Elmwood Park, Machesney Park, IL
Elmwood Park — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Elmwood Park, Machesney Park, Illinois. Explore the cited sources and local facts below while agent underwriting continues.
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Elmwood Park Neighborhood Overview
Elmwood Park is a residential neighborhood within the village of Machesney Park, Illinois. Located in Winnebago County with the ZIP code 61115, it offers a suburban atmosphere north of Rockford. The community is known for its quiet streets and family-friendly environment.
Lifestyle & Amenities
Residents enjoy a convenient lifestyle with easy access to local shopping and dining along North Second Street and Illinois Route 173. The neighborhood's location provides proximity to larger retail centers and services in the greater Rockford area. Outdoor recreation is available at nearby parks and along the Rock River.
Real Estate Market
The real estate market in Elmwood Park is characterized by single-family homes that offer solid value. According to U.S. Census data, the median home value in the area is $150,400. This affordability makes it an attractive option for first-time homebuyers and families.
Schools & Education
Families in Elmwood Park are served by the Harlem School District. The district operates several elementary, middle, and high schools in the Machesney Park and Loves Park areas. This provides students with educational opportunities close to home.
Transportation & Connectivity
Major routes like Illinois Route 173 and North Second Street provide excellent connectivity for commuters. The neighborhood offers straightforward access to Interstate 90 and U.S. Route 20, facilitating travel to Rockford, Beloit, and beyond. Public transportation options are available through the Rockford Mass Transit District.
Why Choose Elmwood Park
Elmwood Park is an ideal choice for those seeking an affordable, stable community in the Rockford metro area. With a median household income of $70,500, it represents a comfortable suburban lifestyle. Its blend of quiet living, convenience, and value continues to attract residents.
Sources
- U.S. Census Bureau, American Community Survey 5-Year Estimates (2022) — data.census.gov
Elmwood Park Market Data
| Metric | Value |
|---|---|
| Median Home Price | $150K |
| Median Gross Rent | $1K/mo |
| Median Household Income | $71K |
| Homeownership Rate | 80.3% |
| Renter-Occupied | 19.7% |
| Rental Vacancy Rate | 5.4% |
| Market Type | Balanced |
| Market Tier | Affordable |
| Primary ZIP Code | 61115 |
| Mortgage Originations (2022 HMDA) | |
| Total Mortgage Originations | 262,923 |
| VA Loan Originations | 10,875 |
| VA Loan Share | 0.0% |
| Average VA Loan Amount | $270K |
| Conventional Loan Originations | 219,732 |
| FHA Loan Originations | 32,316 |
Top Real Estate Agents in Elmwood Park, Machesney Park
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Elmwood Park, Machesney Park, IL. Explore the available cited neighborhood data on this page.
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Data Provenance
- State Licensing: Illinois Department of Financial and Professional Regulation (IDFPR) — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Mortgage Data: FFIEC Home Mortgage Disclosure Act (HMDA) Data, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-15