While 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 units, and that was completed in 2007.
In Wilmette, no new buildings have been constructed since 2002 when new units became available at Central St (across from the post office,) on 11th St., and Skokie Blvd. There had been a mini-boom in condo building in 1998-99 when the Optima, Verona, and Wilmette Ave (near Ridge) were built offering 85 units.
There was one exciting redevelopment in Wilmette however - in 2008 Mallinckrodt (formerly a convent, then school) was gutted and re-purposed as condo living with 88 units. While not a new building, it is basically new construction.
Kenilworth has only three small developments with a total of 11 units.
Glencoe has a good number of condo buildings scattered mostly along Green Bay Road and several in downtown. But as I write this (November 2019) there is only one condo for sale in Glencoe.
Northfield also has several large condo developments including Meadowlake and Northfield Square, plus smaller ones such as the Landmark, Middlefork Woods, Regent Wood, and Willowview.
This is not likely to change in the near future - there may be some new small 2-4 unit developments (I've heard of one in Winnetka on Green Bay Road) but that will hardly put a dent in demand as seniors continue to sell their family homes and look to downsize.
Many older North Shore residents have chosen to downsize into smaller homes - but most ranches have been razed for new construction. Some (the lucky ones) head to warmer climates but most folks who stay in the area choose either Glenview, or Evanston where condo inventory is abundat.
If you are thinking of condo or townhouse living, please click on the links below to see the current inventory:
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Margaret Goss is a full-time real estate broker since 1998 working in the North Shore communities of Winnetka, Wilmette, Kenilworth, Glencoe, Northfield, Glenview, and Evanston.
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