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Terramere Homes for Sale

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  • /58

    $795,000

    • 5 Beds
    • 3.5 Baths
    • 4,122 Sq Ft

    4116 N Terramere Ave, Arlington Heights, IL 60004

    Welcome to your dream home on Lake Terramere! If you're searching for space and an unbeatable location in Arlington Heights, this is it. Nestled in the sought-after Lake Terramere community and just across from lively Terramere Park, this spacious 5 bedroom (the 5th bedroom in the basement is being used as an office) 3.1-bath home offers stunning lake views and a thoughtful layout perfect for

    Robin Chessick Baird & Warner

    4116 N Terramere Ave, Arlington Heights, IL 60004
  • /31

    $750,000

    • 6 Beds
    • 3 Baths
    • 3,402 Sq Ft

    320 W Brampton Ln, Arlington Heights, IL 60004

    Beautiful, well maintained 6 Bedroom and 3 full bathroom home in Terramere subdivision. First floor bedroom/office with updated full bathroom. Large, inviting open area living room with customized designer ceramic flooring. Separate formal dinning room adjacent to living room. Kitchen as high profile SS appliances and stove with grill converted to gas. NEW, Large, oversize deck off of kitchen

    Mary Childers Keller Williams ONEChicago

    320 W Brampton Ln, Arlington Heights, IL 60004

Why Live in Terramere

Terramere, located in the northern part of Arlington Heights, IL, is a neighborhood that balances retail convenience, natural beauty, and residential tranquility. This suburb, which grew significantly during the 1950s, features a mix of home styles including ranch, split-level, Victorian, and multimillion-dollar homes. The neighborhood's winding streets surround Lake Terramere, providing a picturesque setting. Terramere is known for its highly rated schools, including Henry W. Longfellow Elementary School, Cooper Middle School, and John Hersey High School, which offers Advanced Placement and dual credit courses. Residents enjoy proximity to a bustling downtown shopping district just six minutes away, offering a variety of dining and retail options. Local highlights include Terramere Plaza, featuring the popular Yen Yen Restaurant, and Chase Plaza, home to Buffalo Restaurant & Ice Cream Parlor with its retro midcentury interior. Nature enthusiasts can explore the Buffalo Creek Forest Preserve with its extensive trails and wildlife, or enjoy Lake Terramere Park, which offers picnic areas, a playground, and fishing opportunities. The neighborhood is safer than the national average, providing peace of mind for residents. Additionally, Chicago is just an hour's drive away via Interstates 290 and 294, making it convenient for commuting or city excursions.

Frequently Asked Questions

Is Terramere a good place to live?
Terramere is a good place to live. Terramere is considered car-dependent and bikeable. Terramere has 7 parks for recreational activities. It is fairly sparse in population with 5.9 people per acre and a median age of 46. The average household income is $140,818 which is above the national average. College graduates make up 65.6% of residents. A majority of residents in Terramere are home owners, with 7.4% of residents renting and 92.6% of residents owning their home. A local real estate agent serving Terramere can help you decide if this neighborhood is the right one for you. Learn more on our Terramere neighborhood guide.
Is Terramere, IL a safe neighborhood?
Terramere, IL is safer than the average neighborhood in the United States. It received a crime score of 3 out of 10.
How much do you need to make to afford a house in Terramere?
The median home price in Terramere is $444,950. If you put a 20% down payment of $89,000 and had a 30-year fixed mortgage with an interest rate of 6.72%, your estimated principal and interest payment would be $2,300 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $99K a year to afford the median home price in Terramere. The average household income in Terramere is $141K.
What are the best public schools in Terramere?
The best public schools that serve Terramere are:
What are the best private schools in Terramere?
The best private schools that serve Terramere are:
  • St Mary School has an A Niche grade, a student teacher ratio of 14:1 and an average review score of 5.0.
  • NewHope Academy has a student teacher ratio of 4:1.
What are the most popular zip codes in Terramere, Arlington Heights, IL?
The most popular zip codes in Terramere, Arlington Heights, IL include 60004, 60089, 60074, 60047 and 60090.
What are the most popular neighborhoods near Terramere, Arlington Heights, IL?
The most popular neighborhoods near Terramere, Arlington Heights, IL are South Buffalo Grove, Capri Village, Virginia Lake, Berkley Square and Prairie Park-Lake County.

Home Trends in Terramere, IL

Housing Trends

Median Sale Price
$597,000
Median Single Family Sale Price
$438,500
Average Price Per Sq Ft
$246
Number of Homes for Sale
1
Last 12 months Home Sales
2
Months of Supply
6.00
Median List Price
$444,950
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
55%
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