4-Bedroom Home – Spacious Layout with Value-Add Potential

ByUnited States

Located in the desirable community of Gurnee, this property at 4221 Old Grand Ave offers an exciting opportunity for buyers seeking space, flexibility, and the chance to add value. Priced at $259,900, this 4-bedroom, 4-bathroom home delivers a strong combination of functional living space and renovation potential.

With 1,846 square feet of interior space set on a generous 0.46-acre lot, this property is ideal for homeowners, investors, or anyone looking to create a customized living environment.

Classic 1930 Construction with Lasting Appeal

Built in 1930, the home reflects the durability and character of early 20th-century construction. Properties from this era are known for their:

  • Solid structural integrity
  • Efficient, practical layouts
  • Timeless design elements

This home provides a reliable foundation for updates while maintaining the charm associated with older residences.

Functional Layout with 4 Bedrooms and 4 Bathrooms

One of the standout features of this property is its well-balanced layout, offering flexibility for modern living.

Interior Highlights:

  • 🛏 4 Bedrooms – Ideal for families or multi-use spaces
  • 🛁 2 Full Bathrooms + 2 Half Baths – Added convenience and functionality
  • 📐 1,846 Sq Ft of Living Space
  • 🏡 Multiple living areas with room to reconfigure

The presence of both full and half bathrooms adds practicality, especially for larger households or guests.

Customization Potential – Create Your Ideal Home

This property is perfectly suited for buyers who want to add personal touches and increase value. Opportunities include:

  • Updating kitchen and bathrooms
  • Refinishing floors and interior finishes
  • Enhancing layout for open-concept living
  • Improving curb appeal and exterior features

With the right upgrades, this home can be transformed into a modern, high-value residence.

Large 0.46-Acre Lot – Space to Expand and Enjoy

The nearly half-acre lot provides a rare amount of outdoor space for the area.

Outdoor Features:

  • 🌳 0.46 Acres of Land
  • 🌿 Room for landscaping, gardening, or outdoor living
  • 🏡 Potential for additions or outdoor structures

This level of space offers flexibility that is hard to find in many suburban properties.

Prime Location in Gurnee – Convenience Meets Lifestyle

Gurnee is known for its excellent location and amenities, offering residents:

  • Easy access to major highways
  • Proximity to shopping, dining, and entertainment
  • Nearby attractions like Gurnee Mills
  • Strong community appeal with suburban comfort

This location enhances both quality of life and long-term property value.

Ideal for Homeowners and Investors

This property is well-suited for:

  • 🏡 Buyers seeking a primary residence with customization potential
  • 🔨 Renovators looking for a value-add project
  • 💼 Investors targeting resale or rental opportunities

With its price point and features, it represents a strategic entry into the Gurnee real estate market.

Why This Property Stands Out

This home offers a unique combination of:

  • 4-bedroom, 4-bath layout
  • Spacious 1,846 sqft interior
  • Large 0.46-acre lot
  • Affordable price with upside potential
  • Prime suburban location in Gurnee

Opportunities like this—where space and potential meet value—are increasingly rare.

Property Details

  • 💲 Price: $259,900
  • 📍 Address: 4221 Old Grand Ave, Gurnee, IL 60031
  • 🛏 Bedrooms: 4
  • 🛁 Bathrooms: 2 Full, 2 Half
  • 📐 Living Space: 1,846 sqft
  • 🏗 Year Built: 1930
  • 🌳 Lot Size: 0.46 Acres
  • 🏡 Style: Traditional / Historic

From Zillow

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