Deerfield Homes under $500,000

Welcome to Deerfield, Illinois – a charming village nestled in the heart of Lake County, just a short drive from the bustling city of Chicago. Known for its picturesque landscapes, top-rated schools, and vibrant community spirit, Deerfield offers a unique blend of suburban tranquility and urban convenience. With tree-lined streets, beautiful parks, and a rich history, this town is the perfect place for families, young professionals, and retirees alike.

Deerfield boasts a variety of amenities that cater to all lifestyles. Enjoy shopping at the popular Deerfield Square, where you can find a delightful mix of boutiques, restaurants, and cafes. For outdoor enthusiasts, the village is home to numerous parks and recreational facilities, including the expansive Brickyards Park, which features walking trails, sports fields, and picnic areas. The close-knit community often hosts seasonal events, fostering a warm and inviting atmosphere for residents and visitors alike.

If you’re searching for your dream home in Deerfield, you’ll be pleased to discover a selection of charming properties available for under $500,000. This price range offers a fantastic opportunity to find a family-friendly residence or a cozy starter home without sacrificing the quality of life that Deerfield has to offer. From well-maintained single-family homes to modern townhouses, there’s something for everyone in this thriving community.

Experience the best of suburban living with easy access to major highways and the Metra train station, making your commute to Chicago a breeze. Discover the allure of Deerfield, where a welcoming community and beautiful homes await you!

Newest Deerfield Homes under $500,000

$259,000

2 Beds ⋅ 3 Baths ⋅ 12770652 MLS ⋅ NEW Status

Welcome Home to The Crossings of Deerfield! This beautifully updated 2 bedroom, 2.5 bathroom duplex-up unit is roomier than it looks and ready for you! Lovingly maintained by current owners, this unit features newer flooring, lighting, appliances, mechanicals, and so much more. Up a few steps from the buiding lobby, this expansive unit features a living room with sliders out to balcony, dining room, and updated kitchen on the main level, as well as a powder room. Upstairs, you'll find two roomy bedrooms, one an en-suite primary bathroom with a walk-in closet. Hall bathroom has been nicely updated with linen closet and brand new washer and dryer. Nicely maintained association with a pool, manicured grounds, and a brand new roof. No rentals or dogs. Recent updates: A/C, water heater, dishwasher, microwave, washer, & dryer. Unit is well maintained and has no known issues, but seller will convey as-is. NO RENTALS, NO DOGS.

463 Elm Street Unit #1H, Deerfield

$284,900

1 Beds ⋅ 1 Baths ⋅ 12778187 MLS ⋅ ACTIVE Status

Amazing price for this first floor one bedroom unit with private patio. This privacy is surprising with a brick wall on two sides of the patio and lush greenery on the other side. Park in the garage beneath the building, collect your mail and ride the elevator up to the first floor. Enter into your great room and note the expansive room with large furnishings and room for the dining room. All this is brightly lit with the canned ceiling lights, and the floor to ceiling sliding door and windows covering an entire wall to the generous and private patio in front perfect for morning coffee or reading in the quiet of one's own space. White cabinet kitchen is open to the great room with a view to the patio. Appliances have been lightly to never used as the entire unit has been meticulously kept. The bedroom is a welcoming site with a calming, cozy relaxing feel to it. Deep organized closet has room galore. White bathroom offers shower/tub combination, commode, plus vanity with plenty of good lighting. Laundry is in its closet in the bathroom. This unit has two deep closets, storage room downstairs, great lighting with canned lights in the great room, new lighting in the bathroom and wonderful natural light from all the windows. Furnace is located in a kitchen closet, AC condenser is on the roof. This is a real gem to see and welcomes you to a super kind and friendly group of neighbors lending you support, if needed, or privacy if preferred. Want to meet more people? Come to the clubhouse and meet the management team, see the pools, the workout room, the party room and see all the happenings of card players, ping pongers and simple social conversations. This is so special, come and treat yourself! I look forward to meeting you!

