luxury homes

Glenview, a Top 100 safe city!

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I’ve never started a Glen blog referencing the FBI, but here goes…

According to FBI crime data Glenview, Illinois, home to the upscale North Shore development called The Glen, is one of the safest cities in the United States.  Location, Inc is the firm behind the neighborhoodscout.com website which recently reported on the 100 safest cities with at least 25,000 residents.  (Glenview’s population is 45,549.) The company, according to its website, provides products and data to companies large and small to fuel major investments, mitigate risk, protect company assets and budget resources.  Using FBI data on robberies, assaults, burglary, theft, rape, and homicides Glenview was ranked the 53rd safest city in the country.

I did a little googling to get some perspective on this achievement.  It turns out that there are 19,355 communities in the United States, and, of these, 1,290 have populations of 25,000 or more, according to the Census Bureau.  That puts Glenview’s safety index in the top 4.1% of all cities with that population level.

What does this mean to people considering The Glen as a future home?  According to neighborhoodscout.com, “Glenview is a good choice for families with children because of several factors. Many other families with children live here, making it a place where both parents and children are more likely to develop social ties with other families. The village’s good public school district and large population of college-educated adults provide an environment conducive to academic success. Many people own their own single-family homes, providing areas for children to play and stability in the community.”

So, here’s to yet another feather in Glenview’s and The Glen’s caps!  This is a great place to live, a safe place to raise a family, and wonderful place for kids.  You can’t ask for more.

The Glen offers luxury homes of all kinds: single family homes, townhomes, row homes, condo apartments, two-flats, villas, and duplexes.  It also offers a lovely retail area (Glen Town Center), two golf courses, parks, walking trails, and a Metra station for easy commutes to the city.  If you may be interested in learning about homes in The Glen, please contact me.  I’ve lived in The Glen for over 10 years, and I am an award winning Realtor affiliated with @properties.

Margaret Ludemann, 847-401-1802 and margaret.ludemann@gmail.com

Cambridge at the Glen…a great variety of 279 stunning homes

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The Cambridge neighborhood in The Glen (Glenview, Illinois) has the most diverse array of luxury home types among the various Glen neighborhoods.  You’ll find single family homes, townhomes, duplexes, and two-flats.

The Glen is an upscale residential and retail development on the grounds of the former Naval Air Station Glenview.  It has 1,255 homes in nine neighborhoods, excluding senior, rental, and Navy housing.  The Glen is known as the premier lifestyle community on Chicagoland’s North Shore.  It offers scores of shops, boutiques, restaurants, parks, two golf courses (including The Glen Club’s championship course designed by Tom Fazio), a movie theater, spa, health club, art gallery, and Kohl Children’s Museum.

Cambridge Homes (by Richard J. Brown) was the developer of the Cambridge neighborhood which was completed 12 years ago.  It is located along Patriot Boulevard on the west, West Lake Avenue on the south, and Lily Lane on the east.  Or, put another way, it is conveniently located between Glen Town Center (The Glen’s retail masterpiece) and the new North Glenview Metra Station.

279 stunning homes make up this development, and the breakdown by home type follows:

  • 104, traditional single family homes
  • 19, estate-style single family homes
  • 35, duplexes
  • 13, two-flats
  • 108, townhomes

Violet Street is the development’s “main street” running between Mint Lane and Lily Lane; and it offers the greatest variety of homes within Cambridge.  There are 68 homes on Violet.  38 are red brick townhomes (12 of which are end units), 8 are duplexes, and 22 are detached homes.  Of the single family home’s 10 are the large estate models.

My personal favorites in Cambridge are the Rockwellian bungalows with comfortable front porches, cozy yards, and white picket fences.  They are picture perfect properties like you would see in old Saturday Evening Post magazines of days gone by.

Home prices in Cambridge range from the high $300,000’s for townhomes to about a million dollars for the large estate homes.  If you may be interested in living in Cambridge – or anywhere in The Glen – please contact me at 847-401-1802.  I am a longtime Glen homeowner and an award winning Realtor specializing in Glen properties.

Margaret Ludemann, @properties Residential Brokerage.

Home sales in The Glen by neighborhood

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The Glen is an upscale residential and retail development in Glenview Illinois on Chicagoland‘s North Shore.  It is home to 1,255 privately owned residences in 9 distinct neighborhoods.  The Glen’s “main street” called Glen Town Center offers scores of restaurants and shops, as well as a movie theater, coffee shop, book store, and Kohl Children’s Museum.  The development also boasts a lake, park, recreation center, playgrounds, and two golf courses.  Recently I did an accounting of all home sales in The Glen in 2013 by neighborhood using MLS data, and here is what I found:

Cambridge is the development north of W. Lake, and it runs from Patriot Blvd to The Glen’s Metra train station.  It has 278 homes (townhomes, duplexes, two-flats, and single family homes).  14 homes sold in 2013 totaling $7,702,500, an average of $550,178.

Chapel Crossing is a development east of Patriot Blvd and south of Chestnut.  It has 168 single family homes.  9 homes sold totaling $9,283,750, an average of $1,031,527.

Glen Shore is a condominium development on the north side of Chestnut, nearly bordering Lehigh.  It has 31 units.  3 units sold totaling $917,500, an average of $305,833.

