Archive for February 2011

Evanston home sells after a storm of interest

Whatever the general market conditions might be, well-priced, well-located homes still generate a major flurry of buyer interest and go under contract quickly – even in the midst of a historic snowstorm. Coldwell Banker’s Alan May listed 2752 Central Park Ave, just half a block from Willard Elementary School, on a Sunday. On Tuesday, May... Read more »

New home in Wilmette lingers nearly 5 years

Yesterday’s “new listings” surfaced 2411 Thornwood Ave in Wilmette, a 5-bedroom, 5 ½ bath, 4,300 square foot home. It’s around the corner from the sought-after Harper School, and across the street from Thornwood Park (video), where I shot this video on Wilmette’s social divide. It’s listed for sale for $1,649,000. I first visited this home,... Read more »

Wilmette saw 3 of top 10 highest-priced 2010 North Shore home sales

North Shore Views just reported the 10 highest-priced sales on the North Shore during 2010. Three of them, surprisingly, were in Wilmette. Not a single one of the 40 highest-priced properties currently on the market in the North Shore suburbs is in Wilmette, which is one of the factors that make the 2010 results unexpected.... Read more »

Glencoe single-family market goes to auction

A bank-owned 3-bedroom, 3-bath at 545 Greenwood Ave in Glencoe will be auctioned off, with a minimum bid price of $422,000. The home, on a 60 x 150 foot lot, is described as a “Colonial ranch,” a phrase I’ve rarely encountered. You can see more details on the auction at the Web site of Rick... Read more »

Fort Sheridan - the higher end of Highwood homes

Most Chicagoans know the tiny Village of Highwood for its restaurants and its modest workers’ cottages. It’s been little more than a decade since Highwood began going upscale with the annexation of a part of Fort Sheridan when it was decommissioned by the military. New homes were built, existing buildings were converted to condos, and... Read more »

North Shore rental inventory stable but tight

We’ve been tracking the number of homes and condos listed for rent in the local MLS in each of 11 North Shore ZIP codes since May of last year. The inventory of homes and condos listed for rent peaked at 377 at the beginning of last August, declined sharply by the end of the month,... Read more »

Winnetkans to pay more for Village services

The average Winnetka home will see the cost of municipal services increase by 2.1%, or $125. The increase consists of a 1.4% ($37) rise in property taxes, an 8% ($53) increase in water charges, and a 1.5% ($35) increase in electricity costs. And, yes, you read that last item right: Winnetka residents buy their electricity... Read more »

North Shore open house season in full swing

The Super Bowl (remember that?) is past, and a full selection of homes are open for viewing in Chicago’s North Shore suburbs this Sunday. My weekend open house pick is a 5-bedroom, 4 ½ bath 10-year old home at 607 Lake, pictured above. The home will be open from 1 to 3, and is priced... Read more »

Wilmette schools seek tax hike

Wilmette School District 39, which serves most of the Village of Wilmette, is proposing a property tax increase that would amount to about $58.80 per $1,000 of real estate taxes paid for homes in the district. The proposal will be on the ballot at the April 5 elections. The reasons for the proposed increase are... Read more »

Just where were those 30 $1M home sales?

Many of the numbers he talks about these days aren’t very pretty, particularly when it comes to Moorehead’s sweet spot: upper-bracket homes. According to the realty board, only 30 homes sold for $1 million or more in 2010, one fewer than in 2009. And those 30 homes were the fewest number of million-dollar homes sold... Read more »