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Deerfield 60015 Deerfield Park
1620 Berkeley Court
$1,500,000
● House - Off Market

1620 Berkeley Court

Deerfield, IL 60015
bedrooms
5 Beds
bathrooms
4 Baths, 1 Half Bath
$8,255
Est. Monthly
3.45%
Cap Rate

About This Property

Welcome to completely rebuild single-family home on over 0.5 acres in a quiet Deerfield neighborhood. Home features open kitchen layout, perfect for hosting or hanging out, living room, dining room and an office, plus a first-floor ensuite that's great for guests or in-laws.    Upstairs has four roomy bedrooms with master bedroom stealing the show, and the finished basement adds tons of extra space for a rec room, home gym, or movie nights. A 3-car garage and huge backyard round out this awesome home - close to parks, great schools, shopping, and more. Expected completion end of August 2025
Unit Size
-
Days on Market
-
Land Size
0.52 acres
Price per sqft
-
Property Type
House
Property Taxes
$1,258
HOA Dues
-
Year Built
1958

Payment Calculator

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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.

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: 6
  • Building Quality: 1
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,040
  • Garage Type: 1
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,499
  • Lot Size Depth Feet: 2,250
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 3,816
  • Gross Building Area: 3,816
  • Building Area: 2,336
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 6
  • Heating: 4
  • Heated Square Feet: 2,336
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DERRLAND PARK UNIT 1
  • Land Acres: 0000000517
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: DERRLAND PARK UNIT 1 LOT 3

Neighborhood

  • School District Name: Township High School District 113
  • Census Tract: 864802

Geography

  • Assessors Map Reference: 2703-C6
  • District: WEST DEERFIE
  • Parcel: 16-30-204-010
  • Lot: 3
  • Municipality: TWP OF WEST DEERFIELD
  • Latitude: 42.1787
  • Longitude: -87.8679

    Address

  • Full Address: 1620 Berkeley Ct
  • Legal Unit: 1
  • Address - House Number: 1620
  • Address - Street Name: Berkeley
  • Address - Suffix Type: Ct
  • State: IL
  • City Name: Deerfield
  • Carrier Code: C008
  • 4-Digit Zip Code: 2031
  • Zip Code: 60015

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,562,840
  • Tax Rate Code Area: 17004

    Appraisal Valuation

  • Standard Deviation: 0.0908
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 92
  • Final Value: 536,952
  • High Value: 585,711
  • Low Value: 488,194

    Market Valuation

  • Market Total Value: $528,764
  • Market Land Value: $232,010
  • Market Improvement Value: $296,754

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $176,237
  • Assessed Land Value: $77,329
  • Assessed Improvements Value: $98,908

    Sales

  • Current Sale Contract Date: Oct 04, 2023
  • Current Sale Recording Date: Oct 20, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 8002093

    Financing

  • First Mortgage Financing Type: ADJ
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 720 Thayer Street, Deerfield, IL, 60015

$5,650 /mo

  • 3 Beds
  • 2 Baths
  • 1,971 ft²
720 Thayer Street #C1, Deerfield, IL, 60015 Listing by Stephanie Malk

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Andriy Diatkovych, KOLO PROPERTIES LLC
Data Source: MRED, MLS# MRD12412149
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 1620 Berkeley Court built and last sold?
The property at 1620 Berkeley Court was built in 1958 and last sold on Oct 4, 2023 for $480,000.
How much is this home worth?
The estimated value of the home located at 1620 Berkeley Court is $0.
What are some comparable homes to 1620 Berkeley Court?
There are currently no comparable homes to 1620 Berkeley Court.
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