Warrensburg is a small village with a population of about 1,400 people, located in a rural area of central Illinois. Here are some advantages and disadvantages to consider when purchasing real estate in the village of Warrensburg:

Advantages:
1. Affordability: Compared to other parts of the country, the cost of living in Warrensburg is relatively low, making it an affordable place to live.
2. Peaceful and serene: Warrensburg is a small, tight-knit community with a peaceful and serene atmosphere. It is a great place to escape the hustle and bustle of bigger cities.
3. Outdoor recreation: The village is surrounded by beautiful nature and there are plenty of opportunities for outdoor recreation, such as hiking, fishing, and camping.
4. Good schools: The village is served by the Warrensburg-Latham Community Unit School District, which is well-respected for its quality education.

Disadvantages:
1. Limited job opportunities: As a small village, Warrensburg has limited job opportunities. Most residents either commute to nearby cities or work in agriculture-related jobs.
2. Lack of amenities: Being a small village, Warrensburg may not have all the amenities of larger cities, such as diverse shopping and entertainment options.
3. Distance from major cities: Warrensburg is located at least an hour's drive from larger cities such as Springfield and Champaign-Urbana, which may impact access to conveniences or activities in urban areas.

Keep in mind that these are just a few factors to consider when purchasing real estate in Warrensburg, and it's important to research and evaluate other factors that may be relevant to your needs and goals.