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Riverwoods, IL Real Estate News

By Doug Anderson
(Blue Fence Real Estate)
Looking for a new home in Riverwoods? Look no further! Our website RiverwoodsHomesForSale.com is updated every 10 minutes directly from the Multiple Listing Service (MLS) and offers a wide selection of homes for sale in Riverwoods, Illinois, making it easy  to find the perfect home for you. From charming historic homes to modern new construction, Riverwoods offers a home for every taste and budget. Whether you're looking for a comfortable starter home or a luxury estate, our site has something for everyone.Our website is designed with your comfort in mind, making it easy to search for homes based on your  needs and preferences. You can search by price, square footage, number of bedrooms and bathrooms, and more.  Additionally, we provide detailed information about each home and neighborh...
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By Marco Amidei
(RE/MAX Suburban )
Riverwoods Market Trends for March 2015Riverwoods home sales for the month of March decreased in volume by 60% when compared to last year, while the median sale price decreased by 54.6% from $1,100,000 to $499,500. The number of Single Family homes sales decreased by 60%, while the median sale price decreased by 54.6% from $1,100,000 to $499,500.» View homes for sale in Riverwoods   » View all recent sales in Riverwoods_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than MRED Smart-Frame IDX Demo are marked with the MRED Broker Reciprocity logo or the...
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By Marco Amidei
(RE/MAX Suburban )
Homes for Sale in Riverwoods, Illinois - January 2015 Riverwoods currently has 46 single family homes for sale with an average list price of $938,797. The average annual property tax for Riverwoods is $18,085. Single-FamilyHomes46 Condos &Townhomes0 Foreclosuresfor Sale0 NewConstruction3 AdultCommunities1 Single Family Homes for Sale Bedrooms Median Price Homes For Sale 3 bedrooms $569,000 3 homes for sale 4 bedrooms $735,000 21 homes for sale 5 bedrooms $1,047,000 22 homes for sale View All Single Family Homes For Sale in Riverwoods » Condos/Townhomes for Sale Bedrooms Median Price Homes For Sale No condos/townhomes for sale View All Condos/Townhomes For Sale in Riverwoods »
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By Marco Amidei
(RE/MAX Suburban )
Thorngate, Riverwoods, Illinois - January 2015 About Thorngate Thorngate is a custom single family neighborhood built from the mid to late 1990's. Thorngate is located in Riverwoods, Illinois south of Deerfield Road and west of Saunders Road. Average taxes in Thorngate $15,593 Average association fees in Thorngate $125 ($125 - $125) Average home size in Thorngate 4,109 ft2 Average lot size in Thorngate 0.40 acres Average year built in Thorngate 2000 Homes for sale in Thorngate Address Beds Baths Built Price 2516 Royal Troon Ct. 6 5.1 1996 $1,199,000 2299 Congressional Ln. 5 4.0 1995 $699,900 645 Thorngate Ln. 5 4.1 2015 $1,179,000 668 Long Cove Ct. 4 4.1 1997 $949,000 785 Tour Ct. 5 3.2 1995 $889,000 Sales Summary for Thorngate  (Jan 8, 2014 - Jan 8, 2015) # of Sales Average Days on Ma...
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By Marco Amidei
(RE/MAX Suburban )
Wilmot Elementary School, Deerfield, IL About Wilmot Elementary School Wilmot Elementary School is a K-5 school in District 109, and is located at 795 Wilmot Rd in Deerfield, IL. It services homes in Deerfield and Riverwoods. Single-FamilyHomes 19 Condos &Townhomes 0 Foreclosures for Sale 2 NewConstruction 1 AdultCommunities 0 Homes for sale in the Wilmot Elementary School area Address Beds Baths Built Price 3070 Blackthorn Rd., Riverwoods, IL 4 2.1 1960 $525,000 2700 Gemini Ln., Riverwoods, IL 6 4.1 2003 $1,199,000 2600 Lyndale Ln., Riverwoods, IL 6 7.3 2005 $1,750,000 1321 Greenwood Ave., Deerfield, IL 3 2.0 1943 $309,900 1319 Stratford Rd., Deerfield, IL 4 4.1 2013 $1,285,000 2999 Deerfield Rd., Riverwoods, IL 4 3.1 1953 $599,000 385 Thornmeadow Rd., Riverwoods, IL 5 3.3 2003 $1,499...
