If you’re planning to buy a house in Illinois, make sure it doesn’t face the city. A window into the metropolis can devalue your home by 28 percent.
It’s difficult to know whether this is the case in the entire state, but it’s safe to assume that this doesn’t apply to downtown Chicago. Illinois’ largest city is known as the birthplace of numerous architectural movements. Its suburb, Oak Park, even boasts a large concentration of Frank Lloyd Wright houses.
Still, while a view of Willis Tower probably won’t hurt your investments, other cities may not be as immune to the state’s aversion to cosmopolitan scenery. Water views, on the other hand, raised the value of properties by 50 percent.
In general, people in Illinois want to enjoy Lake Michigan without pesky skyscrapers interrupting the panorama.