Addison, IL

Addison is a city located in Cook County, Illinois, United States. As of the 2010 census, the city had a population of 50,898. Addison is home to several large corporations and businesses such as TD Ameritrade and American Express. The city also has a high concentration of residential properties.

The real estate market in Addison is very active with many homes being sold each month. The average list price for homes in the city was $269,000 in January 2017 according to Zillow. Homes that are available for sale typically stay on the market for around 30 days before being sold. In addition to homes, there are also many commercial properties available for sale in Addison. The average asking price for commercial properties was $1 million as of January 2017 according to Zillow.

One reason why the real estate market is so active in Addison is because of the many jobs that are located in the city. There are over 100 companies that have offices located within the city limits including TD Ameritrade and American Express which account for a large portion of jobs within the city limits. Additionally, there are many other companies that have operations within close proximity to Addison including Caterpillar and 3M which provide additional jobs opportunities for residents of the city.

One downside to living in Addison is that it can be difficult to find affordable housing options within the city limits. The average list price for homes in Addison was $269,000 as of January 2017 according to Zillow which makes it difficult for people who do not have a lot of money to purchase a home here. Additionally, there are not a lot of affordable housing options available outside of the city limits which can make it difficult for people who want to move into or out of town frequently or who need more space than what is available within the confines of Addison