Here are some potential pros and cons of buying property in the village of Pearl City, Illinois:

Pros:
- Affordability: The cost of living in Pearl City is lower than the national average, meaning that purchasing property may be less expensive than in other areas.
- Rural setting: Pearl City has a small-town feel and is surrounded by farmland, which may be appealing for those who enjoy a peaceful and quiet lifestyle.
- Low crime rate: According to Neighborhood Scout, Pearl City has a crime rate that is much lower than the national average, making it a safe place to live and invest in property.
- Good schools: Pearl City Community Unit School District is considered to be a good school district, which may be attractive to families with children.
- Accessibility: Pearl City is located relatively close to larger cities such as Rockford and Freeport, both of which are within a 45 minute drive.

Cons:
- Limited job opportunities: As a rural town, Pearl City may not have many job opportunities within the immediate area, leading residents to commute to nearby cities or work remotely.
- Difficulty selling the property: Because of therural setting, properties may be more difficult to sell in the future, especially if the housing market is slow.
- Lack of amenities: Pearl City is a small town and may not have the same range of amenities or entertainment options as larger cities.
- Harsh weather: Illinois weather can be unpredictable, with hot summers and cold winters. Residents in Pearl City may need to be prepared to deal with extreme weather conditions.
- Distance from major cities: Although Pearl City is relatively close to nearby cities such as Rockford and Freeport, it is still located outside of major urban areas, which may not be attractive for those who enjoy metropolitan lifestyles.

Of course, there may be additional factors to consider depending on your personal preferences and circumstances. It's always a good idea when considering purchasing real estate to gather as much information as possible and to consult with a qualified real estate agent, financial advisor, or attorney.