Issue 1
| Spring 2013
Want room to grow Need Koenig & Strey We understand you, and what you want your home to be. Koenig & Strey real estate professionals appreciate that home is both an asset and a reflection of your dreams. As a wholly owned HomeServices of America company, an affiliate of Berkshire Hathaway, our Realtors速 offer world-class services paired with knowledge, insight and understanding. For anything you want in real estate, you need Koenig & Strey. koenigstrey.com
Properties of Distinction is one of the most successful luxury real estate programs in the world because we leverage over half a century of experience, strong relationships with
Feature Stories
real estate networks. When comparing our
Property Showcase 8 Kaleigh Court
tenure and sales record to others in the luxury
pages 6-7
exceptional brokers, luxury media and leading
real estate marketplace, you will find that Properties of Distinction sets the standard for upper bracket representation and offers unparalleled services when incorporating your luxury property within the local, national and international marketplace.
2012 Significant Sales pages 18-19
Featured Builder, Vintage Elegant Family Estates pages 22-23
KOENIG & STREY MARKETING
Take a look at our Properties of Distinction
Nancy Nagy
pages 25-42
President, CEO
Suzanne Boose VP, Marketing & Technology
Koenig & Strey Gives Back pages 46-47
Caitlyn Terrell Director, Luxury & Development Marketing
Agnes Osuchowka Director, Advertising & Creative Services
Tony Bosma Marketing Communications Manager
Jamie Karl
Luxury & Development Coordinator
Kristin McShea Marketing Associate
contributors Marguerite Burke and Anna Burke
Click here to access our portfolio of luxury listings
Table of Contents Letter from our President, Nancy Nagy
page 5
Property Showcase, 8 Kaleigh Court
pages 6-7
What’s Happening at K&S, Events
pages 8-11
Community Spotlight, Winnetka
page 12
Community Spotlight, Chicago - Gold Coast
page 13
Hostess Guide, From the City to the Suburbs
pages 14-15
Trends & Gifts
page 16-17
2012 Significant Sales
pages 18-19
Featured Builder, Vintage Elegant Family Estates
pages 22-23
Properties of Distinction
pages 25-42
Market Update
pages 44-45
Koenig & Strey Gives Back
pages 46-47
Mobile App
page 49
Koenig & Strey Office Directory
page 50
Letter from CEO
As president and CEO of Koenig & Strey, I value the trust you place in our company and I pledge that you will not be disappointed. From our first days in 1961, our integrity, honesty and ethical behavior have created the solid foundation of our company. Throughout the last five decades, Koenig & Strey has built a reputation as a leader in luxury real estate, consistently representing some of the most sought-after homes on the market. From historic lakefront estates in Lake Forest to Magnificent Mile penthouses in Chicago, luxury home buyers and sellers have been well-served by the experienced agents of Koenig & Strey. Our leadership, agents and staff have elevated real estate as a profession to a fine art. We are world-renowned as a luxury company and set the standard for upper bracket representation. We do this by working hard to understand each client’s needs and goals while uncovering and leveraging unique, compelling characteristics of their top-tier properties. We develop and execute finely tuned and customized plans designed to reach and entice the most qualified buyers in the marketplace. Koenig & Strey agents are committed to staying at the forefront of the luxury market by doing all that we can to anticipate your needs and exceed your expectations. Real estate is all about relationships, and you can rest assured that we will leverage our half-century-strong relationships with exceptional brokers, luxury media outlets and global leading real estate networks to your advantage. Gracious Living engages you to discover several facets of luxury living, as advised by our top-tier real estate experts at Koenig & Strey. I hope you will enjoy this edition and invite you to contact the professionals representing the distinguished properties within. Consider this your guide to exquisite living.
Sincerely,
Nancy Nagy President, CEO Koenig & Strey Real Living
8 Kaleigh Court
location South Barrington came from rural roots and still maintains its pastoral feel amidst the growth and development of recent years. Incorporated in 1959 with 131 residents, today South Barrington has over 4,500 residents with 34 subdivisions while still providing a serene setting for neighborhoods situated near office complexes, restaurants, entertainment and retail. South Barrington is home to many thriving businesses and custom entrepreneurs, adding to the richness and diversity of the area. The South Barrington Conservancy is a beautiful, peaceful area within the Village maintained in its treasured natural state by the Conservancy Commission volunteers. The community is justifiably proud of the educational and recreational opportunities offered through their award-winning schools and expansive park system, making South Barrington one of the most coveted northwest suburbs of Chicago to live.
R esidence This timeless, elegant estate in Hidden Lakes speaks to all that is luxe. Boasting 25,000 square feet of opulence and grandeur, the home is adorned with seven bedrooms, eight full baths and four powder rooms. The master artisans from Vintage have created a stunning open floor plan with forty rooms of vision-evoking harmony and
distinction. Expressing endless sophistication and depth, your tour awaits to experience this tour de force, the ultimate in timeless and modern luxury in South Barrington.
V intage Vintage Elegant Family Estates has a simple goal in working with their clients. Their dream is to create a place where families gather, enjoy each other and connect. To accomplish this, they listen to you. Your family is like no other and your home should reflect that individuality and the values your family holds closest: faith, friendship, charity, goodwill and peace. Singular designs and finishes are the hallmark of Vintage Elegant Family Estates insuring their luxury home design places them at the forefront of innovation. Improvement and refinement are the tools of our trade. Our ever-evolving processes are driven by inspiration. We are here to transform your dreams into a reality. In the end your home, like your family, is unparalleled.
