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Deerfield 60015 Brookside
420 Locust Place
$645,000
● House - Off Market

420 Locust Place

Deerfield, IL 60015
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,200 Ft²
$4,511
Est. Monthly
4.58%
Cap Rate

About This Property

Great 4 bedroom, 2.5 bath  Deerfield home, which includes a large basement and attached 2 car garage!  Perfect for entertaining, as dining room flows right into the living room and family room right off kitchen. Basement includes a large rec room and an additional room, currently being used a home office.  Large  updated primary bath with double vanity.  All windows and slider to deck all replaced within the last 10 years.  Quiet street and close to school and downtown Deerfield.  Not to be missed.
Unit Size
2,200 Ft²
Days on Market
-
Land Size
-
Price per sqft
$295
Property Type
House
Property Taxes
$1,319
HOA Dues
-
Year Built
1978

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Cap Rate Calculator

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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.

Last updated: 2 years ago (MRED MLS #12213447)

Price History

Date / Event Date Event Price
Feb 11, 2025 Sold
Premium
Sold
Nov 19, 2024 Listed by @properties Christie's International Real Estate $650,000
Listed by @properties Christie's International Real Estate

Property Highlights

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 6
  • Building Quality: 4
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 18
  • 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: 1,092
  • Garage Type: 1
  • Garage Square Area: 576
  • Parking Space Count: 2
  • Patio Type: 69
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,200
  • Lot Size Depth Feet: 1,150
  • Lot Size Frontage Feet: 800
  • Total Building Area: 3,852
  • Gross Building Area: 3,852
  • Building Area: 2,184
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,184
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: VECCHIONE-SQUIRE HALL SUB
  • Land Acres: 0000000211
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: VECCHIONE-SQUIRE HALL SUB LOT 2

Neighborhood

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

Geography

  • Assessors Map Reference: 2756-E1
  • District: WEST DEERFIE
  • Parcel: 16-32-222-002
  • Lot: 2
  • Municipality: TWP OF WEST DEERFIELD
  • Latitude: 42.1607
  • Longitude: -87.8505

    Address

  • Full Address: 420 Locust Pl
  • Address - House Number: 420
  • Address - Street Name: Locust
  • Address - Suffix Type: Pl
  • State: IL
  • City Name: Deerfield
  • Carrier Code: C045
  • 4-Digit Zip Code: 4271
  • Zip Code: 60015

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,582,682
  • Tax Rate Code Area: 17004

    Appraisal Valuation

  • Standard Deviation: 0.2083
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 71
  • Final Value: 596,334
  • High Value: 720,579
  • Low Value: 472,089

    Market Valuation

  • Market Total Value: $481,246
  • Market Land Value: $145,833
  • Market Improvement Value: $335,413

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $160,399
  • Assessed Land Value: $48,606
  • Assessed Improvements Value: $111,793

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 04, 2004
  • Current Sale Recording Date: Oct 26, 2004
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 5669964
  • Previous Sale Recording Date: Aug 31, 1995
  • Previous Sale Contract Date: Aug 21, 1995
  • Previous Sale Amount: $3,130,000
  • Previous Sale Document Type: 41
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 Brookside

Stats & Trends

Median Asking:

$569,450

Sale Price/ft²

$330

Above Asking

0.00%

Average Days on Market

49

Average Home Size

1225 ft²

Average Home Age

59.5 years

Currently For Sale

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

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Currently no similar homes around

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MRED

Listed by: Ted Pickus, @properties Christie's International Real Estate
Last Updated: 2 years ago
Data Source: MRED, MLS# 12213447
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 420 Locust Place built and last sold?
The property at 420 Locust Place was built in 1978 and last sold on Oct 4, 2004 for $502,500.
How much is this home worth?
The estimated value of the home located at 420 Locust Place is $0.
What are some comparable homes to 420 Locust Place?
There are currently no comparable homes to 420 Locust Place.
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