Winnetka, IL Real Estate News

By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(Baird & Warner Real Estate)
UPDATED 2019 A while ago, I wrote a post about old MLS listings and the terms and words that we can't say anymore. In some cases, it's illegal per the Fair Housing Act and in other cases it's unsensitive or unnecessary. For my second round at pouring through old (mostly 1960s) MLS listings, I discovered a) a way of life gone by, b) some great dog names, c) some lawsuits waiting to happen with those dogs, d) items not considered conveyable, e) just plain weird stuff.  And many that just sound nostalgic. Beware of Dogs!     . . .but not these with the cute names      A nice turn with words that we don't see anymore - simple and well put --      The things they carried with them (or charged you for)  Just say it like it is!  Asking for trouble nowadays . . .  . . . I hear the 1960s calling...
Comments 10
By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(Baird & Warner Real Estate)
An incredible 16 new homes were listed in Hubbard Woods from May 1 through June 7 (so I've sneaked in an extra week!)  We're into the late spring now and the busy spring market is winding down but that hasn't stopped many sellers from listing (including me!) 16 Hubbard Woods New Listings 1049 Chatfield - $929,000 My own home - very cute :) (staying in Hubbard Woods though!)       1311 Asbury - $949,000        244 Woodlawn - $970,000       1274 Asbury - $1,050,000      797 Walden - $1,069,000        630 Locust - $1,579,000       1148 Oakley - $1,595,500       727 Ardsley - $1,650,000 (reduced from $1,750,000)       1057 Vine - $1,795,000      1127 Laurel - $1,925,000       1236 Asbury - $2,495,000 This and the next home are proposed new construction on side-by-side lots     1240 Asbury -...
Comments 0
By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(Baird & Warner Real Estate)
Listing Details Hubbard Woods Tudor Home for Sale in Winnetka IL 1049 Chatfield Road$899,000 MLS Number: 09972935 Bedrooms: 4 Baths: 3 1/2 Square footage interior:  2662 Square footage exterior:  7500 Garage:  detached 2-car with storage in atticFeatures  Hardwood floors (except master)  2 Zones heating and air  Two fireplaces (one gas, one wood burning)  Attic storage in house and garage In-ground sprinklers Large deck and patio Great location near schools, train, and shopping        Open house: Sunday, June 10 from 1-3 pm. Call Margaret Goss at 847-977-6024 to see if this property is still available and to arrange a showing. You Will Love the Walk-to Location of this Charming Home Ease of living in this charming Hubbard Woods home with a walk-to location to schools, train, shopping, a...
Comments 0
By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(Baird & Warner Real Estate)
  The current real estate market in WinnetkaHomes for sale:  171Priced:  $429,000 to $9,999,999Homes under contract/pending:  73Absorption rate: 8.4 monthsCondos for sale:  3Priced:  $419,000 to $899,000Median price for the past 12 months:  SEE ALL HOMES FOR SALE IN WINNETKA To contact Margaret Goss, please call 847-977-6024 or email margaret.goss@bairdwarner.comMargaret Goss is a full-time real estate broker practicing since 1998 in the North Shore communities of Winnetka, Wilmette, Kenilworth, Glencoe, Northfield, Glenview, and Evanston.See full bio for Margaret Goss
Comments 1
By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(Baird & Warner Real Estate)
Ten new homes were listed in Hubbard Woods in April incuding one short sale on Vine: Hubbard Woods New Listings  979 Vine - $380,000 (under contract)         800 Walden  - $899,000 (under contract)       1336 Scott - $1,095,000         1311 Forest Glen - $1,195,000       1361 Scott - $1,199,000        920 Forest Glen - $1,199,000          657 Hibbard - $1,695,000        661 Blackthorn - $1,900,000       794 Rosewood - $1,950,000         135 Old Green Bay - $2,695,000     Four Hubbard Wood Sold Homes - including one very high-end new construction home: 250 Woodlawn List price:  $649,000 Sold price:  415,000 Days on market:  602   1216 Scott List price:  $1,080,000 Sold price:  $1,010,000 Days on market:  39     1320 Westmoor List price:  $1,495,000 Sold price:  $1,167,500 Days on market:...
