Your Ultimate Guide to Real Estate on Chicago's North Shore

Archive for the 'Real estate' Category

Anne West Earns International Designation for Luxury Home Marketing Expertise

Certified Luxury Home Marketing Specialist logoAnne West

We are proud to announce that our very own Anne West, co-founder of Coldwell Banker’s Come Home North Shore Team, has earned the prestigious Certified Luxury Home Marketing Specialist® designation in recognition of her experience, knowledge and expertise in the luxury home market.  “Anne West is an example of a real estate professional who has worked to develop market knowledge and the special skills and competencies necessary to provide exceptional service in the fine homes and estates marketplace,” said Institute President Laurie Moore-Moore, upon announcing West’s designation.  “Affluent buyers and sellers can turn to sales professionals who have this designation and be confident that they have special expertise and experience in the luxury home marketplace.”

“I am committed to providing outstanding service to my clients,” said West. “The Certified Luxury Home Marketing Specialist® designation is evidence of my ability to meet the needs of affluent buyers and sellers.  My membership in The Institute for Luxury Home Marketing also provides me with marketing tools and networking capabilities that benefit my clients.”

Another job well done, Anne! For current information on the upper bracket market on Chicago’s North Shore, contact West at Coldwell Banker’s Winnetka office (847.881.6657) or e-mail Anne.West@cbexchange.com

Come Home North Shore is one of the top real estate teams on the North Shore. We are experts at marketing, negotiation and correctly pricing homes to sell and are experienced in the sale and purchase of new construction, lakefront and luxury homes. If you are thinking of buying or selling in the following communities: Wilmette, Winnetka, Glencoe, Evanston, Highland Park, Kenilworth, Lake Forest, Northfield or Glenview, give us a call.

Tags: , , ,

Best Gourmet/Specialty Food Markets on the North Shore

gourmet food 2

Still putting your holiday menus together? Whether you need full on inspiration, assistance with some finishing touches or just want to stock your fridge, the North Shore has some great specialty food spots that just might make your holiday a whole lot merrier!

Poeta’s Italian Food Market
520 Green Bay Road, Highwood, 847-432-3037

A true neighborhood gem. They are known for their fine meats, Italian specialties, homemade pastas, fresh bread and their famous Homemade Italian Sausage and Beef. Their deboned marinated chicken also gets big raves and if you are running short on time, they have a great selection of prepared frozen meals and pizza dough that are mother-in-law full proof.

Zier’s Prime Meat & Poultry
813 Ridge Road, Wilmette, 847-251-4000

Zier’s Prime Meats is an “old-fashioned family butcher shop in a modern time” specializing in the finest Midwestern raised prime beef, fresh poultry, naturally raised pork, veal, and lamb. They have their own smokehouse onsite and offer many varieties of homemade smoked sausages and meats; even smoked salmon. They also offer an extensive line of wild game and American Wagyu KOBE beef; as well as unusual and hard to find gourmet sauces, soups, and spices.

Artisanal
414 Linden Ave., Wilmette, 847-512-3155

Artisanal is another modern-day version of a family-owned neighborhood grocery, offering a wide array of locally sourced, organic and specialty foods. From high quality meats and charcuterie, to fresh cheese, dairy and produce to a tempting selection of grocery items including jams, condiments and cereals; they’ve got it all. And, we didn’t even mention their in-house sushi chef and “The Happy Room” (fun and exciting libations)!

Harrison’s Poultry Farm
1201 Waukegan Rd., Glenview, 847-724-0139

This poultry farm has been proudly serving the finest all-natural poultry to the people and restaurants of Chicago’s North Shore since 1893. In addition to a full range of fresh poultry (chicken, turkey, duck, goose, quail, hen, chicken sausage etc.), the store is filled with great products from local honey and all natural eggs, to an excellent selection of sauces and spices as well as pre-made poultry dishes and sides.

Reagan Meats
1855 Waukegan Rd., Glenview, 847-724-0243

Reagan Meats serves up some of the finest prime and organic meats and produce on the North Shore of Chicago. They process all of their own beef, pork, lamb, veal, and chicken and welcome special requests. They’ll even special order sausages made according to your own family recipes. In addition, they sell a variety of marinades and homemade frozen entrees for when you are in a pinch!

