IL
Lake
Deerfield
60015
505 Margate Terrace
505 Margate Terrace, Deerfield, IL 60015
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Listing Type
Single Family
Listing Status
active
18
$505,000

Home Details for 505 Margate Terrace

Price
$505,000
Type
Residential
Bedrooms
3
Bathrooms
2.0
Square feet
1540
Year built
1948
County
Lake
Total rooms
7
Garage
2
Basement
None
Days on site
38
MLS Listing#
12446193
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. 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 Features
  • Parking
    • On Site
    • Attached
    • Garage
  • Cooling Information
    • Central Air
  • Heating Information
    • Natural Gas
  • Basement
    • None
School Information
School Information for 505 Margate Terrace, Deerfield, IL 60015
Elementary School
Kipling Elementary School
Middle School
Alan B Shepard Middle School
High School
Deerfield High School
Listing Courtesy: eXp Realty - 888-574-9405
Midwest Real Estate Data logo Based on information submitted to the MLS GRID as of 2025-09-03 20:10:27. 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.
Last Updated: 2025-09-03 20:10:27
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EXIT REALTY REDEFINED
2775 Algonquin Rd Suite 350, Rolling Meadows, IL 60008
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