Deerfield

$299,000

1 Beds ⋅ 1 Baths ⋅ 12765850 MLS ⋅ ACTIVE Status ⋅ Coromandel BLDG.

Welcome to easy first-floor living in Deerfield's desirable Coromandel community. This beautifully updated 1-bedroom, 1-bath condo is filled with natural light thanks to its south and west exposures and has been freshly painted throughout. The updated kitchen features 42-inch soft-close cabinetry, quartz countertops, a glass-tile backsplash, stainless steel appliances and ceramic tile flooring. Wood-look laminate flooring carries through the spacious living area, hallway and bedroom, while the updated bath includes the convenience of in-unit laundry with newer LG stackable washer and dryer (10/24). Newer HVAC (furnace 12/24 and AC (8/2019) and they are paired with an Ecobee smart thermostat, while the in-unit laundry features newer (12/2024) LG stackable smart washer and dryer. Step outside to your own private patio, a great spot for morning coffee, unwinding at the end of the day or simply enjoying some outdoor space. Heated underground garage parking and a private storage locker are also included. Coromandel is known for its beautifully maintained grounds and impressive amenities, and from this unit the clubhouse is just a short walk away. Enjoy indoor and outdoor pools, an exercise room, tennis, basketball and volleyball courts, plus plenty of resident and guest parking. All of this just minutes from the Metra, highways, shopping, dining and everything downtown Deerfield has to offer. Move right in and enjoy the convenience, amenities and lifestyle that make Coromandel such a sought-after community.

411 Kelburn Road Unit #121, Deerfield

$300,000

1 Beds ⋅ 3 Baths ⋅ 12766362 MLS ⋅ ACTIVE Status

Welcome to this charming and freshly updated Deerfield townhome featuring an open floor plan and a fantastic location. Freshly painted throughout with updated light fixtures, new countertops and backsplash, and select new appliances, this home is move-in ready. The main level features vaulted ceilings, a cozy gas fireplace, space for a dining table, and sliding doors leading to a private patio-perfect for relaxing or entertaining. Upstairs, you'll find a spacious primary bedroom with a large closet and private bath, plus a versatile loft area ideal for a home office or reading nook. The finished lower level features a half bath and flexible rec room that can also function as a second bedroom, guest space, or home gym. Newer roof and an unbeatable location close to the Metra, Whole Foods, restaurants, downtown Deerfield, and schools. A bright, inviting home with thoughtful updates in the heart of Deerfield!

812 Chestnut Street Unit #B, Deerfield

$419,000

2 Beds ⋅ 2 Baths ⋅ 12734855 MLS ⋅ ACTIVE Status ⋅ Coromandel BLDG.

Enjoy this gorgeous, updated 2-bedroom, 2-bathroom top-floor penthouse in the highly sought-after Coromandel community of Deerfield. Vaulted ceilings and three large skylights fill the home with natural light, creating a bright and inviting atmosphere. The spacious living and dining area features a cozy gas fireplace and sliding doors that open to a private balcony with peaceful treetop views. The updated eat-in kitchen offers granite countertops, stainless steel appliances, and ample cabinet space. The spacious primary suite includes an oversized walk-in closet and an updated private bathroom. In-unit laundry adds everyday convenience. Recent updates include fresh paint, new light fixtures, a Kohler faucet and showerhead, and brand-new luxury vinyl flooring in the living room and both bedrooms. The roof was replaced three years ago. The elevator building offers heated indoor parking and a storage cage. Just steps from the clubhouse. Residents enjoy an impressive selection of amenities, including indoor and outdoor pools, a Jacuzzi, fitness center, party room, tennis and basketball courts, beach volleyball, playground, scenic walking paths, ponds with swan families, beautifully landscaped grounds, and on-site management. Ideally located near downtown Deerfield, Metra, shopping, dining, and major expressways, with award-winning Deerfield schools nearby. This exceptional condo offers comfort, convenience, and resort-style living in a prime location.

422 Kelburn Road Unit #325, Deerfield

$329,900

2 Beds ⋅ 3 Baths ⋅ 12771607 MLS ⋅ ACTIVE Status

WOW! Highly desirable Park East subdivision! This elegant and spacious townhome is move-in ready and offers a comfortable, versatile layout with two primary bedrooms, each featuring a private full bathroom and full-wall closet. The spacious kitchen features granite countertops, ample cabinetry, and plenty of room for everyday living and entertaining. Enjoy the convenience of generous living space, excellent storage, and a desirable location within the Stevenson High School district. Close to shopping, dining, parks, transportation, and everyday conveniences. Ready for you to move in and make it home!it is also listed for rent