Corner Cooks
507 Chestnut St., Winnetka, 847-441-0134

While there may be some changes going on at the restaurant, Corner Cooks is still providing a wonderful Holiday-to-Go menu that can fulfill all of your holiday needs. Featuring a wide variety of appetizers, soup, salads, entrees, sides and of course, dessert, there is something for everyone on the menu. Please note: orders must be placed by Dec. 19 and picked up on Dec. 24 from 11-1:30.

Foodstuffs
2106 Central Street, Evanston, 847-328-7704
338 Park Avenue, Glencoe, 847-835-5101
1456 Waukegan Road, Glenview, 847-832-9999
225 E. Westminster Avenue, Lake Forest, 847-234-6600

With four locations throughout the North Shore, Foodstuffs has been providing quality gourmet food to Chicagoland shoppers for more than 30 years. Modeled after the European Market concept , they offer a full menu of items including homemade appetizers, soups, entrees, salads, sauces, breads and pastries as well as pates and cheeses, fresh seafood, quality meats, build your own salads and sandwiches and unique shelf products. Visit their website for special holiday menus and ordering deadlines.

If we omitted one of your favorites, or there is a certain topic you would like to see covered, please leave us a comment! Additionally, we are happy to point out any of these locations as part of our Tour of the Shore, a must do for anyone considering a move to the North Shore. It’s a stress free way to familiarize yourself with the communities, schools, house values and amenities in the area. Call us at 847.881.6657 to find out more.

Tags: , , , , ,

Top Ten Luxury Home Sales On Chicago’s North Shore In 2014

North Shore Chicago’s top ten luxury home sales of 2014 ranged in price from $4,250,000 to $7,000,000, with a median price of $5,625,000. That’s up 13% from last year but still 6.5% below the 2006 peak median price of $6,020,000.

Three of the top ten this year were in Lake Forest, three in Winnetka, two in Glencoe and one each in Kenilworth and Wilmette. Five of them were lakefront homes. Two were new construction. The oldest home was built in 1897. Property taxes range from $54,000 to $105,000 per year.

Looking for luxury property? You can search currently listed upper bracket homes here.

# 10. 561 Circle Lane, Lake Forest – $4,250,000

561 Circle Lane kitchen

This new construction home by Heritage Luxury Builders sits on one and a half wooded acres with a deeded walking path to an exclusive beach. With sixteen rooms, seven bedrooms, seven full baths, three half baths and six fireplaces, this home has all the bells and whistles, including gourmet kitchen, media room, wine room and a sport court with a seventeen foot ceiling.

# 9. 1160 Michigan Avenue, Wilmette – $4,800,000

1160 Michigan Ave, Wilmette, IL

This wonderful mid-century modern house sits on beachfront property that is truly beachfront, not high on a bluff like most other North Shore lakefront properties. It only has three bedrooms but comes with plans for the addition of two bedrooms on the second floor.

# 8. 443 Sheridan Road, Glencoe – $4,807,500

443 Sheridan Rd, Glencoe

The magnificent Pabst Manor must have seen some amazing parties in its heyday (and probably still does). Built in 1936, the Georgian mansion has recently been completely renovated and redecorated. Situated on over two private acres bordering a ravine, it has lush landscaping, a pool and an outdoor sports court. Inside are eight bedrooms, a walnut-paneled library, four fireplaces and a commercial grade kitchen.mansions

# 7. 115 Meadow Lane, Winnetka – $5,200,000

115 Meadow Lane, Winnetka, IL
Another proposed new construction from Heritage Builders, this home will feature 14,000 feet of living space on 1.25 acre. A total of fourteen rooms will include six bedrooms, 6.3 baths, library, porch, exercise room, media room and sport court.

# 6. 20 Fox Lane, Winnetka – $5,500,000

20 Fox Lane, Winnetka, IL

This stately home, built in 1936 was designed by Stanley Anderson and is located on 1.6 acres on a private lane. Over the years it has been tastefully expanded and extensively updated. It has fifteen large rooms, including seven bedrooms, gourmet kitchen opening to a spectacular family room and library. It also has an outdoor pool, six fireplaces and garage for five cars.

# 5. 80 N. Green Bay Road, Lake Forest – $5,750,000

80 N. Green Bay Rd, Lake Forest IL

My personal favorite, this stone home at the end of a tree-lined private drive feels like an French manor house. It has been updated to provide all the modern amenities while preserving its historic character and charm. It sits on three acres adjacent to the Onwentsia Club and comes with a pool and coachhouse.

