Toulon is a small village in Illinois with a population of around 1,200 people. Here are some of the potential pros and cons of purchasing real estate in Toulon:

Pros:
- Affordable real estate: Real estate prices in Toulon are relatively low compared to larger cities, which could make it a more affordable option for buyers on a budget.
- Small town community: Toulon's small size means that residents have the opportunity to get to know their neighbors and form a tight-knit community.
- Low crime rate: According to crime statistics, Toulon has a relatively low crime rate, which could make it a safer place to live.
- Outdoor recreation opportunities: Toulon is located in a scenic rural area of Illinois, which provides plenty of opportunities for outdoor recreation like hiking and fishing.

Cons:
- Limited amenities: Toulon is a small village with a limited number of restaurants, shops, and other amenities compared to larger cities.
- Commute times: If you work or need to travel frequently to larger metropolitan areas, you may find that the commute times to these areas may be longer from Toulon.
- Lack of diversity: Toulon, like many small towns in America, may lack diversity in terms of its population, culture and business offerings.

Ultimately, whether or not purchasing real estate in Toulon is a good choice for you depends on your lifestyle preferences and priorities. However, these pros and cons should give you a good starting point to consider whether this location fits your needs.