Why Live in Providence
Providence in Elgin is a well-maintained neighborhood characterized by its New Traditional and Colonial-style homes built between 2005 and 2011. These residences, set on quarter-acre lots, often feature stone or brick exteriors and backyard patios. The community also includes condos and townhomes with similar architectural styles. The neighborhood's streets are lined with young deciduous trees and black streetlamps, creating a picturesque setting. Providence is known for its detailed landscaping and built-in basketball hoops, indicating long-term ownership. Residents can enjoy local dining options such as Country Donuts, Maciano’s Pizza & Pastaria, and Sammy’s Mexican Grill and Bar, all located in a nearby strip mall on U.S. Route 20. For shopping, big-box stores like Target and Hobby Lobby are accessible along Randall Road, along with grocery stores Aldi and Meijer. Providence is served by highly rated schools, including Country Trails Elementary School, Prairie View Grade School, Prairie Knolls Middle School, Central Middle School, and Central High School. Westminster Christian School is a nearby private option. The neighborhood features several parks, including Boathouse Park with its pond and playground, Settlers Park, and Heritage Park, which offers a pavilion and sports courts. The Mid-County Trail provides a car-free pathway for walking and biking. Providence is conveniently located near major routes, with U.S. Route 20 to the north and Interstate 290 leading to Chicago, 44 miles southeast. Elgin Train Station, 4 miles east, offers a Metra connection to the city. Local events in Elgin, such as the Elgin Fringe Fest and Downtown Elgin Market, provide additional things to do for residents.
Frequently Asked Questions
Is Providence a good place to live?
Providence is a good place to live. Providence is considered very car-dependent and somewhat bikeable with minimal transit options. Providence is a neighborhood with a crime score of 1, making it safer than the average neighborhood in the U.S. Providence has 2 parks for recreational activities. It has a median age of 39. The average household income is $147,542 which is above the national average. College graduates make up 59.2% of residents. A majority of residents in Providence are home owners, with 7.2% of residents renting and 92.8% of residents owning their home. A
local real estate agent serving Providence can help you decide if this neighborhood is the right one for you. Learn more on our
Providence neighborhood guide.
Is Providence, IL a safe neighborhood?
Providence, IL is safer than the average neighborhood in the United States. It received a crime score of 1 out of 10.
How much do you need to make to afford a house in Providence?
The median home price in Providence is $235,000. If you put a 20% down payment of $47,000 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $1,220 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $52K a year to afford the median home price in Providence. The average household income in Providence is $148K.
What are the best public schools in Providence?
The best public schools that serve Providence are:
What are the best private schools in Providence?
The best private schools that serve Providence are:
What are the most popular zip codes in Providence, Elgin, IL?
What are the most popular neighborhoods near Providence, Elgin, IL?
Are home prices dropping in Providence?
Yes, home prices in Providence are down 62% in the last 12 months.
Home Trends in Providence, IL
On average, homes in Providence, Elgin sell after 301 days on the market compared to the national average of 70 days. The median sale price for homes in Providence, Elgin over the last 12 months is $275,000, down 62% from the median home sale price over the previous 12 months.
Median Sale Price
$275,000
Median Single Family Sale Price
$275,000
Median 2 Bedroom Sale Price
$449,000
Average Price Per Sq Ft
$237
Number of Homes for Sale
2
Last 12 months Home Sales
15
Median List Price
$235,000
Median Change From 1st List Price
5%
Median Home Sale Price YoY Change
-62%