Events of 2012
CenterStage 2012
Glenview Office Grand Re-Opening
Glenview Office Grand Re-Opening
Elmhurst St. Patrick's Day Parade
Corporate Challange
CenterStage 2012
Elmhurst St. Patrick's Day Parade
Misericordia Candy Day
Spring into Summer
Lake Forest Veterans Day Parade
Western Suburban Golf Outing
Winnetka Fourth of July Parade
K&S Foundation Event at Chicago Fire Game
K&S Foundation Event at Chicago Fire Game
K&S Foundation Event at Chicago Fire Game
K&S Foundation Event at Chicago Fire Game
K&S Foundation Event at Chicago Fire Game
K&S Foundation Event at Chicago Fire Game
K&S Foundation Event at Chicago Fire Game
Events of 2012
Halloween in Glen Ellyn
Chilli Cook-off in Glen Ellyn
An Evening of Design in Lake Forest Glenview's Holiday in the Park
Libertyville Food Drive
Halloween in Lincoln Park
An Evening of Design in Lake Forest Libertyville Food Drive
Gold Coast Holiday Party
Gold Coast Holiday Party Winnetka Holiday Party
Winnetka Holiday Party
Gold Coast Holiday Party
Toys for Tots - Schaumburg
Habitat for Humanity Build Day
Toys for Tots - Winnetka
Habitat for Humanity Build Day
winnetka s potl ight L IVE. Winnetka Known as one of the most affluent and desirable communities on the North Shore of Lake Michigan, Winnetka is distinguished by its tree-lined streets, its many attractive, traditional homes, and its excellent public and private schools. Residents of Winnetka are well-served by three convenient business districts with an assortment of fine boutiques and restaurants. The Village also maintains recreation facilities, three swimming beaches, a boat launch, a tennis center, and an ice arena.
SH OP . Ellen’s on Elm Known as a central shopping spot along Chicago’s North Shore, Ellen’s on Elm is a must in Winnetka’s retail haven on Elm Street. Ellen Holthaus opened her doors in February of 2009, where the gift shop became the small town boutique with a big heart. The quaint, family run shop focuses on knowing each customer by name, and relish in the opportunity to help find that perfect gift. Their product line includes unique gifts for all seasons and occasions, including those created by local artists.
E a t . Trifecta Owners of two hugely successful restaurants, Mary and Patrick O’Neil opened their third restaurant, Trifecta Grill, this past year. Trifecta’s ambience embraces industrial chic design and decor, enriched with exposed duct work, brick walls and wood-beamed ceilings. Signature cocktails such as the Basil Gimlet Martini along with a unique self-dispensing wine system – allowing for a superior pour – have earned Trifecta its reputation as an urban retreat on the North Shore.
le a rn . New Trier Township The Winnetka school district, District 36, ranks among the best in Illinois. According to US News, New Trier Township High School in Winnetka is the 13th best school in the state, and one of the top 500 in the nation. Private schools include acclaimed North Shore Country Day and Loyola Academy in neighboring Wilmette. Besides academic awards, Winnetka schools have been nationally recognized for their historical significance. The K-4 Crow Island Elementary School, for example, is listed on the national Register of Historic Places. Designed by Larry Perkins and Eero Saarinen in 1940, Crow Island has been acclaimed as one of the most architecturally significant schools in the US.
Photo credit Trifecta
P L A Y . Business for Breakfast Every third Wednesday of each month, the Chamber of Commerce of Winnetka & Northfield hosts an assemblage of business people and entrepreneurs to socialize, network and enjoy some tasty breakfast fare. Each Business for Breakfast features a flexible agenda of casual networking, roundtables, guest speakers and of course, a delicious morning meal compliments of Catered by Design.
gold coast spotli g h t L I V E. Gold Coast The Gold Coast is Chicago’s most prestigious neighborhood, rich in historical significance and artful scenery. Its prime position on the Magnificent Mile and Lake Michigan encompasses the city’s finest shopping, dining and lakefront recreational activities, while its community includes private residences and architecturally renowned high-rises that are home to some of Chicago’s most affluent inhabitants. The Magnificent Mile is the Gold Coast’s shopping mainstay offering upscale retail, while independent boutiques are conveniently found on Oak Street. Also within walking distance are numerous world-class restaurants, museums and cultural institutions.
SHOP. Sofia Among a sea of endless retail options in the Gold Coast, the independent Chicago boutique, Sofia, is a go-to for patrons with a modern, eclectic style. The boutique represents an array of brands and designers, all inspired by the universal style of their iconic namesake, Sophia Loren. Effortless glamour and sophistication punctuated by modern chic is the aesthetic achieved through the collections available at Sofia. Photo credit Tyler Curtis
Eat. Sprinkles
Just off the Mag Mile on Walton Street, Sprinkles is a Gold Coast gem to indulge any visitor looking for a sweet treat. Sprinkles Cupcakes are handcrafted from the finest ingredients, including sweet cream butter, bittersweet Belgian chocolate, pure Madagascar Bourbon vanilla, fresh bananas and carrots, real strawberries and natural citrus zests. Topped with Sprinkles trademark modern dots, rich chocolate sprinkles from France or seasonal sugar decorations, Sprinkles Cupcakes are a deliciously sophisticated update on an American classic.
lea rn. Gold Coast Education levels attained within the Gold Coast population are quite impressive, as the majority of residents hold a Bachelors’ degree or above. In fact, 34% of those residents have a Graduate degree. Close proximity to some of the most renowned public and private schools in the Chicagoland area allow superlative education to remain a top priority for Gold Coast families. Public schools include Walter Payton College Preparatory High School, boasting a 2012 graduating class of 96.9%, which met or exceeded state standards, while award-winning private institution, The Latin School of Chicago is just minutes from the heart of the Gold Coast.
Photo credit Sprinkles Cupcakes
P L A Y . First Friday’s The first Friday of every month the Museum of Contemporary Art Chicago hosts a splendid event of social networking complemented by artistic and cultural éclat. Tickets include museum admission, live entertainment and hors d’oeuvres.
Hostess Guide
f r o m the city t o the s u b u rbs
From the city to the suburbs, mother/daughter interior designers, Marguerite and Anna Burke share a passion for the beautiful things in life. Whether designing the perfectly chic city retreat, or a comfortably elegant suburban haven. Of all things, each feel it is most important to create an inviting, enjoyable atmosphere, making Marguerite and Anna ideal hosts for any gathering. Their seasonal Hostess Guide will give you the tips you need to flawlessly host any occasion, in impeccable style. No one would dare miss one of these gatherings, happy hosting!
