525 Margate Terrace
Deerfield, IL 60015
- 4 beds
- 4 baths
- 2,600 sqft
- 8,756 sqft lot
- $317 per sqft
- 1955 build
- – on site
Welcome to this delightful four-bedroom home, perfectly situated in the heart of Deerfield. This home combines modern comfort with timeless charm, offering a wonderful living experience. Enjoy the airy feel of 9'ceilings enhancing the sense of space and natural light. The open floor plan seamlessly connects the living, dining, and kitchen areas, making it perfect for entertaining and everyday living.The updated kitchen has loads of cabinetry, and a large island for casual dining. The dining area flows effortlessly into the great room, where you can unwind. There is a 1st floor office and bedroom with nearby full bath, offering flexibility. Upstairs you'll find 3 generously sized bedrooms, offering large closets. The primary suite is a true retreat, featuring a walk-in closet and spa bathroom. This home has been meticulously cared for, featuring a newer roof-23' and 2 new HVAC systems '24 and so much more!. The professionally landscaped yard offers 2 fenced areas. The convenient attached garage provides a pull down attic for additional storage. This sought-after neighborhood is a quick walk to award winning schools, town, train, and parks.
Last checked:
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Checking…
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Last updated Apr 7, 2025
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MLS# 12313410 —
The Building
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Year Built:1955
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Rebuilt:Yes
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Rebuilt Year:2002
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New Construction:false
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New Construction:No
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Architectural Style:Colonial
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Roof:Asphalt
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Basement:Crawl Space
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Disability Access:No
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Living Area Source:Assessor
Interior
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Room Type:No additional rooms
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Rooms Total:8
Room Dimensions
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Living Area:2600
Location
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Directions:Deerfield Rd, North onto Warrington, Rt onto Margate.
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Location:6868
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Location:26150
The Property
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Parcel Number:16283170090000
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Property Type:Residential
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Lot Features:Corner Lot, Landscaped
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Lot Size Dimensions:135X65
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Lot Size Acres:0.201
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Waterfront:false
Listing Agent
- Contact info:
- Agent phone:
- (847) 951-8817
- Office phone:
- (312) 751-0300
Taxes
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Tax Year:2022
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Tax Annual Amount:17053
Beds
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Bedrooms Total:4
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Bedrooms Possible:4
Baths
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Baths:4
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Full Baths:3
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Half Baths:1
The Listing
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Virtual Tour Unbranded:
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Special Listing Conditions:None
Heating & Cooling
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Heating:Natural Gas, Forced Air
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Cooling:Central Air
Utilities
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Sewer:Public Sewer
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Water Source:Lake Michigan
Schools
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Elementary School:Kipling Elementary School
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Elementary School District:109
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Middle Or Junior School:Alan B Shepard Middle School
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Middle Or Junior School District:109
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High School:Deerfield High School
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High School District:113
The Community
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Community Features:Park, Pool, Tennis Court(s), Sidewalks
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Association Fee Includes:None
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Association Fee Frequency:Not Applicable
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Master Assoc Fee Frequency:Not Required
Parking
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Parking Total:2
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Parking Features:Asphalt, On Site, Garage Owned, Attached, Garage
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Garage Spaces:2
Monthly cost estimate

Asking price
$825,000
Expense | Monthly cost |
---|---|
Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$4,417
|
Taxes | $1,421 |
Insurance | $226 |
Utilities | $183 See report |
Total | $6,247/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
Provided by ClearlyEnergy
The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
4/7/25
Apr 7, 2025
|
Pending | MRED | $825,000 | |
3/23/25
Mar 23, 2025
|
Sold Subject To Contingencies | MRED | $825,000 | |
3/20/25
Mar 20, 2025
|
Listed / Active | MRED | $825,000 |

44% of nearby similar homes sold for over asking price
Similar homes that sold in bidding wars went $36k above asking price on average, but some went as high as $124k over asking price.