701 Elder Ln, Deerfield, IL 60015 Property Records

Lake County property record for 701 Elder Ln, Deerfield, IL 60015

Property Summary

Property TypeSingle Family Home
Details4 bd · 2.5 ba · 1,953 sqft · built 1950
Lot Size0.259 acres (11,282 sqft)
Owner2 Individual Names on File
Last Sale$475,000 (May 2005)
Tax Bill$11,683 (2024)
Deeds & MortgagesDec 2021 Mortgage
Feb 2023 Line of Credit
+ 3 more
Flood ZoneZone X (minimal risk)
APN16-28-311-038

Property Details

APN / Parcel Number

Primary APN16-28-311-038

Interior

Bedrooms4 Beds
Full Baths2.5 Baths
Half Baths1 Half Bath
Plumbing Fixtures8 Plumbing Fixtures
Total Rooms7 Rooms
Stories1 Story
Building Area1,953 sqft Living Area
Gross Area3,755 sqft
1st Floor Area1,214 sqft
2nd Floor Area739 sqft
Upper Floors Area860 sqft
Basement Area1,214 sqft
Fireplaces1 Fireplace
FireplaceFireplace

Exterior

Year BuiltBuilt 1950
Effective Year BuiltEffective 1950
Architectural StyleConventional
Exterior MaterialBrick
Construction TypeFrame
Roof MaterialComposition Shingle
Lot Area11,282 sqft (0.259 acres)
Lot Dimensions188 ft deep x 60 ft wide
Garage TypeAttached
Garage Area264 sqft
Parking Spaces1 Parking Space
PorchEnclosed Porch

Utilities, Heating & Cooling

Cooling SystemCentral
Heating SystemForced Air with A/C
Water SourceCommercial

Location & Zoning

Street Address701 ELDER LN
CityDEERFIELD
StateIL
Zip60015-3148
Property CategoryResidential
Property TypeResidential > Single Family > Home
Legal DescriptionDUFFYS SUB LOT 17
Legal SubdivisionDUFFYS SUB
Legal Lot Number17
JurisdictionLAKE IL
Township / Civil DivisionWEST DEERFIELD
Census Block Group2
Census Block2011
Census Tract864901

Owner

Source: Lake County assessment roll, APN 16-28-311-038, as of April 29, 2026 · Last verified May 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record2 Individual Names on File
Mailing Address701 ELDER LN, DEERFIELD, IL 60015-3148
OccupancyOwner Occupied
Owner TypeIndividual
VestingTenants by the Entirety

Deeds, Mortgages & Sale History

DateDocument
Dec 13, 2021Deed of Trust, Mortgage · Conventional Mortgage
PROPER RATE LLC
Feb 06, 2023Deed of Trust, Mortgage · Line of Credit
FIGURE LENDING LLC
Feb 17, 2026Deed of Trust, Mortgage · FHA Mortgage
PENNYMAC LOAN SERVICES LLC
Apr 24, 2024Deed of Trust, Mortgage · Line of Credit
FIGURE LENDING LLC
Apr 24, 2024Deed of Trust, Mortgage · Line of Credit
FIGURE LENDING LLC

Assessor's Deed Record

Deed Names2 Verified Names on Deed
Last SaleMay 27, 2005 · Amount on Record
Deed SaleMay 27, 2005 · Amount on Record
Prior SaleJul 16, 1998 · Amount on Record
Deed Document Number20055789228
Prior Transfer DateMay 20, 2003
Prior Transfer Doc0005238411
Record UpdatedJun 08, 2026

December 2021: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionLAKE IL
Property Address701 ELDER LN, DEERFIELD, IL 60015-3148
Transaction TypeMortgage
Record UpdatedApr 02, 2026
Title CompanyPROPER TITLE LLC

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0007853454
DateDec 13, 2021
Instrument7853454
Lender
NamePROPER RATE LLC
TypeMortgage Company
AddressCHICAGO, IL 60613
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Term239 Months
DueNov 01, 2041
Interest
Rate TypeFixed Rate
Rate2.87%

February 2023: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionLAKE IL
Property Address701 ELDER LN, DEERFIELD, IL 60015-3148
Transaction TypeMortgage
Record UpdatedApr 02, 2026

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0007957129
DateFeb 06, 2023
Instrument7957129
Lender
NameFIGURE LENDING LLC
TypeMortgage Company
AddressCHARLOTTE, NC 28202
Agreement
TypeLine of Credit
AmountAmount Recorded
Term120 Months
DueFeb 05, 2033
Interest
Rate TypeAdjustable Rate
Change FrequencyMonthly

