516 Inverrary Ln, Deerfield, IL 60015
Property image
Property image
OFF MARKET

$313,400

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 1,100 sqft

516 Inverrary Ln, Deerfield, IL 60015

Est. Refi. Payment $2,390/mo*
Refinance Your Home
Currently Off Market - Sold Apr 11, 2025 for $290,000

Home Value

Trulia Estimate
$313K
Since last month
Increased$3K (+0.9%)
Since last year
Increased$20K (+6.7%)
Since last sale
Increased$24K (+8.3%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +91% in the last 10 years
MonthEstimated value
2026
August 2026$314K
August 2026$314K
July 2026$311K
June 2026$306K
May 2026$308K
April 2026$305K
March 2026$303K
February 2026$300K
January 2026$303K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.12
Townhouse
$293,000
05/29/26
2
1.5
992
0.26
Townhouse
$290,000
07/20/26
2
1.5
1,408
0.11
Townhouse
$347,000
08/06/26
3
3.5
1,676
0.38
Townhouse
$283,000
01/02/26
2
1.5
992
0.11
Townhouse
$386,000
09/19/25
4
2.5
1,856
0.24
Townhouse
$380,000
12/02/25
3
2.5
1,689

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.00
$312,900
2
1.5
1,476
Off Market
0.00
$300,000
2
1.5
-
Recently Sold
0.00
$254,900
2
1
1,085
For Sale
0.00
$317,900
2
1.5
-
Off Market
0.00
$310,000
2
1.5
-
Off Market
0.00
$293,500
2
1.5
1,560
Off Market
0.00
$249,800
2
1
990
Off Market
0.08
$324,300
3
2
1,200
Off Market
0.12
$293,000
2
1.5
992
Recently Sold
0.12
$291,500
3
1.5
814
Off Market
0.12
$255,900
2
1
990
Off Market

Local Information

  • Map ViewExplore the area around 516 Inverrary Ln.
  • Schools1 Preschool School2 Elementary Schools1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Townhouse
Built in 1974
1,100 sqft
$285/sqft
1 Car Garage
HOA $340/mo

About this House

A beautifully updated townhome nestled in the heart of Deerfield. This charming 3-bedroom, 2-bathroom residence offers the perfect blend of modern convenience and cozy comfort. Step inside to find an inviting living space filled with natural light, and stylish laminate floors. The open-concept design flows seamlessly into the updated kitchen, stainless steel appliances. The spacious primary bedroom provides a serene retreat, while the additional bedrooms offer versatility-ideal for a growing family, home office, or guest space. Both bathrooms have been thoughtfully updated with modern fixtures and finishes, adding a touch of elegance to your daily routine. Outside, enjoy the convenience of 1-car garage and the perks of parks, and highly rated schools, including the prestigious Adlai E. Stevenson High School District. With its prime location, stylish updates, and welcoming atmosphere, this home is move-in ready and waiting for you to make it your own!
516 Inverrary Ln, Deerfield, IL 60015 is a 3 bedroom, 2 bathroom, 1,100 sqft townhouse built in 1974. It last sold for $290,000 on Apr 11, 2025 (2% above the $284,900 asking price). More recently, it was listed as a rental in April 2026 with an asking price of $2,700 per month. That rental listing was removed on April 20, 2026. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $313,400, with a rent estimate of $2,618/month.
Last check for updates: about 4 hours ago
Listed by Rutul Parekh, (847) 293-9190
ARNI Realty Incorporated
Bought with: Slava Lenox, Barr Agency, Inc
Source: MRED as distributed by MLS GRID, MLS#12312915

Home Details for 516 Inverrary Ln

Active Status

MLS Status: Closed

Interior Features

Interior Details
Basement: Crawl Space,DaylightNumber of Rooms: 6Types of Rooms: Master Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Dining Room, Family Room, Kitchen, Laundry, Living Room
Beds & Baths
Number of Bedrooms: 3Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 1100 Square Feet
Appliances & Utilities
Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, DisposalDishwasherDisposalDryerLaundry: In UnitMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: Natural Gas,Forced AirHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Natural Gas
Fireplace & Spa
No Spa
Gas & Electric
Electric: Circuit Breakers
Windows, Doors, Floors & Walls
Window: ScreensFlooring: Hardwood
Levels, Entrance, & Accessibility
Number of Stories: 2Accessibility: No Disability AccessFloors: Hardwood
View
No View

Exterior Features

Exterior Home Features
Roof: MetalFoundation: Concrete Perimeter
Parking & Garage
Number of Garage Spaces: 1Number of Covered Spaces: 1Has a GarageHas an Attached GarageHas Open ParkingParking Spaces: 1Parking: Asphalt,Garage Door Opener,On Site,Garage Owned,Attached,Garage
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer

Property Information

Year Built
Year Built: 1974
Property Type / Style
Property Type: ResidentialProperty Subtype: Townhouse, Condominium, Single Family Residence
Building
Construction Materials: Brick, OtherNot a New ConstructionNo Additional Parcels
Property Information
Parcel Number: 15353000050000

Price & Status

Price
List Price: $284,900
Status Change & Dates
Off Market Date: Mon Mar 17 2025Possession Timing: Negotiable

Location

Direction & Address
City: Deerfield
School Information
Elementary School: Tripp SchoolElementary School District: 102Jr High / Middle School: Aptakisic Junior High SchoolJr High / Middle School District: 102High School: Adlai E Stevenson High SchoolHigh School District: 125

