row homes

Westage at the Glen…one step closer to reality

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The Glenview Planning Commission just approved a new housing project to be constructed in The Glen and called Westgate at The Glen Townes.  It will go before Glenview’s board in February for final approval which is expected.

The Glen is the North Shore’s premier lifestyle community located in Glenview, Illinois approximately 20 miles north of downtown Chicago.  It offers luxury homes (single family homes, row homes, townhomes, condos, duplexes, and two-flats) as well as a park, lake, walking trails, health club, movie theater, two golf courses, and a quaint main street called Glen Town Center filled with shops and restaurants.  Westgate will be the most recent – and perhaps the last – new construction community in the Glen.

173 homes are planned for this E.R. James Partners project.  As I’ve written in previous blogs, 34 will be single family homes and 139 will be row homes and townhomes.  I’ve recently learned more about the homes to be offered, particularly the sizes.  The single family home models, all with first floor master bedrooms, will range between 1,885 sq ft and 2,464 sq ft; and the architectural designs will be offered in New England shingle, French Country, and Old English.  The attached housing models will range between 2,037 sq ft and 2,980 (a mix of first and second level master bedrooms),and their architectural styles will be offered in New England shingle, Classic Revival, Old English, Craftsman, and Federal.  All homes will have three bedrooms and two-car attached garages.

Prices have not been announced.  There is some speculation (only speculation at this point) that the builder will attempt to price the homes roughly in between those in the Regency and Tower Crossing developments in The Glen.  Timeframes for construction and sales have not been announced.  E. R. James Partners has a sterling reputation for quality, as evidenced by its very upscale Glen development called Southgate on The Glen.  I believe the Westgate development will be very popular.

Margaret Ludemann, resident of The Glen and Tower Crossing Realtor  margaret.ludemann@gmail.com, (847) 401-1802

Coming…Westgate at the Glen

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In May I wrote a blog about a new housing development on the drawing boards for The Glen.  The Glen is the premier lifestyle community on the North Shore in Glenview, Illinois.  The Glen offers several residential neighborhoods and is anchored by Glen Town Center which has numerous restaurants, shops, a book store, coffee shop, and a movie theater.

The proposed development is close to final approval (I am keeping my fingers crossed), so I thought this would be a good time to provide an update.  The development, by Edward R. James Partners, LLC, will be called Westgate at the Glen.  It will be located adjacent to the new Regency neighborhood of townhomes and villas just north of West Lake Avenue and west of Shermer Road.  This places it immediately across Shermer from Glenview Prairie Club Golf Course and across West Lake from The Glen Club, an 18 hole championship golf course.  It is near Southgate at the Glen which was also developed by the James team.  Westgate is convenient to Glen Town Center, Gallery Park, Attea Middle School, and the Glen’s Metra train station.

173 homes are to be constructed on approximately 29.25 acres of land.  71 row homes, 68 Mews townhomes, and 34 single family homes are planned.  The single family homes and row homes will be configured with first floor master bedrooms; they will have two stories.  The townhomes will have three stories with all bedrooms on the top floor.  The row homes facing Shermer will have golf course views.

The development will be built in two phases.  Each phase will include a mix of row homes and townhomes.  The entire development will have common areas; and it is intended to provide “nearly maintenance-free” living.

Final approval is expected in the late first quarter or early second quarter of 2014, and infrastructure development will begin sometime within 12 months thereafter.

If you may have interest in living in The Glen, please contact me at margaretludemann@gmail.com or 847-401-1802.

Margaret Ludemann, resident of The Glen and @properties Realtor

 

 

 

Tower Crossing sales and prices higher than in 2012

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On the site of the former Naval air base in Glenview, Illinois sits a residential and retail development called The Glen which has become the premier lifestyle community on the Chicago area’s North Shore.  There are several neighborhoods in The Glen including Chapel Crossing, Landings, Southgate, Tower Crossing, Cambridge, Regency, Glen Shore and Patriot Commons.  In this blog I will discuss home sales and prices in Tower Crossing.

Tower Crossing is a townhome development with 154 beautiful brick homes ranging in size from 3031 sq ft to 4005 sq ft.  Tower Crossing has 6 models, (Astoria, Biltmore, Blackstone, Drake, Omni, and Valencia).

18 Tower Crossing homes have sold so far in 2013.  This exceeds the total number of sales (11) in all of 2012!!!  The following shows the number of sales and prices in 2013 by model:

Astoria:  5 Astorias have sold this year, however 1 was not listed.  The average price of the remaining 4 Astorias sold in 2013 is $669,975.

Biltmore:  0 homes have sold this year.

Blackstone:  6 sales at an average price of $712,000.

Drake:  3 sales at an average price of $687,500.  2 of these homes have elevators which positively impacted the prices paid.

