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Park Forest, Illinois   Add Favorite    4 Reviews | Review This Place




Find your Best Mortgage in Park Forest: Fixed Rate, Adjustable Rate, 30 years, 15 years.

Pros

-Economic and cultural diversity
-Arts and culture
-Historic interest and preservation

Cons

-Harsh climate
-Cost of living
-Violent crime


What Bert Has To Say About Chicago-Naperville-Elgin Metro Area


A world-class commercial, industrial and cultural city, Chicago functions as is a major national center and as the major regional center for America’s heartland. It originally emerged as a transport center for cargo headed west and agricultural products headed east by land and water. Although transportation technology has changed, the role has not. The city is the most important passenger and freight transport hub in the country with the largest number of air departures and the most rail traffic in the nation. The commercial and manufacturing economy stands out both for its size and diversity. Over 30 Fortune 500 companies in an assortment of industries have headquarters here. Factories and warehouses extend for miles from the downtown area. Chicago is also a major center for small manufacturing and business. There is probably no more diverse an economy in the country.


Bert Suggests test-driving a neighborhood in Park Forest with an affordable short term rental. Click here to find the right place on Airbnb.


Highlights



Quick Facts About Park Forest


    ECONOMY
    The unemployment rate in Park Forest is 9.30 percent(U.S. avg. is 5.20%). Recent job growth is Positive. Park Forest jobs have Increased by 1.39 percent.
    COST OF LIVING
    Compared to the rest of the country, Park Forest's cost of living is 12.80% Lower than the U.S. average.
    POPULATION
    As of 2014, Park Forest's population is 21,954 people. Since 2000, it has had a population growth of -10.96 percent.
    TRANSPORTATION
    Average Commute time is 21 minutes. The National Average is 26 minutes.
    REAL ESTATE
    The median home cost in Park Forest is $71,500. Home appreciation the last 10 years has been -37.82%.
    SCHOOLS
    Park Forest public schools spend $14,308 per student. The average school expenditure in the U.S. is $12,383. There are about 18.3 students per teacher in Park Forest.

Park Forest Ranked & Rated



Park Forest Housing Market


It's a good time to buy in Park Forest. Home Appreciation is up 2.4% in the last 12 months. Browse Park Forest Real Estate.
The median home price in Park Forest is $71,500. Browse Homes in this Range.
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Reviews for Park Forest, Illinois


Star Rating Not a fan. Not for me. Just okay. Great place. The best place.
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  8/16/2016
Park Forest - It is Coming Back!

I'm happy to share that it IS coming back. I'm very thankful we found this community. Our family (husband, wife, 1 young child) recently bought our a little house here... (Read More)

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  2/16/2014
If Only It Could Come Back

Park Forest is beautiful, but it's going down. You can see tons of green, an excellent library, but also plenty of vacant buildings. In its hay day, it must have been... (Read More)

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  1/28/2013
MEMORIES gone forever

No disrespect to the remaining officials and friends from my upbringing; but, leave town. I read how Park forest continues to fight off urban decay. It's simply a... (Read More)

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