Living in Rosemont Village, Illinois, offers a unique blend of suburban tranquility and urban convenience, making it an attractive option for those seeking proximity to Chicago without residing directly in the bustling city. With a vibrant entertainment district, strong community feel, and an array of amenities, Rosemont is an appealing place to live.
Pros and Cons of Living in Rosemont Village, Illinois
Living in Rosemont presents both advantages and disadvantages. On the positive side, residents enjoy a location just 15 miles from downtown Chicago, a vibrant entertainment district featuring shopping, dining, and recreational options, and a close-knit community atmosphere. Conversely, the cost of living is notably higher than in nearby suburbs, with median home prices and rental rates reflecting this trend. Additionally, public school options are somewhat limited, which may be a concern for families prioritizing educational choices for their children.
Quality of Life and Cost of Living in Rosemont
The quality of life in Rosemont is rated highly, with a livability score of 77 out of 100, due largely to its low crime rates and abundance of amenities. The village boasts numerous parks, recreational facilities, and entertainment venues. However, the cost of living reflects its desirability, sitting approximately 30% above the national average. Homebuyers can expect median home prices around $350,000, while renters may find average two-bedroom apartments costing around $2,000 per month, making affordability a consideration for many prospective residents.
History of Rosemont Village, Illinois
Founded in 1956, Rosemont was established as a residential community and has since transformed into a burgeoning village. Its strategic location near O’Hare International Airport has played a pivotal role in shaping its growth, particularly in the hospitality and entertainment industries. Key developments include the Fashion Outlets of Chicago and the Donald E. Stephens Convention Center, which have positioned Rosemont as a destination for shopping and events, further enhancing its appeal.
Education and Employment Opportunities in Rosemont
Residents of Rosemont have access to quality educational institutions, including the Rosemont School District 78 and several private schools, contributing to the community’s family-friendly reputation. Employment opportunities are robust, particularly in hospitality, retail, and transportation sectors, with the local economy generating over 30,000 jobs. The presence of major corporations and hotels provides a diverse job market, making Rosemont an attractive location for professionals and families alike.
Recreation and Attractions in Rosemont
The recreational options in Rosemont are plentiful, with venues like the Rosemont Theater and the Parkway Bank Park Theater offering a range of entertainment experiences. The village hosts a variety of events, including the annual Rosemont Summer Concert Series, which draws residents and visitors alike. Additionally, the nearby Rivers Casino provides nightlife and gaming options, while numerous outdoor parks cater to families looking for leisure activities close to home.
Real Estate and Transportation in Rosemont
Real estate in Rosemont is characterized by a mix of single-family homes and condominiums, with a 6% increase in housing values over the past year, indicating a strong market. Transportation is facilitated by easy access to major highways, including I-90 and I-294, as well as the Blue Line train service, which connects residents to downtown Chicago and surrounding areas. This accessibility significantly enhances the area’s appeal to commuters and those who frequently travel for work or leisure.
In conclusion, living in Rosemont Village, Illinois, provides a balanced lifestyle with its proximity to Chicago, strong community ties, and a wide range of amenities. While the cost of living is higher than in some surrounding areas, the quality of life, educational opportunities, and diverse recreational options make it a compelling choice for many residents.