Advantages of buying property in Blue Mound, Illinois:

1. Affordable housing: The cost of living in Blue Mound is lower than the national average, and this extends to housing. Properties in Blue Mound are relatively affordable.

2. Small-town living: Blue Mound has a population of less than a thousand people which can be an attractive quality for those who prefer a quiet, small-town lifestyle.

3. Access to education: The Blue Mound Community Unit School District provides quality education for elementary, middle, and high school students.

4. Proximity to larger cities: Blue Mound is only a short drive away from Decatur, Springfield, and Champaign, which provides access to more urban amenities.

Disadvantages of buying property in Blue Mound, Illinois:

1. Limited job opportunities: Blue Mound is a small town and therefore, there are limited job opportunities available to those who live there.

2. Lack of urban amenities: While larger cities are not far away, Blue Mound does not offer the same level of amenities and services that bigger towns and cities possess.

3. Extreme weather conditions: The weather in Illinois can be extreme, with severe thunderstorms, tornadoes, and heavy snowfall, which could be a negative if you prefer milder weather conditions.

4. Limited real estate inventory: Blue Mound is a small village, with limited real estate inventory available for purchase. Finding the right property may be difficult, and prices may fluctuate depending on supply and demand.