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Chicago's North Shore Insider Guide & Video Directory         
Sunday May 11, 2008
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Evanston

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Evanston, Illinois - Real Estate Market

A Small Town in a Big Pond...or Something Like That
by Marybeth Medrano

Living among the hustle and bustle of Chicago can leave even the most city adapt, power-suit, gym shoe (dress shoes in the portfolio) donning Chicagoan in need of some rest and relaxation. Thankfully, one doesn’t need to take a long weekend to achieve that "small-town" feel to remedy the often robot-like symptoms of a stressful work week. Simply find a way to hop the Purple Line 12 miles north of the Loop to Evanston.

The transit system for rapid transportation to and from the Loop, throughout the Chicago land area and beyond has been making Evanston easily accessible to the growing population of roughly 75 thousand since the early decades of the 1900’s. The increase of transportation systems can be attributed to the number of people passing through, but it’s the charm and innate pulse of the town that’s been making people stay.

However, if you suffer from indecisiveness, then this isn’t the place for you. The dining and retail options are seemingly endless. The critically and consumer acclaimed dining establishments offer foods to tantalize the taste buds from American food to that of the Far East, and every place between, making it easy for anyone to find their comfort food. While the cozy shops lining the scenic streets can help anyone form, shape or feed their persona or explore new hobbies to abandon.

Evanston’s real estate is currently leaning in the buyer’s market, and the price trend per home is falling. The area offers homes in several price ranges, to meet the needs of all, whether an individual, seeking a studio apartment, or a family seeking a home, humble or...not-so-humble. The average cost to build a home in the Evanston area is $237,100. Built into this cost is the ability to take advantage of all the benefits of the increasingly safe, ecologically temperate (in relation to Chicago weather) Evanston area. Evanston’s homes are located near 7 direct train stops into Chicago, and 3 Amtrak stations nearby. For the frequently air-bound, there are 3 commercial and 3 private airports all within 30 minutes away. For families settling in, Evanston has over 20 primary and middle schools, both private and public, along with 12 colleges and universities within 15 miles, including Loyola and Northwestern Universities.

The value of the land in Evanston is only going to go up, with the steady influx of families buying or constructing homes, along with the increase of students attending the educational facilities to draw the already ticking business boom, Evanston is the place to be. The Evanston condo market is booming right now - for more information, see the Optima Views luxury condo. This time of the year is the perfect season to find great deals on numerous houses along with low-interest rates, in fact, the best prices and rates that the area has seen in a long time. Making this oasis to the steel city your home right now is easy, smart and for the moment, affordable. It just makes sense to make your getaway your home, especially when it’s this convenient, so snag yourself some Evanston property and you just may have the best of both the city and suburban worlds...or a happy medium...or some other cliche to make this point.

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