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$505,000
78 Days On Site

505 Margate Terrace
Deerfield, IL 60015

For Sale|Single Family Residence|Active Under Contract
3
Beds
2
Total Baths
1
Full Bath
1
Partial Bath
1,540
SqFt
$328
/SqFt
1948
Built
County:
Lake
Listing Courtesy of MRED as distributed by MLS Grid of eXp Realty
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(773) 998-2401
505 Margate Terrace505 Margate Terrace505 Margate Terrace505 Margate Terrace
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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. Welcome home!

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Listing Snapshot
Price 
$505,000
Days On Site 
78 Days
Bedrooms 
3
Inside Area (SqFt) 
1,540 sqft
Total Baths 
2
Full Baths 
1
Partial Baths 
1
Lot Size 
N/A
Year Built 
1948
MLS® Number 
12446193
Status 
Active Under Contract
Property Tax 
$10,685
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
a week agoListing updated with changes from the MLS®
a week agoStatus changed to Active Under Contract
3 months agoListing first seen on site
General Features
Attached Garage 
Yes
Garage 
Yes
Garage Spaces 
2
Parking 
On SiteAttachedGarage
Parking Spaces 
2
Property Sub Type 
Single Family Residence
Sewer 
Public Sewer
Interior Features
Basement 
None
Cooling 
Central Air
Heating 
Natural Gas
Bedroom 2 
Dimensions - 1X1Level - Main
Bedroom 3 
Dimensions - 1X1Level - Main
Bedroom 4 
Dining Room 
Dimensions - 1X1Level - Main
Family Room 
Dimensions - 1X1Level - Main
Kitchen 
Dimensions - 1X1Level - Main
Laundry 
Dimensions - 1X1Level - Main
Living Room 
Dimensions - 1X1Level - Main
Master Bedroom 
Dimensions - 1X1Level - Main
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Exterior Features
Construction Details 
Brick
Roof 
Asphalt
Community Features
MLS Area 
Deerfield, Bannockburn, Riverwoods
School District 
Deerfield High School
Township 
West Deerfield
Schools
School District
Deerfield High School
Elementary School
Kipling Elementary School
Middle School
Alan B Shepard Middle School
High School
Deerfield High School
Listing Courtesy of MRED as distributed by MLS Grid of eXp Realty



Based on information submitted to the MLS GRID as of 2025-11-01 05:53 AM UTC. 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 checked: 2025-11-01 05:53 AM UTC
MRED DMCA Copyright Information Copyright © 2025 Midwest Real Estate Data LLC. All rights reserved.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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