Winthrop Harbor is a small town located in Lake County, in northern Illinois, that offers proximity to Lake Michigan, plenty of outdoor recreational activities, and a tight-knit community. Here are some pros and cons to buying property in Winthrop Harbor:

Pros:
1. Proximity to Lake Michigan: Winthrop Harbor sits right on the shores of Lake Michigan, allowing for easy access to water recreation, such as swimming, boating, and fishing.
2. Outdoor recreation: Winthrop Harbor is home to parks, a marina, and plenty of walking and bike trails, making it ideal for those seeking outdoor recreational activities.
3. Community: Winthrop Harbor is a small town with a strong sense of community, where neighbors look out for one another.
4. Lower cost of living: Compared to some of the larger cities in the region, Winthrop Harbor has a lower cost of living.

Cons:
1. Limited amenities: As a small town, Winthrop Harbor has limited amenities, such as restaurants and shopping centers.
2. Harsh winter weather: Illinois winters can be harsh with lots of snow and cold temperatures, which can potentially increase heating costs.
3. Limited job opportunities: With a limited number of businesses in town, there may be limited job opportunities available.

Overall, Winthrop Harbor may be a great choice for those who enjoy small-town living, proximity to outdoor recreation, and a strong sense of community. However, those looking for a wider variety of amenities or employment options may want to consider other nearby cities.