Why Live in Elk Grove Village
Elk Grove Village, Illinois, situated west of O’Hare International Airport in the northwest Chicago suburbs, is a community of nearly 33,000 residents. Known for housing the largest industrial park in the U.S., it supports thousands of jobs and contributes to the lowest tax rate in Cook County. The village is home to the Busse Woods Forest Preserve, offering 13 miles of trails for biking and skiing, a reservoir for ice fishing and boating, and a small herd of elk. Attractions include the Jack A. Claes Pavilion Community Center with an aquatics center and Pirates’ Cove water park for children. Rainbow Falls Water Park is nearby for family fun. The village's proximity to O’Hare Airport means occasional aircraft noise, though it is generally not considered disruptive. Housing styles include mid-20th-century ranch, split-level, and Colonial Revival homes, with some properties adjacent to Busse Woods. Educational opportunities are strong, with Elk Grove High School and James B. Conant High School both receiving high ratings. Shopping is accessible at Elk Grove Town Center and Elk Crossing Shopping Center, while Woodfield Mall in Schaumburg offers extensive retail options. Elk Grove Village is well-connected, with major interstates and public transportation options facilitating easy travel throughout the Chicago area.
Home Trends in Elk Grove Village, IL
On average, homes in Elk Grove Village, IL sell after 27 days on the market compared to the national average of 70 days. The median sale price for homes in Elk Grove Village, IL over the last 12 months is $231,555, down 1% from the median home sale price over the previous 12 months.
Median Sale Price
$231,555
Median Townhouse Sale Price
$280,000
Median 2 Bedroom Sale Price
$200,000
Median 1 Bedroom Sale Price
$165,500
Average Price Per Sq Ft
$223
Number of Homes for Sale
1
Last 12 months Home Sales
73
Median List Price
$219,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-1%