Here are some pros and cons of buying property in Elk Grove Village, Illinois:

Pros:
- Proximity to Chicago: Elk Grove Village is located only 20 miles northwest of Chicago, making it a great location for those who want easy access to a major city.
- Good schools: Elk Grove Village has a variety of highly-rated public and private schools, making it a great place to raise a family.
- Strong job market: The village has a thriving business community, including several large corporations, which can provide job opportunities for those living in the area.
- Access to green space: There are several parks and forest preserves in the area, offering residents access to a variety of outdoor recreational opportunities.

Cons:
- High taxes: Property taxes in Cook County, where Elk Grove Village is located, can be quite high compared to other parts of the state.
- Extreme weather: Like much of the Midwest, Elk Grove Village experiences extreme weather including cold winters and hot, humid summers.
- Traffic: Being so close to Chicago, the area can experience heavy traffic during peak travel times.
- Cost of living: Compared to other parts of Illinois, the cost of living in Elk Grove Village can be relatively high.

Of course, these pros and cons aren't comprehensive or applicable to everyone, as everyone's individual circumstances and priorities are unique. It's important to do your own research and consider all factors before making a major financial decision like buying property.