Berkeley, IL

Berkeley, Illinois is a small town located in the heart of the Chicago metropolitan area. The population of Berkeley was 10,851 as of the 2010 census. The median household income was $64,527 and the median family income was $75,000. Berkeley is home to many notable businesses including Abbott Laboratories and Sears Holdings Corporation.

Real estate in Berkeley is very affordable compared to other areas in Chicago. The average price for a home in Berkeley was $157,000 as of May 2016. There are a variety of homes available for sale in Berkeley including single family homes, condos, and townhomes. The majority of homes in Berkeley are owner-occupied which indicates that there is a high demand for real estate in this community.

The schools in Berkeley are highly rated which contributes to the high demand for real estate in this community. There are six elementary schools and three middle schools located within walking distance of each other on one street corner in downtown Berkeley. The high school that serves residents of Berkeley is ranked #1 out of 2,500 public high schools across America by U.S News & World Report magazine.

Overall, real estate prices and availability are very good in Berkeley which contributes to its popularity as a residential community.