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$699,000

556 Prescott Ln

Gurnee, IL
Active
4
Bedrooms
3.5
Bathrooms
5,774
Square Feet
0.27
Lot Size (acres)
2000
Year Built
45
Days On Market

Unmatched location and size in Gurnee's highly sought-after Timberwood Community! This stunning home features 5 bedrooms, 3.1 baths, a 3-car garage, a main-floor den, and formal living/dining rooms. The cook's kitchen boasts stainless steel appliances, double ovens, custom cabinets, a massive island seating 4, and a breakfast area-all flowing seamlessly into a dramatic two-story family room with a gas fireplace and an adjacent playroom/second office. The fully finished basement is an entertainer's dream, offering a 5th bedroom, full bath, media room, recreation room, custom wine room, and full bar. Outside, enjoy a fully fenced yard with a brick paver patio, lush landscaping, and mature trees. Major updates include a new roof and siding (2023), fresh paint, updated flooring, custom lighting, and walk-in closets in every bedroom. Walk to parks and attend award-winning Warren High School. Close to shopping, dining, and entertainment!

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Listing Information

Listing Updated
18 hours ago
Listed By
Peggy Cobrin · Coldwell Banker Realty, 8475415000
MLS#
12764094
Source
Midwest Real Estate Data (MRED)
Status
Active

Facts & Features

Location

Community Information

Address
556 Prescott Ln, Gurnee, IL 60031
City
Gurnee
County
Lake
Neighborhood
Timberwoods
Zip Code
60031

Architecture

Bedrooms
4
Bathrooms
3.5
Year Built
2000
Style
Colonial
Construction Materials
Vinyl Siding, Brick
Building Area
5,774 sq. ft.
Foundation
Concrete Perimeter
Roof
Asphalt
Garage
Yes
Garage Spaces
3
Parking Features
Attached, Garage Door Opener, Asphalt, Garage

Features & Amenities

Interior Features
Walk-In Closet(s), Vaulted Ceiling(s), High Ceilings, Entrance Foyer
Appliances
Dryer, Dishwasher, Microwave, Washer, Range, Disposal, Cooktop, Double Oven, Stainless Steel Appliance(s), Bar Fridge
Flooring
Hardwood, Laminate, Carpet
Exterior Features
Lighting, Balcony
Patio and Porch
Patio
Community Features
Gated, Sidewalks, Curbs, Street Lights, Park
Cooling
Central Air

Property Features

Lot Size
0.27 Acres
Lot Features
Wooded, Landscaped
Water
Public
Sewer
Public Sewer

Square Footage

Total
3,860 sq. ft.

Tax & Financial Information

List Price
$699,000
Annual Taxes
$15,474

Schools

71/100
Woodland Elementary
Elementary · Grades 01–03 · 1.3 mi
Assigned school for this home
City
Gages Lake
Students
1,445
Parent reviews
4.0★ avg · 4 reviews
Student body
41% White · 28% Hispanic / Latino · 14% Asian
Free/reduced lunch
32%
Phone
(847) 984-8800
56/100
Warren Township High School
High · Grades 09–12 · 0.7 mi
Assigned school for this home
City
Gurnee
Students
3,913
Student body
39% White · 32% Hispanic / Latino · 11% Asian
Free/reduced lunch
17%
Phone
(847) 548-6611
60/100
Prairie Crossing Charter School
Elementary · Grades KG–08 · 2.9 mi
City
Grayslake
Students
431
Parent reviews
3.0★ avg · 4 reviews
Student body
67% White · 17% Asian · 6% Hispanic / Latino
Free/reduced lunch
4%
Phone
(847) 543-9722
56/100
Woodland Primary School
Elementary · Grades PK–KG · 1.2 mi
City
Gages Lake
Students
657
Student body
44% Hispanic / Latino · 27% White · 13% Asian
Free/reduced lunch
45%
Phone
(847) 984-8700
56/100
Frederick School
Middle · Grades 05–06 · 2.6 mi
City
Grayslake
Students
667
Student body
53% White · 32% Hispanic / Latino · 6% Two or More Races
Free/reduced lunch
35%
Phone
(847) 543-5300
54/100
Woodland Intermediate School
Elementary · Grades 04–05 · 1.5 mi
City
Gurnee
Students
1,254
Student body
44% White · 33% Hispanic / Latino · 11% Asian
Free/reduced lunch
36%
Phone
(847) 596-5900
54/100
Grayslake Middle School
Middle · Grades 07–08 · 2.9 mi
City
Grayslake
Students
661
Student body
49% White · 34% Hispanic / Latino · 6% Asian
Free/reduced lunch
34%
Phone
(847) 223-3680
51/100
Gages Lake School
Grades M–M · 0.9 mi
City
Gages Lake
Phone
(847) 223-5586

School ratings are provided for informational purposes only and are subject to change. Attendance boundaries are for reference only — contact the school or district directly to verify enrollment eligibility.

Historical Data

Price History

DateEventPrice
09/20/2026Price change$699,000
09/18/2026Listed for sale$724,500

Listed by Peggy Cobrin · Coldwell Banker Realty · 8475415000

Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Copyright 2026, Midwest Real Estate Data (MRED). All rights reserved.

Last Updated: November 1, 2026 at 5:08 PM | Source: Midwest Real Estate Data (MRED) | MLS#: 12764094

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