Shorewood, IL

Shorewood IL Real Estate Market Trends February 1, 2012

In January, Shorewood saw 10 single family homes close with a median sales price of $214,930. There are 32 homes pending sale and 107 active listings. As shown in the chart the median list price is $241,995. Home prices range from a low of $65,000 up to $960,000.

For comparison, 15 homes sold in December 2011 in Shorewood.

Activity seems to be picking up in recent weeks and closed homes in February and March could end much higher than previous months. New home inventory should also begin making its way onto the market as the spring selling season is right around the corner. Click for information on how to get your home sold or find a Shorewood Home for Sale.

Local Real Estate Trends

Shorewood

Inventory and Median Home Price

Shorewood Real Estate on Movoto

Buying a Short Sale in Shorewood, IL

Short sale purchases are complicated transactions that require knowledge and experience. The first step to buying a short sale in Shorewood is to determine if this type of transaction is right for you.

You'll need to ask yourself the following questions:

1) Am I a patient person? Short sales take an unknown and often substantial amount of time to complete. The time from accepted offer to closing could be as little as 60 days or as much as 1 year (or more). If you answered YES, keep reading!

2) Am I willing an able to make repairs to the property? The typical short sale has had regular maintenance deferred by the seller as they (usually) have little money or desire to keep the home up. You should expect to paint, replace carpet and take the home AS-IS. The seller will make no repairs for you (unless they may be required for your loan). If you answered YES, a short sale could be for you!

3) Am I looking for a deal? Short sales offer the opportunity to buy a home for less than full market value. Because the seller will receive no money at the sale, they are willing to offer the home for less than market value and the lender prefers to sell via short sale than foreclosure. Duh, who doesn't want a deal?

4) Do I need to sell my current home before buying the short sale? If NO to #4 and YES to #1, #2 and #3, you are likely to be a good candidate for a short sale purchase!

5) Do I have a preapproval letter dated in the last 60 days? If YES, call Steve Roake at (815) 603-0077 and I'll be happy to show you short sale homes that are in your budget. If NO, call Steve Roake at (815) 603-0077 and I'll get you in touch with a lender that can get you preapproved to buy a Shorewood short sale.

Click the link to search for short sales in Shorewood.

Retirees in search of a Del Webb community in Illinois will find fabulous options including Sun City Huntley, Edgewater, Grand Dominion and Shorewood Glen. The most budget-friendly option is Del Webb Shorewood Glen with ranch homes ranging from the mid $100’s to the mid $300’s. Residents appreciate the luxury amenities and exciting lifestyle offered at an attractive price in this intimate sized 55+ community.

Del Webb opened Shorewood Glen in 2004. Today home buyers can select from new construction or well-cared for resale homes, all of which offer single-level ranch living. Shorewood Glen is planned to have just 765 homes upon completion. There are eleven single family floor plans to chose from sized from nearly 1,300 to over 2,500 square feet. Each floor plan was specially designed by Del Webb to be ideal for active adult living with at least two bedrooms, two baths and a two-car garage. The homes feature spacious master suites, well-equipped kitchens, open concept designs and ample closet space. There are also two duplex plans, one with 1,285 square feet and another larger plan with 1,547 square feet. The duplex homes offer low-maintenance living.

The amenities at this gated Illinois active adult community are centered within and around the 17,000 square foot Lakeview Lodge. This fantastic amenity center is home to a state-of-the-art fitness center, indoor lap pool and spa, aerobics studio, ballroom, billiards plus an arts and crafts studio. A beautiful sunroom is the perfect spot for meeting up with friends before heading out for dinner or for just meeting up for coffee. Outdoors there is a sparkling swimming pool with a spacious sundeck overlooking an 18-acre fishing lake. There are numerous sports courts for tennis and bocce ball plus miles of trails for walking or bike riding.

In typical Del Webb tradition, Shorewood Glen offers a lifestyle second-to-none. A full-time activities director ensures there is always something exciting to look forward to. Residents enjoy participating in a wide variety of special interest clubs, day trips, holiday parties, game nights, exercise classes and much more. Whatever you’re interests are it’s easy to find something enjoyable to participate in at Shorewood Glen.

