Archive for August 2010

The deal of the week in Winnetka?

Every listing can be viewed” as a “glass half full / glass half empty” exercise. Take 862 Foxdale in Winnetka as an example and draw up your own “glass half empty” list while I focus on the “glass half full.” Four bedrooms, 2 ½ baths, 3,000 square feet of living space, an oversized lot, a... Read more »

Supply of North Shore rental homes plummets

All through the summer we’ve been hearing about a strong rental market for homes and condos on Chicago’s North Shore. During most of that time the available supply was growing. The number of rental listings in the MLS grew 25% between the end of June, when 301 properties were listed, and the beginning of August,... Read more »

A $30K a month lakefront rental in Glencoe

Thirty thousand dollars a month might not get you much in Manhattan, but it buys a lot of living in Glencoe. The 9-bedroom home at 77 Wentworth Ave in Glencoe has 5 full and 2 half baths, a 3-car garage, an in-ground pool and a lakefront location with boat storage. It’s questionably described as a... Read more »

A very patient seller in Northfield

When the 6-bedroom, 4 ½ bath Georgian at 775 Sunset Ridge in Northfield first came on the market, in June of 2009, it was priced at $1,950,000. Nearly fifteen months later it remains unsold – and the list price hasn’t changed. Several months back we toured this handsome one-owner home with the original owners. You... Read more »

Market snapshot: What it takes to rent in Glencoe

Do you want to live in Glencoe, but would prefer to rent your home rather than buy it? As of this afternoon, there are 19 homes in Glencoe listed for rent on the MLS. The three listed below represent the top, median, and bottom price points for those homes in this North Shore village. High:... Read more »

The Winthrop Club and the future of green building in Evanston

Last fall I had the pleasure of meeting Winthrop Properties principals Bob Horner and Ibrahim Shihadeh and FitzGerald Associates Architects principal Michael DeRouin during a tour of their newly completed high-rise, The Winthrop Club. At the outset of our tour (seen above), the trio talked about the challenges of putting together a high-rise condo project... Read more »

Historic Noble Judah estate in Lake Forest for sale

What remains of the historic Noble Judah estate in Lake Forest is for sale at $5,900,000. The 13,000 square foot, 25-room French Provincial home, on a 3.14 acre remnant of the original parcel, includes 6 bedrooms, 9 full baths, 8 fireplaces, a grass tennis court, an indoor pool – for starters. The spectacular formal gardens... Read more »

Where are taxes headed on that North Shore home?

Parts of Cook County have the taxable valuation of their homes reassessed every three years (PDF). Last month the Cook County Assessor’s office began mailing homeowners in Northern Cook County their “Notice of Proposed Assessed Valuation” that will affect 2010 taxes payable in 2011. Actual tax bills won’t be known until the various taxing bodies... Read more »

Lower-priced homes languishing in Winnetka

Go back a few years and single-family homes in Winnetka priced under $500K were the stuff of fantasy – or ripe for teardown. The market has changed and there’s been a modest supply of single-families in that price range, but a number of them are languishing on the market for long periods of time. Despite... Read more »

Winnetka real estate market update

Local correspondent Anne Brahin checked in today with a brief update on the Winnetka real estate market. Some highlights : At the end of July there was a 14-month supply of homes available in Winnetka, up 16.7 percent from the previous July. Six percent of available homes went under contract in July. Two-thirds of the... Read more »