
The combination of a small-town atmosphere and commutable proximity to downtown Chicago has lured many seeking a lifestyle conducive to raising a family.
With an eye toward the continued influx of this population, growth will concentrate mainly on individual homes. According to Abraham, Buffalo Grove is definitely a family community, with 56 percent of the residents having small children. However, she notes that there are still a large number of retirees and empty-nesters, a population she sees growing as the general population ages.
This growing mix of residents might be seen as the future of Buffalo Grove—and the future has already started. A good example is Waterbury Place, a community within the community, developed by Edward R. James Homes. There, town homes, row houses, villas, and duplexes blend with single-family homes, allowing a natural progression of lifestyles. In this community, all of the homes are free from normal maintenance chores. This allows residents more leisure time, a housing trend that has become ever more important in this busy world.
According to Jeanne Martini, Director of Sales and Marketing for the company, this blended community appeals “to the full spectrum of buyers, from couples purchasing their first home, to families with school-age children to empty nesters.” She adds, “What you wind up with is a multi-generational community that people can move up or down within and have easy access to all of the great things that a town like Buffalo Grove offers.”
The entire village offers a safe, peaceful atmosphere, and Abraham cites the physical layout of the village as contributing to the comfortable environment. The village’s tree-lined streets follow a winding pattern, with very few direct routes. In addition, most of the residential neighborhoods include multiple cul-de-sacs, discouraging rapid traffic drive-through and adding to the serene atmosphere.
The lure of Buffalo Grove is obvious not only in housing but also in business. Abraham cites the strong economic base and the stability of the area as one of the biggest draws. The village boasts many upscale shopping centers; it is also home to major business parks that include some of the nation’s largest businesses, including the midwest corporate headquarters for Dow Chemical.
The area is also adapting to commuters, with expanding train service to the stations on Deerfield Parkway and Half Day Road. Thanks to all these things, even as the national housing market has plummeted in recent times, Buffalo Grove has not suffered.
The educational system reflects that stability. As Abraham proudly states, “We have two very highly-respected high schools—Buffalo Grove High School and Stevenson— which are a huge draw.”
That educational prestige is not without cost, and it is reflected in the annual property tax bill. However, Neukirch points out that the school taxes that push that total upward are a positive reflection of the residents’ strong commitment to quality education. She is quick to note that the non-school taxes in Buffalo Grove are in line with other suburbs: “As a village, our tax rate is less than 10 percent of the total bill. Our water rate, for example, is the same rate that we have had since 1982. It’s the lowest rate in the Northwest suburbs.”
As for the future, Neukirch is optimistic: “We will continue to be a very responsive government, and will continue to provide a high quality of life for homes and businesses. We are a great place to live, work, and raise a family.”