New construction in Wilmette's Kenilworth Gardens

The second I saw the newly-listed new construction home at 2240 Thornwood Ave in Wilmette's Kenilworth Gardens I thought – "this won't last."

And it hasn't. The 5-bedroom (all above grade), 5 ½ bath home with a finished lower level is under contract almost immediately after going on the market at a list price of $989,900.

My second thought was that this was an address where we'd recently featured a 3-bedroom, 2 ½ bath home renting for $3,300 a month. The owner apparently opted for a teardown.

Kenilworth Gardens has long been a popular destination for young families, but there's been little new construction in the area, few homes available with 5 bedrooms, and almost none with this home's array of features at an under $1M price.

The market overall remains a buyer's market, but for the right offering it's a seller's market.

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