Glen Town Center Sold

Glen Town Center has recently sold. Owned by the Oliver McMillan Company out of San Diego since inception, it sold to Dallas, Texas based Tabani Group, Inc. last month. Glen Town Center is The Glen’s shopping and dining hub, basically the neighborhood’s “main street.”

The Glen is an upscale residential and retail development in Glenview, Illinois; and it’s generally considered the finest lifestyle community on Chicagoland’s North Shore. Nine residential neighborhoods reside in The Glen offering homes of all kinds including single family homes, town homes, row homes, apartments, duplexes, two-flats, villas, and condos. Home prices range from the $400,000’s to well over $1,000,000.

At the center of it all is Glen Town Center’s excellent restaurants (many with outdoor dining in the summer), shops & boutiques, a movie theater, a book store and a spa. Some of the popular spots along Tower Drive (main street) include Von Maur department store, Dick’s Sporting Goods, Glenview Jewelers, Hot Mama, and numerous small boutiques. Restaurants include Bravo Cucina Italiana, Yard House, MooYah, Jamisons, Ted’s Montana Grill, RA Sushi, and The Curragh Traditional Irish Pub. 90% of retail space is filled.  It is only Glen Town Center that sold, not the residential areas.

Glen homeowners love the lifestyle created by the vibrancy of Glen Town Center. It’s not just the restaurants and shops that attract area residents; Oliver McMillan sponsored many activities including an annual art festival, classic car days, weekly concerts on the green, and many things for children. The new owner promises even more activities in Glen Town Center.

The real estate market in The Glen is strong. Most homes sell rather quickly here and at a very high percentage of asking price. If you may be interested in living in The Glen, please contact me at Margaret.Ludemann@cbexchange.com. I am an original Glen homeowner and an award winning Realtor affiliated with Coldwell Banker.

Margaret Ludemann

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