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$399,990
Deerfield, IL 60015
An incredible opportunity to build your dream home in Deerfield, surrounded by beautiful custom homes! One of Deerfield's most affordable opportunities to create something truly special in an established neighborhood with impressive newer construction. This property offers exceptional potential for builders, investors, or buyers looking to create a custom home. The current owner has already begun the redevelopment process, with the existing home taken down to the studs, giving the next owner a head start and the flexibility to bring their own vision to life. Architectural plans and permits for both one- and two-story build-out options are available for purchase. Just down the street from Woodland Park, featuring walking and biking paths, playgrounds, sports courts, and beautiful green space. Enjoy convenient access to downtown Deerfield, shopping and dining at Deerfield Square, Whole Foods, the Metra train station, and Deerfield High School. With custom homes throughout the surrounding neighborhood and so much potential to create something extraordinary, opportunities like this are hard to find. Bring your builder, your vision, and your creativity!
Estimated monthly cost for this home
$3,154/mo
Estimate only, not a quote or offer of credit. Rate starts from today's market rate (7.32%, 2026-10-22). Taxes from the listing's MRED record. Talk to a lender for real numbers; a Subdiview agent can introduce you to a good one.
| Listed Oct 26, 2026 | $399,990 |
| 2025 property taxes | $10,075/yr |
From the listing's MRED record. MRED does not publish per-change dates through IDX, so price changes are shown without one rather than guessed.
Assigned schools per the listing's MRED record. Always verify with the district before you buy.
Elementary
Walden Elementary School
109
Middle
Alan B Shepard Middle School
109
High school
Deerfield High School113
See programs, enrollment & homes near this school →
MRED Broker ReciprocityThis listing is part of the MRED data exchange program provided courtesy of Coldwell Banker Realty, listed by Diana Matichyn.
Information last updated Oct 26, 2026, 9:32 PM.
1057 Elmwood Avenue
Deerfield, IL 60015

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Call 224-385-8779Sourced from the MRED MLS feed. Last updated when the listing was modified.