$505,000

505 Margate Terrace, Deerfield, IL 60015

  • 3 beds |
  • 2 baths |
  • 1,540 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1948
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon 2 car garage
  • Property Price Per Square Feet Icon $328/sqft
  • Property List Date Icon Listed 6 days ago

Property 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. 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.

Listing Status:
Active
Listing Office:
eXp Realty : 312-217-6930
Listing Agent:
Jason Merel : 312-217-6930
MLS ID:
12446193
  • Rooms: No additional rooms
  • Basement: None
  • A/C: Central Air
  • Heating: Natural Gas
  • Disability Feature: None

This listing courtesy of Jason Merel, eXp Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

D

Deerfield High School

1959 Waukegan Rd, Deerfield, IL, 60015

Grades 9-12

1.30 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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