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Realtor® Margaret Ludemann, Glen Homeowner

Landings in The Glen

Townhomes, Row Homes, Duplexes, Two-Flats & Condos in The Glen

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If you don’t know about The Glen, you’re in for a very pleasant surprise.  It is a retail and residential development in Glenview, and it’s like no other.  It is popular for many reasons including Glen Town Center (shopping, dining, entertainment), two golf courses (The Glen Club, Glenview National 9), the Park Center, Kohl Children’s Museum, and several beautiful neighborhoods (Cambridge, Chapel Crossing, Glen Shore, Landings in The Glen, Patriot Commons, Regency at The Glen, Southgate, Tower Crossing and Westgate), and 700 beautiful single family homes.  Today, though, I want to tell you about the many townhomes, row homes, villas, duplexes, two-flats and condos in The Glen.

There are over 500 attached homes in The Glen, and there are more models than you can count.  Some are modest in size at 1141 sq ft.  Others are very large at 4105 sq ft.  And there are scads of home sizes in between.  They range from one level to four.  Yes, four!  Home prices range between the $300s to the $800’s.  Here is a summary of the various Glen neighborhoods that offer attached housing.

Cambridge:  108 townhomes, 35 duplexes, 13 two-flats.  There is a variety of sizes and models.

Glen Shore:  38 condo/apartments are available in various sizes & models.

Patriot Commons:  Six townhome and condominium models are available, offering 1141 sq ft to 1388 sq ft.

Regency:  109 townhomes and 40 ranch villas.  Townhomes range in size between 1523 sq ft and 1835 sq ft.  Villas are larger at 1883 sq ft – 2493 sq ft.

Southgate:  38 lovely row homes offer 1,585 to 1,919 sq ft.  24 charming villas offer 1,625 to 2,055 sq ft.

Tower Crossing:  154 townhomes, 6 models, 3031 sq ft to 4105 sq ft.

Westgate:  70 row homes range between 2542 sq ft to 2980 sq ft, and 63 Mews townhomes between 2167 sq ft to 2399 sq ft.

If you would like additional information, please contact me at 847-401-1802 or by email at MargaretLudemann@cbexchange.com.  I am an award-winning Realtor and long time Glen homeowner.

Margaret Ludemann, The Glen Realty Group, @properties

Kids in The Glen

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Kids. Lots of them. Right here in The Glen!

In fact we have 1,336 children (ages birth through the 12th grade) in the 1,254 privately owned homes in this upscale residential and retail community in Glenview Illinois. As a long time Glen resident and as a Realtor who focuses heavily on The Glen, I know what a wonderful place this is for children. I have a 15 year old son who has grown up here, and he loves everything about it. Gallery Park, Lake Glenview, soccer fields, tennis courts, Kohl Children’s Museum, Arclight Movie Theater, and so much more.

We have eight developments with privately owned homes in The Glen, not counting Westgate which is under construction. Here is a breakdown of children in each:

Chapel Crossing: 167 homes 284 kids 1.7 kids p/home

Landings: 143 homes 236 kids 1.65 kids p/home

Southgate: 299 homes 413 kids 1.38 kids p/ home

Cambridge: 244 homes 234 kids 0.96 kids p/home

Regency: 148 homes 76 kids 0.51 kids p/home

Tower Crossing: 154 homes 73 kids 0.47 kids p/home

Patriot Commons: 68 homes 16 kids 0.24 kids p/home

Glen Shore: 31 homes 4 kids 0.13 kids p/home

Not surprisingly the developments with the most single family homes have the highest percentage of children p/home: Chapel Crossing and Landings. Southgate and Cambridge have a mix of single family homes and attached housing. On the other end of the spectrum, the developments with the most attached housing (mainly townhomes and condos) have the lowest percentage of children p/home: Tower Crossing, Regency, Patriot Commons and Glen Shore.

If you would like to know more about The Glen please give me a call.

Margaret Ludemann, Realtor, @properties

847-401-1802   margaretludemann@gmail.com

Regency at The Glen sales are picking up steam

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Judging from 2015 real estate sales in the Glen’s Regency development, it’s obvious that this new’ish neighborhood is already turning over to second owners. While the development only sold out last year, several homes of early buyers have re-sold and others rented in the first half of this year. This is good news for buyers looking for Glen properties at somewhat smaller sizes with more modest price points than many other local neighborhoods.

Here’s a little background. Pulte Homes constructed 104 luxury townhomes, 38 ranch villas, and 2 single family homes in the Regency at the Glen development in Glenview Illinois. The townhomes are offered in 4 different models ranging in size from 1523 sq ft to 1835 sq ft. There are 2 models of villas (duplexes) ranging in size from 1883 sq ft to 2493 sq ft. Regency is located literally across the street from two wonderful golf courses, The Glen Club (18 hole championship course) and Glenview Prairie Club (9 holes). It’s also a short walk to Glen Town Center’s many shops and restaurants.