What can be more cozy and intimate than a luxury night in? My husband and I throw six to ten dinner parties a year for friends, clients and family; it is our favorite way to entertain. Whether it is a spur of the moment steak and martini night, or a well-planned celebration, the nights are always festive. I try to use menus with one pot meals like Beef Bourgogne or Coq au Vin so that I can relax and enjoy my guests. If the group is larger than six, I enlist catering help with serving and clean up. Green works well as a backdrop in every season. A friend and I threw a birthday party for an Irish friend in December and called it "50 Shades of Green." We dressed our table in emerald green velvet and used boxwood in white planters. We asked all the women to wear green and to give our birthday girl a green gift; a silly, but fun idea. Whatever the season, pick up armfuls of fresh seasonal flowers and use masses in smaller containers for the biggest impact. I always include loads of candles – either tea lights or taller – to add sparkle to the table.
I use fine damask napkins and have them professionally laundered. It costs very little to send them out and it is truly an elegant touch. Place cards are always helpful so guests don't worry about where to go. Dimmers everywhere as well as a great playlist (Pandora is heaven!) make for the most exquisite ambience. Most importantly, enjoy your own party! ~Marguerite Burke
Spring 2013 Hostess Guide Sparkling Rosemary & Pear Cocktail < < < < < < <
1/2 ounce simple syrup 1 ounce pear nectar dry champagne or sparkling white wine steep syrup with rosemary for several minutes then cool shake ingredients with ice in a cocktail shaker strain into a martini glass top with a sprig of fresh rosemary
Hors dâ&#x20AC;&#x2122;oeuvres: A nice selection of cheeses - one soft and creamy and something harder with a little bite - like manchego or aged cheddar. Paired with hummus - especially with a bit of added fresh lemon juice and olive oil drizzled on top is great with fresh vegetables for dipping. Nuts, grapes and olives are colorful additions to the board. Endive, Apple & Roquefort with Citrus Vinaigrette < < < < < <
2 heads Belgian endive - sliced in 1/2â&#x20AC;? slices 1 small head butter lettuce 1 small handful baby arugula or baby kale 1 sweet red apple 2 ounces crumbled blue cheese combine lettuces, apple and cheese in a salad bowl
Dressing: < 1 tsp. honey < 2 T champagne or white wine vinegar < 1 T fresh squeezed orange juice < 3 T olive oil < zest of one whole orange < salt & pepper to taste < whisk dressing ingredients and toss with salad - garnish with fresh pomegranate seeds for color
Main: Slow Roasted Leg of LamB A perfect choice for an elegant springtime gathering. Recipes that can be made several hours before serving time (or even the day before) help make party time less hectic. There is no worry about over or under cooking - the meat is falling off the bone tender and the aroma fills the home. < < < < < < < < < < <
preheat oven to 250 one small leg of lamb - 3 - 4 lbs 2 T olive oil 1 large yellow onion, sliced 1 head garlic - cloves peeled and sliced 1 cup white wine 2 cups chicken stock 2 bay leaves 3 sprigs fresh rosemary 1 t dried thyme 2 T red currant jelly
Have butcher cut lamb in half so it will fit in a large stock or stew pot - like Le Creuset. Heat oil in pot over medium-high heat, sprinkle meat with salt and pepper and brown evenly, add remaining ingredients and bring to a simmer. Cover and place in preheated oven for 4 hours - or until meat is tender and falling off the bone. Remove from oven and skim fat from the top. Liquid can be reduced on stove top by simmering for several minutes if a thicker sauce is desired. Serve on risotto, couscous or mashed new potatoes.
Trends & Gifts Spring 2013 The New York International Gift Fair has identified emerging trends for Spring 2013 to refresh and inspire your home. In this issue we are spotlighting three of those trends.
Marrakesh Express Evoking classic Moroccan aesthetic and design, Marrakesh Express embraces rich jewel tones and intricate patterns paired with aged metal surfaces and distressed finishes. This timeless trend creates the perception and pleasure of being transported to an exotic, yet regal sanctuary.
These vintage cotton blankets from Jayson Home, richly detailed with Moroccan patterns, embody the exotic elegance of Marrakesh Express, adding allure and warmth to any space. As seen in the pages of Chicago Home & Garden
French Moderne Refined French décor and design is the prevailing vision behind this minimalist, smart trend. True to its namesake, French Moderne embraces rich materials like shagreen and ebony. Simplicity is not the entire message; romantic accents with Oriental, Egyptian, and even Baroque elements punctuated throughout are essential to complete the look. As seen in the pages of Chicago Home & Garden
Give the gift of French ambience with this Tubéreuse Rouge candle, diffusing the classic Tubéreuse floral aroma throughout the home. As seen in the pages of Chicago Home & Garden
Graphic Modern Bold geometric and large scale floral prints integrate to create this spring trend. High contrast pieces are the core of Graphic Modernity. Colors, therefore, should be limited to two – white with a rich pop of color to exaggerate the contrast. Modern design with a softer touch, this crisp look is perfect for the modish and chic enthusiast. As seen in the pages of Chicago Home & Garden ThIs luxe wool throw in a variety of bright shades provides that contrasting note fundamental to the Graphic Modern look. Offering style and function, the chic, yet pragmatic hostess will adore the new addition to her home. As seen in the pages of Chicago Home & Garden
Significant Sales of 2012
5 8 1 I ngleside Set within a serene location, this Evanston home offers unmatched privacy along with gorgeous views of the lake and additional park frontage. Featuring two master suites and graciously sized rooms throughout, the home is surrounded by picturesque gardens, sloping lawns and beautiful natural landscape to create stunning scenery in every direction. It is truly a summer oasis all year long. Boasting a stunning backdrop of 185 feet of frontage directly on Lake Michigan as well as access to a private park, this home was considered one of the finest and rarest available on the North Shore in 2012.
Sally Mabadi 847-492-9660 smabadi@koenigstrey.com
1 2 7 7 hackberry This French Country home features over 8,ooo square feet of superbly designed and constructed space. It is a home that lives as beautifully as it looks, a setting that creates a lifestyle of easy family living, gracious entertaining and carefree summer days around the pool. The splendid indoor and outdoor amenities featured throughout including expansive rooms, an ideal Winnetka location with lush professional landscaping and an awardwinning pool and spa, made this a truly exceptional find in 2012.