HOA

HOA Fee Includes: Water, Parking, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow RemovalHas an HOAHOA Fee: $340/Monthly

Listing Info

Special Conditions: None

Offer

Listing Terms: Cash

Business

Business Information
Ownership: Condo

Miscellaneous

BasementMls Number: 12312915

Additional Information

Source Internet Consumer CommentSource Internet Automated Valuation DisplaySource Internet Entire Listing DisplaySource Internet Address DisplayMRD REMARKSINTERNET: Yes

Price and Tax history

DateEventPrice
Apr 20, 2026
Source: Zillow Rentals
ListingRemoved
$2,700
Apr 10, 2026
Source: Zillow Rentals
Listed For Rent
$2,700
May 26, 2025
Source: Zillow Rentals
ListingRemoved
$2,700
May 24, 2025
Source: Zillow Rentals
Listed For Rent
$2,700
Apr 11, 2025
Source: MRED as distributed by MLS GRID #12312915
Sold
$290,000

Market trends in Deerfield

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$612K
$1K
MoM
Sale-to-List Price
101.0%
0.1%
MoM
Price per sq ft
$307
$5
MoM
Available listings
54
3
MoM

Around this home

What Locals Say about Deerfield

At least 104 Trulia users voted on each feature.
  • 90 % Say parking is easy

  • 88 % Say there are sidewalks

  • 88 % Say it's dog friendly

  • 86 % Say car is needed

  • 85 % Say there's holiday spirit

  • 82 % Say kids play outside

  • 80 % Say people would walk alone at night

  • 78 % Say it's quiet

  • 75 % Say yards are well-kept

  • 70 % Say there's wildlife

  • 68 % Say it's walkable to restaurants

  • 61 % Say it's walkable to grocery stores

  • 61 % Say streets are well-lit

  • 59 % Say they plan to stay for at least 5 years

  • 56 % Say there are community events

  • 54 % Say neighbors are friendly

Sourced by Trulia users. Learn more about our methodology.
  • Traci Rabindran
    "It is very calm and peaceful with lots of parks and shops nearby. Thanks. Conveniently located near the Metra train and all major expressways."
  • Michelle
    "Not too bad driving my car to work. Commute has minimal traffic and easy access to highway. The roads are good"
  • Mtiatia
    "Mixed generation neighborhood. Lots of families. Close to Deerfield high school. ........................"
  • Anna B.
    "we have ice cream trucks and block parties.its very safe here. People help each other. we have lots of kids and 9/10 and 10/10 schools!!!"
  • Jan1964
    "friendliness and since of comfort knowing that your neighbors are watching out for you and your family "
  • Marv M.
    "Holiday festivals, school sporting events, community parties, hosted events, eateries, sports activities, hiking locations, greenery, safety, police involvement "
  • Marvin m.
    "Fantastic top-rated schools, friendly and caring neighbor, clean and organized, city is quick to respond to any issues, safe and comfortable, beautiful..."
  • Trulia User
    "Annual Christmas slay rides, 4th of July events, summer pony rides and games, painting at the park, movies and camping at the park..."
  • Mike L.
    "Self entitled rich people. That are not very accepting of new people . Schools are overly competitive. "
  • Jps819
    "Kings cove is a nice place to raise kids, safe walkable, bikeable community with little traffic. Neighbors are friendly, helpful and professional people. Homes are well kept and maintained. From elementary school thru high school you canโ€™t do better than this school system."
  • Gwen d.
    "The schools are great. New fun fast casual restaurants opening. Great park district. Walk to 2 metra lines. Close to 2 major highways. Commutable to Chicago or Milwaukee "
  • Ozdaryal
    "I've lived in this neighborhood for 9 years and I love it. Great neighbors, best park district, best schools.."
  • Debbie
    "Have lived here 22 years. Been great experience for our family. The schools are amazing and there are lots of ways to get involved. Close to train line, highways and downtime but is still a quiet suburb. A wonderful, safe place to raise kids. They are now in college and it's time to downsize"
  • Cindy B.
    "Deerfield is a wonderful community. We have award winning schools, a brand new library, farmers market, a vibrant downtown area, shopping and dining, several parks, community involvement, and easy options for traveling into the city. Great place to call home!"
  • Cindy B.
    "Top-rated schools, lovely neighborhoods, great public transportation to the city and easy access to highways are just a few of the reasons why this is a great community to call Home!"
  • Cindy B.
    "This is a great area! Close to everything and easy access to 294. Friendly, family-oriented neighborhood, near parks and town. "

LGBTQ Local Legal Protections

Based on information submitted to the MLS GRID as of 2026. 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. Click here for more information

Frequently asked questions about 516 Inverrary Ln

  • What is 516 Inverrary Ln estimated to be worth?
    Trulia's estimated value for 516 Inverrary Ln in Deerfield, IL is $313,400.
  • What is the price history for 516 Inverrary Ln?
    516 Inverrary Ln in Deerfield, IL last sold for $290,000 in April 2025.
  • Is Deerfield a buyer's or seller's market?
    Deerfield is currently a balanced market, based on recent for-sale activity.
  • What's the median sale price in Deerfield?
    The median sale price in Deerfield is $612K. That is down $1K from the prior month.
  • Does 516 Inverrary Ln have air conditioning?
    Yes, 516 Inverrary Ln in Deerfield, IL has air conditioning.
  • Does 516 Inverrary Ln have laundry facilities?
    Yes, 516 Inverrary Ln in Deerfield, IL has in-unit laundry.

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