Advantages of buying property in the village of Malta, Illinois:

1. Rural Charm: Malta has a small village charm with a population of about 1,200 residents. If you enjoy a peaceful and serene environment, this village could be an ideal place for you to consider.

2. Affordability: The overall cost of living in Malta is lower than in many other areas in the state of Illinois. Housing costs are also more affordable than the surrounding areas.

3. Proximity to larger cities: Malta is only about an hour's drive away from larger cities such as Rockford, Aurora, and Schaumburg, providing easy access to amenities and job opportunities.

Disadvantages of buying property in the village of Malta, Illinois:

1. Limited Amenities: The village of Malta is relatively small, and may not have all the amenities that larger cities offer. You may need to travel to surrounding towns for some conveniences.

2. Weather: As with many areas in the Midwest, Malta can experience severe weather, including heavy snow in the winter and tornadoes in the summer.

3. Limited Job Opportunities: While Malta is located near larger cities, job opportunities within the village itself are limited. Most residents commute to work in other cities.