IL > Deerfield
Deerfield, IL 60015,505 Margate Terrace
Deerfield, IL 60015,505 Margate Terrace
Deerfield, IL 60015,505 Margate Terrace
Deerfield, IL 60015,505 Margate Terrace
Deerfield, IL 60015,505 Margate Terrace
Deerfield, IL 60015,505 Margate Terrace
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Serene Realty, Inc

Serene Realty, Inc

+1(312) 650-7940
Listed by Jason Merel • eXp Realty
$ 505,000
Est. payment | /mo

3 Beds

2 Baths

1,540 SqFt

Save
$ 505,000
Est. payment | /mo
Save

3 Beds

2 Baths

1,540 SqFt

Key Details

Property Type Single Family Home

Sub Type Detached Single

Listing Status Active

Purchase Type For Sale

Square Footage 1,540 sqft

Price per Sqft $327

MLS Listing ID 12446193

Bedrooms 3

Full Baths 2

Year Built 1948

Annual Tax Amount $10,685

Tax Year 2023

Lot Dimensions 65 X 135

Property Sub-Type Detached Single

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.

Location

State IL

County Lake

Rooms

Basement None

Interior

Heating Natural Gas

Cooling Central Air

Fireplace N

Exterior

Garage Spaces 2.0

View Y/N true

Roof Type Asphalt

Building

Story 1 Story

Sewer Public Sewer

Water Lake Michigan

Structure Type Brick

New Construction false

Schools

Elementary Schools Kipling Elementary School

Middle Schools Alan B Shepard Middle School

High Schools Deerfield High School

School District 109, 109, 112

Others

HOA Fee Include None

Ownership Fee Simple

Special Listing Condition None

© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(312) 650-7940

info@serenerealtyinc.com

2600 S. Michigan Ave., STE 102, Chicago, IL, 60616, United States

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505 Margate Terrace

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