Comments 0
By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(Baird & Warner Real Estate)
 Click on the links below to view all homes sold in your village by price during April 2018. WINNETKA WILMETTE KENILWORTH GLENCOE NORTHFIELD GLENVIEW   To CONTACT Margaret Goss, please call 847-977-6024 or email:  margaret.goss@bairdwarner.comMargaret Goss is a full-time real estate agent since 1998 servicing the North Shore communities of Winnetka, Wilmette, Kenilworth, Glencoe, Northfield, Glenview, and Evanston.  See full BIO for Margaret Goss.
Comments 0
By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(Baird & Warner Real Estate)
 In Winnetka , there were 22 closed home sales in April.   The current real estate market in Winnetka: Homes for sale:  163 Priced:  $459,000 to $9,999,999 Homes under contract/pending:  63 Absorption rate:  8.3 months Condos for sale:  3 Priced:  $419,000 to $499,000 Median price for the past 12 months:    SEE ALL HOMES FOR SALE IN WINNETKA To contact Margaret Goss, please call 847-977-6024 or email margaret.goss@bairdwarner.com Margaret Goss is a full-time real estate broker practicing since 1998 in the North Shore communities of Winnetka, Wilmette, Kenilworth, Glencoe, Northfield, Glenview, and Evanston. See full bio for Margaret Goss
Comments 0
By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(Baird & Warner Real Estate)
 UPDATED 2019 Most residential real estate is sold as an "exclusive right-to-sell" listing.  That means that only one brokerage has signed up with you to list, market, and sell your home. That brokerage acts as your agent and you (the seller) agree to pay a commission to the agency regardless of whether the property is sold through the efforts of the listing broker, the sellers, or someone else.This is the contract that you sign with me (your agent) when you list your house for sale.  You are actually granting Baird & Warner Real Estate the exclusive right to sell your property - I am listed as the "designated agent."   The main parts of this listing contract are: Your name and property address The agreed upon listing price                                                                ...
Comments 2
By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(Baird & Warner Real Estate)
March real estate activity in Hubbard Woods is heating up - it's the Spring market and many new homes are coming on the market.  NEW LISTINGS: 1408 Asbury - $895,000 (under contract)         975 Vernon - $899,000         1417 Scott - $925,000          1233 Forest Glen - $1,150,000         804 Boal Parkway - $1,345,000       1416 Edgewood - $1,799,000 (new construction)       1347 Scott - $2,195,000         1003 Westmoor - $2,250,000 (under contract, sold for $1,965,000 in February 2017)        770 Heather - $2,850,000         SOLD HOMES: 956 GreenwoodOriginal list price:  $649,000Sold price:  $645,000Days on Market:  10        1122 Gage St.Original list price:  $999,000Sold price:  $738,000Days on market:  284     747 RosewoodOriginal list price: $2,495,000Sold price:  $1,413,308 (sold ...
Comments 2
By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(Baird & Warner Real Estate)
In , there were 16 closed home sales in Winnetka:  The current real estate market in Winnetka: Homes for sale: 145 Priced:  $475,000 to $9,999,999 Homes under contract/pending:  6 Absorption rate:  7.3 months Condos for sale:  3 Priced:  $419,000 to $545,000 Median price for the past 12 months:  SEE ALL HOMES FOR SALE IN WINNETKA To contact Margaret Goss, please call 847-977-6024 or email margaret.goss@bairdwarner.com Margaret Goss is a full-time real estate broker practicing since 1998 in the North Shore communities of Winnetka, Wilmette, Kenilworth, Glencoe, Northfield, Glenview, and Evanston. See full bio for Margaret Goss
Comments 2
By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(Baird & Warner Real Estate)
 Many real estate brokerages have something called a morgue. It's made up of old MLS listing sheets from the 60s and 70s that are typewritten on 5 1/2 x 8 sheets and contain all the basic information about houses for sale. Sometimes they make for interesting reading.  I recently took a Continuing Education class that reviewed the Fair Housing laws and how they apply to real estate. These classes are ones that we real estate agents must take and retake because they are so important.  Since "Fair Housing" applies to housing it's our business to understand and interpret the law. We are the gatekeepers of the Fair Housing Act and denying buyers access to properties based on discrimination can lead to severe penalties and loss of license. A bit of history. The Fair Housing Act was passed in ...