357 Kildeer Lane Unit #357, Deerfield

$499,000

3 Beds ⋅ 2 Baths ⋅ 12765897 MLS ⋅ ACTIVE Status

Fantastic Deerfield location and beautifully updated throughout! This bright split-level offers an easy, comfortable floor plan with hardwood floors, great natural light and thoughtful updates in all the right places. The main level features an inviting living room that flows into the dining area and updated kitchen with 42-inch cabinetry, granite countertops and stainless steel appliances-perfect for both everyday living and entertaining. Upstairs are three nicely sized bedrooms with hardwood floors and an updated full bath. The lower level adds another wonderful gathering space with a generous family room featuring a fireplace and built-ins, plus a second full bath and large, bright laundry room with plenty of additional storage. Outside, enjoy a beautifully landscaped and private backyard with room to entertain, garden or simply relax. Major improvements include newer roof, siding and LeafGuard gutters, along with an updated furnace, hot water heater and washer/dryer. And the location is hard to beat-just steps from the Metra and an easy walk to downtown Deerfield, restaurants, shops and parks. Updated, incredibly convenient and truly move-in ready!

714 Jonquil Terrace, Deerfield

$425,000

2 Beds ⋅ 2 Baths ⋅ 12761092 MLS ⋅ ACTIVE Status ⋅ Coromandel BLDG.

Rarely available, sun-drenched waterfront corner unit in beautifully landscaped Coromandel! This second-floor residence offers tranquil water views from nearly every room, with an abundance of windows and natural light throughout, plus a private balcony overlooking the picturesque ponds, fountains, lush grounds and resident swans. The community's stunning, Botanic Garden-inspired landscaping creates a resort-like setting, while an impressive array of amenities includes indoor and outdoor pools, fitness center, clubhouse and more. Inside, this meticulously maintained home has been thoughtfully updated with comfort, efficiency and smart-home technology in mind. The open kitchen features a Kraus 33-inch double-bowl stainless sink with Delta faucet, reverse-osmosis water filtration with instant hot water, LG Smart dishwasher, LG Smart induction range with air fry and convection, 900-CFM flush-mount range hood, Toshiba inverter microwave and updated lighting. Additional improvements include freshly painted walls and doors, dimmable dual-mode recessed lighting, modern flush-mount ceiling fans, Kasa smart switches and plugs, Google Nest thermostat, motion-sensing closet lighting, smart fingerprint entry lock and updated window treatments. Major mechanical upgrades include a 2025 Carrier two-stage heating system and humidifier plus a 2026 Carrier WeatherMaker 14 SEER central air-conditioning system. Updated dual-flush toilets complete the extensive list of improvements. A heated garage space and large designated storage area are also included. Enjoy peaceful waterfront living, exceptional natural light, beautiful grounds and resort-style amenities in one of Coromandel's special corner locations!

352 Kelburn Road Unit #222, Deerfield

$449,999

3 Beds ⋅ 3 Baths ⋅ 12755062 MLS ⋅ ACTIVE Status

**Move-in ready, beautifully updated, and packed with space-520 Hummingbird Lane delivers the upgrades today's buyers are looking for in one of Deerfield's most desirable townhome communities.** Located in Winston Park North, this impressive 3-bedroom, 2.5-bath home features a finished basement, finished 2-car garage, additional attic storage, and extensive renovations throughout. The heart of the home is the stunning custom kitchen featuring granite countertops, custom cabinetry, stainless steel appliances, and a brand-new dishwasher (2025). The open and inviting layout flows seamlessly into the dining and living areas, creating the perfect setting for everyday living and entertaining. Throughout the home, you'll find rich hardwood flooring, solid 6-panel oak doors, updated trim, designer lighting, and beautifully remodeled bathrooms. Upstairs, three spacious bedrooms provide comfortable and flexible living space. The expansive finished basement adds an entirely new level of possibilities-ideal for a family room, home theater, office, gym, playroom, or guest space-plus a separate storage room for added convenience. Additional highlights include a finished 2-car garage, attic storage, in-unit washer and dryer, and a new HVAC system and central air conditioning (2024). Ideally positioned within the community and just minutes from parks, shopping, dining, Metra, and major expressways. Enjoy highly regarded schools, including Stevenson High School, while experiencing the convenience and low-maintenance lifestyle Winston Park North has to offer. With the major updates already completed, all that's left to do is move in and enjoy. Exceptional condition, outstanding location, and incredible space-520 Hummingbird Lane is ready to welcome its next owner. Schedule your private showing today!

