Deerfield Homes under $500,000

Welcome to Deerfield, Illinois—your perfect blend of suburban charm and urban convenience! Nestled in the heart of Lake County, Deerfield is a vibrant community known for its top-rated schools, beautiful parks, and a welcoming atmosphere. With its tree-lined streets and friendly neighborhoods, Deerfield offers residents a tranquil lifestyle just a short drive from the bustling city of Chicago.

One of the standout features of Deerfield is its diverse range of homes, particularly those priced under $500,000. Whether you’re a first-time homebuyer, a growing family, or someone looking to downsize, you’ll find a variety of options that cater to your needs. From cozy single-family homes with spacious yards to charming townhouses, there’s something for everyone in this sought-after area.

Deerfield is also home to a plethora of amenities that enhance the quality of life for its residents. Enjoy leisurely strolls through the picturesque parks, indulge in shopping at the local boutiques, or savor delicious meals at the many restaurants that dot the area. The community is rich in culture, hosting events throughout the year that bring neighbors together and foster a strong sense of belonging.

With its excellent public transportation options, including nearby Metra stations, commuting to Chicago or other surrounding areas is a breeze. Discover the allure of Deerfield—where a beautiful home awaits you in a community that feels like family. Explore our listings today and take the first step toward making Deerfield your new home!

Newest Deerfield Homes under $500,000

$285,000

2 Beds ⋅ 2 Baths ⋅ 12771726 MLS ⋅ NEW Status

Welcome to this cozy two-story townhome in the desirable Deerfield area! This 2-bedroom, 1.5-bath home features a finished basement, attached one-car garage, and is located within the highly sought-after Adlai E. Stevenson High School District. Step inside to find a spacious living room and kitchen area featuring additional cabinetry for extra storage and a convenient breakfast bar. The finished basement provides additional living space and includes an in-unit washer and dryer for added convenience. Enjoy fantastic community amenities, including an outdoor swimming pool and playground-perfect for relaxing and enjoying time outdoors. The location couldn't be better, with easy access to Woodman's, Walgreens, restaurants, shopping, and I-94. Whether you're a first-time buyer or looking for a great investment opportunity, this townhome checks all the boxes. Don't miss this wonderful opportunity-schedule your private showing today!

336 Inverrary Lane, Deerfield

$445,000

4 Beds ⋅ 2 Baths ⋅ 12769455 MLS ⋅ NEW Status

Nestled in a prime location just minutes from vibrant downtown Deerfield, parks, and the Metra, this classic Cape Cod effortlessly combines timeless charm with a versatile floor plan. Inside, you'll find four spacious bedrooms thoughtfully distributed with two on the main floor and two upstairs, offering ultimate flexibility for family, guests, or a dedicated home office. One of the first-floor bedrooms features sliding glass doors that open directly into a light-filled three-season room-creating a seamless transition to the outdoors and a peaceful retreat for morning coffee or evening relaxation. The spacious living room offers a fireplace, while the kitchen opens into the dining room and has a door to the outside. The home includes one and a half bathrooms both updated in 2018 and heated floors in the full bathroom, as well as an expansive unfinished basement housing the laundry area alongside endless potential for storage. Outside, the home is on a dead-end street and boasts a fully fenced backyard and large deck. There is a two car detached garage. Many updates including: Roof (2017), windows (2010), garage door (2017), water heater (2017), sump pump and battery backup (2022), Normandy exterior remodel (2018), solid interior doors (2018). Estate sale, home being sold as is.

1122 Osterman Avenue, Deerfield

$300,000

1 Beds ⋅ 3 Baths ⋅ 12766362 MLS ⋅ NEW 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

$435,000

2 Beds ⋅ 2 Baths ⋅ 12762783 MLS ⋅ NEW Status ⋅ Coromandel BLDG.

RARELY AVAILABLE FIRST FLOOR CORNER UNIT in Coromandel with extra-large bedrooms 4 sets of sliding glass doors extending seamlessly across all main rooms to private patio. PLUS 2 PARKING SPOTS in heated garage. This bright and sunny first-floor corner unit offers serene pond and botanic garden landscaping views and features a private patio that extends seamlessly across all main rooms. Spacious, white eat-in kitchen complete with a convenient pass-through to the great room-ideal for dining and entertaining. Freshly painted, neutral, move-in-ready decor and the added convenience of in-unit laundry. Short distance to community amenities include exclusive access to a clubhouse featuring a fully equipped gym, a party room, two sparkling pools, and lots more. Also rarely included TWO side-by-side indoor parking spaces (#4013 & #4014) and dedicated storage locker (#8). HVAC is under 3 years old. Broker owned. Easy to show! Taxes do not reflect any tax exemptions.

401 Kelburn Road Unit #114, Deerfield

$419,000

2 Beds ⋅ 2 Baths ⋅ 12734855 MLS ⋅ NEW 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 ⋅ NEW 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

$295,000

1 Beds ⋅ 1 Baths ⋅ 12740538 MLS ⋅ ACTIVE Status ⋅ Coromandel BLDG.

Best Location In Coromandel! Beautifully appointed one bedroom, one bath condo filled with natural light and offering beautiful views. The inviting kitchen features granite countertops, stainless steel appliances, crisp white cabinetry with sleek hardware, breakfast bar, creating a bright and timeless space. The kitchen has a large beautiful skylight to add to the natural light in this beautiful unit. The primary bedroom is spacious with a huge walk-in closet and large slider for plenty of light. The bathroom has been updated wth an easy and accessible shower, gorgeous tile, skylight, beautiful white vanity with granite countertop. Large storage closet in front hall. In unit washer and dryer completes this fabulous condo. Enjoy everything the wonderful Coromandel community has to offer, including indoor and outdoor pools, tennis, fitness center, ponds, and beautifully landscaped grounds. Plus, enjoy the convenience of being just minutes from downtown Deerfield. Garage space 3802 ; Storage # 29.

382 Kelburn Road Unit #321, Deerfield

$254,900

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

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 opportunity to call this beautifully updated home your own! WELCOME HOME!

608 Inverrary Lane Unit #608, Deerfield

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