Land Market Insights and Pricing in Cook County, Illinois

Cook County, Illinois, offers a unique blend of urban development and natural spaces within its 1,635 square miles. Dominated by the sprawling Chicago metropolitan area, the county features exceptionally flat terrain with an extensive Lake Michigan shoreline, providing recreational opportunities and scenic views. The Cook County Forest Preserves, comprising 69,000 acres of protected green spaces, form a verdant belt around Chicago, offering pockets of nature amidst the urban landscape. While the county's land is predominantly developed, with a dense network of highways and suburban hubs, these preserves present rare opportunities for nature enthusiasts. Potential land buyers should note the county's high property tax rate of 1.98%, significantly above the national average. Despite this, Cook County's strategic location, diverse economy led by educational and healthcare sectors, and higher-than-average median worker earnings of $49,298 make it an attractive area for investment and development.