Why Live in Capri Village
Capri Village in Palatine, Illinois, is nestled between Deer Grove Forest Preserve and Buffalo Creek Forest Preserve, providing residents with a serene escape from the surrounding busy roads. The neighborhood features a mix of cul-de-sacs and apartment complexes, with nearly half of the residents being renters. Homes in Capri Village range from mid-century to early 2000s builds, showcasing ranch-style and Colonial Revival architecture. The area is known for its affordability, with home prices significantly lower than the Palatine average. Students in Capri Village attend highly rated schools, including Lincoln Elementary School, Walter R. Sundling Junior High School, and Palatine High School, which offers a variety of extracurricular activities.
The neighborhood's proximity to Illinois Route 53 and major roads like Rand, Dundee, and Lake Cook facilitates convenient travel to local attractions and amenities. Residents enjoy a diverse dining scene with options like Los Arcos Mexican Grill, Chicago Culinary Kitchen, and Gators Wing Shack Grill and Pizza. For sweet treats, Morkes Chocolates is a local favorite. Grocery shopping is convenient with stores such as Tianlai Asian Market, Asian Island, and Jewel Osco nearby.
Capri Village boasts two parks: Falcon Park, featuring a large recreation center with various sports facilities, and Osage Park, offering walking paths, playgrounds, and sports fields. The neighborhood also benefits from Palatine's community events, including a Fourth of July celebration, a summer weekend event, and an Oktoberfest in September. With low crime risk areas compared to the national average, Capri Village provides a balanced mix of tranquility, convenience, and community engagement.
Frequently Asked Questions
Is Capri Village a good place to live?
Capri Village is a good place to live. Capri Village is considered car-dependent and somewhat bikeable. Capri Village is a suburban neighborhood with a crime score of 4, on par with the average neighborhood in the U.S. Capri Village has 8 parks for recreational activities. It is very dense in population with 16.9 people per acre and a median age of 36. The average household income is $78,176 which is below the national average. College graduates make up 28.9% of residents. A majority of residents in Capri Village are renters, with 56.9% of residents renting and 43.1% of residents owning their home. A
local real estate agent serving Capri Village can help you decide if this neighborhood is the right one for you. Learn more on our
Capri Village neighborhood guide.
Is Capri Village, IL a safe neighborhood?
Capri Village, IL is a safe neighborhood and is on par with the average neighborhood in the United States. It received a crime score of 4 out of 10.
How much do you need to make to afford a house in Capri Village?
The median home price in Capri Village is $529,000. If you put a 20% down payment of $105,800 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $2,740 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $117K a year to afford the median home price in Capri Village. The average household income in Capri Village is $78K.
What are the best public schools in Capri Village?
The best public schools that serve Capri Village are:
What are the best private schools in Capri Village?
The best private schools that serve Capri Village are:
What are the most popular zip codes in Capri Village, Palatine, IL?
What are the most popular neighborhoods near Capri Village, Palatine, IL?
Are home prices dropping in Capri Village?
Yes, home prices in Capri Village are down 53% in the last 12 months.
Home Trends in Capri Village, IL
On average, homes in Capri Village, Palatine sell after 31 days on the market compared to the national average of 70 days. The median sale price for homes in Capri Village, Palatine over the last 12 months is $507,000, down 15% from the median home sale price over the previous 12 months.
Median Sale Price
$507,000
Median Single Family Sale Price
$469,000
Median Townhouse Sale Price
$280,000
Median 2 Bedroom Sale Price
$935,000
Median 1 Bedroom Sale Price
$800,000
Average Price Per Sq Ft
$215
Number of Homes for Sale
8
Last 12 months Home Sales
118
Median List Price
$529,000
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
-15%