Good Things:
1. Gillespie is a small and friendly community, making it a great place to settle down and raise a family.
2. Home ownership in Gillespie provides access to great outdoor activities, such as fishing, hiking, and camping.
3. Gillespie is in close proximity to major cities like St. Louis and Chicago, giving residents the opportunity to explore these areas without having to travel far.

Bad Thing:
1. Homeowners in Gillespie may be subject to high property taxes due to the county's high tax rate.

Some potential benefits of purchasing real estate in the Village of Gillespie, Illinois could include:

1. Lower home prices: Real estate prices in Gillespie, Illinois are typically lower compared to more urbanized areas, which means buyers may be able to get a larger home or more land for their budget.

2. Small town charm: Gillespie is a small town with a population of around 3,000 residents, which can offer a close-knit community and a slower pace of life.

3. Proximity to larger cities: Gillespie is approximately an hour's drive from larger metropolitan areas like St. Louis, Missouri and Springfield, Illinois, so residents can have access to big city amenities while still enjoying the benefits of small town living.

4. Outdoor recreation opportunities: The area around Gillespie is known for its outdoor recreation, including fishing, hunting, camping, and hiking. The nearby Lake Lou Yaeger is a popular destination for boating, swimming, and fishing.

5. Lower property taxes: Property taxes may be lower in Gillespie compared to larger cities or more affluent areas, which can help keep overall housing costs lower.

It's always a good idea to do some additional research and consider factors like local schools, job opportunities, and quality of life when deciding where to purchase real estate.