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Deerfield 60015 Deerfield Park
516 Pine Street
$530,000
● House - Off Market

516 Pine Street

Deerfield, IL 60015
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,864 Ft²
$3,292
Est. Monthly
5.02%
Cap Rate

About This Property

Welcome to 516 Pine Street, a spacious Split Level 3 bedroom 2 bathroom with a basement home in the heart of Deerfield. This property boasts 1864 square feet of living space and sits on a beautiful lot! As you step inside you'll be greeted by an open floor plan, perfect for entertaining or simply relaxing! Upstairs there are 3 bedrooms and 1 bathroom and down downstairs there is another living room, a bar, and a bathroom and in the basement you'll have a wet bar and more storage! When you walk outside to the backyard you are greeted with a concrete patio and beautiful greenery around the property that fills naturally throughout the year! You wont want to miss this property in Deerfield in a great school district and close to town!
Unit Size
1,864 Ft²
Days on Market
-
Land Size
-
Price per sqft
$252
Property Type
House
Property Taxes
$989
HOA Dues
-
Year Built
1956

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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.

Last updated: 3 years ago (MRED MLS #12049544)

Price History

Date / Event Date Event Price
Aug 15, 2024 Sold
Premium
Sold
May 15, 2024 Listed by Compass $469,000
Listed by Compass

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: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • 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: 9
  • Basement Area: 650
  • Garage Type: 1
  • Garage Square Area: 286
  • Parking Space Count: 1
  • Patio Type: 59
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,999
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 750
  • Total Building Area: 2,800
  • Gross Building Area: 2,800
  • Building Area: 1,864
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,864
  • 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: 0000000207
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: DEERFIELD PARK UNIT 2 LOT 23

Neighborhood

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

Geography

  • Assessors Map Reference: 2756-D1
  • District: WEST DEERFIE
  • Parcel: 16-32-115-011
  • Lot: 23
  • Municipality: TWP OF WEST DEERFIELD
  • Latitude: 42.1625
  • Longitude: -87.8592

    Address

  • Full Address: 516 Pine St
  • Legal Unit: 2
  • Address - House Number: 516
  • Address - Street Name: Pine
  • Address - Suffix Type: St
  • State: IL
  • City Name: Deerfield
  • Carrier Code: C010
  • 4-Digit Zip Code: 4008
  • Zip Code: 60015

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,186,718
  • Tax Rate Code Area: 17004

    Appraisal Valuation

  • Standard Deviation: 0.1705
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 78
  • Final Value: 521,444
  • High Value: 610,365
  • Low Value: 432,522

    Market Valuation

  • Market Total Value: $383,216
  • Market Land Value: $139,826
  • Market Improvement Value: $243,390

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $127,726
  • Assessed Land Value: $46,604
  • Assessed Improvements Value: $81,122

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 30, 1999
  • Current Sale Recording Date: Oct 18, 1999
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 4436100
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

$306

Above Asking

0.00%

Average Days on Market

36

Average Home Size

2701 ft²

Average Home Age

67.8 years

Currently For Sale

4 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 340 Sanders Road, Northbrook, IL, 60062

$3,000 /mo

  • 3 Beds
  • 1 Bath
  • 1,034 ft²
340 Sanders Road, Northbrook, IL, 60062 Listing by Angel Navarro
Unit for rent at 625 Deerfield Road, Deerfield, IL, 60015

$3,195 /mo

  • 2 Beds
  • 2 Baths
  • 1,285 ft²
625 Deerfield Road #206, Deerfield, IL, 60015 Listing by Gregg Handrich

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: David Max, Compass
Last Updated: 3 years ago
Data Source: MRED, MLS# 12049544
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 516 Pine Street built and last sold?
The property at 516 Pine Street was built in 1956 and last sold on Sep 30, 1999 for $306,500.
How much is this home worth?
The estimated value of the home located at 516 Pine Street is $486,055.
What are some comparable homes to 516 Pine Street?
There are currently no comparable homes to 516 Pine Street.
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