Comments 8
By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(Baird & Warner Real Estate)
UPDATED 2019 There is no lack of homes with 5 or more bedrooms in the North Shore communities of Winnetka, Wilmette, Kenilworth, Glencoe, Glenview, and Northfield. Much of the new construction has at least five bedrooms plus the older homes were also built larger in the 20s and 30s and we have many such homes. One big difference between old and new homes, however, is that the new homes have many more bathrooms! If you are looking for a larger home for your family or to accommodate an office, workout room, nanny or in-law suite, I've made it easy for you. Below is a search by village for homes that have at least 5 bedrooms. WINNETKA WILMETTE KENILWORTH GLENCOE NORTHFIELD GLENVIEW       Sign up to get monthly North Shore real estate news delivered to your inbox. It's free, we'll never sel...
Comments 0
By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(Baird & Warner Real Estate)
I like working with statistics and trying to gauge which way the Winnetka and North Shore real estate market is heading. I run into problems, however, because each village is so small. I could lump all the villages together - Winnetka, Wilmette, Kenilworth, Glencoe and Northfield  - but they are also different from each other. Often, the numbers are skewed and basically worthless for any kind of consideration. This is particularly true when using averages in an area where a $450,000 can sell in the same town as a $10,000,000 home. Take the most recent numbers I ran for the average sale price for the first two months of 2017 vs 2018 for Winnetka.   2018 Average Price 2017 Average Price Difference Winnetka $2,160,000 $1,310,000  + 65% Wouldn't everyone be listing their house for sale in W...
Comments 7
By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(Baird & Warner Real Estate)
February might have had a huge snowstorm (which I luckily missed!) but that didn't slow down the Hubbard Woods real estate market. We've had 6 new homes come on the market - all listed over $1 million.   New Hubbard Woods Homes for Sale  1125 Gage St.  $1,139,000 (renovated several years ago)       927 Forest Glen $1,349,000 (also renovated several years ago)     1367 Scott Ave $1,639,000         790 Heather Lane $2,589,000      932 Pine Tree Ln. $2,695,000       1600 Asbury $2,975,000       Sold Hubbard Woods Homes No homes sold and closed in February in Hubbard Woods. There were only 7 sold homes in all of Winnetka so this is not unusual for February. In Other Hubbard Woods News . . . Mathnasium is planning on opening in the old Rib and Stitch store on Gage St. just east of Green Bay ...
Comments 1
By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(Baird & Warner Real Estate)
Listed below are home sales in February for the North Shore villages of Winnetka, Wilmette, Kenilworth, Glencoe, Northfield, and Glenview. Only Wilmette and Glenview had a good number of sales but that's not usually expected to happen in February. WINNETKA      WILMETTE   KENILWORTH - no closings in February   GLENCOE   NORTHFIELD   GLENVIEW      To CONTACT Margaret Goss, please call 847-977-6024 or email:  margaret.goss@bairdwarner.com Margaret Goss is a full-time real estate agent since 1998 servicing the North Shore communities of Winnetka, Wilmette, Kenilworth, Glencoe, Northfield, Glenview, and Evanston.  See full BIO for Margaret Goss.  
