505 Margate Terrace, Deerfield, Illinois 60015


$505,000

For Sale
Status: Active
Sqft: 1,540
Cost/Sqft: $328
Beds: 3
Baths: 2
Year Built: 1948
Property Taxes: $10,685
Days On Market: 23
Lot Size: 0,00
Map
Street View

Description

Bright, well-maintained, and full of potential, this sun-splashed ranch sits on a fabulous corner lot in one of Deerfield's most walkable locations. Tenant occupied, please do not approach property without a confirmed appointment. Just blocks from downtown, top-rated elementary schools, and Deerspring Pool, the home offers convenience, charm, and long-term value. Inside, hardwood floors run throughout the main living areas, and oversized windows invite natural light all day long. The easy, single-level layout includes an open living/dining room for effortless entertaining, a functional kitchen with great storage and flow, and three comfortable bedrooms. Outside, the corner lot offers plenty of green space and standout curb appeal. Currently leased through May 2026, this is an ideal opportunity for buyers looking to invest now and personalize later. Whether you're building your portfolio or planning ahead for your next chapter, this home offers the flexibility to do both.

Property Specifics

Single Family
1948
No
Lake
— / Not Applicable
12446193
16283180010000

Nearby Schools

NAME: DISTRICT: DISTANCE:
Grade School
Kipling Elementary School
109
Middle School
Alan B Shepard Middle School
109 Not in DB
High School
Deerfield High School
112 Not in DB

Property History

DATE: EVENT: PRICE: SOURCE:
14 Aug, 2025 Listed for sale $505,000 MRED MLS

Room Specifics

All Bedroom Info:
Total Bedrooms: 3
Bedrooms Above Ground: 3
Bedrooms Below Ground: 0
Second Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Third Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Bathroom Info:
Full Bathrooms: 2
Partial Bathrooms: 0
Bathroom Amenities: —
Bathroom in Basement: 0
Additional Rooms Info:
Rooms: —
Basement: —
Basement Description: —

Other Specifics

2
65 X 135
Not in DB

Tax History

Year Property Taxes
2025 $10,685

Nearby Similar Homes

860 Kenton Road, Deerfield, Illinois 60015
For Sale
$1,327,000
6 beds / 4.1 baths / 4,532 ft2
Single Family / Built: 1950
37

1015 Warrington Road, Deerfield, Illinois 60015
For Sale
$340,000
3 beds / 1.1 baths / 1,590 ft2
Single Family / Built: 1956
933

1036 Warrington Road, Deerfield, Illinois 60015
For Sale
$695,000
3 beds / 3.0 baths / 1,839 ft2
Single Family / Built: 1956
15

1115 Kenton Road, Deerfield, Illinois 60015
For Sale
$625,000
4 beds / 2.1 baths / 2,050 ft2
Single Family / Built: 1958
2

1127 Kenton Road, Deerfield, Illinois 60015
For Sale
$1,299,900
4 beds / 4.1 baths / 3,072 ft2
Single Family / Built: 2018
25

1141 Kenton Road, Deerfield, Illinois 60015
For Sale
$599,000
4 beds / 2.1 baths / 2,050 ft2
Single Family / Built: 1959
16

Nearby Sold Comparables

935 Knollwood Road, Deerfield, Illinois 60015
Sold
$425,000
3 beds / 2.1 baths / 2,460 ft2
Single Family / Built: 1982
3661

500 Margate Terrace, Deerfield, Illinois 60015
Sold
$650,000
5 beds / 3.1 baths / 4,029 ft2
Single Family / Built: 1939
3971

500 Margate Terrace, Deerfield, Illinois 60015
Sold
$950,000
5 beds / 3.1 baths / 4,029 ft2
Single Family / Built: 1939
1677

936 Kenton Road, Deerfield, Illinois 60015
Sold
$335,000
4 beds / 2.0 baths / 2,232 ft2
Single Family / Built: 1949
4573

454 Margate Terrace, Deerfield, Illinois 60015
Sold
$689,900
4 beds / 2.1 baths / 3,140 ft2
Single Family / Built: 1941
1551

525 Margate Terrace, Deerfield, Illinois 60015
Sold
$825,000
4 beds / 3.1 baths / 2,600 ft2
Single Family / Built: 1955
170


Contact Agent

Listing Provided By

eXp Realty