With attractive ranch home pricing, luxury amenities and the famous Del Webb lifestyle, it’s easy to see what makes Shorewood Glen so popular among Illinois retirees. Another highlight of this 55+ community is its location just minutes from shopping, dining, entertainment, outdoor recreation and more. The popular town of Naperville is less than 30 minutes away while attractions in Joliet including casinos, the Chicagoland Speedway and the Rialto Square Theatre are also nearby.

For more information and photos of this and other IL active adult retirement communitiesplease visit 55Places.com. To stay in touch with us please join our Facebook page by clicking the Facebook link below.

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BEAUTIFULLY WELL KEPT 4 BEDROOM 2.1 BATH ON QUIET STREET IN SHOREWOOD. IMMACULATE HOME IN MOVE IN CONDITION. 4 LARGE BEDROOMS ON SECOND FLOOR. LARGE FAM ROOM AND LIVING ROOM W/SEPERATE FORMAL DINING ROOM. HARDWOOD FLOORS IN KITCHEN AND FAMILY ROOM. NEW GRANITE, SINK, STOVE & REFRIGERATOR. AC 5 YRS. PARTIALLY FINISHED BASEMENT MAKE THIS HOME A KEEPER!!! THE BACK YARD IS PARTIALLY FENCED WITH A HUGE DECK. PRICED REALLY WELL AT $189,900! CALL LANITA CATES WITH REMAX OF JOLIET AT 630-341-1545.

Shorewood Glen by Del Webb is a popular active adult community by Del Webb in Shorewood, Illinois. This intimate sized community is planned for just 765 residences upon completion and offers budget-friendly homes in addition to luxury amenities. Located in the charming town of Shorewood, Illinois, Shorewood Glen is a wonderful value for those looking to enjoy the Del Webb lifestyle in homes attractively priced from the mid $100’s to the mid $300’s.

Del Webb designed the homes of Shorewood Glen to offer ideal active adult living and attractive low-maintenance features. Buyers can choose from new construction or resale homes in a wide variety of floor plans including traditional single family ranch homes or attached ranch duplex style homes. The single family homes are available in eleven floor plans ranging from 1,269 to over 2,500 square feet while the attached duplexes are available in two floor plans sized at either 1,285 or 1,547 square feet. All of the homes offer spacious first-floor living with beautiful master suites, ample closet space, large great rooms and chef-friendly kitchens.

Amenities at Shorewood Glen are centered within and around the luxurious Lakeview Lodge. This beautiful facility offers 17,000 square feet of high-end amenities. There is a state-of-the-art fitness center, an indoor lap pool with zero-entry and indoor spa, an aerobics and dance studio, a studio for arts, crafts, games and hobbies, a relaxing sunroom, billiards plus a grand ballroom playing host to special events, holiday parties, community meetings, dances and more. The Lakeview Lodge overlooks a gorgeous 18-acre fishing lake with the spacious back patio opening to a sparkling swimming pool with sundeck. There are also bocce ball courts, tennis courts and miles of trails for walking and biking.

Residents of this exciting Illinois active adult community enjoy a full line-up of special events and activities thanks to the efforts of the full-time lifestyle director. The community calendar features day trips, fitness classes, seminars, special events, hobby club meetings and much more. There are dozens of special interest clubs meeting on a regular basis and countless activities to participate in.

With attractively priced homes, high-end amenities and the famous Del Webb lifestyle, it’s easy to see what makes Shorewood Glen such a popular Illinois retirement destination. The location itself is highly sought-after being just two miles from major expressways offering easy access to downtown Chicago and the popular neighboring town of Naperville. Right across the street from the community is the developing Shorewood Towne Center planned to feature a town hall, amphitheater, restaurants and retail shops, all within walking distance of Shorewood Glen.

For more information and photos of this and other IL active adult retirement communitiesplease visit 55Places.com. To stay in touch with us please join our Facebook page by clicking the Facebook link below.

Click the links below
to follow 55Places.com