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I recently heard that a lot of young professionals (ages 23-28) are moving to Elmhurst. Is this true, has anyone else heard this?
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They would have to be pretty professional indeed to afford the housing prices there. You see some younger (early 30s maybe) couples there, but I think that's at the upper end of the young professional scale -- Doctors, lawyers and other high paid careers with young children. I don't think many 23 y.o. college grads are moving there, unless they're going into condos (and many of this crowd would prefer the more "collegate" life of the City).
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You see a natural migration of professionals that are married and have their first child and one-on-the way moving to the burbs. Elmhurst is one of the burbs with great access to the city, good schools, great medical facilities and affordable housing. Glen Ellyn and Wheaton are also migration destinations......
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Does a home buyer want better schools or a more convenient (to the city and O'Hare) location? Once the priorities are determined, it's easier for a home buyer to pinpoint which suburbs they target in the search for a home. |
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While I would say it's true that a lot of young professionals are moving to Elmhurst (or at least putting it on their short list), the age bracket is off by 10 years.
Being in my mid-30s and living downtown, I am seeing lots of my friends/acquaintances move to the 'burbs from downtown, and I think Elmhurst's biggest draws are its downtown, good schools, and ease of commute. For the same reasons, LaGrange (and to a lesser extent, Western Springs and Hinsdale) and Evanston are popular places for the 30s migration crowd. As more and more 20-somethings have opted to live in the city, those same folks seem to want some sense of urban life in their downtown. Naperville has a good downtown and good schools, but the commute is too long for many folks working downtown and used to a short commute. I know there are people moving there from downtown, but I personally can think of nobody I know that has moved from the city to Naperville or Glen Ellyn (I do know one couple who went to Wheaton). And I've been living downtown for 10 years now. |
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I would think that 20 somethings would definitely find Elmhurst very boring.
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Not to mention costly. Not much bang for the buck for a 20 something given that a large chunk of what you'd be paying for would be what you're not using -- the schools and child raising environment. Elmhurst is, and has been for awhile, a destination for affluent families with young children who want them to grow up with a white, upper middle class value system. You pay handsomely for that privilege. If one is single, or doesn't have kids yet, the motivation to pay it isn't there.
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Right on. I also think Elmhurst is getting too expensive for what you get these days in my opinion. Lots of stockbrokers - married and move from Lincoln Park, do a teardown. That is what the demographic is there nowadays. VERY upscale - think "little hinsdale"
20 and 30 somethings, would be better off in aurora/naperville, more variety in the housing, and naperville also has a train. Or better yet, downtown. |
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