moving to high class suburbs (Chicago, Highland Park: houses, neighborhoods, to buy)

[shalinda]

hello my name is alexis my bother and sister-in-law are moving from detriot michigan. they are looking for a very upscale suburbs to live in.someone at my church told them about barrington hills and bannockburn illinois.they said that everyone that lives out there drives rolls royces and live in big mansion.so my brother and his wife are wonder should they move there because they only drives cadillacs.and they dont want to pay over 5 million dollars for a house they have 3 sons the ages 13,15,18, so they was wondering if that statement was true.so we would appreciate any and all feedback.thank you for your time

[chet everett]

While I am sure that there are some people that live in the towns mentioned do drive the cars mentioned I don't know that would be a reason to choose to live there.

Further, neither town has any restrictions on people only living in big mansions in those areas, plenty of people the towns' residents live only in itty bitty mansions...

[chitown85]

They will be able to buy a nice home in either Bannockburn or Barrington Hills for less than $5 million. They are both the wealthiest of the wealthy suburbs. This shouldn't be a problem. I have seen many Cadillacs and other vehicles driving thru both villages.

[lincolnparker]

Interesting! LAST TIME I CHECKED, lake forest, lake bluff, kenilworth, hinsdale, etc are all more expensive and upscale than Barrington/hills/bannockburn

Originally Posted by chitown85

They will be able to buy a nice home in either Bannockburn or Barrington Hills for less than $5 million. They are both the wealthiest of the wealthy suburbs. This shouldn't be a problem. I have seen many Cadillacs and other vehicles driving thru both villages.

[Aerio]

Originally Posted by shalinda

hello my name is alexis my bother and sister-in-law are moving from detriot michigan. they are looking for a very upscale suburbs to live in.someone at my church told them about barrington hills and bannockburn illinois.they said that everyone that lives out there drives rolls royces and live in big mansion.so my brother and his wife are wonder should they move there because they only drives cadillacs.and they dont want to pay over 5 million dollars for a house they have 3 sons the ages 13,15,18, so they was wondering if that statement was true.so we would appreciate any and all feedback.thank you for your time

Near the southern Lake county-NW Cook county border, there are wealthy neighborhoods: Barrington, Barrington Hills, Inverness, Lake Zurich, Wauconda, Long Grove, Kildeer, amongst many more.

I have a friend who lives in Spring Grove. From her description of the area and the rules of the neighborhood ("no garage may face the street, it will ruin the house's appearance"), that seems like a very wealthy, elitist neighborhood. It's in exurbia, close to the Wisconsin border.

The North Shore of Chicago, as mentioned above, also has expensive neighborhoods.
Highland Park, for example, is where Michael Jordan lives?

Hinsdale has some very beautiful houses too.
That town is in Dupage county.
Near it is Lemont and Burr Ridge, both have expensive houses.

On the eastern border of Kane county are Geneva and Batavia, both are very wealthy neighborhoods.

[chet everett]

If you use the ranking available from the non-forum side of city-data you will have a much more accurate picture of housing values / household income. http://www.city-data.com/city/Illinois.html

Based on the data it would be hard to call many of the above mentions towns 'very wealthy'.

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[chitown85]

Originally Posted by lincolnparker

Interesting! LAST TIME I CHECKED, lake forest, lake bluff, kenilworth, hinsdale, etc are all more expensive and upscale than Barrington/hills/bannockburn

Last time I checked, they were all in the top 1% for median income and household value in the United States.

[Anthera]

Originally Posted by shalinda

hello my name is alexis my bother and sister-in-law are moving from detriot michigan. they are looking for a very upscale suburbs to live in.someone at my church told them about barrington hills and bannockburn illinois.they said that everyone that lives out there drives rolls royces and live in big mansion.so my brother and his wife are wonder should they move there because they only drives cadillacs.and they dont want to pay over 5 million dollars for a house they have 3 sons the ages 13,15,18, so they was wondering if that statement was true.so we would appreciate any and all feedback.thank you for your time

Maybe they should visit these towns before they buy a house. That will give then an idea of what they are really like.

Do they actually live in the city of Detroit? If so BH and Bannockburn might be far to rural for them.

[Aerio]

Originally Posted by chet everett

If you use the ranking available from the non-forum side of city-data you will have a much more accurate picture of housing values / household income. http://www.city-data.com/city/Illinois.html

Based on the data it would be hard to call many of the above mentions towns 'very wealthy'.
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From what I saw, only Kenilworth, Glencoe, and Winnetka registered with well over a million. Hinsdale came close to that mark.

Would you honestly say, though, that these towns are not very wealthy? I suppose it comes to personal perception of wealth?

[US-Traveller]

Michael Jordan actually lives in Miami, Florida now. Juanita Jordan still lives in western Highland Park.

Chicago's North Shore is the most affluent suburban area outside of Chicago.

Top Ten Per Capita from wikipedia:

1. Kenilworth, Illinois – $101,086
2. Glencoe, Illinois – $84,134
3. North Barrington, Illinois – $81,243
4. Lake Forest, Illinois – $77,092
5. Winnetka, Illinois – $77,092
6. Oak Brook, Illinois – $76,668
7. South Barrington, Illinois – $76,078
8. Barrington Hills, Illinois – $73,629
9. Inverness, Illinois – $73,271
10. Golf, Illinois – $69,164