LKV Realty
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$724,500
$3,900Reward *
556 Prescott Lane, Gurnee, IL 60031Listing ID 12690722

556 Prescott Lane, Gurnee, IL 60031

Active
Timberwoods
Last updated: Aug 3, 2026
Property Type
Property Type
Residential
Property Sub Type
Property Sub Type
-
Bedrooms
Bedrooms
4
Bathrooms
Bathrooms
4
Square Feet
Square Feet
5,000
Acres
Acres
0.27
Cooling
Cooling
Central Air
Heating
Heating
Natural Gas
Year Built
Year Built
2000
Garages
Garages
3
Parking
Parking
Asphalt, Garage Door Opener, Yes, Garage Owned, Attached, Garage

Location and size like no other in the highly sought after Timberwood Community in Gurnee. 5 bedrooms, 3.1 bathrooms, 3 car garage, main floor den, formal dining room and formal living room and stainless steel appliances in cook's kitchen with a designated breakfast area is just the beginning. Loads of upper and lower custom cabinets, double ovens, undermount sink with window overlooking backyard and an oversize island with storage and sitting for 4. All this and it is open to the two-story family room and an additional adjacent space that is perfect for a playroom or second office space. Soaring ceilings are found in the entry way and family room. Full finished basement offers a 5th bedroom and full bath. In addition to the media room & recreation room you will find a wine room, a full bar and separate storage room for all your big bulk items. Fully fenced in yard has brick paver patio, gorgeous landscaping and mature trees making entertaining family and friends memory making. Special features include the following: a gas start fireplace with custom mantel in family room, fresh paint, flooring, custom light fixtures, backsplash in kitchen, double ovens, walk in closets in every bedroom, great window treatments and so much storage. Roof and new siding were completed in 2023. Walk to parks and playground. Students attend Award winning Warren High School. Perfect location is close to parks, shopping, schools, entertainment and wonderful restaurants.

Property Information

Property Details

Location

Address
556 Prescott Lane
County
Lake
City
Gurnee
Zip Code
60031
Subdivision
Timberwoods
School District
121
High School
Warren Township High School
Elementary School
Woodland Elementary School
MLS Area
Gurnee

Interior Features

Beds and Baths

Bedrooms
4
Full Bathrooms
3
Half Bathrooms
1

Building

Building Information

Square Feet
5,000
Year Built
2000
Construction
Vinyl Siding, Brick
Foundation
Concrete Perimeter
Roof
Asphalt

Financial

Special Conditions
None

Property Taxes

Tax Annual Amount
$15,474
Tax Year
2025

Homeowner Association

HOA Fee Frequency
Not Applicable
Coldwell Banker Realty, (847) 541-5000

Market Report for 60031

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: MRED
MRED logo

Based on information submitted to the MLS GRID as of 16 Aug 2026, 03:34 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

For corrections to this data please contact Brytecore MLS Support.

MRD84861