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Terramere

Terramere

Suburban Neighborhood in Arlington Heights, Illinois

Cook County 60004

$689,336 Average Value
$249 Average Price per Sq Ft
4 Homes For Sale

Solid ground

Located at the northern end of Chicago’s Arlington Heights suburb, Terramere puts residents at a crossroads of retail, nature, and residential comfort. Terramere, like Arlington Heights, owes its origins to the suburban explosion of the 1950s, when Chicagoland’s metropolitan area boomed in size and population. As a result of this growth, modern Arlington Heights has elements of an urban character. Just six minutes down Arlington Heights Road from Terramere, a bustling downtown shopping district provides locals with both the essentials and plenty of luxurious dining and retail options. Due to its location, Terramere offers homeowners both the peace and quiet of a mostly residential community while also situating them just around the corner from these popular amenities.
Lake Terramere sits at the center of the neighborhood, serving as a picturesque community hub.
Lake Terramere sits at the center of the neighborhood, serving as a picturesque community hub.
Terramere puts residents at a crossroads of retail, nature, and residential comfort.
Terramere puts residents at a crossroads of retail, nature, and residential comfort.
Some Terramere homes have small beach landings to launch kayaks from.
Some Terramere homes have small beach landings to launch kayaks from.
Little free libraries promote a sense of communal learning and sharing in Terramere.
Little free libraries promote a sense of communal learning and sharing in Terramere.
Residents of Terramere walk along shaded sidewalks.
Residents of Terramere walk along shaded sidewalks.
Terramere residents can travel to the Indian Trails Public Library for reading materials.
Terramere residents can travel to the Indian Trails Public Library for reading materials.
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Tranquility at Terramere

Homebuyers find that Terramere offers comfortable living at competitive prices. “You can find any type of home you’d be looking for, from a ranch to a split-level, Victorian homes, and multimillion-dollar homes,” says Realtor Diana Matichyn of Coldwell Banker. “The median price is $350,000, but, if you’re looking for something with a little bit of space for your family, and with a backyard, you’re looking for around $500,000 to $600,000.” Terramere’s winding streets branch off North Arlington Heights Road and surround the tranquil Lake Terramere, a small pond that provides this neighborhood with a beautiful backdrop. “Taxes are not as expensive in Chicago or some North Shore suburbs; you’re paying for quality schooling and wonderful infrastructure.”
Colonials in a variety of styles are the most popular home style in Terramere.
Colonials in a variety of styles are the most popular home style in Terramere.
Homes in Terramere often attached multi-car garages.
Homes in Terramere often attached multi-car garages.
Brick Colonial homes with manicured lawns are a common sight in Terramere.
Brick Colonial homes with manicured lawns are a common sight in Terramere.
Split level homes, shaded by mature trees can be found throughout Terramere.
Split level homes, shaded by mature trees can be found throughout Terramere.
Lakefront homes in Terramere often have private docks for easy access to calm lake waters.
Lakefront homes in Terramere often have private docks for easy access to calm lake waters.
New traditional homes sit beside Tudors on Terramere's residential streets.
New traditional homes sit beside Tudors on Terramere's residential streets.
Most homes in Terramere come with tidy yards and ample space.
Most homes in Terramere come with tidy yards and ample space.
The median home price is in Terramere $350,000, with options for many budgets.
The median home price is in Terramere $350,000, with options for many budgets.
Terramere homes embody a relaxing atmosphere with their waterfront yards.
Terramere homes embody a relaxing atmosphere with their waterfront yards.
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Flora, fauna, fishing and frolicking

Terramere residents have easy access to nature. The Buffalo Creek Forest Preserve, located north of the neighborhood, includes warrens of trails running through marshland that has been home to deer, birds and other wildlife since the 408-acre preservation project began in 1979. At the heart of Terramere, Lake Terramere Park has wide-open grass for picnics and is where locals cast their nets into the retention pond. The park’s playground provides restless children with opportunities for outdoor adventures.
Buffalo Creek Forest Preserve spans 408-acres and includes walking and biking trails.
Buffalo Creek Forest Preserve spans 408-acres and includes walking and biking trails.
Pet owners will enjoy the clear and scenic sidewalks of Terramere.
Pet owners will enjoy the clear and scenic sidewalks of Terramere.
Terramere residents can stay active and train on nearby parks and trails.
Terramere residents can stay active and train on nearby parks and trails.
Terramere golfers can tee off at Nickol Knoll Golf Club.
Terramere golfers can tee off at Nickol Knoll Golf Club.
Local parks in Terramere feature basketball courts and sport fields.
Local parks in Terramere feature basketball courts and sport fields.
Buffalo Creek Forest Preserve is a  popular natural amenity for Terramere residents.
Buffalo Creek Forest Preserve is a popular natural amenity for Terramere residents.
Lake Terramere Park features a playground, fields, and walking paths.
Lake Terramere Park features a playground, fields, and walking paths.
Terramere's Sunset Ridge park includes a playground and basketball court.
Terramere's Sunset Ridge park includes a playground and basketball court.
Wildflowers grow freely in the many parks and nature preserves near Terramere.
Wildflowers grow freely in the many parks and nature preserves near Terramere.
Local wildlife enjoy swimming in Lake Terramere.
Local wildlife enjoy swimming in Lake Terramere.
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A storied education

