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Realtor® Margaret Ludemann, Glen Homeowner

luxury living

22 Luxury Homes For Sale in The Glen

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If you’ve thought about living in The Glen one day, now’s a pretty good time to make your move. There are currently 22 homes on the market for sale, and there are always some available rentals as well.

The Glen in Glenview Illinois is a very special place to live. This development, built on the former grounds of Naval Air Station Glenview, offers luxury homes of all varieties, first class shopping, wonderful restaurants, a movie theater, Gallery Park, Lake Glenview, 2 golf courses, and so much more.

There are several residential developments within the Glen offering properties of every variety, including single family homes, townhomes, condos, two-flats, and duplexes. Currently, there are 11 single family homes on the market ranging in price from $749,000 to $2,199,000. These are large homes, from 3,000 square feet to…well, to HUGE!

Ten luxury townhomes are for sale. They range from about 1700 square feet to 3840 square feet. The prices start at $469,000 and go up to $819,000. Incidentally, that home at $819,000 is a real showplace…and it even has an elevator!

One condo apartment is for sale currently. For $449,000 you can buy 1521 square feet of luxury living.

The Glen lifestyle is loved by all who live there. I guess I should have written “here” rather than “there” because, lucky me, I’m long time Glen homeowner. I’m also an award winning Realtor with @properties. Please call me with questions or if you would like look at any homes. I can be reached at Margaret.Ludemann@gmail.com or 847-401-1802

Margaret Ludemann

The Glen Realty Group, affiliated with @properties Residential Brokerage

The new norm at Tower Crossing in The Glen…prices over $700,000

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Home prices at the ultra-cool Tower Crossing townhome development in The Glen (in Glenview Illinois) are hitting post-recession highs. Built between 2003 and 2007 these 4 story brick, Georgian style homes offer between 3,031 and 4,105 square feet of luxury living. There are 6 basic models and 9 floor plans. In addition to their beauty and size a huge appeal to Tower Crossing townhomes is their proximity to Glen Town Center, The Glen’s popular and upscale retail and dining “main street”. In fact they border Glen Town Center on 3 sides making a walk to dinner nothing more than a short stroll.

Digging into pricing data recently I found exactly what I expected. A materially higher percentage of Tower Crossing homes are now selling for $700,000 or more than in recent years. In 2010 there were no $700,000 sales. In the next two years (2011/2012) approximately a fourth of sales were at this level; and this grew to about half of sales in 2013/2014. But in 2015 (through mid-November) 93% of sales (13 of 14) were at $700,000 or more! The prices of larger Tower Crossing models (such as the Blackstone, Omni, and Biltmore) have been selling well into the $700’s for a few years, but now even smaller homes (for instance Valencias and Drakes) have reached $700,000+ price points. Because these smaller (though still quite large) models are selling in the low $700,000, the prices of larger models are increasing into the high $700’s and even the $800’s. In fact we saw a sale at $800,000 or more in 2014 and another in 2015. I sold both of these magnificent homes, and incidentally…they were worth every penny. I believe I have another $800,000 sale waiting in the wings. Until last year we hadn’t seen an $800,000 sale since at least 2007. Of course what any home will sell for is influenced by its condition, by market factors (including competition) at the time of listing, and by choice of realtor.

For more information about Tower Crossing you can go to www.towercrossinghomes.com or contact me at 847-401-1802 or margaretludemann@gmail.com. I am a Tower Crossing homeowner and an award winning Realtor.

Margaret Ludemann, @properties Real Estate