Real estate news & trends

News from around the Web - 6/19

U.S. Home Construction Rose in May

Home Builders Slow New Construction, Raise Prices

Metro Chicago condo sales surged in May, highest since 2006

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North suburbsNorthbrook

Brook Furniture Rental at The Seasons at Glenview Place

Seasons at Glenview Place

The Seasons at Glenview Place in Northbrook offers independent living and personalized assisted living options for seniors. With beautifully landscaped courtyards and scenic walking paths, The Seasons at Glenview Place offers residents an ideal home in a quaint yet convenient neighborhood setting. Just minutes from Interstate 294 in Northbrook, the community’s extensive transportation services make ...

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Posted by sponsored post on December 21, 2012
North suburbsGlenview

A stately, all-stone home in Glenview

Missy Jerfita

Koenig & Strey associate Missy Jerfita takes us on a video tour of a stately all-stone 5,000+ square foot home at 3737 Lawson Road in Glenview. Meticulous craftsmanship and extraordinary finishes carry throughout this gorgeous home that features a chef’s kitchen and fully-finished lower level. The home has 6 bedrooms, 5 ½ baths and is ...

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Posted by sponsored post on December 7, 2012
North suburbsNorthbrook

Another “Northshore” project proposed for Northbrook site

Skokie & Dundee, Northbrook

When we first took note of the northwest corner of Skokie Blvd and Dundee Rd in Northbrook, more than six years ago, it was slated to host “The Residences of The Center of the Northshore” (sic). The deal appeared so shaky that I cautioned in a comment: “Let’s not hold our breath on this one, ...

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Posted by Joe Zekas on November 27, 2012
North suburbsGlenview

A video tour of The Glen in Glenview

The Glen video Glenview

The Glen in Glenview has been one of the most successful mixed-use master-planned communities in the nation. It has been developed over more than a decade on the 1,100-acre site of the former Naval Air Station, which closed in 1995. The Glen includes a wide variety of housing types and styles, including loft apartments, condos, ...

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Posted by Joe Zekas on October 3, 2012
North suburbsGlenview

Tour a neighborhood colonial near downtown Glenview

1957 Henley St, Glenview IL

Located near downtown Glenview in the Henley-Dewes-Linneman area, 1957 Henley St is a spacious and sunny 4 bedroom, 2 1/2 bath colonial with hardwood flooring throughout. The updated kitchen opens to a large family room with sliders leading to a beautifully landscaped back yard. Listing agent Vittoria Logli of Koenig & Strey’s Jerfita Team is ...

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Posted by sponsored post on September 22, 2012
North suburbsGlenview

Quote of the day – 57 acres on the North Shore

North Shore video

Crain’s is reporting that Hamilton Partners is acquiring the Kraft Foods office campus at the northwest corner of Waukegan and Golf Roads. The bulk of the site, Kraft’s former corporate headquarters, is located in Glenview and a part of it is in Morton Grove. “It’s rare that you have the opportunity to acquire 57 acres ...

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Posted by Joe Zekas on August 30, 2012
North suburbsGlenview

Tour a colorful designer townhome in The Glen

1819 Admiral Court, The Glen, Glenview, IL

City living in the suburbs is how Missy Jerfita of Koenig & Strey describes this luxurious 4000 square foot, 4-bedroom, 3.5-bath townhome in The Glen in Glenview. The Glen is a complete neighborhood built on the former Glenview Naval Air Station base that includes parks, a lake, various housing, recreational facilities, shops, entertainment and golf. ...

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Posted by sponsored post on May 16, 2012
North suburbsSkokie

Is buying a foreclosed Skokie condo a good gamble?

8828 Niles Center Rd Skokie IL

Crain’s Chicago Real Estate Daily recently reported on a developer who’s in foreclosure – for the second time – on the 70-unit Skokie Gardens Condominiums, 8828 Niles Center Rd in Skokie. The developer’s not alone in Chancery Court – a number of the original buyers in the development have also seen their units go through ...

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Posted by Joe Zekas on March 13, 2012
North suburbsGlenview

A price drop and a new listing in Glenview’s Solar Park

801 Glenview Rd Glenview

When we first looked in on 801 Glenview Rd in the Solar Park subdivision in Glenview, back in May, the 5-bedroom, 3-bath home on a half-acre lot was newly listed at $725,000. The home was also listed as a vacant land / teardown candidate, and at $1.45M as a new construction option. After a series ...

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Posted by Joe Zekas on December 21, 2011
North suburbsSkokie

Shoppers can’t find Old Orchard Mall?