# 4. 255 N. Mayflower Road, Lake Forest – $6,100,000

Lake Forest IL Luxury home

This home was designed by noted architect Howard Van Doren Shaw and built in 1897. With over five acres of lushly landscaped property and historic gardens, it’s a gardener’s paradise. Recently restored and updated, the has plenty of room for out of town guests: seven bedrooms and seven full baths. It also has an awesome wine cave and five-car garage, as well as a wide veranda for enjoying views of Lake Michigan.

# 3. 619 Sheridan Road, Winnetka – $6,100,000

Winnetka IL luxury home
This shingle lakefront home was built in 2002. Not as large as some of the other estates, it has thirteen rooms, four bedrooms and four full baths, as well as three half-baths and sits on .7 acre perched on the bluff. You can enjoy panoramic views of Lake Michigan from the patio, gazebo, screened porch or from an Adirondack chair on the lawn.

# 2. 439 Sheridan Road, Kenilworth – $6,200,000

Luxury home in Kenilworth IL439-Sheridan-Beach

With lake views from all the principle rooms and a private beach, living here is like being on vacation. But it’s a short walk to schools and train and just a 25 minute commute to downtown Chicago. On almost an acre, the house , which was built in 1958, has been exquisitely updated for maximum comfort and elegance.

#1. 45 Lakewood Drive, Glencoe – $7,000,000

Highest prced luxury home -45 Lakewood-Glencoe

This year’s most expensive home fetched $7,000,000 after only one day on the market! Built in 1998 on a little over an acre, it has a over 11,000 square feet of living space, with sixteen rooms and six full baths, plus garage space for four cars. It has its own expansive beach and breathtaking lake views from most of the rooms as well as a multi-tiered patio. Recent renovations include a new kitchen and lower level with exercise room, theatre and golf simulator.

Related articles:

If you’d like to see what upper bracket homes are currently available on the North Shore, you can search here. Or give us a call at 847-881-6657 and let us know what you’re looking for. Often we know of homes for sale that are not listed on the MLS. If it’s out there we’ll find it for you!

North Shore Views is the most comprehensive online source for North Shore Chicago real estate and community information. Whether you are looking for market statistics, homes for sale or local events, North Shore Views has it all at your fingertips. Browse information regarding our communities, market data, luxury homes, lakefront property, schools and what you should know about making the move to the North Shore.

Tags: , , , ,

North Shore Chicago Real Estate Report – November 2014

North Shore Chicago Real Estate Report – November 2014

North Shore Chicago Market Data - November 2014
The North Shore real estate market has been quiet this fall, and, while market fundamentals are sound, we can say that the recovery is taking a breather. A decline in home buyer activity has driven an 8% decrease in home sales in November and a 9% decrease in the median price to %567,000. Market time, which has been steadily declining over the past year and a half, has leveled off at just over three months in November.

Housing supply is up 13% over November of last year and the months supply of inventory is up 29% to 6.7 months (meaning it would take 6.7 months for all the houses on the market to sell given the current rate of sale). Selling price as a percent of list price, which had increased to almost 97% earlier in the year, has settled back down to 95%. We are seeing more price reductions than we did during earlier in the year, and buyers are enjoying more negotiating leverage now than they did during the spring bidding wars.

North Shore Views is the official website of the Come Home North Shore Team and the most comprehensive online source for North Shore Chicago real estate and community information. Whether you are looking for market statistics, homes for sale or local events, North Shore Views has it all at your fingertips. Browse information regarding our communities, market data, luxury homes, lakefront property, schools and what you should know about making the move to the North Shore.

Tags: , ,

Why The First Offer On Your Home Is Often The Best Offer

yard_sign_desperate_sellerThere is a truism in real estate that the first offer you receive on your home is the best one you will get. And while that’s not true 100% of the time, our experience is that it IS true in about 85% of cases.

When a North Shore homeowner receives the first offer on their home and it isn’t close to their asking price, they tend to balk. Reluctant to even negotiate, their inclination is to hold out for another, higher offer.

While this is understandable, in most cases we encourage our clients to take a deep breath and try to work with the offer, reminding them that it’s not where you start in a negotiation but where you finish that counts. We have seen a lot of cases where the initial offer was low but ultimately got close to what was acceptable to the seller. There is absolutely no downside to countering an offer, even if it’s a small reduction. That signals to the buyer that you are willing to negotiate but are not willing to give away the farm. And the buyer’s response to your counter will give you a good sense of where things are headed.

But back to the reason that the first offer is often the best one.

