Village of Bannockburn, Illinois (Lake County Illinois Real Estate Reference Guide)
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Real Estate in Bannockburn, Illinois
The village of Bannockburn is a somewhat inconspicuous upper-middleclass suburb
that has catered to its mostly residential population. With narrow, winding
local roads, residents have created a refuge from surrounding development and
a model community built upon a “garden suburb” philosophy. Perhaps because of
its reclusive nature oriented toward its residents' comfort and privacy, the
village has been home to more than its share of sports celebrities. Former Bears
coach Mike Ditka and former Bulls coach Phil Jackson both owned homes there,
along with Cubs legendary third baseman Ron Santo. In line with this tradition,
the town was home to baseball great Kirby Puckett when he played for the team
at Trinity College. Established in 1924 by developer William Aitken, the settlement
was intended to be an exclusive community for members of his bridge group and
country club. The original charter called for homes to be built on no less than
one-acre plots; the community has since expanded requirements to two acres.
Despite Bannockburn's growth, it has remained smaller than most Chicago suburbs. In 2000, the population was only 1,429Population: 1,429 (U.S. Census Bureau, 2000) Median Household Income: $150,415 (U.S. Census Bureau, 2000)
Due to increased development west along Lake-Cook Road and north on the tollway, traffic has become a major problem for residents. Beginning in the late 1980s, local politicians began lobbying the Illinois State Toll Highway Authority for a sound barrier to protect residents from noise. Bannockburn was almost entirely residential until 1968, when the community split over the development of an industrial park. A proposal was eventually approved, and since then several new corporate parks on the northern edge of the village supplement the tax base, with little impact on the residential community. In 1984, the suburb zoned its first commercial area along Route 22, one of the town's few major thoroughfares. Responding to residents' desire for low taxes, Bannockburn has traditionally provided few municipal services. It was not until the late 1970s that the village fielded a full-time police department, and until 1992 the village had no city hall. The village has continued to rely on agreements with neighboring Deerfield for many public services, such as a library, park district, and fire protection.
Recreation -- The village shares recreation services with neighboring Deerfield
at an annual fee.
Schools -- Elementary students attend school in Bannockburn District #106 with 215 enrolled. High school students attend neighboring Township High School District #113 with enrollment of 2,847 at two schools: Deerfield and Highland Park High Schools. Trinity College and Trinity Evangelical Divinity School are also located in the Village of Bannockburn.
Housing -- Custom homes in the Potawatomie Woods comprise the housing stock of Bannockburn. The 2000 median house value was $933,500 and the median rent cost was $684. (U.S. Census Bureau, 2000) The rental housing primarily serves the Trinity International University population.
Government Services -- Fire protection is provided by the Deerfield-Bannockburn Fire Protection District. Police protection is provided by the Village, with seven full-time officers and five part-time officers.
Transportation
-- Metra's Milwaukee District/North Line in neighboring Deerfield provides service
to downtown Chicago in 48 minutes. Access to Chicago by car is made possible
by Interstate 94 or by U.S. Rte. 41.
Distance to the Chicago Loop: 29 miles
Distance to O'Hare Airport: 19 miles
Distance to Mitchell Field: 53 miles
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