Will County, Illinois ... Showcasing a Great Place to Live, Pt. 1
Will County in Illinois is beating the odds!
The Illinois Association of Realtors recently reported that Will County's median and average home prices rose during the 1st Quarter of 2011 versus the prices of a year ago.
According to the Chicago Tribune's reporter, Mary Ellen Podmolik ... all the national accolades that many of the County's communities have received has definitely boosted the county's reputation as a good place to live. The positive news regarding home prices proves it.
Some of those accolades she speaks of?
* Naperville (and yes, part of it IS in Will County) ... is found often on CNN/Money's "Best Places to Live" list.
* BusinessWeek named Tinley Park (and yes again, part of it IS in Will County) ... the "Best Place to Raise Your Kids" in the entire country for 2010.
Not bad, huh?? Maybe it's because I and my wife are both lifelong residents of Will County (both Manhattan natives) that I announce these accomplishments so enthusiastically. But I've always felt both personally, and as a mortgage originator and former appraiser, that Will County offered a wide and diversified housing market, price point, and choice of lifestyle. A real trifecta of advantages. From rural settings, to multi-family, to upscale lavish homes, Will County has it all.
Major highways make travel within the County fairly easy, especially now that the southern extension of I-355 has been completed. With the addition of this extension, many other major highways have all been connected making adjacent counties, the City of Chicago, and beyond far more accessible to residents and businesses now and in the future.
This highway extension greatly benefits those living within the county that are in need of medical and emergency care. Much of the county population now enjoys faster, more timely access to the hospitals located within its borders, with the new Silver Cross Hospital facility located directly off an I-355 exit and St. Joseph's Provena located within minutes of I-80. The proposed Veteran's Clinic (soon taking over much of the old Silver Cross Hospital campus in Joliet) is just minutes from the I-355 extension as well.
A TMA feasibility study released in May of 2010 stated of Will County:
"Both Population and Employment have been growing, and the number of residents, jobs, and households in southwest Will County are projected to increase by 71%, 121%, and 65%, respectively, between 2000 and 2030".
The many business corridors and complexes that have opened within recent years proves that many envision Will County as a bright-spot financially in the future. The opening of the BNSF Logistics Park in Elwood, along with the new Union Pacific international and domestic services park in Joliet, and soon-to-be opened Ridgeport Logistics Center near Wilmington, have made the County of Will a powerhouse in transportation and business.
Other businesses are to follow suit. The I-80 corridor has long been heralded as a mecca for business expansion of all types, and serves as a focal point for growth of jobs and revenue in the future of the County.
Presently, 53% of Will County's 849.39 square miles is still zoned agricultural (much of it in the south and east portion of the County), leaving plenty of room for development in both housing, business, and employment. (Zoning Data maintained by the Will County Land Use Dept.)
All the information above outlines the many advantages, opportunities, and possibilities that exist for future economic growth within the borders of Will County. All are good indications of what that future may look like for its residents.
In Part 2, I will offer information regarding the lifestyle and housing opportunities that exist with Will County. Please watch for the next segment of this post ...
* When thinking about buying a new home, consider all Will County has to offer ... and then call me for further information. If you're looking for mortgage info and service to finance the purchase of a home in Will County, Chicagoland, or Illinois, please contact me today. There is no cost or obligation to do so. I will be happy to hear from you and have the opportunity to earn your mortgage business.
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