Chicago, IL

The Good

• ✓Exceptional walkability and public transit options reduce reliance on a car.
• ✓World-class dining, nightlife, and entertainment options right at your doorstep.
• ✓Extremely short commute to the Chicago Loop (5 minutes).
• ✓Access to highly-rated selective enrollment high schools in the broader Chicago Public Schools district.
• ✓Vibrant, energetic urban atmosphere with a diverse population.

Real Talk

• !The cost of living, particularly housing, is significantly higher than the city average.
• !Expect a dense, bustling environment; quiet residential streets are rare.
• !Green space, while present, is limited compared to more suburban neighborhoods.
• !While schools are highly-rated overall, direct neighborhood schools may vary, and finding traditional family homes with yards is challenging.
• $High HOA fees are common for the numerous condo and apartment buildings.
• $Parking can be expensive and scarce, adding to monthly expenses if you own a car.
• $Illinois property taxes are high, impacting overall ownership costs.
• $Dining and entertainment options, while plentiful, can be pricey.

Best For

Risk Snapshot