This house is a good value at this price. Because short sales are subject to lender approval, the process can often take many months, so a buyer can't count on a speedy transaction. However, it can be a good opportunity for someone with flexibility of time and sufficient available funds.
This house is spacious, has been updated, and sits on a good-sized lot--approximately 70' x 150'. There are 11 five bedroom houses currently available in Glenview in the $275,000-$599,000 range--and many more above that price point. Are you interested in any particular school or district within Glenview? The homes in the above price range include the Avoca School District and the Maine School District in addition to Elementary School District #34, which is the predominant district in Glenview.
Please let me know if you'd like more information about this house or any other options.