Here are some pros and cons of buying property in Annawan, Illinois:

Pros:
- Tranquil, small town atmosphere: Annawan is a charming village known for its peaceful neighborhoods and scenic countryside.
- Affordable real estate: Properties in Annawan are generally affordable compared to larger cities and other suburbs.
- Low cost of living: The cost of living in Annawan is relatively low, which could make it easier to maintain a comfortable lifestyle without being burdened by high expenses.
- Good schools: Annawan has a highly rated school district that provides quality education to its students.
- Abundance of outdoor activities: The village is surrounded by several state parks and recreational areas, including the Hennepin Canal Parkway State Park and Johnson-Saulk Trail State Park, offering various outdoor activities such as fishing, hiking, and camping.

Cons:
- Limited job opportunities: As a small village, Annawan may have limited employment opportunities, and residents may need to commute to larger cities for work.
- Limited shopping and entertainment options: Annawan is a small village with limited commercial development, hence access to local shopping and entertainment options might be limited.
- Harsh winter weather: Annawan has cold winters with significant amounts of snowfall, which may not be ideal for some people.
- Distance from major cities and airports: Annawan is located in a relatively remote region, and the nearest major airports and cities are at least an hour away, which may not be ideal for those who require frequent travel or commuting.

Overall, it is essential to do your research and weigh the pros and cons before making any real estate investment.