Maggiano's Old Orchard

The Old Orchard mall and Optima Old Orchard Woods are the most visible sights along the billboard-free, well-landscaped borders of the Edens Expressway. Anyone who drives that route with any frequency will find the opening sentence of an AOL Patch report highly amusing: Westfield Co., the owners of the Old Orchard mall, have expressed concerns ...

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Posted by Joe Zekas on December 13, 2011
DealsNorth suburbsPark Ridge

Pulte offers “no payments until August 2012″ in Park Ridge

Pickwick Theatre, Park Ridge

When you parse the fine print and translate “no payments until August 2012″ into plain English what results is “if you meet certain requirements you might not have to pay principal and interest until August 2012.” No matter – the slogan is aimed at getting you in the door, not informing you. Pulte’s Gateway Estates, ...

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Posted by Joe Zekas on October 26, 2011
North suburbsPark Ridge

Park Ridge palazzo nearing 5 years on the market

1212 S Knight Park Ridge

We first called attention to the unusual interior of the 4-bedroom home at 1212 S Knight in Park Ridge nearly 5 years ago. The asking price at the time was $1,350,000. The home is still on the market, and the price has been reduced to $975,000. Prudential Rubloff’s Marta Kazmierczak has the listing.

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Posted by Joe Zekas on October 25, 2011
North suburbsPark Ridge

Spanish Town in Park Ridge? Who knew?

Trib Local is reporting on the potential landmarking of a 1920′s villa in the Spanish Town neighborhood of Park Ridge. Spanish Town? Who knew? This one may merit the real estate cliché of “the best kept secret in town.”

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Posted by Joe Zekas on June 8, 2011
North suburbsPark Ridge

On the waterfront home in Park Ridge

Park Ridge waterfront

If the above picture gives an accurate perspective on this home’s location, it is immediately on the water on Park Ridge’s private 14-acre Murphy Lake. It’s highly unusual to find a home with a boat dock this close to downtown Chicago, and even more unusual to find one with this home’s specs. The newly-listed 3-year ...

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Posted by Joe Zekas on June 5, 2011
North suburbsNorthbrook

Developers of failed Northbrook project indicted

Failed Northbrook project

When I first wrote about the Center of the Northshore project, shortly after it was announced nearly 5 years ago, I opined that “it has an air of doom about it” and scoffed at its claim to be on the North Shore. I shot the above video at the site of the failed development on ...

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Posted by Joe Zekas on June 4, 2011
North suburbsGlenview

In Glenview, a distressing tale of a non-distressed sale

There’s been a fair amount of theorizing lately about the impact of foreclosures on the overall real estate market. One meme has it that a two-tiered market has developed, with foreclosure and short-sale properties selling within a pricing band distinct from comparable non-distressed properties. Another hypothesis is that distressed sales have more impact at the ...

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Posted by Joe Zekas on May 20, 2011
North suburbsGlenview

Notable new listings in Glenview’s Keck & Keck Solar Park

Forest Crest, Glencoe

The Solar Park subdivision, a creation of architects Keck & Keck, dates to the early 1940s – a period when what we now call World War II had dramatically increased energy costs. Solar Park is on the south side of Glenview Road and is bordered on the east and south by the Harms Woods forest ...

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Posted by Joe Zekas on May 18, 2011
North suburbsNorthbrook

North suburban open house picks – a garden party event

Courts of Regent Wood, Northfield IL

Cheri Allen, who owns Wilmette-based The Village Gardener, will demonstrate container gardening at two open houses this Sunday, April 17. The townhome at 2257 Royal Ridge in Northbrook is open from 11:30 to 1:30. It features 3 bedrooms, 2 full and 2 half-baths, a 2-story great room, and carries a price tag of $589,000 after ...

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Posted by Joe Zekas on April 16, 2011
North suburbsNorthbrook

Another vintage new listing in Northbrook

The last half dozen “new” listings I’ve looked at in the northern suburbs have all been on and off the market for at least 3 years. The listing history of the home at 2745 Prince St in Northbrook, for example, dates to March 13 of 2007. A foreclosure suit was filed in July of 2010 ...

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Posted by Joe Zekas on March 15, 2011
North suburbsMorton Grove

Ninety languages spoken in Morton Grove

It’s increasingly the case that people who want to live in a culturally diverse area opt for one of Chicago’s close-in suburbs in lieu of a homogenized city neighborhood. At Niles Grove Township High School, we’re informed by AOL Patch, parents’ night presentations are simultaneously translated into six foreign languages. Ninety languages, and counting, are ...

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Posted by Joe Zekas on March 10, 2011