Chicago, IL

The Good

• ✓Exceptional access to world-class dining, nightlife, and art galleries.
• ✓Outstanding public transit connectivity throughout Chicago.
• ✓Extremely short and easy commute to the Chicago Loop.
• ✓Highly educated and affluent population.
• ✓Very walkable, making daily errands and entertainment convenient.
• ✓Access to some of Chicago's top-rated selective enrollment high schools.
• ✓Low flood risk.

Real Talk

• !Housing costs, both for purchase and rent, are significantly above average.
• !The neighborhood is very dense and can be noisy, especially at night.
• !Limited private green space or large parks directly within the core.
• !Not the ideal choice for families prioritizing large homes or a quiet, suburban environment.
• !High density means constant activity and crowds, which isn't for everyone.
• $High property taxes for owners, commensurate with home values.
• $Significant monthly HOA fees for the prevalent condo and apartment buildings.
• $Expensive and often hard-to-find parking if you own a car.
• $The abundance of entertainment options can lead to a higher discretionary spending budget.

Best For

Risk Snapshot