Winnetka Property Management

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Three Pentacles is a trusted property management company in Winnetka, IL. Managing residential properties, commercial properties, HOA associations, and short-term vacation properties, Three Pentacles works hard to provide you with the customized property management service that works for you.

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About Winnetka

Winnetka is a village in Cook County, Illinois, United States, located 16 miles (26 km) north of downtown Chicago. The population was 12,316 as of 2019. The village is one of the wealthiest places in the nation in terms of household income. It was the second-ranked Illinois community on Bloomberg’s 2019 Richest Places Annual Index. In 2020, 24/7 Wall Street ranked Winnetka as the second-best small town to live in the United States. In 1836 the Erastus Patterson family arrived in Winnetka via ox-drawn wagon after a journey from Woodstock, Vermont. Near the Green Bay Trail on a bluff overlooking Lake Michigan, somewhat east of the present Christ Church on Sheridan Road, the Pattersons built a log tavern to provide food and shelter to travelers.

In 1847, John and Susannah Garland and their eight children bought the tavern, which they enlarged. They also built a sawmill, a red brick house for themselves and eventually, Winnetka’s first church-on the Christ Church site in 1869. About 100 people lived in the area when New Trier Township, named after Trier, Germany (the original home of many of the area’s settlers), was organized in 1850. Shortly after and anticipating the construction of the railroad, Chicago pioneer Charles Peck and his friend Walter Gurnee, president of the newly formed Chicago and Milwaukee Railroad’s train service in 1854 assured Winnetka’s suburban future, as the railroad became the major force in the development of the North Shore.

Often called the “founders of Winnetka,” Charles and Sarah Peck built a large house northwest of Elm and Maple Streets. Sarah Peck, who named Winnetka after a Native American phrase thought to mean “beautiful land,” organized the Village’s first school, a private one, in 1856. Charles Peck encouraged the planting of donated elms along Elm Street. In 1869, the Pecks donated the Village Green (also known as the Village Common) to the community. Reflecting the public spirit of its donors, the Village Green remains something of a spiritual center for Winnetka, as well as a meeting place for residents and host to many Village celebrations.

Although it may have looked like a farming community, mid-1850s Winnetka lay only five miles north of Evanston’s Northwestern University-one of the few seats of higher learning in Illinois. Winnetka’s early residents, many from New England, were well-educated, highly religious, and reform minded. Reflecting the values of the time, the Village’s charter, granted by the state in 1869, banned the public consumption and sale of alcohol, while enforcing the planting and protection of shade trees.

Relative to other North Shore communities, Winnetka’s growth was slow prior to 1900. The 1880 population was 584 and grew to 1,883 by 1900. After 1900, the Village started to grow more rapidly, and by 1920, the population had more than tripled to 6,694. Within the next ten years, the Village population doubled to today’s level – 12,187 (2010 Census).

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