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By Marco Amidei
(RE/MAX Suburban )
Single Family Homes For Sale in Riverwoods, Illinois Currently for Sale   For Sale Avg. List Min. Max Avg. Days All 47 $951,221 $249,900 $2,395,000 163 3 bedrooms 8 $490,163 $249,900 $700,000 143 4 bedrooms 20 $852,870 $425,000 $1,950,000 148 5 bedrooms 19 $1,248,879 $525,000 $2,395,000 186 View All Single Family Homes For Sale in Riverwoods Sale Averages - By Month   Sales Avg. List Avg. Sale Ratio% Avg. Days Jun 2013 12 $606,167 $582,717 95.8% 125 May 2013 5 $709,380 $662,000 96.9% 231 Apr 2013 2 $450,000 $427,500 94.6% 166 Mar 2013 4 $690,350 $660,213 95.3% 151 Feb 2013 1 $354,100 $327,500 92.5% 133 Jan 2013 1 $375,400 $285,000 75.9% 65 Dec 2012 1 $459,900 $430,000 93.5% 85 Nov 2012 2 $1,000,000 $900,000 90.0% 112 Oct 2012 4 $874,225 $823,250 95.0% 155 Sep 2012 5 $686,200 $655,340 94...
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By Marco Amidei
(RE/MAX Suburban )
Townhome & Condo Stats for Riverwoods, Illinois Currently for Sale   For Sale Avg. List Min. Max Avg. Days All   $0 $0 $0 0 View All Townhomes & Condos For Sale in Riverwoods Sale Averages - By Month   Sales Avg. List Avg. Sale Ratio% Avg. Days View Recent Sales of Townhomes & Condos in Riverwoods The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than MRED Smart-Frame IDX Demo are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may n...
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By Marco Amidei
(RE/MAX Suburban )
Single Family Home Stats for Riverwoods, Illinois Currently for Sale   For Sale Avg. List Min. Max Avg. Days All 49 $927,098 $234,900 $2,499,000 198 3 bedrooms 11 $534,200 $234,900 $897,500 111 4 bedrooms 20 $884,540 $450,000 $1,799,999 248 5 bedrooms 18 $1,214,489 $499,900 $2,499,000 195 View All Single Family Homes For Sale in Riverwoods Sale Averages - By Month   Sales Avg. List Avg. Sale Ratio% Avg. Days Dec 2012 1 $459,900 $430,000 93.5% 85 Nov 2012 2 $1,000,000 $900,000 90.0% 112 Oct 2012 5 $853,360 $804,600 95.0% 130 Sep 2012 5 $686,200 $655,340 94.6% 121 Aug 2012 11 $698,618 $661,864 94.7% 119 Jul 2012 6 $846,333 $681,500 81.3% 182 Jun 2012 11 $566,336 $509,169 90.9% 186 May 2012 1 $520,000 $430,000 82.7% 185 Apr 2012 2 $917,450 $728,500 83.5% 136 Mar 2012 9 $575,189 $507,111 88...
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Country Club Estates, Riverwoods, Illinois About Country Club Estates Country Club Estates is a single family home neighborhood in Riverwoods, Illinois. Average taxes in Country Club Estates $14,358 Average association fees in Country Club Estates $300 ($0 - $300) Average home size in Country Club Estates 5,412 ft2 Average lot size in Country Club Estates 1.00 acres Average year built in Country Club Estates 1984 Homes for sale in Country Club Estates Address Beds Baths Built Price 1761 Clendenin Ln. 4 3.0 1979 $859,900 811 Oakhurst Ln. 5 3.2 2001 $1,090,000 1781 Saunders Rd. 4 3.1 1973 $639,000 1105 Saunders Rd. 0 0.0 0 $409,000 Sales Summary for Country Club Estates  (Aug 6, 2011 - Aug 5, 2012) # of Sales Average Days on Market Average List Average Sale Ratio% 2 167 $744,000 $664,500 ...