Betsy Burke 847-565-4264 bburke@koenigstrey.com
1 1 east walton # 3 8 0 2 This fabulous 4,000 square foot home located in the Elysian Private Residences enjoys 180 degree views of the lake and city. The three+ bedroom, three full and one half bath home features two private terraces, 10-foot ceilings, two fireplaces, an eat-in kitchen and two parking spaces. Custom luxury improvements include an exquisite wood paneled dressing room and a Control4 communication system to punctuate the unit's comfort, style and state-of-the art appeal. Because of its artful design and detail, Unit 3802 at 11 E. Walton was one of the eleven most expensive and over $3,000,000 condos in the Gold Coast to close in the first six months of 2012.
Heather Bilandic 312-893-8105 hbilandic@koenigstrey.com Monique Crossan 312-893-8104 mcrossan@koenigstrey.com
2 2 1 8 north kenmore This spectacular Lincoln Park Greystone is primly located on a double lot including a rear and side yard. Well-lit and tastefully crafted, this three story residence boasts a fantastic lower level including a gracious living and entertaining space, large living and dining rooms and a two story chef's kitchen/great room. 2218 N. Kenmore has beautiful, up-to-date finishes covered in sunlight; a true urban oasis. This exceptional home was an amazing piece of property in the heart of Lincoln Park/DePaul. The double lot offered this gorgeous home a true yard, sport court, and sunlight. This was a rare offering of a wonderful home.
emily sachs wong 312-286-0800 esachs@koenigstrey.com
2 1 0 1 north dayton Flooded with light throughout, this home boasts 5,500 square feet of refined design and architecture. The five bedrooms, four full and one half baths, a penthouse den, cherry study, lower level mud room, three decks and a fenced-in yard, as well as a two-car garage are few of many attributes to be enjoyed. An extra wide interior, attractive finishes, elevated ceilings and unique, distinguished design made 2101 North Dayton a highly desirable single family home in Lincoln Park.
Natasha Motev 312-475-4518 nmotev@koenigstrey.com
Want to make a move Need Koenig & Strey We understand you, and what you want your home to be. Koenig & Strey real estate professionals appreciate that home is both an asset and a reflection of your dreams. As a wholly owned HomeServices of America company, an affiliate of Berkshire Hathaway, our Realtors速 offer world-class services paired with knowledge, insight and understanding. For anything you want in real estate, you need Koenig & Strey. koenigstrey.com
Hamptons of Hinsdale offers luxurious Townhomes and Condominium residences appointed with the finest of finishes and a meticulous attention to detail. From the finely crafted architecture to the superb interior amenities and superior quality of construction, you will find that no detail has been overlooked. These unique residences are located on 12.5 generously landscaped acres. Close to downtown Hinsdale, area shopping, and transportation. You owe it to yourself to make an appointment for a personal tour of this truly outstanding new home development.
Development/Builder
S p otl i g h t It has been one year since Koenig & Strey was selected to represent the renowned luxury home builder, Vintage Elegant Family Estates. The project includes their latest developments; Village Enclave of South Barrington, Ridgefield of Huntley, and homes within world renowned Hidden Lakes. Recognizing our status as a leader in luxury marketing, Vintage has entrusted Koenig & Strey and associate broker Jason Pietrucha as the listing agent in bringing this impressive real estate venture to fruition. Village Enclave carries on the tradition from Hidden Lakes, representing the ultimate statement of artistry, style and uniqueness to the community and homeowner. Only fifteen home sites are offered in this maintenance free community, with 3,500-7,500 square foot homes enhanced by Vintage’s custom design approach. Homesites are currently available from $589,000, with homes starting at $1,650,000. Vintage created a true haven with their development Ridgefield of Huntley, where luxury home building meets nature. This European-inspired exclusive community offers 34 1¼ - 2 acre homesites with master planned landscaping and a serene, private setting. An impressive stone entrance with a welcoming gatehouse invites you into a magnificent setting of greenery, rolling hills and beautiful natural ponds. Homesites are currently available from $319,000 with home starting at $299,000. None of this would have been made possible without a solid entrepreneurial foundation, talent and forward thinking as demonstrated by Vintage, directed by builder/designer and President, Joe Elias. A true visionary, Elias built his first luxury home at the young age of 19, setting a tone for extreme attention to detail and uncompromised quality. That home made history, as the first Barrington residence to sell for $1,000,000. There is a reason a company like Elias’ is thriving in a struggling economy, and it’s due to unwavering ideals surrounded around family morals and exemplary craftsmanship met with advanced technology. Describing the philosophy of Vintage, Jason Pietrucha said “Joe Elias and Vintage have a simple goal in working with their clients: to create a place where families gather, enjoy each other, and connect. Their inspiration comes from listening to their clients and designing estates that are specifically built around the family’s individuality, values and dreams. These singular designs and finishes are the hallmark of Vintage, and I have been amazed watching Joe work with his clients—creating a level of customized luxury for each family that stands alone in the marketplace.” The marketing alliance between Koenig & Strey and Vintage signifies a reflection of like-minded business ideals based around client satisfaction. With the inclusion of 9 Brooke Lane and 8 Kaleigh Court on this project,
K&S has the opportunity to utilize and shine in our expertise as luxury residential sellers. “The attention to detail is like nothing else I have seen on the market” stated Margaret Solomon, a Broker with Koenig & Strey, “It is a game-changer for buyers to become inspired with what is possible in the luxury market through intelligent design.” “My clients are still talking about Vintage” Michael Mazzei, Senior Vice President and Branch Manager of Koenig and Strey’s Glenview and Northbrook offices observed, “after viewing 9 Brooke Lane, regarding the level of customization, design, layout and quality represented with such execution and detail.” Mazzei visited the home along with two buyers researching new construction, further noting “This home must be experienced in person to take in the multiple levels of luxury offered.” Vintage’s well-regarded development, Hidden Lakes features three signature properties currently on the market: 9 Brooke Lane, Elias’s personal residence, a 13,000 square foot luxury estate that elicits a strong sense of balance using reclaimed wood, stone and exotic materials thoughtfully, while incorporating the latest in cuttingedge technology, listed for $4,900,000. 20 Brooke Lane, where Elias envisions a resplendent 13,000 square foot custom Italian Villa, listed for $3,900,000. And finally, the jewel in the crown, 8 Kaleigh Court, inspired by world travel, the design invokes Elias’s signature eclectic European aesthetic. The home boasts 25,000 square feet of opulence and grandeur, forty distinctive rooms – including seven bedrooms, seven full and five half baths with superior finishes – and extravagant indoor and outdoor amenities, listed for $16,900,000. In a time when some might ask if the luxury home is a thing of the past, Vintage Elegant Family Estates has found that their business model of offering the finest in custom design and finishes has resulted in robust sales and most importantly, the satisfaction of turning dreams into reality.