Landings is a development south of Chestnut and east of Chapel Crossing.  It has 143 single family homes.  8 homes sold totaling $7,110,000, an average of $888,750.

Patriot Commons is a development west of Patriot Blvd and south of Chestnut.  It borders The Glen Club golf course to the west. It has 68 townhomes and condo apartments.  1 home sold at $465,000.

Regency is the new Pulte development a quarter mile north of W. Lake and west of Shermer Rd.  149 townhomes and ranch villas (and 2 SFH) are planned.  All but 9 units have been sold as of 2.15.14.  29 sales totaled $13,397,485, an average of $461,982.

Southgate Single Family Homes is a development south of W. Lake, and it is bordered on the west by The Glen Club’s golf course.  The southern boundary is Independence Avenue.  It has 237 homes.  11 homes sold for a total of $13,037,000, an average of $1,185,181.

Southgate townhomes are in the confines of the Southgate development.  There are 62 units.  6 homes sold totaling $2,320,000 an average of $386,666.

Tower Crossing is a luxury townhome development bordering Glen Town Center on 3 sides.  It has 154 units.  20 homes sold totaling $13,673,900, an average of $683,695.

Obviously it was a very successful year for home sales in The Glen.  For information about homes for sale in The Glen, please contact me at 847-401-1802 or by email margaretludemann@gmail.com.

Margaret Ludemann, Glen resident and @properties Realtor

The Glen’s Tower Crossing townhomes saw a 6.1% increase in prices in 2013

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In a blog about a month ago I wrote about the substantial increase in sales of Tower Crossing townhomes in 2013.  Today I would like to tell you about the increase in prices.  Tower Crossing is a townhome development in the larger development called The Glen in Glenview, Illinois.  The Glen is home to several luxury housing neighborhoods, a “main street” called Glen Town Center with numerous shops and eateries, a lake, park, and two golf courses.  Tower Crossing has 154 stunning brick homes with 2 to 5 bedrooms and 3031 sq ft to 4105 sq ft, depending on model.

The developer began selling Tower Crossing’s luxury townhomes in 2003 and sold out by 2007. Nationally the housing bubble began to burst in 2005/06 with prices peaking in July 2006.  A steep decline followed.  2007, the year of the collapse of the sub-prime mortgage industry, saw the first year-over-year decline in home prices nationally since 1991.  Like the national downward trend, Tower Crossing suffered a sizable and rapid decline in home values.  From peak to bottom, Tower Crossing homes lost approximately 25% of their market value.

Homes in Tower Crossing currently sell in a range from the mid-$600,000’s to about $800,000 depending on size and model.  Prices in 2009 averaged $179.43 p/sq ft.  They rose to $189.02 in 2010 and stayed relatively flat in 2011 ($188.86) and 2012 ($186.88).  In 2013, however, prices in Tower Crossing rose 6.1% to $198.28 p/sq ft.  This represents an increase of 10.5% since 2009.

The Tower Crossing rental market also saw an increase in prices.  11 MLS-listed townhomes rented in 2013 vs. 12 in 2012 and 13 in 2011.  The range of prices paid in 2013 was $3400 to $4400 p/month.  The average rental price paid p/sq ft (using 1 month rental price) was $1.24 compared with $1.15 in 2012, a 7.8% increase.

Tower Crossing is a very popular development in The Glen, and it had a great 2013 in terms of home sales and prices.  If you would like more information about Tower Crossing please contact me at 847-401-1802 or margaretludemann@gmail.com

Margaret Ludemann, Glen resident and @properties Realtor

Regency at The Glen, only 9 homes left to sell

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For anyone interested in new construction in The Glen, you still have a chance to purchase a Regency townhome.  But only 9 homes remain to be sold among the 149 homes in the development.

Regency at the Glen is an upscale housing development in The Glen, the premier lifestyle community on Chicagoland’s North Shore, located in Glenview, Illinois.  There are 1,255 privately owned residences in 8 neighborhoods (Cambridge, Chapel Crossing, Glen Shore, Landings, Patriot Commons, Regency, Southgate, and Tower Crossing).  The Glen’s “main street” is called Glen Town Center, and it offers scores of restaurants and shops, along with a book store, movie theater, art gallery, spa, and the ever popular Kohl Children’s Museum.  The Glen has its own Metra train station with service to and from the city in less than 45 minutes.  O’Hare International Airport is approximately 20 minutes away by car.

Regency, built by Pulte Homes, is located off of Shermer Road, about a quarter mile north of West Lake Avenue.  It has 4 models of townhomes, 2 models of ranch villas (duplexes), and 2 single family homes.  The villas and single family homes sold out long ago, and only 9 townhomes remain. 8 of the available homes are of the Providence model with 1,835 sq ft.  Each of these has 2 bedrooms + loft except one unit which is configured with 3 bedrooms + loft.  All of the 2 bedroom homes are end units with windows on 3 sides.  The Providence models are priced between $416,990 and $488,525.

1 Freeport model may still be purchased.  It has 1,523 sq ft, and it is priced at $368,690.  It offers 2 bedrooms + loft.  All of the available homes may be customized with numerous upgrades.

To tour a Regency townhome you may call me, Realtor Margaret Ludemann, at 847-401-1802 or email me at margaret.ludemann@gmail.com.

Margaret Ludemann, Glen homeowner and @properties Realtor