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By Marco Amidei
(RE/MAX Suburban )
Meadowlake in Riverwoods Meadowlake is a single family neighborhood located in Riverwoods, Illinois. Meadowlake is on Columbine and Chicory Lane east of 45. Activity in Meadowlake for the past 6 months Homes Sold Lowest Price Highest Price Average Price 0 $0 $0 $0 -Riverwoods-   Address City Beds Baths Model List Price Status 5 Columbine Ln Riverwoods 5 4.1   $950,000 Active 2 Columbine Ln Riverwoods 4 3.1   $700,000 Active 23 Chicory Ln Riverwoods 5 5.2 Custom $1,099,998 Pending 
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By Judy Chapman
(Referral Network of Illinois LLC)
Is the market value of your Riverwoods house upside-down? Are you facing financial difficulties? Does it look like you could lose your home to foreclosure? You’re not alone. Crain’s Chicago Business recently reported that it takes banks nearly 500 days to process an Illinois foreclosure. This may give you nearly a year-and-a-half to sell your house as a Short Sale. But don’t get too complacent. A Short Sale can take 6 months or longer to process through your bank. Meanwhile, your bank could foreclose on your home in less than a year. The long and the short Maybe you haven’t heard about Short Sales. Or maybe you have but also heard that they don’t work. Untrue. Short Sales are different from regular sales and must be handled in a different way. But when handled properly, they can close o...
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By Judy Chapman
(Referral Network of Illinois LLC)
If you think you don’t have to worry about selling your Riverwoods home and moving on when the need arises, think again. Every day means your house is losing value. That’s right. Every single day. Face value  Overall, economic and market forces continue to plague the real estate marketplace, and will for some time to come. One of those market forces has to do foreclosures and short sales. Short end of the stick Over the past year, 31% of all single-family detached homes sold in Riverwoods were ‘distressed’ homes ... either foreclosures or short sales. Digest this for a moment.  1 out of 3 homes sold in Riverwoods during the last 12 months was a ‘distressed’ home. A ‘distressed’ home is one in which the homeowners experienced some kind of financial crisis. Either they lost their home to ...
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By David Spencer, Show Me real estate in Kansas City
(Keller Williams Northland)
In the table below lists all of the single family detached and single family attached homes currently on the market in Riverwoods, IL  The data lists available homes by price range with average time on market in each range. Should you have an interest in homes in a selected price range, send me your physical characteristics requirements. I will send complete details on those homes that meet your criteria. Active Listings List Price Range # Listings Avg. Days on Mkt $250,000 - $299,999 2 95 $300,000 - $349,999 1 1081 $350,000 - $399,999 1 179 $400,000 - $449,999 1 795 $450,000 - $499,999 5 261 $500,000 - $549,999 3 168 $550,000 - $599,999 6 168 $600,000 - $699,999 9 102 $700,000 - $799,999 5 216 $800,000 - $899,999 8 294 $900,000 - $999,999 3 158 $1,000,000 - $1,999,999 11 329 $2,000,00...
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By Bill and Sherry Kaplan
(Coldwell Banker)
Riverwoods has received the title of Tree City USA and the people of Riverwoods want to keep it that way. This past Wednesday evening I attended a meeting at the Riverwoods Village Hall (a log cabin in the woods) where the new Riverwoods reforestation program was presented.  The Village of Riverwoods will give matching funds for removal of invasive plants like buckthorn and garlic mustard as well as matching funds for young trees and seedlings to be planted when the invasives are removed. To arborists and plant experts spoke about the type of trees that are native to our area.  The Village Forester, Chuck Stewart also explained the program and will be on call one morning every other week to answer any tree related questions from Riverwoods residents and will also walk a resident's prope...
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By Bill and Sherry Kaplan
(Coldwell Banker)
Once again the entire Village of Riverwoods worked to create the biggest and best Halloween Party ever.  This year almost 1000 people turned out for the festivities.  The fact that it was the Saturday before Halloween and the weather was beautiful really helped.  As the Mayor's wife, I was in charge of the party and people actually called and asked if they could help.  This was the nineth year the Village Hall has been covered with spiders, ghosts and witches.  Our sponsors bear almost the entire cost of the party and provide free hot dogs, pizza, cider, candy and smores which are prepared around the bonfire.  The only expense to the Village is the horse drawn haywagon.  Bob Gand of The Village Music Store in  Deerfield rides the haywagon and sings and plays the banjo.  Jodygigglejam pl...