Today more than 90% of all home buyers start their home search online. They supplement their online search with visits to Sunday open houses. By the time they are ready to make an offer on a house, they are well-educated about the market. They have looked at everything in their price range, comparing features and amenities and have a good sense of value. When a new house comes on the market, they can immediately assess how it compares to what they’ve seen and whether it’s worth the price. Their offer will reflect their perception of the home’s value vs. competing listings.

If they have lost a house (or houses) in a bidding war, they will move quickly and with a strong offer.

But once a house has been on the market for  few weeks, most of the showings you get will be from buyers who are in the early stages of their search. They are still doing research on the market and not yet ready to buy.

The longer the house is on the market the less sense of urgency buyers have. They think, “Well, no one has bought this house, so it must not be worth what the seller is asking.” or they think,  “Maybe there’s something wrong with it.” or even “Maybe I can get this house at a steal.” And that’s when the low-ball offers start to come in.

The more time that passes, the more likely you will end up accepting an offer that is lower than the initial offer you got.

My advice is to take the first offer you get seriously. Don’t be insulted by it. Try to work with it. You may be able to get the buyer to come close to a price that is acceptable to you, especially if you can compromise on other terms like the closing date. Don’t walk away from the deal until you have fully negotiated it. When you reach the buyer’s bottom line, you can decide if it’s acceptable or not. No one can force you to take it.

We are North Shore real estate specialists and one of the top teams in the area. If you would like to schedule a buyer or seller consultation with the Come Home North Shore team, please call 847-881-6657 or send us a note here.

Tags: , , ,

North Shore Real Estate Report – October 2014

North Shore Real Estate Report – October 2014 vs. Year Ago

Real estate data for nine North Shore communities

North Shore home sales were down 2% in October vs. year ago. Results were a mixed bag across towns, with Glenview, Glencoe, Evanston and Lake Forest showing growth, while Wilmette, Winnetka and Highland Park had negative trends.

On the plus side, median prices for the month were 13% higher than October of last year, with the biggest gains in Glenview (+35%), followed by Wilmette (+27%) and Highland Park (+22%).

Market time was about even with last year but Wilmette and Glenview days on market continued to decline to just over two months on average.

While inventories were very tight during spring and early summer, they have been steadily increasing, and in the $1,000,000+ range there is actually a glut of listings in the majority of towns. In Wilmette, Winnetka and Glenview the oversupply of listed homes starts at $1,500,000.

North Shore Views is the official website of the Come Home North Shore Team and the most comprehensive online source for North Shore Chicago real estate and community information. Whether you are looking for market statistics, homes for sale or local events, North Shore Views has it all at your fingertips. Browse information regarding our communities, market data, luxury homes, lakefront property, schools and what you should know about making the move to the North Shore.

Tags: , , ,

Congratulations to Anne West

Five Star logoWe are proud to announce that our very own Anne West, co-founder of Coldwell Banker’s Come Home North Shore Team, was once again chosen by Five Star Professional as one of the Chicago area’s Five Star Real Estate Agents for 2014. Less than 7% of Chicago-area real estate agents are selected for this special award which honors exceptional service to clients. Anne was featured, along with other award winners, in a special section of the October issue of Chicago Magazine which partnered with Five Star Professional in in the selection process.

Anne WestThe Five Star Real Estate Agent award program is the largest and most widely published real estate agent award program in North America. Agents are measured using an objective, in-depth research methodology with significant focus on customer feedback and overall satisfaction. Five Star Professionals research is extensive, with more than 10 million consumers, peers and other stakeholders contacted each year.

This is the fourth year in a row that Anne has been selected, proving once again that you are in great hands with Anne and the entire Come Home North Shore team! Join us as we congratulate Anne on a job well done!

Come Home North Shore is one of the top real estate teams on the North Shore. We are experts at marketing, negotiation and correctly pricing homes to sell and are experienced in the sale and purchase of new construction, lakefront and luxury homes. If you are thinking of buying or selling in the following communities: Wilmette, Winnetka, Glencoe, Evanston, Highland Park, Kenilworth, Lake Forest, Northfield or Glenview, give us a call at 847-881-6657.

Tags: , , , , ,

Glencoe Housing Market Trends

Glencoe Housing Market Trends

If you read the news about the housing market, you’re likely to end up more confused than well-informed about what is really going on.  Is the market getting better or not? Have prices recovered or not?  You can read five articles on the same day which draw diametrically opposing conclusions. How can that be?

