For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Deerfield 60015 Deerfield Park
1316 Central Avenue
$460,000
● House - Off Market

1316 Central Avenue

Deerfield, IL 60015
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,002 Ft²
$3,166
Est. Monthly
6.55%
Cap Rate

About This Property

This meticulously renovated split level home boasts both style and functionality, offering a harmonious blend of modern comforts and classic charm. With 3 bedrooms, 2 full baths, a large backyard and an attached one car garage, this property truly embodies the essence of comfortable living! Step inside and be greeted by an open concept living space that seamlessly connects the living, dining and kitchen areas. The abundance of natural light cascades through large windows and skylights. Situated in a coveted Deerfield neighborhood, this home is conveniently located near parks, schools, shopping and dining locations.
Unit Size
2,002 Ft²
Days on Market
-
Land Size
-
Price per sqft
$237
Property Type
House
Property Taxes
$833
HOA Dues
-
Year Built
1956

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
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: 2 years ago (MRED MLS #11861094)

Price History

Date / Event Date Event Price
Jan 25, 2024 Sold
Premium
Sold
Oct 25, 2023 Listed by @properties Christie's International Real Estate $474,900
Listed by @properties Christie's International Real Estate
Jan 11, 2023 Sold
Premium
Sold
Dec 8, 2022 Listed by @properties Christie's International Real Estate $240,000
Listed by @properties Christie's International Real Estate
Sold before processing

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 6
  • Building Quality: 4
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 519
  • Garage Type: 1
  • Garage Square Area: 275
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,866
  • Lot Size Depth Feet: 1,430
  • Lot Size Frontage Feet: 690
  • Total Building Area: 1,483
  • Gross Building Area: 1,483
  • Building Area: 1,208
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,208
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DEERFIELD PARK UNIT 2
  • Land Acres: 0000000227
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: DEERFIELD PARK UNIT 2 LOT 43

Neighborhood

  • School District Name: Township High School District 113
  • Census Tract: 864903

Geography

  • Assessors Map Reference: 2756-D1
  • District: WEST DEERFIE
  • Parcel: 16-32-112-025
  • Lot: 43
  • Municipality: TWP OF WEST DEERFIELD
  • Latitude: 42.1628
  • Longitude: -87.8609

    Address

  • Full Address: 1316 Central Ave
  • Legal Unit: 2
  • Address - House Number: 1316
  • Address - Street Name: Central
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Deerfield
  • Carrier Code: C010
  • 4-Digit Zip Code: 4030
  • Zip Code: 60015

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,000,136
  • Tax Rate Code Area: 17004

    Appraisal Valuation

  • Standard Deviation: 0.09
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 92
  • Final Value: 465,615
  • High Value: 507,565
  • Low Value: 423,666

    Market Valuation

  • Market Total Value: $373,048
  • Market Land Value: $140,075
  • Market Improvement Value: $232,973

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $124,337
  • Assessed Land Value: $46,687
  • Assessed Improvements Value: $77,650

    Sales

  • Current Sale Contract Date: Jan 25, 2024
  • Current Sale Recording Date: Jan 26, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 8016467
  • Previous Sale Recording Date: Jan 23, 2023
  • Previous Sale Contract Date: Jan 11, 2023
  • Previous Sale Amount: $240,000
  • Previous Sale Document Type: 71
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 Park

Stats & Trends

Median Asking:

$775,000

Sale Price/ft²

$307

Above Asking

0.00%

Average Days on Market

37

Average Home Size

3034 ft²

Average Home Age

68 years

Currently For Sale

3 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 932 Hazel Avenue, Deerfield, IL, 60015

$3,300 /mo

  • 2 Beds
  • 1 Bath
932 Hazel Avenue, Deerfield, IL, 60015 Listing by Marie Hirschle
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: Beth Wexler, @properties Christie's International Real Estate
Last Updated: 2 years ago
Data Source: MRED, MLS# 11861094
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 1316 Central Avenue built and last sold?
The property at 1316 Central Avenue was built in 1956 and last sold on Jan 25, 2024 for $460,000.
How much is this home worth?
The estimated value of the home located at 1316 Central Avenue is $0.
What are some comparable homes to 1316 Central Avenue?
There are currently no comparable homes to 1316 Central Avenue.
Recent Neighborhood News
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
The Current Status of iBuying in 2026: What To Know
Popular Searches
Deerfield Homes for Sale
Deerfield Houses for Sale
Deerfield Condos for Sale
Deerfield Townhouses for Sale
Deerfield Multifamily for Sale
Deerfield Land for Sale
Deerfield Homes with Basements
Deerfield Homes with Pools
Nearby Cities
Northbrook Homes for Sale
Wheeling Homes for Sale
Highland Park Homes for Sale
Prospect Heights Homes for Sale
Lincolnshire Homes for Sale
Glencoe Homes for Sale
Northfield Homes for Sale
Riverwoods Homes for Sale
Nearby Property Records
Lake County, IL Property Records
DuPage County, IL Property Records
Kenosha County, WI Property Records
McHenry County, IL Property Records
Cook County, IL Property Records
Kane County, IL Property Records
Racine County, WI Property Records
Will County, IL Property Records
Neighborhoods
Deerfield Park Real Estate
Conway Farms Real Estate
Nearby Counties
Northfield Homes for Sale
Vernon Homes for Sale
West Deerfield Homes for Sale
Moraine Homes for Sale
Top Real Estate Agents
Top Agents in Deerfield Park
Top Agents in Deerfield
Top Agents in Northfield
Top Agents in Vernon
Top Agents in 60062
Top Agents in Northbrook
Top Agents in Wheeling
Top Agents in 60090