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By Eric Egeland, SFR, e-PRO, CDPE
(RE/MAX SUBURBAN)
Eric P. Egeland | RE/MAX SUBURBAN | (847) 337-7090 9 Cherrywood, Riverwoods, IL Riverwoods Vacant Land 43,560 sqft Vacant Land offered at $384,900 Lot Size 43,560 sqft DESCRIPTION Secluded 1 acre wonderland! Envision your dream home in this superb location surrounded by lush mature trees and serene setting. Yet centrally located close to award-winning schools, parks, shopping and transportation. Eric P. Egeland, SFR, CDPE, e-PRO Broker Associate RE/MAX SUBURBAN ChicagolandHomeSeller.com see additional photos below LOCATION FEATURES - Buildable Lot - Great schools ADDITIONAL PHOTOS Photo 1Photo 2 Contact info: Eric P. Egeland RE/MAX SUBURBAN (847) 337-7090 For sale by agent/broker Equal Opportunity Housing Posted: Aug 15, 2010, 6:30pm PDT Broker Reciprocity courtesy of Alicia Anderson C...
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By Bill and Sherry Kaplan
(Coldwell Banker)
In these difficult times it's more important than ever to say thank you to our past and present clients. Over 50 of our past and present clients attended. We told them that we are revising our business plan and are getting new clients largely by referral from past and present clients and asked them if they overheard friends or family talking about buying or selling real estate to tell them about us and ask if we might call them.  Then we asked them to give us a call with the person's name and number.   Everyone who attended said they had a great time.  We had chicken, brots, pasta, sausages and peppers, ice cream cakes, blueberry pie and all kinds of yummy treats.  We even had a bouncy castle for the children.  It was great fun and we will do it again next year.    Sincerely,   Sherry H...
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By Bill and Sherry Kaplan
(Coldwell Banker)
I recently returned from Las Vegas, NV where I attended ProAct, 6 days of classes that will enable me to get my Certified Real Estate Specialist (CRS) designation.  The classes were from 8:30 A.M. to 5:00 P.M. each day.  It was a grueling but extremely rewarding learning opportunity.  The class I found the most beneficial was the class I was most worried about, "Financing and Tax Advantages For Agents and Their Clients", taught by Dale Carlton.  I told him the first day of the class that I had to take off my shoes to count to 20 and asked if I would fail.  By the end of the 2 days I was using a financial calculator and calculating mortgage rates, interest rates and unpaid balances on mortgages. One of the most valuable things I learned was the 90 day rule that if you pay cash for a prop...
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By Bill and Sherry Kaplan
(Coldwell Banker)
As the wife of the Mayor of Riverwoods one of the most fun things I get to do each year is organize the annual halloween party.  This year Riverwoods held its eighth annual Halloween Party at the Riverwoods Village hall.  There was a horse drawn hay wagon, free Pizza, free hotdogs, hot cider, popcorn and candy which made it a truly fun event.  There was also a huge bon fire to gather around and make s'mores. It is truly a village event.  This year at least 10 people helped with the amazing decorations.  Since the Village hall is a log cabin it really lends itself to the Halloween theme.  In addition, there were another 15-20 people who helped serve all the food. We can have as many as 200-300 people attending. We even had music and singing on the hay wagon and Jodi jiggle jam played the...
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By Bill and Sherry Kaplan
(Coldwell Banker)
On October 4th Riverwoods celebrated its 50th year as being founded as a Village.  It was a golden day for the golden anniversary of the Village.  There were hotdogs, brots & ribs and photoboards showing the Village 50 years ago.  The attendance wasn't quite what was expected, but the Bears were playing football at the same time and that is really tough competition. We had asked for new coverage of the event. My husband, Bill, is the Mayor.  Instead all we got was a photographer who took a picture of an adorable toddler and our dog Zoey.  Well hopefully that toddler will be there 50 years from now to celebrate the 100th year of the Village. Riverwoods is really a beautiful place to live especially in the fall when the trees turn yellow and red.   Sincerely,   Sherry H. Kaplan  
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