Six Regency homes have already been sold by their original owners in the first half of 2015, 4 of these were townhomes and 2 were villas. The townhomes each sold in the $400s, and the villas sold in the high $600s. There are 4 more Regency homes (all townhomes) under contract between their original owners and new buyers; these are expected to close in the third quarter of the year. Four townhomes have also rented this year.

So now is a great time for buyers who want to live in the Glen. Regency homes are on the market as well as single family homes, row homes, townhomes, and condos in other areas of the Glen including Chapel Crossing, Cambridge, Landings, Tower Crossing, Patriot Commons, and Southgate. I’ve lived in the Glen for 12 years, and as a leading Glen realtor I am familiar with each neighborhood and housing type. If you may be interested in living in Regency or any other area of the Glen, please contact me.

Margaret Ludemann, @properties Realtor

MargaretLudemann@cbexchange.com   847-401-1802

The real estate market is strong this year…nationally and in the Glen

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As a realtor I’m asked about the real estate market every day.  And since I live in The Glen, a luxury home development in Glenview Illinois, everyone wants to know how homes are selling here.  Well, the market is strong, thank you very much.

Home sales are up nationally and in in the Glen. New construction is leading the way; and in the Glen that means in the Westgate and Patriot Commons neighborhoods.  It’s anticipated that new home sales will be up over 20% across the country. Existing home sales nationwide will likely increase 5% to 7% this year which is also strong.

The strength of home sales is primarily due to three factors:

  1. First time home buyers. Rents have increased substantially this year, encouraging many renters to purchase homes.
  2. Lending standards have eased up which is increasing the buyer pool.
  3. Continued low interest rates. Mortgage interest rates have trended up modestly in the last few months (about a quarter point), but they remain low by historical standards. Thirty year fixed rate loans are currently at about 4.1%, and jumbos are at this same level. Many home sales in the Glen – particularly in the Southgate, Tower Crossing, Chapel Crossing, Landings, and Cambridge neighborhoods – involve jumbo loans. Jumbos typically carry a somewhat higher rate, though that is not the case currently. Interest rates may increase a bit more in 2016 and 2017 making now a good time for buyers (and therefore for sellers, too).

The Glen is a wonderful place to live. In addition to all of the beautiful homes, the community lifestyle is hard to beat. There are two great golf courses, both within walking distance of any home in the Glen. The central marketplace is called Glen Town Center which has numerous restaurants (casual and upscale), many shops and boutiques, a movie theater, and a book store. If you are interested in living in the Glen, please contact me. I am a long time Glen homeowner and an award winning realtor affiliated with @properties.

Margaret Ludemann   margaretludemann@gmail.com   847-401-1802

Home prices in The Glen…by Neighborhood

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Home prices in the Glen vary by neighborhood, and they range from the $300,000’s to over $2 million. There are ten subdivisions within the Glen development. Each was conceived, designed, and built by its own developer between about 2000 and…well, two neighborhoods are still being built. I’m frequently asked about home prices in these various neighborhoods, and that’s the topic of today’s blog.

But first a little background. The Glen resides on the land which was formerly Naval Air Station Glenview. When the base closed the land was sold to the Village of Glenview for development. In addition to privately owned residences, the Glen has an exciting retail area known as Glen Town Center. There are also parks, a lake, golf courses, a middle school and so much more. It has become the North Shore’s premier residential and retail community.

OK, now for housing prices; and I’ll break them down for you by neighborhood:

Cambridge has 244 single family homes, townhomes, row homes, duplexes, and two-flats. Prices range from the $400’s to over $1 million depending on housing type.

Chapel Crossing has 167 single family homes with prices between the mid-$800’s to approximately $1.4 million

Glen Shore offers 31 condo apartments priced in the $300’s to $500’s.

Landings’ 143 single family homes reside adjacent to Chapel Crossing with similar price points.

Patriot Commons currently has 68 completed townhomes and condo apartments; and more are under construction. These can be purchased from the $400’s to $700’s.

Regency is a newly completed subdivision with 149 townhomes and attached villas (duplexes), and two single family homes. Price points are in the $400’s to the high $700’s.

Southgate is composed of 237 single family homes ranging from $1 million to over $2 million. This community carries the highest price points in the Glen.

Southgate (on Langley Circle) has 62 townhomes and villas selling in the high $300’s to $500’s.

Tower Crossing’s 154 townhomes offer several models with prices in the mid-$600’s to mid-$800’s.

The Westgate neighborhood (currently under construction) will have 171 homes, a mix of single family, townhomes and row homes. Price points are between the high $400’s for townhomes to the low $800’s for single family homes.

So as you can see there is a great deal of variety in neighborhoods, home types, and pricing in the Glen. If you would like to learn more about homes in the Glen, please contact me at 847-401-1802 or margaret.ludemann@gmail.com.

Margaret Ludemann, Glen homeowner and @properties Realtor.