A community of about 550 residences on the Northwest side of Chicago is often referred to as "Chicago's Finest Community". It is one of the oldest neighborhoods in Chicago. First inhabited by Captain William Hazelton of the 1st cavalry Division, he built the Glen's first barn at what is now Lawler and Foster.

The Forest Glen neighborhood is bordered by the Chicago River to the North, Foster Ave to the South, Cicero Ave to the East and Metra Milwaukee District North line to the West.

Metra provides commuter rail service to Union Station from two stops in Forest Glen on its Milwaukee District North Line. Forest Glen station lies between Forest Glen and Elston Avenues, while Edgebrook station lies just to the north of the intersection of Caldwell, Devon, and Central Avenues.
The Edens Expressway (I-94) has an interchange in Forest Glen with Caldwell Avenue; the Touhy Avenue interchange lies just outside Forest Glen's boundaries in Lincolnwood.

The local public primary schools include Edgebrook Elementary School, Wildwood School, and Sauganash Elementary School. The local Catholic schools are at Queen of All Saints Basilica in Sauganash and St. Mary of the Woods Catholic Church in Wildwood. Catholic children living in Edgebrook choose between the two.

The local public secondary school is Taft High School in Norwood Park, although most residents of the neighbourhood elect to attend either private schools or one of the City of Chicago run selective schools. Private schools typically attended are Saint Ignatius College Prep, Loyola Academy, Notre Dame High School for Boys, or Regina Dominican High School. Selective enrollment schools typically attended include Northside College Prep and Whitney Young Magnet High School.

If you understand the potential pitfalls of purchasing a distressed property - and work with an agent who has a thorough knowledge of the market - you can get a great home at a great price.

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The transaction process for short sales or foreclosures often takes longer than for traditional transactions. It's sometimes not clear which lending institution actually owns a mortgage loan, and it can take time to get it all sorted out – especially if there's a second mortgage involved, which is often the case. It's no surprise that buyers are looking for a bargain - but now, even more people are showing interest in the growing foreclosure market. According to Trulia.com and RealtyTrac, a recent survey shows that 55 percent of U.S. adults are at least somewhat likely to consider a foreclosed home when buying real estate. That's nearly a 10 percent increase from November 2008.