Note: Our market forecast includes Chicago data and data from its surroundings, including Naperville, Indiana, and Elgin, Wisconsin.
With a population of almost 2.7 million as of 2019, Chicago is by far the most populated city in Illinois and the third most populous city in the United States. Located on the shores of Lake Michigan, Chicago was originally meant to be a port city between the Great Lakes and the Mississippi River. It was first established in 1837.
Today, Chicago is much more than a port. The Chicago area is home to a number of Fortune 500 companies, including Allstate (NYSE: ALL), Kraft-Heinz (NASDAQ: KHC), and McDonald’s (NYSE: MCD). The Chicago area is also a hub for higher learning institutions like the University of Illinois at Chicago and Northwestern. Plus, it’s a top tourist destination, boasting attractions such as the Willis (Sears) Tower and the Lincoln Park Zoo.
The state of the market
For the most part, the…