520 Hummingbird Lane, Deerfield

$425,000

2 Beds ⋅ 2 Baths ⋅ 12747224 MLS ⋅ ACTIVE Status ⋅ Coromandel BLDG.

Light-filled corner unit in sought-after Coromandel offers 2 bedrooms, 2 full baths and a wonderful combination of comfort, convenience and resort-style amenities. Engineered hardwood floors flow throughout the main living areas, while two walls of windows fill the spacious living room with natural light. The open-concept layout connects seamlessly to the kitchen, creating an inviting space for everyday living and entertaining. Step outside to the large private balcony, a perfect spot for morning coffee, al fresco dining or evening cocktails. The kitchen features granite counters, stainless steel appliances, a breakfast bar, pantry closet and plenty of cabinet and counter space. Retreat to the spacious primary suite with a walk-in closet and well-appointed ensuite bath. A generously sized second bedroom, full hall bath, welcoming foyer with guest closet and convenient in-unit laundry complete the home. An elevator provides easy access to the heated underground garage, with parking ideally located near the elevator. New HVAC system September 2026! A large secured storage locker and bike room provide additional storage. Coromandel is known for its impressive amenities and beautiful surroundings. The clubhouse features indoor and outdoor pools, a hot tub, fitness center, party/card room with kitchen and lounge, plus on-site management. Residents also enjoy sports courts, playground and a pet-friendly community. Meandering tree-lined walking paths wind past picturesque ponds and fountains, creating a peaceful setting for an evening stroll or a quiet moment watching the ducks and swans. All of this is conveniently located near downtown Deerfield, with shopping, restaurants, grocery stores including Whole Foods, Metra and the library just minutes away. Enjoy an easy, low-maintenance lifestyle in one of Deerfield's most desirable communities!

412 Kelburn Road Unit #212, Deerfield

$254,900

2 Beds ⋅ 1 Baths ⋅ 12740809 MLS ⋅ ACTIVE Status ⋅ Inverrary BLDG.

INVESTORS ONLY! JUST RENTED FOR 1 YEAR . Beautifully updated and move-in ready 2-bedroom, 1-bath condo in highly desirable Inverary! This inviting home features real hardwood floors, fresh designer Sherwin-Williams Greek Villa paint throughout, recessed lighting, and an open-concept floor plan perfect for everyday living and entertaining. The spacious living room is anchored by a cozy gas fireplace with a refreshed surround and opens to a Pella sliding glass door leading to a private balcony overlooking beautifully maintained grounds. The stunning all-white kitchen is filled with natural light and showcases white cabinetry, beautiful white quartz countertops, an oversized farmhouse sink, stainless steel appliances, abundant cabinet space with NEW pantry added and stunning white subway backsplash! Spacious dining area looking out over the brand new balcony and new slider patio door. NEW PLUSH CARPET in the generous primary suite offers wonderful natural light, a large walk-in closet, and direct access to the updated bath featuring a newer vanity, Kohler toilet, mirror, medicine cabinet, and fixtures. The spacious second bedroom with NEW CARPET offers generous closet space, while the separate laundry room features a full-size washer, additional storage, and a beautifully finished utility area. An attached deep private garage with a newer garage door and direct foyer access, refreshed staircase with crisp white risers, and thoughtful updates throughout make this home truly move-in ready. Enjoy everything Inverarry has to offer, including beautifully landscaped grounds, open green space, playgrounds, and three swimming pools, all conveniently located near shopping, dining, parks, transportation, award-winning District 102 schools, and nationally ranked Stevenson High School. Don't miss this exceptional investment opportunity!

608 Inverrary Lane Unit #608, Deerfield

$415,900

3 Beds ⋅ 3 Baths ⋅ 12709679 MLS ⋅ ACTIVE Status

Fantastic opportunity to own this spacious 3-bedroom, 2.1-bath townhouse offering approximately 1,800 square feet of comfortable living space in highly sought-after unincorporated Deerfield! The bright and inviting floor plan features a generous living room, formal dining area, and an eat-in kitchen with ample cabinet space. Wood laminate flooring extends throughout the main and second levels, while the finished basement provides additional living space perfect for a family room, home office, recreation area, or workout room. The spacious primary suite includes a private bath, and two additional bedrooms offer plenty of room for family, guests, or a home office. Enjoy outdoor relaxation on your private patio, plus the convenience of an attached 2-car garage. Residents enjoy outstanding community amenities, including an outdoor pool, tennis courts, playground, party room, sundeck, and beautifully maintained common areas. Located within the award-winning Aptakisic-Tripp School District 102 and Adlai E. Stevenson High School District 125, and just minutes from shopping, dining, parks, major highways, and Metra. A wonderful opportunity to personalize a home with great space, an excellent layout, and an unbeatable location!

703 Mallard Lane, Deerfield

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