Buying Property in
Chicago, Illinois – USA

hicago is the largest city in the U.S. state of Illinois and the third most populous city in the United States, with around 2.7 million residents. Its metropolitan area, sometimes called “Chicagoland,” is the third largest in the United States, with an estimated 9.8 million people in the states of Illinois, Wisconsin and Indiana. Chicago is the county seat of Cook County.

Today, the city retains its status as a major hub for industry, telecommunications and infrastructure, with O’Hare International Airport being the second busiest airport in the world in terms of traffic movements. In 2008, the city hosted 45.6 million domestic and overseas visitors. Among metropolitan areas, the Chicago area has the 4th largest Gross Domestic Product (GDP) in the world.

Chicago is an important worldwide centre of commerce.

Statistics:

• Population: 2,707,120 (-6.5% since 2000)
• Median Income: $45,734 (+18.4% since 2000)
• Median Home Price: $261,600 (+81.3% since 2000)
• Median Rent: $886