Henry W. Longfellow Elementary School earns a B-plus grade from Niche and is where students attend before starting at Cooper Middle School, which Niche also gives a B-plus grade. Once students start at John Hersey High School, they can enroll in Advanced Placement (AP) and dual credit courses to earn college credit. This Niche A-plus graded school is named after a pioneer in the art of journalistic storytelling whose traditions live on in the school’s multimedia communications programs like the Hersey Dispatch, which publishes school stories in podcasts and other various platforms.
View of the main entrance of John Hersey High School in Arlington Heights IL.
View of the main entrance of John Hersey High School in Arlington Heights IL.
Buffalo Grove High School is a top rated public school, hitting high marks in academics.
Buffalo Grove High School is a top rated public school, hitting high marks in academics.
Henry W Longfellow Elementary is an above average public school in Buffalo Grove.
Henry W Longfellow Elementary is an above average public school in Buffalo Grove.
Cooper Middle School is a well rated public school in Buffalo Grove, with about 700 students.
Cooper Middle School is a well rated public school in Buffalo Grove, with about 700 students.
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Terramere commuters can hop on the train at the Buffalo Grove Metra station.
Terramere commuters can hop on the train at the Buffalo Grove Metra station.

Commuting to Chicago

Chicago is just an hour’s drive away via Interstates 290 and 294, making for an easy commute into the city, whether for work or pleasure. With suburban quiet, natural scenery, and urban adventures, each within reach, Terramere offers a combination of Chicagoland’s greatest features.

Shop and dine at the Plaza

Arlington Heights offers amenities beyond beautiful homes. “Modern, friendly, and clean, Arlington Heights is a great place to live in, and even better to experience. There are so many restaurants, small businesses, and events; you’ll never be bored,” Matichyn says. While much of this exciting commotion is concentrated downtown, Terramere is situated just across Lake Cook Road from local shopping centers such as Terramere Plaza – home to the popular Yen Yen Restaurant – and Chase Plaza, where gourmands can enjoy the quintessential diner experience at Buffalo Restaurant & Ice Cream Parlor. Visitors may enjoy this restaurant’s burgers, Reuben sandwiches, soups, and other delicacies within a retro, midcentury interior reminiscent of Arlington Heights’ roots in the 1950s.
Terramere Plaza has convenient dining and shopping options.
Terramere Plaza has convenient dining and shopping options.
Enjoy great service long with classic Chinese dishes at Yen Yen in Buffalo Grove.
Enjoy great service long with classic Chinese dishes at Yen Yen in Buffalo Grove.
Check out Buffalo Restaurant & Ice Cream Parlor for a sandwich and a sundae near Terramere.
Check out Buffalo Restaurant & Ice Cream Parlor for a sandwich and a sundae near Terramere.
Southwest of Terramere are big box retailers like Target and Walmart.
Southwest of Terramere are big box retailers like Target and Walmart.
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Jacob Adelhoch
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Jacob Adelhoch
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Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Interested in learning more about homes in this area? Reach out to Bill Dafnis, an experienced agent in this neighborhood.

Parks in this Area

Transit

Airport

Chicago O'Hare International

29 min drive

Crime and Safety

1 - Low Crime, 10 - High Crime Terramere US
Homicide 1 4
Sexual Assault 2 4
Assault with Weapon 1 4
Robbery 2 4
Burglary 3 4
Motor Vehicle Theft 3 4
Larceny 4 4
Crime Score 3 4

Source: WhatIsMyCrimeRisk.com

Terramere Demographics and Home Trends

Housing Trends

Median List Price
$650,000
Median Sale Price
$660,000
Median Single Family Sale Price
$685,000
Median Change From 1st List Price
-2%
Last 12 months Home Sales
15
Median Home Sale Price YoY Change
0%
Average Price Per Sq Ft
$249

Neighborhood Facts

Number of Homes in Neighborhood
478
Number of Homes for Sale
4
Median Year Built
1983
Months of Supply
3.20

Open Houses

  • Saturday, Jun 14
    11am - 1pm

    4227 N Walnut Ave, Arlington Heights, IL 60004

    $719,900

    • 4 Beds
    • 3.5 Baths
    • 2,484 Sq Ft
    • 4227 N Walnut Ave
    • New 2 days ago

    Stunning colonial home, located in the highly desirable Terramere neighborhood with its award-winning schools, is designed to meet all your needs. Upon entering, you are greeted by a warm and inviting foyer adorned with gleaming hardwood floors. The open-concept living and dining area provides an ideal space for formal gatherings, ensuring comfort and elegance for all occasions. The spacious

    Mohan Sebastian Achieve Real Estate Group Inc

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Distribution of Home Values

Source: Public Records

Homes for Sale

Interested in learning more about homes in this area? Reach out to Bill Dafnis, an experienced agent in this neighborhood.

Average Home Value




Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Owners

Demographics

Total Population
1,086
Median Age
46
Population Density
6 ppl/acre
Population under 18
22.5%
On par with the national average
23.8%
Population over 65
23.4%
On par with the national average
19.1%

Finances

Median Household Income
$118,939
Significantly above the national average
$71,702
Average Household Income
$140,818

Education and Workforce

High School Graduates
97.5%
College Graduates
65.6%
Significantly above the national average
34.1%
Advanced Degrees
31%
Above the national average
13.3%
% Population in Labor Force
76.2%

Weather

Annual Precipitation
32''
Average Winter Low Temperature
19°F
Average Summer High Temperature
84°F
Annual Snowfall
17''

Area Factors

Bikeable

Bike Score®

51 / 100

Car-Dependent

Walk Score®

42 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
Terramere