Why Buying a Home in Chicago Is Great for Young Couples

Young people and millennials like living and working in bigger cities like Chicago because there are lots of things to do and see. Once they decide to take their relationships to the next level and start cohabitating or decide to get married, things can change, in regards to housing needs, as they start considering a move to the suburbs.

Many couples at this stage still want the benefits of big city living to have access to:Young Girl Buying a House

  • Public Transport
  • Bike Riding
  • Sporting Events
  • Art Galleries
  • Museums
  • Cultural Centers/Events
  • Seasonal Festivals
  • Theater Productions
  • Concerts

In addition, they like living in cities with diverse cultures and easy access to a wide variety of cuisines. As such, some of the best Chicago neighborhoods for young couples are in the Chicago suburbs.

A good number of Chicago suburbs have a large percentage of people who fall into the twenty-something category, as well as others that include young people in their early thirties. This makes it easier to make new neighbors and friends with various community events in the different suburbs.

Another plus for people that need to commute to downtown Chicago or other nearby areas is there are several communities that have Metra rail station stops or easy access to the Chicago Transit Authority (CTA).

Most young people like this access because it means they do not have to worry about the added costs of purchasing a vehicle, finding parking in the city, and other aspects associated with car ownership. Instead, they can use this money toward purchasing a home in the suburbs and, often, can afford to spend more on a home since they do not have the added burden of car payments.

Some of the currently popular suburb neighborhoods with young people and couples, in no particular order, include:Couple Buying a House in Chicago

  • Palatine
  • Lisle
  • Lake Villa
  • Evanston
  • Mokena
  • Woodridge
  • Tinley Park
  • Buffalo Grove
  • Round Lake
  • Lombard
  • Round Lake
  • New Lenox
  • Monee
  • Cary
  • La Grange
  • Lake in the Hills
  • Glencoe
  • Mundelein
  • Winfield

Many of these communities have a lower cost of living, compared to living in Downtown Chicago, which means homebuyers can afford more home per square foot. Not to mention, many of these neighborhoods are also great places to start a family when the time is right, as many are considered to have some of the best schools in the greater Chicago area.

As for those of us who live in the Chicago area, we know not all Chicago suburbs are created equal. It is well worth your time to explore what each one has to offer and make a list of the ones that appeal the most to your needs and housing requirements.

Once you are ready to start shopping for your new home, A and N Mortgage is a great resource for first-time home buyers and provides assistance in getting pre-qualified and pre-approved for a mortgage through one of our various first-time home buyer programs. For further questions about buying a home in the Chicago suburbs or to start the mortgage process, please feel free to contact us at (773) 305-LOAN (773-305-5626) today!

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