Why Live in Pepper Tree
Pepper Tree, a neighborhood in Palatine, is situated in the northwest suburbs of Chicago and benefits from its proximity to the Metra commuter rail line, which provides convenient access to downtown Chicago. Homes in Pepper Tree, primarily built in the 1970s, feature unique architectural elements for their time, such as vaulted ceilings. The neighborhood's housing styles include split-level, ranch, and Colonial Revival, with living spaces ranging from 1,500 to 3,000 square feet. Most homes have three to four bedrooms and are constructed with natural exterior materials like cedar. Notably, many homes lack basements, opting for crawl spaces instead. Residents enjoy amenities like the Eagle Pool, which includes a slide, toddler-friendly area, and diving boards, as well as Eagle Park, which offers a renovated playground, green space, and tennis courts. Nearby, Deer Grove Forest Preserve provides nearly 2,000 acres of natural habitat, while Palatine Hills Golf Course and Country Club offers an 18-hole course and practice facilities. The neighborhood is served by highly rated schools, including Lincoln Elementary School, Walter R. Sundling Junior High School, and Palatine High School. For shopping and dining, Deer Grove Centre features a Jewel-Osco, TJ Maxx, Target, and Ross, along with eateries like Kosta’s Gyros and Rosati’s Pizza. Commuters can easily access Route 53 and O’Hare International Airport, which is about a 25-minute drive southeast. The area is safer than the national average, making it a practical choice for families.
Frequently Asked Questions
Is Pepper Tree a good place to live?
Pepper Tree is a good place to live. Pepper Tree is considered car-dependent and somewhat bikeable. Pepper Tree is a suburban neighborhood with a crime score of 2, making it safer than the average neighborhood in the U.S. Pepper Tree has 9 parks for recreational activities. It is somewhat dense in population with 7.0 people per acre and a median age of 45. The average household income is $113,849 which is above the national average. College graduates make up 64.1% of residents. A majority of residents in Pepper Tree are home owners, with 25.2% of residents renting and 74.8% of residents owning their home. A
local real estate agent serving Pepper Tree can help you decide if this neighborhood is the right one for you. Learn more on our
Pepper Tree neighborhood guide.
Is Pepper Tree, IL a safe neighborhood?
Pepper Tree, IL is safer than the average neighborhood in the United States. It received a crime score of 2 out of 10.
How much do you need to make to afford a house in Pepper Tree?
The median home price in Pepper Tree is $459,500. If you put a 20% down payment of $91,900 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $2,380 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $102K a year to afford the median home price in Pepper Tree. The average household income in Pepper Tree is $114K.
What are the best public schools in Pepper Tree?
The best public schools that serve Pepper Tree are:
What are the best private schools in Pepper Tree?
The best private schools that serve Pepper Tree are:
What are the most popular zip codes in Pepper Tree, Palatine, IL?
What are the most popular neighborhoods near Pepper Tree, Palatine, IL?
Home Trends in Pepper Tree, IL
On average, homes in Pepper Tree, Palatine sell after 42 days on the market compared to the national average of 70 days. The median sale price for homes in Pepper Tree, Palatine over the last 12 months is $459,500, up 91% from the median home sale price over the previous 12 months.
Median Sale Price
$459,500
Median Single Family Sale Price
$459,500
Median Townhouse Sale Price
$685,000
Median 2 Bedroom Sale Price
$139,000
Median 1 Bedroom Sale Price
$649,888
Average Price Per Sq Ft
$237
Number of Homes for Sale
2
Last 12 months Home Sales
28
Median List Price
$459,500
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
91%