Green Ridge, Addison IL Homes & Real Estate

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Addison, Illinois, is a village situated within the Chicago Metropolitan Area, located in DuPage County, Illinois, United States.

History of Addison, Illinois

The village was formally incorporated in 1884, initially boasting a population of 400 residents. Originally named Dunkley's Grove after settler Hezekiah Dunklee, it later adopted the name Addison, believed to be derived from a town in England or Addison, New York. In 1832, Winfield Scott constructed Army Trail Road atop a Potawatomi trail in Addison to facilitate the movement of 50 broad-tired wagons during the conflict with Black Hawk and his warriors.

In 1864, the Lutheran Church–Missouri Synod relocated its teacher training to Addison from Fort Wayne, Indiana, establishing the Addison Teachers Seminary, which operated until 1913 when it moved to River Forest, Illinois, becoming Concordia Teachers College (now Concordia University Chicago). The town was also home to the Kinderheim home for children, comprising over half its population before suburbanization. The suburbanization of Addison began in the 1960s, as developers transformed farmland into residential areas. The population surged from under a thousand in 1930 to 35,000 by 1990.

During the 1960s and 1970s, Adventureland amusement park operated in Addison at Lake and Medinah. Additionally, the Addison Industrial District was considered for the reconstruction of Comiskey Park in the late 1980s, although this proposal was ultimately rejected.

Navigating the Addison, Illinois Real Estate Market and Neighborhoods

Addison, Illinois, is a vibrant and diverse community located in the western suburbs of Chicago. Known for its strong sense of community, excellent schools, and convenient location, Addison offers a variety of real estate options for both families and professionals looking to call this welcoming town home. In this article, we will explore the Addison real estate market, delve into its diverse neighborhoods like Green Ridge, and discover why Addison is an attractive place to live.

Addison Real Estate Market Overview: Best Local Realtors 

The Addison real estate market has experienced steady growth in recent years, making it an attractive destination for homebuyers and investors. Its convenient proximity to Chicago, O'Hare International Airport, and major highways like I-355 and I-290 make it an ideal location for commuters.

Housing Options: Houses and Homes For Sale in Addison Illinois

Addison offers a wide range of housing options to suit various preferences and budgets. From cozy starter homes to spacious family residences, the town has something for everyone. Some of the common housing types in Addison include:

  • Single-Family Homes: These homes are the backbone of the Addison real estate market, with a variety of architectural styles and sizes available. Families often find their dream home in one of Addison's many residential neighborhoods.
  • Condominiums and Townhouses: For those seeking low-maintenance living or looking to downsize, Addison provides a selection of condominiums and townhouses with various amenities.
  • Rental Apartments: Addison also offers a variety of rental apartments, providing flexibility for those who prefer not to buy.

Top Employers in Addison, Illinois

As per Addison's 2022 Comprehensive Annual Financial Report, the largest companies in Addison with the most employees are:

      1. United Parcel Service - 1,700 employees

  • The Pampered Chef - 788 employees

  • Parts Town LLC - 579 employees

  • Walmart - 272 employees

  • Porter Pipe - 235 employees

    • SWD, Inc - 200 employees

Education

Addison hosts Addison Trail High School and Indian Trail Junior High School. The village is also served by several elementary schools including Ardmore, Wesley Elementary, Lake Park Elementary, Fullerton Elementary, Army Trail Elementary, Lincoln Elementary, and Stone Elementary. Additionally, St. Philip the Apostle, a private Catholic school and parish, caters to students from pre-kindergarten through 8th grade. Driscoll Catholic High School, previously located in Addison, ceased operations in 2009. DeVry University and Chamberlain College of Nursing have campuses in Addison as well. Furthermore, Addison features an Early Learning Center catering to 3-5-year-old Pre-K students.

Real Estate Market Trends

Understanding current market trends is crucial when considering buying or selling a property in the Addison, Illinois subdivision of Green Ridge. Here are some trends to keep in mind:

  • Appreciating Home Values: Addison has seen a steady increase in home values in recent years, making it an attractive option for long-term investment.
  • Competitive Market: The Addison real estate market can be competitive, especially for homes in sought-after neighborhoods. Working with an experienced local real estate agent can be advantageous.
  • Diverse Inventory: Addison's diverse housing inventory means there is something to suit everyone's taste and budget.

Community and Amenities

Addison is more than just a place to live; it's a thriving community with plenty to offer. Residents can enjoy numerous parks, sports facilities, and community events throughout the year. The town's commitment to education is evident through its excellent public schools and access to higher education institutions.

 

Search All Addison Illinois Homes For Sale

Addison Home Search June 14, 2024
66
Listed
38
Avg. DOM
$215.12
Avg. $ / Sq.Ft.
$377,000
Med. List Price
66 Properties
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Addison is divided into various neighborhoods, each with its unique characteristics. Let's explore some of the notable neighborhoods in Addison:

  • Medinah: Home to the prestigious Medinah Country Club, this neighborhood offers upscale living and beautiful golf course views.
  • Wood Dale Road Corridor: Known for its convenience, this area offers easy access to major highways, shopping centers, and entertainment options.
  • Historic District: This charming area features picturesque streets lined with historic homes, offering a glimpse into Addison's rich past.
  • Indian Trail: This family-friendly neighborhood boasts excellent schools and parks, making it a popular choice for families.

Green Ridge Subdivision, Addison Illinois, Homes For Sale

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