See Home Value
$552,500
● House - Off Market

534 Capital Lane

Gurnee, IL 60031
bedrooms
5 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,013 Ft²
$3,845
Est. Monthly
$27
HOA / Fees
7.78%
Cap Rate

About This Property

Welcome to this updated and move-in ready traditional 2-story home located in the highly sought-after Washington Park neighborhood! Offering over 3,000 square feet of living space plus a full basement and a 3-car attached garage, this home features 5 bedrooms (one on the first floor) and 2.1 bathrooms-ideal for buyers seeking space, flexibility, and comfort. The thoughtfully designed through-hall floor plan begins with an expansive living and dining room combination featuring cathedral ceilings in the living room. The open-concept layout encompasses a spacious family room with cathedral ceilings and a cozy gas fireplace, flowing seamlessly into the bright, eat-in kitchen. Here, you'll find an oversized island, an abundance of cabinetry and counter space, a walk-in pantry, quartz countertops (installed in 2019), and newer stainless steel appliances. Walls of windows flood the kitchen and family room with natural light while offering tranquil views of the lush backyard and large maintenance-free deck. Upstairs, the luxurious primary suite includes a generous sitting area, spa-inspired bathroom with double vanity, oversized jetted tub, separate shower, and a large walk-in closet. Three additional bedrooms on the second floor are spacious with excellent closet space. A conveniently located mudroom/laundry room offers direct access to the 3-car garage. The full basement provides endless possibilities for recreation, storage, or future finishing. Recent updates include new roof shingles and front gutter guards (2024), updated vanities, countertops, and lighting in both full bathrooms (2024), and a new hot water tank (2021). Don't miss your opportunity to own a truly special home in Washington Park!
Unit Size
3,013 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$191
Property Type
House
Property Taxes
$995
HOA Dues
$27
Year Built
1995

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Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: 6
  • Building Quality: 4
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,605
  • Garage Type: 1
  • Garage Square Area: 620
  • Parking Space Count: 2
  • Patio Type: 3
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,890
  • Total Building Area: 5,238
  • Gross Building Area: 5,238
  • Building Area: 3,013
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 3,013
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WASHINGTON PARK SUBDIVISION
  • Land Acres: 0000000250
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: WASHINGTON PARK SUBDIVISION; LOT 61

Neighborhood

  • School District Name: Warren Township High School District 121
  • Census Tract: 861611

Geography

  • District: WARREN
  • Parcel: 07-20-103-014
  • Lot: 61
  • Municipality: TWP OF WARREN
  • Latitude: 42.3657
  • Longitude: -87.9797

    Address

  • Full Address: 534 Capital Ln
  • Address - House Number: 534
  • Address - Street Name: Capital
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Gurnee
  • Carrier Code: R014
  • 4-Digit Zip Code: 4495
  • Zip Code: 60031

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,185,004
  • Tax Rate Code Area: 8029

    Appraisal Valuation

  • Standard Deviation: 0.1692
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 78
  • Final Value: 507,496
  • High Value: 593,366
  • Low Value: 421,626

    Market Valuation

  • Market Total Value: $412,433
  • Market Land Value: $70,024
  • Market Improvement Value: $342,409

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $137,464
  • Assessed Land Value: $23,339
  • Assessed Improvements Value: $114,125

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 15, 2014
  • Current Sale Recording Date: May 21, 2014
  • Current Sale Price:
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 7100372
  • Previous Sale Recording Date: Jul 10, 1997
  • Previous Sale Contract Date: May 20, 1997
  • Previous Sale Amount: $281,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: ADJ
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Washington Park


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Frequently Asked Questions

When was property at 534 Capital Lane built and last sold?
The property at 534 Capital Lane was built in 1995 and last sold on May 15, 2014 for $310,000.
How much is this home worth?
The estimated value of the home located at 534 Capital Lane is $0.
What are some comparable homes to 534 Capital Lane?
There are currently no comparable homes to 534 Capital Lane.