About South Barrington Long known for its lovely homes in a setting of rolling countryside and natural beauty, South Barrington has become one of the most sought-after northwestern suburbs of Chicago. The community is justifiably proud of the educational and recreational opportunities offered through their award-winning schools and expansive park system. The spaciousness makes South Barrington a natural for horse farms and miles of riding trails, enjoyed by many residents, along with Grassy Lake and Honey Lake, both lovely fifty-acre areas. South Barrington is also home to thriving businesses and custom entrepreneurs, adding to the richness of the area.
About Vintage Elegant Family Estates Since its inception in 2003, Vintage Elegant Family Estates has offered a comprehensive service to the ultra-luxury home buyer. They build signature homes from Lake Forest to Barrington and across the country. Due to the exclusive nature of their homes, they focus on five to six select clients each year for their grand estates. These clients receive a comprehensive package: from site selection, detailed architectural consulting and design planning with Joe Elias, to the use of the most skilled generation of craftsmen in the country. The design and build process is completely turnkey, going as far as building complete custom furniture tailored to the individual client’s taste. Currently, Vintage Elegant Family Estates is working on projects in Illinois, California and Florida. The company president, Joe Elias, works hands-on with his clients to create rare and timeless custom residences.
Properties of Distinctionâ&#x20AC;&#x201D; taking luxury marketing to the next level. Compare our long tenure, dedication to ethics and exceptional sales record to all others in the luxury real estate marketplace. You will find Koenig & Strey has set the standard for upper bracket representation for over half a century.
Endless possibilities await.
Luxury Property Portfolio
Historic Gold Coast Mansion 1547nDearbornPkwy.com
Frances J. Dewes Mansion 503wWrightwoodAve.com
Chicago, Illinois
Chicago, Illinois
j. kramer & m. bennett 312-475-4543
Mary Bennett 312-893-3551
$18,750,000
$12,500,000
Lincoln Park Finely Crafted Masterpiece 1828nClevelandAve.com
Abundant Elegance and Luxury 800nMichigan3501.com
Chicago, Illinois
Chicago, Illinois
Debra Dobbs 312-307-4909
Helen Applegate 312-893-3587
$5,700,000
$5,700,000
ci ty collection Masterful New Construction 2145nDayton.com
Award-Winning Modern Masterpiece 2231nFremontSt.com
Chicago, Illinois
Chicago, Illinois
Natasha Motev 312-475-4200
emily sachs wong 312-475-4599
$4,595,000
$3,995,000
Bucktown Contemporary on Double Lot 1837nWinchester.com
Over 6,000 Square Feet of Luxury 1942nClevelandAve.com
Chicago, Illinois
Chicago, Illinois
Natasha Motev 312-475-4200
natasha motev 312-475-4200
$3,895,000
$3,695,000
koenig & strey real living
Unmatched Red Brick Georgian 52eBellevuePl.com
Distinguished Home with Stunning Detail 1962nBurling.com
Chicago, Illinois
Chicago, Illinois
Mary Bennett 312-893-3551
N. Motev & J. Hanes 312-475-4200
$3,600,000
$3,495,000
State-of-the-Art Smart Home 1809nSedgwick.com
Classic Vintage with Incredible Views 1430nLakeShore7.com
Chicago, Illinois
Chicago, Illinois
Natasha Motev 312-475-4200
H. Bilandic & C. Gibson Fay 312-893-8105
$3,295,000
$2,950,000
ci ty collection Elegant & Spacious Gold Coast Home 75eElmSt.com
Elegant Gold Coast Brownstone 38eSchillerSt.com
Chicago, Illinois
Chicago, Illinois
MEREDITH MESEROW 312-893-3554
Sarah Taich 847-910-1726
$2,800,000
$2,795,000
New DePaul Contemporary Home 2248nWayneAve.com
Lakeside Gold Coast Masterpiece 1550nStatePkwy601.com
Chicago, Illinois
Chicago, Illinois
Jane Domurot 773-871-7300
Nancy Joyce 312-339-4949
$2,399,900
$2,395,000
koenig & strey real living
Contemporary Palmolive Living 159eWaltonSt11A.com
Exclusive Penthouse with Sweeping Views 1440nLakeShore35A.com
Chicago, Illinois
Chicago, Illinois
Kimberly Gleeson 312-893-3586
Sandra Kite 312-656-8530
$2,295,000
$1,998,000
Gorgeous Newly Renovated Condo 1040nLakeShore9C.com
Finely Detailed Vintage Home 229eLakeShore9W.com
Chicago, Illinois
Chicago, Illinois
Margaret Carlson 312-726-5993
Peter Tortorello 312-893-8136
$1,995,000
$1,987,000
ci ty collection Superior Co-Op Residence with Lake Views BurtonAndLakeShore5B.com
Flawless Penthouse at the Montgomery 500wSuperiorSt2606.com
Chicago, Illinois
Chicago, Illinois
H. Bilandic & M. Crossan 312-893-8105
Terri McAuley 312-330-3211
$1,900,000
$1,695,000
Lincoln Park Row Home on Extra-Wide Lot 1931nMaud.com
Gold Coast Beauty with Stunning Views BurtonAndLakeShore10B.com
Chicago, Illinois
Chicago, Illinois
Natasha Motev 312-952-5650
H. Bilandic & M. Crossan 312-893-8105
$1,595,000
$1,450,000
koenig & strey real living
Lovely Home with Extra-Wide Interior 1915wWolframSt.com Chicago, Illinois
sophia klopas 312-927-0334 $1,300,000
s uburban collection Perennial Modern Luxury 8KaleighCt.com
A Timeless Oasis WoodgateEstate.com
