Elk Grove Village, IL

Elk Grove Village is a suburb of Chicago, Illinois. The population was 106,824 as of the 2010 census. Elk Grove Village is home to many large retail and commercial centers, including the Promenade at Schaumburg shopping mall, which is one of the largest in Illinois. The village also has a number of high-rise apartments and condominiums.

The real estate market in Elk Grove Village is very active. There are a number of new construction projects underway or planned, and the existing housing stock continues to be in high demand. Average prices for homes in Elk Grove Village have increased significantly over the past few years, reaching $269,000 in 2016 according to Zillow data. This strong demand has led to some bidding wars and record-breaking sales prices for properties in the village.

One reason for the high demand for property in Elk Grove Village is its close proximity to downtown Chicago. The village is just 20 minutes by car from downtown Chicago, making it an ideal location for people who want to live close to all that the city has to offer. Additionally, many businesses located in downtown Chicago are also available within easy reach of residents living in Elk Grove Village. This makes it an attractive option for businesses looking for a suburban location with good access to major metropolitan areas.

Another factor contributing to the popularity of property in Elk Grove Village is its excellent schools system. The village boasts several highly rated schools including Elgin High School (No Child Left Behind), Holy Cross High School (Catholic), and Glenbard North High School (Private). These schools provide excellent opportunities for students from all walks of life and make it easy for families who want their children educated near their homes or work locations. In addition, many top employers located within commuting distance of Elk Grove Village provide additional benefits such as affordable housing options and generous employee benefits packages