Hinsdale, Ill.-based Foxford Communities today announced the start of sales at Somerset Townhomes, a community of 39 upscale townhomes along the lakefront in downtown Lake Zurich, Ill.
Part of a plan to reshape downtown Lake Zurich, Foxford Communities acquired the Somerset property in 2011, completing 10 unfinished townhomes – all of which sold in just eight months – and improving architectural plans for the remaining 19 homes, located across three buildings. Foxford started construction of the final 19 residences in winter 2014, with delivery of the first homes slated for June 2015.
“Lake Zurich has been recognized year after year as being one of the top 10 cities in Illinois for young families largely due to the high-rated schools in District 95,” said Peter Brennan, president of Foxford Communities. “We are excited to help revitalize downtown Lake Zurich by completing the homes at Somerset, which provide an affordable downtown location within walking distance to the lake, shops, restaurants, the weekly summer farmers market and annual downtown community events like the Rock the Block block party.
“The convenient, walkable location, combined with the open floor plans and high-end features, has made it appealing for both first-time homebuyers and downsizers,” added Brennan. “We’ve actually experienced an uptick in first-time homebuyers recently with three who are currently in the process of closing on a new home at Somerset.”
Located on the northwest corner of Old Rand Road and West Main Street, Somerset Townhomes range in size from 1,986 to 2,242 square feet and come standard with three bedrooms, 2 full baths and 2 half baths, an eat-in kitchen, dining room, family room, finished lower level and attached two-car garage.
The first building to be completed includes seven homes that are base-priced from $299,000 to $329,900, while homes in the remaining two buildings, which will be completed in fall 2015, are base-priced from $339,000 to $379,900. The community will be anchored by a courtyard that includes a pond with a waterfall and seating area.
“Each Somerset home features views of the lake and a spacious covered front porch offers the perfect place to sit and enjoy a summer lakeside breeze,” said Brennan.
The Cape Cod-style, three-story townhomes reflect traditional beachside architecture, while the interiors showcase open floor plans that include a gourmet kitchen with a large island and breakfast bar overhang, as well as access to an outdoor balcony. The kitchen flows into the dining and great rooms, making it ideal for entertaining. A finished lower level includes a half bath and flex room that buyers can use as a fitness room, home office or theater room, depending on their needs.
Additionally, each home at Somerset includes a master suite featuring a walk-in closet and private master bath with a walk-in shower and Corian double-bowl vanity.
Other standard features include granite countertops, custom maple cabinets, energy efficient stainless steel appliances, 3-inch wide hardwood flooring throughout the main level, and 12×12-inch ceramic flooring in entryways and baths.
Situated in downtown Lake Zurich, adjacent to a public beach and park, Somerset offers homebuyers the enjoyable lifestyle of lakeside living approximately 38 miles northwest of downtown Chicago.
“It’s a perfect community for outdoor enthusiasts,” said Brennan. “Lake Zurich residents enjoy year-round outdoor activities right in their backyard – whether it’s fishing, boating and kayaking on the 250-acre Lake Zurich or cycling, cross-country skiing and hiking in Cuba Marsh Forest Preserve.”
Sales for Somerset townhomes are being handled by Jeff Ohm of Premier Realty Group. To visit the available home sites, contact Ohm at 847-821-9090 or johm@prg123.com.
About Foxford Communities
Foxford Communities, a Hinsdale-based developer, has successfully developed a number of properties in the Chicago area. Some of Foxford’s most recent developments include an exclusive enclave of luxury homes in the historic Lansdowne Estate in Lake Bluff, Ill., a condominium conversion at Medinah on the Lake in Bloomingdale, Ill., and Van Buren Lofts, a rehabbed condominium loft building in Chicago’s West Loop. Foxford has also recently started sales for the second phase at Hawthorn Trails, a community of custom and semi-custom single-family homes in Hawthorn Woods, Ill.
Somerset townhomes range in size from 1,986 to 2,242 square feet and come standard with three bedrooms, two full baths and two half baths, an eat-in kitchen, dining room, family room, finished lower level, and attached two-car garage.