South Barrington, Illinois
St. Charles, Illinois
Jason Pietrucha 847-401-1200
Debra Dobbs 312-307-4909
$16,900,000
$7,900,000
Exceptional 170-Acre Equestrian Center 19000-128thSt.com
Spectacular Winnetka Colonial 39IndianHillRd.com
Bristol, Wisconsin
winnetka, Illinois
kay feldmar 847-557-1626
sandy clifton 847-212-3981
$6,500,000
$3,700,000
koenig & strey real living
Stunningly Crafted Luxury Home 1323HollyLn.com
Nantucket Country Retreat in Winnetka 32IndianHillRd.com
winnetka, Illinois
Winnetka, Illinois
Michael Rosenblum 847-893-8162
Dan Streiff 847-508-3595
$3,595,000
$3,495,000
Winnetka Estate with Lake Views 174SheridanRd.com
Exquisite Home in an Enviable Location 1070SunsetRd.com
Winnetka, Illinois
Winnetka, Illinois
Sherry Molitor 847-204-6282
betsy burke 847-565-4264
$3,295,000
$2,850,000
s uburban collection Exceptional Home with Flourishing Gardens 145EvergreenLn.com
Timeless Elegance on 1.5 Acres 540StablewoodLn.com
winnetka, Illinois
lake forest, Illinois
S. Molitor & J. Keller 847-204-6282
Mona Hellinga 847-814-1855
$2,695,000
$2,650,000
Exclusive Oak Brook Estate 4HuntClubLn.com
Stunning Custom Home 401WoodleyWoodsRd.net
Oak Brook, Illinois
winnetka, Illinois
Mary Bennett 312-893-3551
Betsy Burke 847-565-4264
$2,595,000
$2,495,000
koenig & strey real living
Elegant French Provincial Estate 1255nWilliamSt.com
Colonial Beauty in an Unparalleled Setting 1111SunsetRd.com
River Forest, Illinois
winnetka, Illinois
P. Tortorello & S. Tarara 312-893-8136
Chris Downey 847-784-3045
$2,485,000
$2,450,000
Idyllic & Enchanting Estate 899RosemaryRd.com
Luxury Home Near Downtown Lake Forest 1160nGreenBayRd.com
lake forest, Illinois
lake forest, Illinois
Dede Banks 847-542-0700
Dede Banks 847-542-0700
$2,395,000
$2,395,000
s uburban collection Spacious & Bright Winnetka Home 807BurrAve.com
Estate with Exquisite Details 701PlamondonRd.com
winnetka, Illinois
wheaton, Illinois
Sandy Clifton 847-212-3981
Pattie Murray 630-842-6063
$2,275,000
$2,195,000
Private Country Estate On Over Three Acres 1963WilmotRd.com
David Adler Masterpiece 1010GreenBayRd.com
Bannockburn, Illinois
lake bluff, Illinois
Eileen Campbell 847-757-8151
M. Hellinga & D. Banks 847-615-5000
$1,999,999
$1,995,000
koenig & strey real living
Nantucket Retreat with Exquisite Views 58OverlookDr.com
Classic Home on Large Lot 1183ScottAve.com
golf, Illinois
winnetka, Illinois
Martha May 847-533-0559
Sherry Molitor 847-204-6282
$1,975,000
$1,945,000
Picturesque Glenview Cape Cod 1430PleasantLn.com
Beautifully Updated Home 593RosemaryRd.com
Glenview, Illinois
lake forest, Illinois
Renee Dickman 847-877-5977
Diane & Edie Team 847-735-6377
$1,865,000
$1,750,000
s uburban collection Woods of Ivanhoe Estate 28766nSpyglassCir.com
Charming Nantucket Colonial on Wide Lot 1484AsburyAve.com
ivanhoe, Illinois
winnetka, Illinois
Mary Lou Leboeuf 847-557-1677
Betsy Burke 847-565-4264
$1,745,000
$1,745,000
Exquisite Mansion Retreat 20615-31stSt.com
Elegant Georgian Revival 705MilburnSt.com
Bristol, Wisconsin
evanston, Illinois
Dolores Sullivan 847-557-1666
Sally Mabadi 847-492-9660
$1,495,000
$1,475,000
koenig & strey real living
Picturesque Contemporary on Two Acres 4DunsinaneLn.com
Laurence Booth Contemporary on One Acre 6ButtonwoodLn.com
Bannockburn, Illinois
Northbrook, Illinois
Esther Finne 847-602-7314
Joan McGowan 847-521-4162
$1,399,000
$1,299,500
Beautifully Detailed Custom Home 1770SpruceSt.com
Exquisite Custom Home on Five Acres 17500BridleTrailRd.com
Highland Park, Illinois
gurnee, Illinois
Karen Rappaport 847-338-7833
K. Feldmar & M. Kepler 847-557-1604
$1,295,000
$1,250,000
s uburban collection Elegant Light-filled Home in the Glen 1682IndependenceAve.com
Historic Five-Acre Estate 20934LakeviewPkwy.com
Glenview, Illinois
mundelein, Illinois
Abbie Joseph 847-530-1906
K. Feldmar & M. Kepler 847-557-1604
$1,175,000
$1,175,000
Year-Round Lakefront Retreat 26765nOakdaleLn.com
Charming Craftsman Home in Glen Ellyn 735nMainSt.com
mundelein, Illinois
Glen Ellyn, Illinois
Ellen Oâ&#x20AC;&#x2122;Toole 847-557-1636
Amy Bendigkeit 630-545-5042
$1,100,000
$1,049,900
koenig & strey real living
Gracious Maintenance-Free Living 333eWestminsterRd3B.com lake forest, Illinois
Mona Hellinga 847-814-1855 $995,000
58 Ov e r look D r iv e , Go lf Nantucket Retreat with Exquisite Views! This spectacular Nantucket Cape Cod has been beautifully renovated since its construction in 1948, while maintaining its original character and distinction. The home is situated at the edge of the 15th fairway of Glen View Club with picturesque views of the golf course as well as the historic ‘Dewes Cabin.’ Superior appointments and amenities are afforded throughout the flowing floor plan, making this residence a truly exceptional home in a highly sought-after location. 4,234 sq ft | 5 bedrooms, 4 full baths, 2 half baths | $1,975,000
Martha May,
CRS, GRI, QSC, SFR
847.533.0559 Cell 847.964.1541 Direct mmay@koenigstrey.com V isi t m y w e b si t e a t m a r t h a m a y . c o m to see what I can do for you!
