For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Zion 60099 Highland Meadows
1302 Lorelei Drive
$300,000
● House - Off Market

1302 Lorelei Drive

Zion, IL 60099
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,100 Ft²
$2,265
Est. Monthly
7.09%
Cap Rate

About This Property

Rarely available quad-level home nestled in a quiet northern Zion subdivision. This spacious residence features 3 bedrooms and 3 full bathrooms. Enjoy the attached porch that opens onto a deck-perfect for relaxing or entertaining. The large sub-basement  and two car garage provide loads of storage. Appliances included. Located in Beach Park Elementary School district.
Unit Size
2,100 Ft²
Days on Market
-
Land Size
-
Price per sqft
$148
Property Type
House
Property Taxes
$743
HOA Dues
-
Year Built
1993

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 32
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 598
  • Garage Type: 1
  • Garage Square Area: 399
  • Parking Space Count: 1
  • Patio Type: 94
  • Porch Type: 77
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,562
  • Total Building Area: 2,263
  • Gross Building Area: 2,491
  • Building Area: 1,266
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,266
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HIGHLAND MEADOWS UNIT 2 PHASE D
  • Land Acres: 0000000174
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: HIGHLAND MEADOWS UNIT 2 PHASE D; LOT 28

Neighborhood

  • School District Name: Zion-Benton Township High School District 126
  • Census Tract: 860106

Geography

  • Assessors Map Reference: 2362-C7
  • District: ZION
  • Subdivision Phase Number: D
  • Parcel: 04-18-205-003
  • Lot: 28
  • Municipality: TWP OF ZION
  • Latitude: 42.4716
  • Longitude: -87.8731

    Address

  • Full Address: 1302 Lorelei Dr
  • Legal Unit: 2
  • Address - House Number: 1302
  • Address - Street Name: Lorelei
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Zion
  • Carrier Code: C015
  • 4-Digit Zip Code: 1934
  • Zip Code: 60099

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $808,268
  • Tax Rate Code Area: 2001

    Appraisal Valuation

  • Standard Deviation: 0.1915
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 74
  • Final Value: 275,282
  • High Value: 328,021
  • Low Value: 222,543

    Market Valuation

  • Market Total Value: $233,340
  • Market Land Value: $25,218
  • Market Improvement Value: $208,122

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $77,772
  • Assessed Land Value: $8,405
  • Assessed Improvements Value: $69,367

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 05, 2014
  • Current Sale Recording Date: Aug 22, 2014
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 7125906
  • Previous Sale Recording Date: Jul 29, 2002
  • Previous Sale Contract Date: Jun 07, 2002
  • Previous Sale Amount: $176,500
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: FIX
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

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

About Highland Meadows

Stats & Trends

Median Asking:

$305,000

Sale Price/ft²

$240

Below Asking

0.02%

Average Days on Market

141

Average Home Size

1270 ft²

Average Home Age

33 years

Currently For Sale

0 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Terrance Muse, RE/MAX Premier
Data Source: MRED, MLS# MRD12482038
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. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 1302 Lorelei Drive built and last sold?
The property at 1302 Lorelei Drive was built in 1993 and last sold on Aug 5, 2014 for $127,000.
How much is this home worth?
The estimated value of the home located at 1302 Lorelei Drive is $312,999.
What are some comparable homes to 1302 Lorelei Drive?
There are currently no comparable homes to 1302 Lorelei Drive.
Recent Neighborhood News
Haunted NYC Real Estate: 6 Spooky Stories Behind the Addresses
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
Popular Searches
Zion Homes for Sale
Zion Houses for Sale
Zion Condos for Sale
Zion Townhouses for Sale
Zion Multifamily for Sale
Zion Land for Sale
Zion Commercial for Sale
Zion Homes with Basements
Nearby Cities
Waukegan Homes for Sale
Gurnee Homes for Sale
Beach Park Homes for Sale
Winthrop Harbor Homes for Sale
Grandwood Park Homes for Sale
Wadsworth Homes for Sale
Pleasant Prairie Homes for Sale
Old Mill Creek Homes for Sale
Nearby Property Records
Kenosha County, WI Property Records
Lake County, IL Property Records
Racine County, WI Property Records
McHenry County, IL Property Records
Walworth County, WI Property Records
Kane County, IL Property Records
Milwaukee County, WI Property Records
Waukesha County, WI Property Records
Neighborhoods
Heatherstone Real Estate
Marquette Highlands Real Estate
Shore Acres Real Estate
Sheridan Road Park Real Estate
Lake Cogardens Real Estate
The Pines Real Estate
Red Arrow Real Estate
Covenant Cove Real Estate
Nearby Counties
Warren Homes for Sale
Waukegan Homes for Sale
Benton Homes for Sale
Newport Homes for Sale
Pleasant Prairie Homes for Sale
Top Real Estate Agents
Top Agents in Highland Meadows
Top Agents in Zion
Top Agents in Warren
Top Agents in Waukegan
Top Agents in Waukegan
Top Agents in 60031
Top Agents in Gurnee
Top Agents in 60099