February 2026: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionLAKE IL
Property Address701 ELDER LN, DEERFIELD, IL 60015-3148
Transaction TypeMortgage
Record UpdatedApr 02, 2026

Transferred To (Grantee/Buyer)

NameVerified Name
Address701 ELDER LN, DEERFIELD, IL 60015-3148

Mortgage

Document Number0008151845
DateFeb 17, 2026
Instrument8151845
Lender
NamePENNYMAC LOAN SERVICES LLC
TypeMortgage Company
AddressWESTLAKE VILLAGE, CA 91361
Agreement
TypeFHA Mortgage
AmountAmount Recorded
Term359 Months
DueJan 01, 2056
Interest
Rate5.62%

April 2024: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionLAKE IL
Property Address701 ELDER LN, DEERFIELD, IL 60015-3148
Transaction TypeMortgage
Record UpdatedApr 02, 2026

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0008030854
DateApr 24, 2024
Instrument8030854
Lender
NameFIGURE LENDING LLC
TypeMortgage Company
AddressCHARLOTTE, NC 28202
Agreement
TypeLine of Credit
AmountAmount Recorded
Term360 Months
DueApr 23, 2054
Interest
Rate TypeAdjustable Rate
Change FrequencyMonthly

April 2024: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionLAKE IL
Property Address701 ELDER LN, DEERFIELD, IL 60015-3148
Transaction TypeMortgage
Record UpdatedMay 09, 2024

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number0008030854
DateApr 24, 2024
Instrument8030854
Lender
NameFIGURE LENDING LLC
TypeMortgage Company
Address650 S TRYON ST # 88, CHARLOTTE, NC 28202
Agreement
TypeLine of Credit
AmountAmount Recorded
Term360 Months
DueApr 23, 2054
Interest
Change FrequencyMonthly

Tax Assessment & Valuation

Source: Lake County assessment roll as of April 29, 2026 · Last verified May 2026

Property Jurisdictions

TypeName
StateIllinois
CountyLake County
County SubdivisionWest Deerfield Township
MunicipalityDeerfield Village
Elementary School DistrictDeerfield School District 109 (PK - 08)
Secondary School DistrictTownship High School District 113 (09 - 12)

Tax Bill & Assessment History

Assessed value and assessed market value are set for property tax purposes, not market price estimates; both are a fraction of this property's market value.

YearTax BillAssessed ValueAssessed Market Value
2025$141,234 (+9.24%) Land $49,780 Building $91,454$423,744 (+9.24%) Land $149,355 Building $274,389
2024$11,683.00 (-6.62%)
2023$12,511.00 (+6.05%)$129,284 (-6.4%) Land $45,568 Building $83,716$387,891 (-6.4%) Land $136,718 Building $251,173
2022$11,797.00$138,123 Land $48,944 Building $89,179$414,411 Land $146,847 Building $267,564

Flood & Wildfire

Source: FEMA National Flood Hazard Layer, Lake County (17097C), as of February 20, 2024 · FEMA OpenFEMA NFIP redacted claims and policies, census block group 170978649012, as of September 2026 · USDA Forest Service Wildfire Risk to Communities, 2nd edition, as of 2020 · Last verified October 2026

Flood

FEMA Flood ZoneZone X
minimal risk
Flood Insurance RequirementNot required
lenders may require it
Community Rating SystemClass 6 (20% premium discount)
Nearby Flood Policies5 in force
Nearby Flood Claims1 (2010)
Claims Outside the SFHA1 of 1
Most Recent ClaimAug 2010 · other causes

Wildfire

Wildfire RiskLow
lower than 99.1% of the US · lower than 94% of Illinois
Wildfire LikelihoodUnder 0.01% annual chance
ExposureNone
beyond ember reach

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Internet Providers

Source: FCC Broadband Data Collection, 401 locations within half a mile, as of December 31, 2025 · Last verified October 2026

ProviderMax Down / Up (Mbps)
AT&T
Fiber · DSL · Fixed Wireless in parts of the area
5,000 / 5,000
Xfinity
Cable
2,000 / 250
Verizon
Fixed Wireless
300 / 20
T-Mobile USA
Fixed Wireless
100 / 20

Drinking Water

Source: EPA Safe Drinking Water Information System, water system IL0974340, as of 2026 Q3 · EPA water system boundaries as of March 2026 · Last verified October 2026

Water SystemDEERFIELD
serves 19,196 people
Water SourcePurchased surface water from HIGHLAND PARK
Last State InspectionOct 2025
Lead5 ppb (2026)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and Reporting6
last 3 years

Results are for the whole water system as reported to EPA, not water tested at this address; lead at the tap also depends on the building's own pipes. The full violation and enforcement history is in the system's EPA record.

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