One explanation is that real estate really is local, and anything in the press about national housing market trends is not likely to reflect what is happening in your state, much less the community where you live. And that’s all you really care about, isn’t it?

So, if you live in Glencoe, here’s a graph showing the trends that matter to you. It tracks homes sold, median selling price, average selling price and market time for single family homes in Glencoe IL from 2007 to 2014 (all data is for the period January- September).

What it shows is that, after the housing bust, home sales declined their lowest point in 2009, and then turned around, increasing at an average rate of 20% through 2013. In 2014 sales stopped increasing (at least temporarily) and are actually down 20% for the first nine months vs. the same period of the previous year.

Market time reached its highest point in 2009 and declined steadily through 2013. It’s up 6% to 123 days or four months in 2014. But this is still below the six months we see in a “normal” market.

Prices took longer to bottom out, hitting a low point in 2011 when the median price declined to $846,000 (37% below the 2007 high).  It wasn’t until 2013 that prices started improving. For the first nine months of 2014 the median price of $1,244,005 is up 21% from 2011 and the average price is up 17%. Of course, that number doesn’t even include the most expensive sale EVER in Glencoe (and maybe even the entire Chicago area), a $19,500,000 private sale (outside the MLS) of a four acre lakefront property.

We are Glencoe real estate specialists and one of the top teams in the area. If you would like to schedule a buyer or seller consultation with the Come Home North Shore team, please call 847-881-6657 or send us a note here.

North Shore Views is the most comprehensive online source for North Shore Chicago real estate and community information. Whether you are looking for market statistics, homes for sale or local events, North Shore Views has it all at your fingertips. Browse information regarding our communities, market data, luxury homes, lakefront property, schools and what you should know about making the move to the North Shore.

Tags: , ,

Fun Things To Do on the North Shore – Oct. 24 – 26, 2014

Make sure you get plenty of rest this week because the weekend is jammed pack with Halloween haunts for kids and adults, plus a whole lot more. We’ve expanded this week’s list to include as many events as you could handle!

Halloween on North ShoreBoo Bash
Oct. 24, 6 pm – 7:30
Northfield Community Center, 401 Wagner, Road, Northfield
This favorite Halloween event returns for the younger set. Children 3-8 will enjoy free carnival games, balloon artists, craft, treat bags and cookie decorating. There will also be a special train ride around Willow Park. For more information, click here.

Halloween Happening
Oct. 24, 6-9 pm
Community Recreation Center, 1200 Wilmette Avenue, Wilmette
Filled with chills and thrills, this family-friendly event features carnival games, magician, fortune teller, moonwalk, arts and crafts, face painting, mad scientist’s lab and pony rides. Don’t miss the Theater of Terror and the Traveling World of Reptiles! Pizza dinner is included, along with a goodie bag and a visit to the Pumpkin Patch. Wristbands will be issued and will be required to participate in all activities. $15 resident/$20 non-resident. Sign up early here.

Read the rest of this entry »

Tags: , , , ,

Affordable 4 Bedroom Home For Sale In Wilmette

339 Lamon Ave., Wilmette

339 Lamon Avenue, Wilmette , IL 60091

This adorable and affordable 4-bedroom split level home at 339 Lamon Avenue in Wilmette is coming on the market tomorrow. It’s on a quiet cul-de-sac in the Romona School District and convenient to shopping, the expressway and the Wilmette Community Rec Center.

On the main level is a living room, dining room and updated kitchen. Upstairs are three bedrooms and an updated bath. On the lower level is a wonderful family room along with a fourth bedroom, a full bath and laundry room.

Out back is a large and private yard, patio and an oversized two-car garage with workshop.

The home is offered at $459,000. If you are looking to get into District 39 schools and/or New Trier, this might be a great option for you.

If you would like to schedule a private showing give us a call at 847-881-6657. We’d be happy to show it to you. Or come to our open house on Sunday, October 26 from 2:00-4:00 pm.

339 Lamon living room339 Lamon dining room

 

 

 

 

 

 

 

339 Lamon kitchen339 Lamon master bedroom

 

 

 

 

 

 

 

You can get more information about 339 Lamon Avenue and see more photos here. You can search all the homes for sale in Wilmette here.

We are North Shore real estate specialists and one of the top teams in the area. If you would like to schedule a buyer or seller consultation with the Come Home North Shore team, please call 847-881-6657 or send us a note here.

Tags: , , ,