Chicago's North Shore suburbs - Glencoe

Real estate and how life's lived in Glencoe, Illinois

This knol focuses on helping you decide whether Glencoe is a place where you might want to live.


Overview

The Village of Glencoe is the northernmost North Shore suburb in Cook County.
 
The population of Glencoe has shrunk over time from its peak of over 10,000 to a 2005 Census Bureau estimate of 7,890.
 
The demographics of Glencoe mirror much of the North Shore. In 2005 the median family income was $218,535. Forty percent of the 25 adult population has earned a college degree, and another 40 percent a graduate degree. Ninety-five percent of the population is white, 2 percent African-American, just under 2 percent Asian and 1.2 percent Hispanic / Latino.
 

Housing stock

For current market information, see the Glencoe Snapshot at Trulia

Glencoe has a higher percentage of its housing stock (approximately 15 percent) in multi-family buildings than Wilmette, Kenilworth or Winnetka, and a higher percentage of homes that were built after World War II. 
 

Teardowns. Between 1996 and 2003 the Village of Glencoe issued demolition permits (PDF file) for 230 homes, representing nearly 8% of the village's housing stock, the highest percentage. 

On the market. At this writing (July 27, 2008), there are 148 single-family homes listed for sale in the MLS, ranging in price from $299,000 to $10,995,000. The median price was just over $1.4 million. Two-thirds of the homes on the market are priced upwards of $1 million. The low price of $299K fetches a 2-bedroom, 2-bath home with a basement and 1-car attached garage that's a two block walk to the Hubbard Woods Metra station. The highest price listing is a 26-room mansion on two acres.

Twenty condos are currently for sale, ranging in price from $179,000  (2 bedrooms, 1 bath) to $835,000 (3 bedrooms, 2.5 baths), with a median of $279,000.

Thirty-one rentals are currently listed in the MLS, ranging from a 1-bedroom apartment in downtown Glencoe at $1,600 a month to a newly-built 5 bedroom home with 3 full and 3 half baths at $14,000 a month.

Religion

In part due to a history of religious discrimination in other North Shore suburbs, Glencoe became home to a significant Jewish population in the middle decades of the twentieth century. 

In addition to a variety of churches, Glencoe is home to North Shore Congregation Israel. Its soaring sanctuary, designed by Minoru Yamasaki, attracts many visitors.

Photos and video

See hundreds of photos of how life's lived in Glencoe at Flickr, and a playlist of Glencoe videos at YouTube. 

ZIP code: 60022
 

A work in progress

This knol is a work in progress that will be updated and expanded. Please add your comments and suggestions for making this and related knolls more useful to anyone considering a move to the North Shore..

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Joseph Zekas
Joseph Zekas
Internet advertising, marketing at Data Based Ads
Wilmette, IL
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Last edited: Jul 27, 2008 10:45 AM.

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