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Chicago Suburb Ranks in Nation’s Top Five Wealthiest Neighborhoods

March 27, 2013

Wealthy Chicago neighborhoodsIf you’re looking for the nation’s wealthiest neighborhoods, you won’t have to search too hard. Kenilworth, Ill. was recently named by Forbes as the fourth wealthiest neighborhood in the country behind two New York enclaves and a Washington DC hotspot. With a median income of $242,188 and an average home sale price of $1 million, the community holds its position as the wealthiest and most exclusive community in the Midwest.

Kenilworth dates back to 1889, when founder Joseph Sears purchased the land for the neighborhood and developed it as a planned community with specific ideas about how a community should be. This included components related to underground utilities, street design, no alleys or fences and high standards for construction. The community grew under the planning and direction of noted architect and town planner George W Maher, who designed 37 homes as well as a number of parks and common grounds in the popular style of Frank Lloyd Wright.

Today, the community continues to flourish and provide high quality homes of a distinctive style, including a number of homes for sale on Realtor.com that stretch into the multimillions with superior school support in both public and private opportunities.

Learn more about this city and its rich history at the Village of Kenilworth website.

About The Author

Read All Stories By Mitch Levinson

Mitch Levinson is the author of “Internet Marketing: The Key to Increased New Home Sales” published by BuilderBooks. He is an Internet marketing expert with expertise in search engine optimization, website development, email marketing, social media and CRM consulting services. He is known for creating effective programs that can be tracked through analytics to prove effectiveness and ROI. Mitch is founder and president of MLC New Home Marketing and MLC FlatFee Realty, as well as managing partner of mRELEVANCE, LLC, a Marketing, Communication, Interactive agency with offices in Chicago and Atlanta. He currently leads the Chicago team. A Multi-Million Dollar Sales Producer who earned an MBA in Computer Information Systems and eCommerce, he brings a unique perspective and experience to the field of real estate communications. Mitch combines the two interests in order to help home builders and developers gain a competitive advantage through the Internet and technology. When he isn’t behind a computer, he enjoys participating in sports and coaching his kids’ teams. Mitch resides in Arlington Heights, Ill., a northwest suburb of Chicago, with his family, which includes two rambunctious labs. Visit my Google+ profile.

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