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Deerfield 60015
1206 Gordon Terrace
$1,193,500
● House - Off Market

1206 Gordon Terrace

Deerfield, IL 60015
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
3,800 Ft²
$1,357,281
RealtyHop Estimate
4.49%
Since Mar 1, 2023
National-US
Primary Model

About This Property

THIS LISTING IS FOR THE SECOND OF 2 NEWLY SUBDIVIDED LOTS IN A GREAT DEERFIELD LOCATION. THIS IS THE CORNER LOT ON THE NORTHWEST CORNER OF GORDON AND WILLOW. WEST LOT IS ALREADY SOLD. CONSTRUCTION HAS BEGUN. ANTICIPATED COMPLETION IS EARLY 2023.  EACH LOT IS 90X125. APPROXIMATELY 3800 SQ. FT HOME IS IN PROCESS WITH A 3 CAR GARAGE. CLOSE TO SOUTH PARK ELEMENTARY ALONG WITH SEVERAL PARKS IN THE AREA. PHOTOS ARE OF PREVIOUSLY COMPLETED DEERFIELD HOMES BY THE SAME BUILDER.
Unit Size
3,800 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$342
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (MRED MLS #11636445)

Price History

Date / Event Date Event Price
Feb 21, 2023 Sold
Premium
Sold
Oct 14, 2022 Listed by Coldwell Banker Realty $1,299,000
Listed by Coldwell Banker Realty

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,799
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 900
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: V
  • Subdivision: GORDON SUB
  • Land Acres: 0000000248
  • Standard Land Use Code: 8001
  • County Land Use Code: 30
  • Legal Description 1: GORDON SUB; LOT 2

Neighborhood

  • Census Tract: 864903

Geography

  • Parcel: 16-32-315-036
  • Lot: 2
  • Municipality: TWP OF WEST DEERFIELD
  • Latitude: 42.155
  • Longitude: -87.858

    Address

  • Full Address: 1206 Gordon Ter
  • Address - House Number: 1206
  • Address - Street Name: Gordon
  • Address - Suffix Type: Ter
  • State: IL
  • City Name: Deerfield
  • Carrier Code: C031
  • 4-Digit Zip Code: 4735
  • Zip Code: 60015

Valuation

    Tax

  • Tax Amount: $0

    Market Valuation

  • Market Total Value: $167,792
  • Market Land Value: $167,792

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $55,925
  • Assessed Land Value: $55,925
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Deerfield

Stats & Trends

Median Asking:

$699,450

Sale Price/ft²

$306

Below Asking

0.01%

Average Days on Market

47

Average Home Size

2593 ft²

Average Home Age

36 years

Currently For Sale

32 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 921 Wilmot Road, Deerfield, IL, 60015

$4,000 /mo

  • 4 Beds
  • 2 Baths
  • 2,500 ft²
921 Wilmot Road, Deerfield, IL, 60015 Listing by Eugene Abbott
Unit for rent at 1013 Sussex Drive, Northbrook, IL, 60062

$3,700 /mo

  • 3 Beds
  • 2 Baths
  • 1,870 ft²
1013 Sussex Drive, Northbrook, IL, 60062 Listing by Iryna Motkalyuk

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Alan Berlow, Coldwell Banker Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11636445
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. Some IDX listings have been excluded from this website. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 1206 Gordon Terrace built and last sold?
The property at 1206 Gordon Terrace was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 1206 Gordon Terrace is $1,310,901.
What are some comparable homes to 1206 Gordon Terrace?
There are currently no comparable homes to 1206 Gordon Terrace.
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