listing prices, indicating a strong buyer interest amidst a limited inventory. Home sales have remained brisk, with homes often selling within a few weeks of listing. This position not only reflects the continuing desirability of the area but also hints at a competitive market as buyers are eager to secure homes in this sought-after locale.
How much do homes sell for in Gurnee, IL?
The average home price is currently $428,947.
In Gurnee, IL, how many homes are available?
There are currently 43 active home listings available in Gurnee.
What’s the average rental cost in Gurnee, IL?
The average rental price in Gurnee is $1,907.
What is the most expensive home in Gurnee?
The most expensive home sold in Gurnee had a price of $66,529,888.
What is currently the cheapest priced home in Gurnee, IL?
The cheapest home for sale in Gurnee is priced at $10,423.

Living in Gurnee, IL

Gurnee, IL is a thriving suburban town that offers a balanced quality of life with its excellent schools, abundant parks, and diverse shopping options. Known for being family-friendly, it provides a range of activities for all ages, including amusement parks and outdoor recreation. With easy access to major highways and public transport, Gurnee is an ideal location for commuters to Chicago.

Buyer vs Seller Market in Gurnee, IL

The current real estate market in Gurnee is showing promising growth, with a steady increase in home prices and demand for residential properties. The community has become increasingly attractive to homebuyers looking for a combination of suburban comfort and urban convenience.

Factors contributing to this growth include the area's proximity to Chicago, highly rated schools, and a wide range of amenities. As families and young professionals continue to seek out Gurnee for its quality of life, the trend of increasing property values is expected to continue.

Home Value Estimator For Gurnee, IL

There are currently 13,005 real estate properties in Gurnee, IL, with a median automated valuation model (AVM) price of $368,218.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Gurnee, IL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Gurnee, IL, is $428,947.00, with the most expensive house in Gurnee, IL, topping out at $66,529,888.00 and the cheapest home in Gurnee, IL, clocking in at $10,423.00. In other words, there’s something for every potential homebuyer or savvy investor in Gurnee, IL!

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.

Gurnee, IL Preforeclosure Homes


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