Keeping up with Chicago's North Shore Real Estate Market!

Contact Ann

call or text me: 847-691-1111 or email: ann@rannjones.realtor

Tuesday, July 29, 2014

Do you know this place?

One of my favorite memories of summer as a kid, was when my mother would pack a picnic dinner and we'd drive north to Highland Park to hear a concert at Ravinia. My dad would take the train from the city to meet us after work.

A blanket would be spread out. Mother usually made chicken and deviled eggs and fruit... maybe some cookies. After dinner, my brother and I would run around like banshees -- with my dad always pointing out the kids that would be sitting politely reading on the next blanket. As dusk would fall, we'd all lie down on the blanket to listen to the Chicago Symphony Orchestra (CSO) play. I usually fell asleep. All seemed so right with the world.

Ravinia was and continues to be one of the special places on the North Shore.

In 1904, the A.C. Frost Company created Ravinia as an amusement park as a way to get riders to use the struggling Chicago and Milwaukee Electric Railroad. The amusement park had a baseball diamond, electric fountain and refectory or casino building with dining rooms and a dance floor. The prairie-style Martin Theatre (then called Ravinia Theatre) is the only building on the grounds that dates back to that original construction. When the park's survival became jeopardized by the railroad's bankruptcy, local residents formed a corporation in 1911 to purchase and operate the park. Music was a confirmed summer activity from then on, except for a brief hiatus during the Depression.

Ravinia Festival is the oldest outdoor music festival in North America and is known for presenting world-class music. It is the summer home for the CSO. The festival attracts about 600,000 listeners to some 120 to 150 events that span all genres from classical music to jazz to music theater over each three-month summer season.

Over the years, the festival has hosted such diverse artists like Louis Armstrong, The Beach Boys, Tony Bennett, Dave Brubeck, Pablo Casals, Van Cliburn, Joe Cocker, Aaron Copland, Ella Fitzgerald, George Gershwin, and Frank Zappa.

The Festival includes symphony concerts, often with guest soloists, as well as opera, jazz, blues, folk, and rock performances, plus ballet, drama, and educational programs which take place year-round.

Ravinia is located on a 36 acres of park and lawn. Folks who live in the neighbor get to enjoy the music that is being played in the open pavilion. This wonderful setting allows for open seating and picnicking, where families and other attendees can choose to use as much (or little) space as they need, with a powerful sound system broadcasting the live performance throughout the park.

In the summer, the North Shore Metra commuter railroad makes special stops before and after concerts. Visitors get dropped off and picked up right at the front gate!

Our little blanket and picnic dinners of the 1950s have been replaced today, with tables, lawn chairs, coolers full of food, blankets, candles, and lawn accessories in tow. Ravinia is one of the few concert venues in the country to allow full meals to be brought in and consumed at concerts, even allowing alcoholic beverages and bottles of wine.

Just as when I was young, making the trip to Ravinia continues to be a special evening of fun!

Check out the schedule for the rest of the summer at Ravinia.org.

Tuesday, July 8, 2014

Top 10 Sales on the North Shore in 2014 YTD


1
80 N Green Bay, Lake Forest
Year Built - 1925
Original List Price - 6,825,000
List Price - $6,625,000
Sold Price - $5,750,000
Days on Market - 879 days
Days on Market at the Final List Price - 448 days
Sale/List Ratio - 87% of asking price

2
20 Fox Lane, Winnetka
Year Built - 1936
List Price - $6,700,000
Sold Price - $5,500,000
Days on Market -142
Sale/List Ratio  - 82%

Year Built - 2013
List Price - $5,375,000
Sold Price - $5,200,000
Total Days on Market - 168
Sale/List Ratio - 97%

Year Built - 2013
Original List Price - $4,275,000
List Price - $4,749,000
Sold Price - $4,250,000
Days on Market - 580
Days on Market at the Final List Price - 305
Sale/List Ratio - 89% of asking

Year Built - 2006
List Price - $4,295,000
Sold Price - $4,150,000
Total Days on Market - 6
Sale/List Ratio - 97% of asking

Year Built - 1927
Original List Price - $5,499,000
List Price - $4,319,000
Sold Price - $3,900,000
Total Days on Market - 725
Total Days on Market at Final List Price - 293
Sale/List Ratio - 90%

Year Built - 1917
Original List Price - $4,999,000
List Price - $4,290,000
Sold Price - $3,800,000
Total Days on Market - 367
Total Days on Market at Final List price - 1
Sale/List Ratio - 89%

Year Built - 2009
Original List Price - $4,475,000
List Price - $3,975,000 
Sold Price - $3,650,000
Total Days on Market - 845
Days on Market at Final List Price - 182
Sale/List Ratio - 92%

Year Built - 2006
List Price - $3,749,000
Sold Price - $3,600,000
Total Days on Market - 5
Sale/List Ratio - 96%

Year Built - Land
Original List Price - $4,350,000
List Price - $3,995,000
Sold Price - $3,600,000
Total Days on Market - 425
Days on Market at Final List Price - 149
Sale/List Ratio - 90%

So how is the inventory of high end houses?