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Northbrook

northbrook

Population 33,435

Avg. Home Value $746,529

Village Hall 847-272-5050

www.northbrook.il.us

North Shore Suburbs

Northbrook is a picturesque village 20 miles north of the Loop and is one of the most desirable communities in the greater Chicago area. Tranquil residential neighborhoods are located near thriving business districts and spacious recreational areas. The village is proud of its symphony orchestra and its fine performing arts programs. Concerts and other cultural events are held at the Forrest S. Sheely Center for the Performing Arts and the Northbrook Leisure Center. The Northbrook Park District offers hundreds of recreational classes and has two indoor ice arenas, a 27 -hole golf course, 22 tennis courts, numerous ball fields and playgrounds, two public swimming pools and a number of basketball courts. The Northbrook Velodrorne, one of only 12 quarter-mile bike tracks in the nation, holds w.eekly u.s. Cycling Federation races during the summer. Some of the major employers in the area include Northbrook Court Shopping Center, United Parcel Service, Underwriters Laboratories, and General Binding Corporation.

Housing: Many of Northbrook’s homes were built between the 1950s and 1980s and include multi-million dollar properties; however, expansive, custom homes are springing up in developments as well as in older, more established areas. The average single-family home sale price in 2006 was $746,529. Established homes average between $400,000 and $650,000, while new, custom built homes start at $650,000and can. go all the way to $1 million plus. The 2006 average home value was $746,529.

Schools: Northbrook elementary students attend schools in Districts 21, 27, 28, 29,30 or 31. All schools offer a wide range of programs including accelerated courses and classes for children with special needs. High school students attend the highly regarded Glenbrook North High School in District 225. The school continually updates and renovates its fine facilities, which include gymnasiums, an indoor swimming pool, tennis courts, playing fields, a greenhouse and photography labs with fully equipped darkrooms.

Transportation: Residents have quick access to the Tri-State Tollway 0-294) and the Edens Expressway (1-94). A drive to the Loop takes 40 minutes. Midway Airport is a 45-minute drive, while O’Hare is only 15 minutes from the Village. Rail commuters may ride Metra’s Union Pacific from Northbrook for a 40-minute trip to the Loop.

Real Estate Market Stats

Zillow Home Value Index: $465,700

Home Size in Square Feet

Year Built

Local National
Zillow Home Value Index $465,700 $220,100
Median Single Family Home Value $548,400 $219,100
Median Condo Value $246,800 $230,500
Median 2-Bedroom Home Value $350,300 $169,400
Median 3-Bedroom Home Value $401,700 $212,900
Median 4-Bedroom Home Value $560,000 $340,600
Percent Homes Decreasing 30.1% 23%
Median List Price Per Sq Ft $227 $136
Median Sale Price $468,500 $2,591,617
Property Tax 454 2,591,617
Turnover (Sold Within Last Yr.) 454 2,591,617
1-Yr. Change -2.7% 7.6%

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