Real Estate and Mortgage Guide for Northbrook, IL

Along the shore of Lake Michigan, and north of Chicago, lies the town of Northbrook. The town receives its name from the Chicago River’s Northern branch that cuts through the town. Northbrook is a part of the wealthier suburbs of Chicago that are collectively called North Shore.

Population and Number of Homes

The most recent census lists the population of Northbrook at 33,000+. With a total of 13,400+ housing units the number of people per square mile is 2.514.

The median age of Northbrook is approximately 48. The breakdown of people by age brackets is as follows. 22% of the people are over the age of 64. 32% are between 45 and 64. 17% are between 25 and 44. 5% are between 18 and 24. 23% are under the age of 18.

Local Economy

Northbrook has a few notable employers in the region. Underwriters Laboratories, the electrical wiring underwriter, has their corporate office located in Northbrook. Crate & Barrel, a home furnishing retail chain, has its home office in Northbrook as well. Here is a list of the top employers based on number of employees.

  • Allstate
  • Kraft Foods
  • Baxter International
  • Walgreens
  • Underwriters Laboratories

Average Weather

Northbrook enjoys a mild climate throughout the year with 4 true seasons. The warmest time of the year occurs in July when the average temperature can get up to 83 degrees. The coldest time of the year is in January when the temperatures can drop to 10 degrees.

Annual rainfall is approximately 32 inches and is spread fairly even over the course of the year. Annual snowfall is approximately 23 inches.

Universities, Colleges and Junior Colleges

Although there are no colleges or universities located within Northbrook, there are several schools within a radius of 15 miles of the city. Some of the nearby schools include:

  • Northwestern University
  • Oakton Community College
  • City Colleges of Chicago – Wilbur Wright
  • Northeastern Illinois University
  • Loyola University of Chicago
  • Harper College
  • City Colleges of Chicago – Harry S Truman

Public School System

The major high school that serves Northbrook is Glenbrook North High School. The remainders of the grades are covered by various school districts based on resident’s address. Here are the major school districts that contribute to Northbrook’s education needs.

  • Northbrook School District 27
  • West Northfield School District 31
  • Northbrook School District 28
  • Wheeling Community Consolidated School District 21
  • Northbrook Glenview School District 30

Private Schools

Cove School is the only private school in the area that offers classes through the 12th grade. Several faith-based organizations operate private schools that have instruction from pre-k through the 8th grade.

Important Stats for Level of Education

For the Northbrook residents that are at least 25 years of age, here are the important education stats.

  • 97% graduated high school
  • 68% earned a bachelor’s degree
  • 31% earned a professional or graduate degree
  • the unemployment rate is 6%

Transportation Options

The Pace bus system serves the area of Northbrook. In addition, citizens can travel on the Metra rail line in to Chicago.

No major airport is located within Northbrook. For commercial flights there is the option of using either Midway or O’Hare airport, both of which are located in Chicago.

Popular Restaurants and Other Hot Spots

A diverse offering of restaurants reside in Northbrook to bring tastes from around the world.

  • Charlie Beinlich’s Food & Tap – American cuisine
  • Di Pescara – Italian menu
  • Ron of Japan – Japanese steakhouse
  • Meatheads – traditional burgers
  • Max and Benny’s Deli – traditional deli
  • Greek Feast – Greek cuisine

Northbrook Public Library is also quite popular among the locals. For 2012 and 2013 the library received a 5 star rating from publication Library Journal. The rating is based on number of visitors, book circulation, internet use and program attendance.

Hospitals

The primary hospital in the area is Samaritan Care. Due to its proximity to other suburbs, and Chicago, the citizens of Northbrook have a wide range of medical facilities at their disposal.

Outdoor Activities

For people seeking the active lifestyle, Northbrook has much to offer. There are several fitness related operations, such as Dahn Yoga, Title Boxing Club, and Kh Kims Tae Kwon Do.

For outdoor pursuits, Northbrook has a range of parks that fill various activity needs.

  • Northbrook Sports Center has swimming pools and skating rinks
  • Village Green is a park with children’s play equipment and wide open spaces
  • River Trail Nature Center has trails along with a few live animals for observing
  • Techny Prairie Park offers skateboarding areas as well as access to fishing on their lake

Why Choose us as Your Northbrook Mortgage Lender?

Inlanta Mortgage has been a banker specializing in mortgage loans since we first opened our doors in 1993 in Brookfield, WI. With licensed offices in 16 states we have the staff and the experience to meet any home loan need.

Scotsman Guide named Inlanta Mortgage as a Top mortgage Lender for the year 2013 and Milwaukee Journal listed us as one of the Top Workplace for the years 2014 and 2015. For three years straight, from 2011 to 2013 Mortgage Executive Magazine listed Inlanta as part of the Top 100 Mortgage Companies in America as well as part of the 50 Best Companies to Work For. Besides these accolades we are proud that Scotsman Guide's #1 USDA Rural Development Loan Originator works for Inlanta and that this individual has reached the status of Platinum Million Dollar USDA Lender as noted by the USDA Rural Housing association.

How to Buy a Home in Northbrook with Little or No Money Down

Of course you want to buy a home in Northbrook with no down payment. Who doesn’t?

Here’s how you do it:

Many people never buy the home of their dreams simply because they don't think they have enough money for the down payment. They have been told through the years that they need 10% or 20% of the purchase price in order to buy a home. Well, this is true for the conventional/conforming loan programs but not for Northbrook Government loans.

So why have so many Lenders told them this?

It’s because selling homes to people with 10% or 20% down is easier than selling homes to people who have little or no money for a down payment. Most mortgage loan officers would rather go after the "easy sale" than try to help people who would rather save the down payment money for a rainy day or for current and future repairs/upgrades.

  • Contact us for more information
    (877) 240-5810
  • Fill out the form and a member of our team will contact you within 24 hours.
  • We will only use this contact information for a one-time consultation unless you request otherwise. Privacy Policy.
  • This field is for validation purposes and should be left unchanged.