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Northern Illinois Information
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About the Northern Illinois, Illinois Area 

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College of Lake County

Encompassing more than 50 communities, Northern Illinois is a thriving region that attracts many new residents each year. Its location between Chicago and Milwaukee, Wisconsin, make it a desirable home for many people who prefer suburban living to the hustle and bustle of the city. 

From military facilities to technology corporations, Northern Illinois supports a strong and diverse economy. The Great Lakes Naval Recruit Training Command, located in North Chicago, is the largest military installation in Illinois and the largest training center in the Navy. Abbott Laboratories, a global healthcare company, has its headquarters and a pharmaceutical research center located in Northern Illinois. Other major employers include Hewitt Associates LLC, Motorola, Kemper Insurance, and Six Flags Great America. Hundreds of other companies can be found in more than 50 business and industrial parks in the region. For professionals who commute, several train lines connect many communities to Chicago.

Six Flags Great AmericaWhen they aren’t working, how do Northern Illinois residents spend their free time? Anyway they want! Lake Michigan and countless smaller lakes throughout the area encourage residents to enjoy various activities such as boating, fishing, and swimming. Lake County’s parks and Forest Preserves come in all shapes and sizes to provide a sanctuary for native plants and wildlife. The peaceful serenity of this natural landscape appeals to many residents who enjoy a quiet hike through groves or birdwatching in the prairies. These parks also provide facilities for dog walking, boating, picnicking, biking, and cross-country skiing. Illinois Beach State Park is a 4,160-acre park located along the Lake Michigan coastline perfect for swimming, boating, picnicking, hiking, fishing, and camping.

Lake County FairgroundsIf the parks and lakes aren’t enough, Northern Illinois also has museums, botanical gardens, sports training facilities, shopping, and a theme park. Six Flags Great America and Hurricane Harbor provide thrilling coasters, water slides, and exciting performances to please children young and old. Find the best deals at many name-brand stores at Gurnee Mills Mall – a shopper’s haven. The possibilities go on and on and will provide countless memories for those living in Northern Illinois. 

Request my Free Grayslake, Libertyville and Northern Illinois Relocation Package. It's packed full of useful and important information about the Grayslake, Libertyville and Northern Illinois, Illinois area. Don't move here without it! Remember: I'll send it to you for free and without obligation. Just fill out the form and I will send it right out... 

It's my job to know EVERYTHING about Grayslake, Libertyville and Northern Illinois! Ask me any question. Or request a FREE information package. There's no obligation, and I promise to get back to you quickly... 

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Real Estate Tips
Financing Your Home >Mortgage Terms

New mortgage loan products offer a more complex selection of terms. Lenders now offer mortgages that are blends of short-term ARMs and 30-year fixed-rate loans with a lower fixed-rate of interest for a period of five, seven or ten years. Be sure that you understand what happens at the end of the initial term before you sign on the dotted line for such a loan.

Many of these loans revert to a 1-year adjustable rate loan at the end of the initial term and can be adjusted once a year based on an index tied to the cost of money. You should know how much over the index your rate will be set and the limit or cap on how much your payments can increase. A "balloon" note requires the entire balance to be paid to the lender after the initial period of the loan ends. Most of these loans require the lender to guarantee to refinance the note at that point if payments have been timely. The lender should spell out how the re-finance rate will be determined and what costs will be involved. These loans can help you buy a more expensive house than you could afford with a 30-year fixed rate mortgage, but be sure that you understand the terms and the potential risks.

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Real Estate Trivia
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What is the world's longest frontier?

A 
At 3,987 kilometers (3,987 miles), the border between Canada and the U.S. is the longest in the world.
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Elizabeth Splitt, REALTOR®, real estate agent and broker for Grayslake, Libertyville and Northern Illinois, Illinois home listings, property and land for sale - NUMBER1EXPERT(tm)

Elizabeth Splitt
Keller Williams

410 Peterson Road
Libertville, IL 60048
Direct: 847-987-4941
Fax: 847-572-0894
Elizabeth@ESplitt.com

Welcome to the Lake County area of Illinois. Team Splitt continues to grow to offer our clients the very best quality service. Our team believes in staying on the cutting edge of technology to help you find a home or sell your home in any real estate market! Elizabeth has also been a lifetime resident of the area and is ready to help you with all of your real estate needs.

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