Defining the Art of Living on the North Shore
E xc ep tional 1 70-Acre Equestrian C e nt e r The complex includes a total of 150 stalls, three large indoor, heated arenas with viewing rooms and multiple tack rooms with private lockers. Horses love the spacious indoor grooming and wash stalls! Riders love the kitchen/break rooms, the special quality of baths with showers and lounge/party areas! Four outdoor training arenas and unheard of turnout space! Seventy show stalls provide exceptional accommodations for competitors participating in the many scheduled events and competitions. The on-site tack shop is added incentive to visit this beautiful facility. More than 100 acres of gently rolling hills provide a picturesque setting. The Northwoods’s log home and guest house with views of the lake and pond complete the ambiance of the country lifestyle. Sellers will consider division of property and facilities. Sunflower Farms truly is an exceptional find offering endless possibilities.
Call kay feldmar for details 847-557-1626 office 847-224-5311 cell kfeldmar@koenigstrey.com licensed in Illinois & Wisconsin
www.horsescallithome.com
Market Update a local look Chicagoland sales of luxury homes continued to steadily climb throughout 2012. More than five billion dollars of real estate sold, with an average home sales price of just over $1.5 million. This was a slight decrease in average sales price, as the market conditions favoring buyers produced a competitive environment. Value-driven buyers continued to enter the market, driving up unit sales by 16% and overall sales volume by 14%, compared to the previous year. Shorter market times signaled a shift in the luxury market and provided another positive sign for sellers. Highly sought after Chicago neighborhoods like the Gold Coast and Lincoln Park were luxury hot spots, buyers snapped up 257 and 198 million dollar plus homes. Desirable suburban communities drew attention from buyers as well. Nearly 100 luxury homes were sold in Hinsdale in 2012, and Winnetka has earned the title of busiest suburban luxury market, with 114 sales over $1 million.
Number of Luxury Properties Sold in the Chicagoland Area: 2011-2012
*This data was provided by Midwest Real Estate Data, LLC and includes properties listed and sold by various participants in the MLS. Data supplied by the MLS does not reflect all market activity in the area. (01/01/2011 â&#x20AC;&#x201C; 12/31/2012.)
Pricing remains the final element of the housing recovery in the Chicagoland, which includes the upper bracket properties. A larger volume of distressed properties and the longer judicial prolonged foreclosure process in Illinois mean that our market has not yet seen the gains in value that have been achieved nationwide. However, our market is poised to make slow and steady gains throughout the coming years and we are forecasting a 4-5% increase in prices overall in 2013. Historically low mortgage rates as well as more competitively priced luxury properties continue to spur growth in our local marketplace. We have seen a strong start to 2013, and a marked increase in the number of homes under contract in the first two months of the year, providing more evidence of a strong upward trend.
a national look The US housing market has shown strong signs of recovery, with home sales prices increasing in most major metropolitan areas and strong growth in the number of homes sold as well as new construction projects. Housing is expected to be a driver of economic growth in the coming year, even as national economic factors such as unemployment rates, and tighter credit standards, continue to exert some pressure on the markets.
Predicted growth in job creation and an increase in household formations, along with historically low mortgage rates continue to propel the housing market forward.
US National Price Index Levels
Rates for 30-year fixed rate loans continue to decline, reaching 3.35% in December of 2012 â&#x20AC;&#x201C; a 65-year low. Global economic concerns as well as fiscal policy decisions in the US have generated an atmosphere of ambiguity, driving investors to the US Treasury market. The drop in loan rates, though, is indirectly proportional to buyer interest as the low interest rates offer affordability of homes and considerable buying opportunity. Major home price indices have reflected upward movement in 2012, and that increase is expected to continue throughout 2013. Within the luxury sector, price trends are indicative of a modestly growing market as well. Across the ILHM (Institute for Luxury Home Marketing) prices have remained relatively constant throughout the year with slight increases since November. The outlook is quite optimistic for a sustained recovery in the national housing market.
*(2012, Nov). S&P/Caseâ&#x20AC;&#x201C;Shiller Home Price Indices. Retrieved from http:// www.standardandpoors.com/indices/sp-case-shiller-home-price-indices/en/ us/?indexId=spusa-cashpidff--p-us----Mortgage data source: Freddie Mac Weekly Primary Mortgage Market Survey for 30-year, fixed rate mortgages. Luxury housing source: (2012, Dec). ILHM Luxury Housing Report. Retrieved from http:// www.luxuryhomemarketing.com.
a global look On an international scale, the housing markets have grown at a slower pace than the recovery seen in the US market. While international housing prices have risen above the low points seen during the financial crisis in 2009, prices increased only one percent, from the third quarter of 2011 to the third quarter of 2012, according to the Knight Frank Global House Price Index. Among individual countries, there is a wide variance. Hot spots for increasing home values can be found in Brazil, Hong Kong, Turkey, Russia, Columbia and Austria, which have seen a 10% increase in the past year. The slowest growth among in the Index can be seen in Eurozone countries in the midst of a recession. Greece has been ranked last, sustaining an 11.7% decrease in housing prices over twelve months. Global housing, particularly in Europe, may depend on a US housing recovery in 2013 to stimulate the broader international real estate market.
Top 20 Countries with Highest Price Index Growth Percentages
*Everett-Allen, Kate. European performance weighs on global housing markets. Residential Research Global House Price Index, Knight Frank, Q3 2012. Retrieved from http://my.knightfrank.com/researchreports/global-house-price-index.aspx.
