Sorting Through the Real Estate Market in Northern Illinois

Even though it isn't nearly as big as Texas orChicago. Apartments or penthouses in this area will
California, Illinois is currently the fifth most populouslikely be somewhere between $700,000 and several
state in the nation. And, of the millions of people livingmillion dollars. If you are a wealthy, city-dweller, it
in Illinois, 75 percent of them have settled in themight be the place for you, but personally I would
northern part of the state.prefer northern Chicago.
People are drawn to Northern Illinois for manyNorthern Chicago is still very expensive, but there are
reasons. The area is not only beautiful, but successfulbeautiful parks, beaches, running trails and
as well. Universities, favorite 500 companies andneighborhoods in this section. The closer you live to
numerous research facilities all attract students andthe city center though, the pricier the real estate
employees to Chicago and the surrounding cities. Onebecomes. I like this area because it tends to have
reason why businesses thrive there is becausebigger homes and lots, which is nice in such a
northeast Illinois is an ideal transportation hub. With apopulated area.
natural Lake Michigan port on the east side ofAlthough Southern Chicago has a reputation for
Chicago and main waterways like the Mississippi,gangs and poverty, the area possesses favorable
Illinois and Chicago rivers nearby, it is very easy tocharacteristics too. For example, some of the city's
move goods to and from the area. Not to mentionlargest parks are in the southern section and there
the extensive railways that run across the state.are a few middle and upper-class neighborhoods are
With so many people living in and around Chicago,there too. Southern Chicago is largely industrial
there is obviously a vast amount of real estate in thethough.
area to accommodate them. If you are looking forWestern Chicago seems to be a popular area with
Illinois real estate in or around Chicago, just findingstudents and is famous for its ethnic diversity. Median
which houses are for sale can be a little daunting.rent prices in this area are around $500. A few
Before you even begin looking at houses though, Iwell-known neighborhoods in western Chicago include
would recommend learning a little bit about theWicker Park, Garfield Park, Austin and Lawndale.
neighborhoods in and around Chicago. That way, you'llThese overviews barely scratch the surface of the
know more about the environments, price rangesdifferent regions in Chicago, but they may help point
and attractions that are available.you in the right direction. Each area has several
One of the most expensive real estate areas isneighborhoods and each neighborhood possess a
central Chicago. This would include any real estate indifferent flavor. If you need to commute to work,
or around the Loop. The Loop is the second-largestlook for a home near Chicago's excellent public
business district in the U.S. (right after Manhattan).transportation hubs.
Here you'll find all the downtown attractions of