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1638 Del Ogier Dr
Glenview, IL

1638 Del Ogier Dr

$1,900,000
5 bd • 4 ba • sf

This analysis was generated by artificial intelligence on 1/24/2025. It is for entertainment purposes only and should not be considered as real estate or investment advice.

List Price

$1,900,000

Price/Sq.Ft

$1900000

Year Built

AI Property Analysis

A comprehensive evaluation of this property's features, market position, and investment potential.

The Good

This property at 1638 Del Ogier Dr, Glenview, IL 60025 showcases a stunning modern renovation with high-end finishes. The exterior combines brick and contemporary dark siding, creating a striking curb appeal. Large windows suggest ample natural light inside. The property features a spacious 5-bedroom, 4-bathroom layout, ideal for larger families or those needing extra space. The oversized two-car garage adds significant value, especially in a climate with harsh winters. The well-maintained lawn and mature trees indicate a established, desirable neighborhood. At $1,900,000, it's priced competitively for a luxury home in Glenview, where the median income is $106,519, suggesting a strong local market for high-end properties.

The Bad

While the property appears to be in excellent condition, the lack of specific details about its age and square footage makes it challenging to fully assess its value proposition. The price point of $1,900,000, while potentially justified by the renovation and size, is significantly above the median home value in Glenview, which could limit the pool of potential buyers. Property taxes in Glenview are known to be high, and for a home of this value, they could be a substantial ongoing expense that needs to be factored into the total cost of ownership.

The Ugly

The property's location near Chicago Executive Airport and O'Hare International Airport could subject it to aircraft noise, potentially impacting quality of life and future resale value. Given Glenview's proximity to the North Branch of the Chicago River, flood risk assessment is crucial, especially for a high-value property. The lack of information about recent flood history or mitigation measures is concerning. The competitive nature of Glenview's real estate market, combined with limited inventory, might pressure buyers into making quick decisions without thorough due diligence, which is risky for such a significant investment.

Who is this property for?

These details are presented solely for entertainment purposes and are not meant to steer or limit any prospective buyer.

Best For

This property is best suited for affluent buyers with household incomes well above $300,000 annually, given the purchase price and potential property tax burden. It's ideal for larger families or those who frequently entertain, given the 5-bedroom, 4-bathroom layout. The modern design and finishes will appeal to buyers who value contemporary aesthetics and high-end living. Professionals working in nearby Chicago who desire a luxury suburban lifestyle with good schools and amenities will find this property attractive. The spacious layout also makes it suitable for those transitioning to work-from-home arrangements needing dedicated office space.

Not For

This property is not suitable for first-time homebuyers or those with moderate incomes, given its high price point and potential property tax burden. Investors looking for rental properties might find the high purchase price challenging to recoup through rental income, even with Glenview's relatively high rental rates. Buyers sensitive to noise or concerned about airport proximity should carefully evaluate the property's location. Those seeking a historic or traditional-style home will likely prefer other options, as this property has a distinctly modern aesthetic.
Demographics
Area Median Income

$106,519

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Risk Assessment

Risk Analysis

The primary risks include potential aircraft noise due to proximity to airports, which could affect quality of life and future resale value. Flood risk assessment is crucial given Glenview's geography; without proper mitigation, this could lead to costly damage or high insurance premiums. The high property value might result in substantial property taxes, which have been known to increase in Glenview. Future reassessments could significantly impact the total cost of ownership. The competitive local market might lead to hasty decision-making, potentially overlooking important due diligence. Long-term market trends for high-end properties in suburban areas should be carefully considered, especially if economic conditions shift.

Financials

Monthly Costs

Location & Comparables

Subject Property
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