Koenig & Strey Foundation H abitat for H u manity S elected as 2 0 1 3 C harity The Koenig & Strey Foundation has announced that Habitat for Humanity will be the focus of our 2013 fundraising efforts. The Foundation recently participated in our first Build Day at a house in Waukegan. A crew of twenty-one Ambassadors from each Koenig & Strey office and the Board members worked to add siding, windows, soffits and fascia to the exterior of the two-story house along with framing work on the inside. “As real estate professionals, this was a very meaningful way for us to give back. We believe that everyone should have stable housing, and we want to make the American Dream a reality for more families,” said Joe Stacy, Chairman of the Koenig & Strey Foundation and a managing broker with Koenig & Strey’s Schaumburg office. “Habitat for Humanity is an exceptional group, and an ideal partner for our charitable efforts,” commented Nancy Nagy, President & CEO of Koenig & Strey. “Their long-term approach helps families move into homes, is also effective at breaking the cycle of poverty, building longterm financial security.” The Foundation also provided material support to the organization, donating the proceeds from our Chicago Fire Soccer Outing held in September. The day was made possible by the generosity of agents and associates, along with the support of Wells Fargo Home Mortgage and Xfinity/Comcast, as well as the site lunch for the Build Day provided by Hassett Commercial Moving and Storage of Elmhurst. The Koenig & Strey Foundation can build more houses with your support. Please visit our website for information about making a donation.
K oenig S trey F o u ndation . com
a letter from the fo u ndation C hairman From the soccer field to the top of a two-story scaffold, the journey to our first home building experience was a fantastic one. What an incredibly rewarding day it was to be onsite with Habitat for Humanity! Every nail that was struck, every window hung, every board, siding and fascia cut were all small and individual acts of kindness, made possible by your support. I can only imagine the joy this family will have when they finally move into their new home. I am so proud that the Foundation was part of that. As real estate agents, I am proud to be giving back to the community in this way. Iâ&#x20AC;&#x2122;m proud of every one of our hardworking Ambassadors, and thank them for their leadership in the offices. I look forward to telling the story to all our agents and clients about what it is like to be a part of Habitat for Humanity. Building more houses will require your help, and the agent auto-deduction contributions are the nails that will hold the project together. Please consider signing up today.
In kindness,
Joe Stacy Koenig & Strey Foundation Chairman
financing available
Hamptons of Hinsdale offers luxurious Townhomes and Condominium residences appointed with the finest of finishes and a meticulous attention to detail. From the finely crafted architecture to the superb interior amenities and superior quality of construction, you will find that no detail has been overlooked. These unique residences are located on 12.5 generously landscaped acres. Close to downtown Hinsdale, area shopping, and transportation. You owe it to yourself to make an appointment for a personal tour of this truly outstanding new home development.
Mobile App Find Your Home on the Go
koenig & strey apps put home search in the palm of your hand The Koenig & Strey Real Living mobile app and agent mobile apps, provide a more convenient way for clients to search for homes and contact a Koenig & Strey agent. The app is available in the iTunes App Store, Google Play, and Blackberry App World.
Features of the
Koenig & Strey
mobile app include: ■
Locate homes and rentals nearest the user’s current GPS location, or in a specific area.
■
Sort by open house, new listing, or price reduced, as well as advanced search features to refine custom search results.
■
Contact an agent by phone or e-mail directly from the Koenig & Strey app.
■
Save favorite properties in app for fast and convenient access later.
In addition to the Koenig & Strey app, each agent has a unique version to share with their clients, allowing buyers to easily connect with their preferred agent to get information about any property. This app is available on each agent’s personal website.
Office Directory Chicago – Gold Coast
Chicago – Lincoln Park
Chicago – Webster
900 North Michigan Avenue, Ste 800 Chicago, Illinois 60611 312-944-8900 Branch Manager: Jeani Jernstedt Asst Branch Manager: Kevin Snow
1800 North Clybourn Avenue Chicago, Illinois 60614 312-642-1400 Branch Manager: Darlene Little Asst Branch Manager: Amanda Austin
1214 West Webster Avenue Chicago, Illinois 60614 773-404-0170 Branch Manager: Michael Mazzei Asst Branch Manager: Justin Greenberg
Deerfield
Elmhurst
Evanston
656 Deerfield Road Deerfield, Illinois 60015 847-945-8200 Branch Manager: Michael Mazzei Asst Branch Manager: Justin Greenberg
210 North York Street Elmhurst, Illinois 60126 630-834-0582 Branch Manager: Pat Wargowski Asst Branch Manager: Stephen Haas
2110 Central Street Evanston, Illinois 60201 847-492-9660 Branch Manager: Mary Ellen Tainer
Glen Ellyn – Wheaton
Glenview
Lake Forest
550 Pennsylvania Avenue Glen Ellyn, Illinois 60137 630-469-7000 Branch Manager: Pat Wargowski Asst Branch Manager: Stephen Haas
2630 Valor Drive Glenview, Illinois 60026 847-510-5000 Branch Manager: Michael Mazzei Asst Branch Manager: Justin Greenberg
280 E. Deerpath Road Lake Forest IL 60045 847-234-8400 Branch Manager: Mona Hellinga
Libertyville
Naperville
Northbrook
100 N. Milwaukee Avenue Libertyville IL 60048 847-362-6200 Branch Manager: Jackson Sanderson
750 Diehl Road Suite 130 Naperville, Illinois 60563 630-548-1800 Branch Manager: Pat Wargowski Asst Branch Manager: Stephen Haas
1925 Cherry Lane Northbrook, Illinois, 60062 847-272-0330 Branch Manager: Michael Mazzei Asst Branch Manager: Justin Greenberg
Park Ridge
Schaumburg
Winnetka
122 Main Street Park Ridge, Illinois 60058 847-823-4144 Branch Manager: Eileen O’Grady Newell
2570 North Schaumburg Road Schaumburg, Illinois 60194 847-874-6800 Branch Manager: Joe Stacy
538 Chestnut Street Winnetka, Illinois 60693 847-441-6300 Branch Manager: Mary Ellen Tainer