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Zion 60099 Lorelei Acres
4208 Gregory Drive
$250,000
● House - Off Market

4208 Gregory Drive

Zion, IL 60099
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,500 Ft²
$223,497
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model

About This Property

Spacious tri-level on half acre lot in desirable Lorelei Acres now available! Large eat in kitchen with oak cabinets that overlooks the private patio and fenced in backyard. Three 2nd level bedrooms including the master bedroom with double closets & full size jack and jill bath. The lower level features a huge family room, office/possible 4th "bedroom," full bath, and laundry area. Attached 2 car garage, and newer furnace & central A/C!
Unit Size
1,500 Ft²
Days on Market
-
Land Size
0.49 acres
Price per sqft
$150
Property Type
House
Property Taxes
$501
HOA Dues
-
Year Built
1988

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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.

Last updated: 3 years ago (MRED MLS #11852659)

Price History

Date / Event Date Event Price
Sep 8, 2023 Sold
Premium
Sold
Aug 6, 2023 Listed by Cove Real Estate Group $224,900
Listed by Cove Real Estate Group

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 39
  • 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: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,868
  • Total Building Area: 1,444
  • Gross Building Area: 1,444
  • Building Area: 1,004
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,004
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LORELEI ACRES PHASE 1
  • Land Acres: 0000000250
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: LORELEI ACRES PHASE 1 LOT 18 BLOCK C

Neighborhood

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

Geography

  • District: ZION
  • Subdivision Phase Number: 1
  • Parcel: 04-07-403-005
  • Block: C
  • Lot: 18
  • Municipality: TWP OF ZION
  • Latitude: 42.4772
  • Longitude: -87.873

    Address

  • Full Address: 4208 Gregory Dr
  • Address - House Number: 4208
  • Address - Street Name: Gregory
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Zion
  • Carrier Code: C012
  • 4-Digit Zip Code: 1346
  • Zip Code: 60099

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $601,100
  • Tax Rate Code Area: 2001

    Appraisal Valuation

  • Standard Deviation: 0.1864
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 75
  • Final Value: 225,499
  • High Value: 267,537
  • Low Value: 183,462

    Market Valuation

  • Market Total Value: $175,152
  • Market Land Value: $27,213
  • Market Improvement Value: $147,939

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $58,378
  • Assessed Land Value: $9,070
  • Assessed Improvements Value: $49,308

    Sales

  • Current Sale Contract Date: Sep 01, 2023
  • Current Sale Recording Date: Sep 12, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 7995111
  • Previous Sale Recording Date: Jun 21, 2002
  • Previous Sale Contract Date: May 13, 2002
  • Previous Sale Amount: $148,000
  • Previous Sale Document Type: 71
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 Lorelei Acres

Stats & Trends

Median Asking:

$305,000

Sale Price/ft²

$212

Above Asking

0.01%

Average Days on Market

32

Average Home Size

1762 ft²

Average Home Age

42 years

Currently For Sale

2 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

Unit for rent at 1515 Anderson Trail, Zion, IL, 60099

$2,375 /mo

  • 3 Beds
  • 1 Bath
  • 1,650 ft²
1515 Anderson Trail, Zion, IL, 60099 Listing by Courtney Caraway

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Kimberly Boyle, Cove Real Estate Group
Last Updated: 3 years ago
Data Source: MRED, MLS# 11852659
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 4208 Gregory Drive built and last sold?
The property at 4208 Gregory Drive was built in 1988 and last sold on Sep 1, 2023 for $250,000.
How much is this home worth?
The estimated value of the home located at 4208 Gregory Drive is $229,111.
What are some comparable homes to 4208 Gregory Drive?
There are currently no comparable homes to 4208 Gregory Drive.
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