Carol Stream is a friendly, quiet and increasingly popular suburb that offers newer subdivisions, nearby shopping, and an ample number of restaurants. Incorporated in 1959, the Village of Carol Stream continues to flourish with a complimentary mix of residential, commercial and industrial development.
Adding to the community's quality of life, the Park District operates 32 community parks, including Coral Cove Water Park, Simkus Recreation Center and Gretna Museum. Numerous recreational programs are also offered for kids, teens and adults.
Today, Carol Stream is home to 40,438 residents with the median age of 31 who benefit from an annual median family income of $74,984 and a median household income of $64,893.
Residents can choose from a variety of home styles ranging from ranch designs to split-levels and Colonial models. Home prices vary as much as the styles, ranging from $110,000 to topping off at $350,000 for a custom built home. In 2000, median home value for a single-family home was estimated at $185,400 while the median gross rent averaged $798. Condominiums were priced from $40,000 to $130,000 and town homes in the $80,000 to $130,000 range.
Located 27 miles west of Chicago, access to O'Hare airport is a mere 30-minute drive and a trip to the Loop is estimated at 45 minutes. Carol Stream residents have easy access to the Elgin/O'Hare expressway from Gary Ave. and nearby access to the North-South Tollway (I-355), the Tri-State Tollway (I-294), and the East-West Tollway (I-88).
Jay Stream, founder and original developer, envisioned Carol Stream as a community comprised of residential homes in the west sector mixed with light industrial business and industries in the east sector. Spacious industrial parks promote separation of industry from existing residential areas of the village.