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7 Properties Within 0.5 miles of: 505 Margate, Deerfield

505 Margate
Deerfield, IL 60015

  • 3 Beds
  • 2 Baths
  • 1,540 Sq. Ft.
  • Built In 1948
Price

$505,000

Est Payment
$3,567 / month (details)  
Taxes
$10,685  
Beds
3  
Baths
2  
Rooms
7  
Type
Detached Single  
Sq. Ft.
1,540  
Lot Size
65 X 135  
Built
1948  
Neighborhood
Deerfield, Bannockburn, Riverwoods  
MLS
#12446193
Status
Active (2 days)

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.

Property Map

Property Details

Rooms

Room
Level
Flooring
Size
Living Room
Main
Hardwood
1X1
Dining Room
Main
Hardwood
1X1
Kitchen
Main
Other
1X1
Family Room
Main
Hardwood
1X1
Laundry
Main
1X1
Master Bedroom
Main
1X1
Bedroom 2
Main
1X1
Bedroom 3
Main
1X1
Bedroom 4
N/A

Utilities

  • Heating Natural Gas
  • Cooling Central Air
  • Water Lake Michigan
  • Sewer Public Sewer

Additional Information

Parking
2 Garage Spaces, On Site, Attached, Garage, Parking included in price
Schools
Deerfield High School (112), Alan B Shepard Middle School (109), Kipling Elementary School (109)

Payment Calculator

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Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Listing History

08-14-2025 Listed at $505,000
Last Modified 8/14/25 1:53 PM

Nearby Transportation

  • Milwaukee North 0.5 mi
  • Hwy 41 South 1.3 mi
  • Hwy 41 North 1.4 mi
  • I 94 West 1.5 mi
  • I 94 East 1.8 mi
  • I 294 North 2.0 mi
  • I 294 South 2.1 mi
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