Why Live in Belmont
Belmont in Downers Grove, IL, is a neighborhood known for its affordability and accessibility, situated about half an hour west of Chicago. The area is bordered by two major highways, enhancing its connectivity. Housing in Belmont primarily consists of condo complexes and apartments, with a few single-family homes, including ranches, Cape Cods, Victorians, and traditional farmhouses. Many homes date back to the 1940s and post-war era, with some properties bordering the golf club or preserve. Belmont students attend highly-rated schools such as Henry Puffer School, Herrick Middle School, and Downers Grove North High School. Recreational features in Belmont include the Belmont Golf Club, a historic nine-hole course, and the Belmont Prairie at Gelwicks Park, which offers trails and wildlife viewing. Nearby, the Morton Arboretum spans 1,700 acres with various events and programs. Dining options within Belmont include chains like McDonald’s and Culver’s, as well as local spots like Alter Brewing Company and Mojo’s East Coast Eats. Essential shopping is available in nearby Lisle, with grocery stores such as Jewel-Osco and Aldi. The neighborhood benefits from the proximity to downtown Downers Grove and Lisle, both offering a variety of restaurants and bars. Annual events in Downers Grove, such as the Summer Concert Series, add to the community's appeal. Belmont's location near Interstate 355 and the Ronald Reagan Memorial Tollway, along with the Belmont train station, makes commuting and travel convenient, with easy access to Chicago and neighboring states.
Frequently Asked Questions
Is Belmont a good place to live?
Belmont is a good place to live. Belmont is considered car-dependent and somewhat bikeable with some transit options. Belmont has 6 parks for recreational activities. It is sparse in population with 2.3 people per acre and a median age of 53. The average household income is $81,085 which is below the national average. College graduates make up 51.8% of residents. A majority of residents in Belmont are home owners, with 28.3% of residents renting and 71.7% of residents owning their home. A
local real estate agent serving Belmont can help you decide if this neighborhood is the right one for you. Learn more on our
Belmont neighborhood guide.
Is Belmont, IL a safe neighborhood?
Belmont, IL is safer than the average neighborhood in the United States. It received a crime score of 3 out of 10.
How much do you need to make to afford a house in Belmont?
The median home price in Belmont is $1,350,000. If you put a 20% down payment of $270,000 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $7,000 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $300K a year to afford the median home price in Belmont. The average household income in Belmont is $81K.
What are the best public schools in Belmont?
The best public schools that serve Belmont are:
What are the best private schools in Belmont?
The best private schools that serve Belmont are:
- The Avery Coonley School has an A+ Niche grade, a student teacher ratio of 9:1 and an average review score of 4.8.
- Benet Academy has an A+ Niche grade, a student teacher ratio of 17:1 and an average review score of 4.2.
- Downers Grove Christian School has an A Niche grade, a student teacher ratio of 9:1 and an average review score of 3.9.
What are the most popular zip codes in Belmont, Downers Grove, IL?
What are the most popular neighborhoods near Belmont, Downers Grove, IL?
Home Trends in Belmont, IL
On average, homes in Belmont, Downers Grove sell after 86 days on the market compared to the national average of 70 days. The median sale price for homes in Belmont, Downers Grove over the last 12 months is $1,225,000, up 131% from the median home sale price over the previous 12 months.
Median Sale Price
$1,225,000
Median 2 Bedroom Sale Price
$999,800
Average Price Per Sq Ft
$625
Number of Homes for Sale
1
Last 12 months Home Sales
13
Median List Price
$1,350,000
Median Change From 1st List Price
9%
Median Home Sale Price YoY Change
131%