Omni:  3 sales, however 1 was bank owned (it sold for $575,000).  The remaining 2 properties sold for an average of $706,000.  ($705,000 and $707,000.)

Valencia:  1 sale at $615,000.

If you are interested in Tower Crossing or any home in the other Glen neighborhoods, please contact me at 847-401-1802 or by email margaretLudemannl@gmail.com

Margaret Ludemann, Glen Resident & @properties Realtor

New Census Data for The Glen

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A census is done each year in The Glen (by Ehlers & Associates), and the information is always very interesting to those of us who live here and to prospective home buyers.  The Glen is a luxury home and retail development in Glenview, Illinois in the Chicago area’s North Shore.  Some time ago I wrote a blog with the results of 2012’s census.  Below I will summarize some of 2013’s study;  and I will offer more of its information in future blogs.

There are 13 development areas in The Glen, 9 of which are composed of private residences.  The additional 4 areas include 3 senior housing developments and 1 composed of Navy housing.

For the 9 private home development areas, the following shows the number of homes and the number of residents in each (in alphabetical order), broken down by adults and children.  Particularly interesting is the percentage of children in each development.

Aloft Apartments:  181 homes,  199 residents,  188 adults,  11 children,  percentage of children 6%

Cambridge:  244 homes,  698 residents,  478 adults,  220 children,  percentage of children 32%

Chapel Crossing:  167 homes,  676 residents,  378 adults,  298 children,  percentage of children 44%

Glen Shore:  31 homes,  52 residents,  48 adults,  4 children,  percentage of children 8%

Landings (formerly Concord):  143 homes,  588 residents,  322 adults,  266 children,  percentage of children 45%

Patriot Commons:  68 homes,  144 residents,  122 adults, 22 children,  percentage of children 15%

Regency:  62 homes, 153 residents,  124 adults,  29 children,  percentage of children 19%

Southgate:  299 homes,  1,024 residents,  612 adults,  412 children,  percentage of children 40%

Tower Crossing:  154 homes,  378 residents,  299 adults,  79 children,  percentage of children 21%

TOTAL:  1,349 homes,  3,912 residents,  2,571 adults,  1,341 children,  percentage of children 34%

Not surprisingly, the areas with the most single family homes have the largest percentage of children, those would be Landings (formerly called Concord), Chapel Crossing, and Southgate.  Tower Crossing, Patriot Commons, Cambridge, Regency, Aloft, and Glen Shore offer attached housing units such as townhomes, row homes, villas, two-flats, duplexes,  condos or apartments.  Southgate, Regency and Cambridge have single family AND attached homes.

If you may be interested in living in The Glen, please contact me at 847-401-1802 or by email at margaretludemann@gmail.com.  I have lived in The Glen for 10 years, and I know each development intimately.

Margaret Ludemann, Resident of The Glen and @properties Realtor

Tower Crossing Prices up 5.3%, Sales Too

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The Glen is the premier lifestyle community on the North Shore of the Chicago metropolitan area, located in Glenview, Illinois.  It is composed of several neighborhoods one of which is called Tower Crossing.

Tower Crossing is a townhome development with 154 stunning homes, built between 7 and 10 years ago.  It borders Glen Town Center (The Glen’s “main street” which offers restaurants, shopping, a theater, and much more) on three sides.  The 4th side of Tower Crossing borders The Glen Club’s Championship 18 hole golf course designed by Tom Fazio.

There are 6 models of Tower Crossing homes (Astoria, Biltmore, Blackstone, Drake, Omni, and Valencia), and they vary in size between 3031 sq ft and 4105 sq ft.  The current price range is between roughly $600,000 and $800,000.  I am one of the fortunate owners of a Tower Crossing home, an Astoria End Unit model.

As the #1 Realtor* in Tower Crossing, I track home sales and prices constantly.  2013 is turning out to be a banner year for the development.  Sales have increased dramatically in 2013.  So far 17 homes have sold vs. 11 in all of 2012, 13 in 2011, 6 in 2010, and 7 in 2009.  There is also one Tower Crossing home under contract waiting to close; and 2 homes are for sale.

Prices are up 5.3% in the first 8 months of 2013.  On average Tower Crossing homes sell for $196.77 p/sq ft.  In 2012, non-distressed Tower Crossing homes sold for $186.88.  (2011 = $188.86;  2010 = $189.50;  2009 = $179).  As you can see, prices were flat for the 3 years immediately prior to 2013 after dropping considerably when the real estate market collapsed.

If you are interested in Tower Crossing or any home in the other Glen neighborhoods (Cambridge, Chapel Crossing, Glen Shore, Landings, Patriot Commons, Regency (row homes, new construction), and Southgate), please contact me at 847-401-1802 or by email margaretLudemannl@gmail.com

Margaret Ludemann, Glen Resident & @properties Realtor

*  Margaret sold or rented more Tower Crossing homes in 2012 than any other Realtor.