Comments 0
By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(Baird & Warner Real Estate)
UPDATED 2019 Professionals in many occupations have a tendency to throw around explicit industry terms that leave consumers bewildered. While many people have heard of real estate related words, few really understand what they fully mean. When you're anywhere in the process of buying or selling real estate, understanding their definition and their context in your deal is vital. Don't be afraid to ask your real estate agent what something means and how it affects you. Here are the most common real estate words and their definitions. Please note that I sell real estate in Chicago's North Shore communities of Winnetka, Wilmette, Kenilworth, Glencoe, Northfield, Glenview, Evanston, Northbrook, and Highland Park. These specific terms might be understood differently throughout the country. Re...
Comments 4
By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(Baird & Warner Real Estate)
There were 15 closed home sales in Winnetka in January, 2018.  These homes most likely went under contract during what is considered the slowest time of the market yet some of them are very strong. There were two homes over $2 million, and 4 homes over $3 million including a $10 million sale for a home on the lake that is slated to be demolished.    Snapshot of current Winneka market: Homes for sale:  115 (priced between $499,000 to $9,999,999) Under contract: 34 (priced between $499,000 to $13,750,000) Current absorption rate: 5 1/2 months (balanced market slightly tilting toward a buyer's market) Condos for sale:  7  (priced from $125,000 to $545,000) To CONTACT Margaret Goss, please call 847-977-6024 or email:  margaret.goss@bairdwarner.comMargaret Goss is a full-time real estate ag...
Comments 1
By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(Baird & Warner Real Estate)
 Lots of activity starting out quickly in 2018 - six new homes listed in January, 2018 in Hubbard Woods (I have not included previously listed homes that were removed from the market for the holidays.) 1216 Scott Ave. $1,080,000 4 bedrooms, 2 1/2 baths      1509 Scott Ave. $1,174,900 (?) 5 bedrooms, 4 1/2 baths     144 Old Green Bay Rd. $1,450,000 6 bedrooms, 3 1/2 baths      1167 Asbury Ave. $1,475,000 4 bedroos, 4 1/2 baths, built in 2003      1305 Forest Glen Drive South $1,848,000 4 bedrooms, 4 1/2 baths      830 Glen Oak Dr. $3,150,000 (large property with 1 acre, dated home) 4 bedrooms, 5 full baths, 2 half baths         Closed sales in January in Hubbard Woods 820 Heather Ln. List price:  $1,300,000 Sold price:  $950,000 Days on market:  32      1502 Edgewood Ln. List price:  $1,...
Comments 2
By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(Baird & Warner Real Estate)
 UPDATED 2020While we have ample supply of single family homes, there has been a long-time shortage of condos and townhouses that has plagued the North Shore  (with the exception of Glenview and Evanston.)  Even Wilmette, the one village that has a good number of condo developments, is running low. The only planned new condo development in the area was the long-awaited Winnetka One (drawing renditon on right) which was recently canceled in its entirety.  Several other developments, notably in Wilmette and Northfield, are rental housing.The North Shore was laid out as residential communities of single-family homes and when condos were finally needed, they were squeezed into various bits of open land. The latest condo building in Winnetka is the Wingate at 720 Green Bay Road, with 13 unit...
Comments 3
By Margaret Goss, Chicago's North Shore & Winnetka Real Estate
(Baird & Warner Real Estate)
In December, the Hubbard Woods area had no new homes come on the market. There were 3 closed sales in December: 693 Walden List price: $1,280,000 Sold price:   $900,000 (70% of list price) Days on market:  206      809 Locust List price:  $2,175,000 Sold price:  $1,919,500 (purchased in 2015 for $2,190,000)  (87% of list price) Days on market: 223    903 Private List price:  $3,399,000 Sold price:  $2,997,420 (88% of list price) Days on market:  105       Currently, the Hubbard Woods real estate market looks like this: Homes for sale:  32 Price range:  $499,000 to $13,750,000 Under contract: 11 Single family home absorption rate: 5 months (a balanced market between buyers and sellers) Condos for sale: 1 Price:  $549,000 Under contract: 3    See all homes for sale in Hubbard Woods
Comments 1