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You might not be familiar with Lake County, Illinois, but you've definitely heard a lot about our businesses. We're the location of choice for the headquarters of big-name companies like Abbott, AbbVie, Baxter, Horizon Therapeutics and Walgreens. We are also the home of offices for Pfizer, Takeda, Amgen, Fresenius Kabi and many others. In fact, 80% of Illinois' life science jobs are located in Lake County - making it THE Midwestern life science powerhouse.
|Chicago||Boston||Bay Area||San Diego||New Jersey|
|Business Operating Cost Index||98.3||101.2||104.5||99.9||101.8|
Effective Tax Rates
Electricity Prices (cent/kWh)
|Chicago||Boston||Bay Area||San Diego||NJ|
|Cost of Living||+23%||+64%||+18%||+3%|
|Median Home Price (3 BR, 2BA)||$518,821||$714,900||$1,263,813||$798,964||$560,621|
This 97-acre campus at the Rosalind Franklin University of Medicine and Science includes:
This cutting-edge campus has celebrated a huge string of wins as high-profile life science and technology leaders—including Novartis Gene Therapy, Medline, Valent Biosciences, EVBox and Intermatic—have chosen to locate and grow here.
Thanks to a highly-integrated educational system that anticipates business needs, students:
Chicagoland's robust life sciences sector has landed it on the top 10 locations in the country for biopharma activity according to Genetic Engineering & Biotechnology News. The metro region's strength lies in its funding for life sciences, patents awarded, dedicated lab space and number of industry jobs.
Illinois’ life sciences industry has enjoyed considerable growth, from legacy companies such as Abbott, AbbVie, and Horizon, to startups spun out of the state’s research universities. Hundreds of thousands of square feet of new wet lab space is under development in the state, much of it in close proximity to Lake County, and the state has paved the way for new high-tech facilities by launching a $9 million capital program aimed at expanding access to space and encouraging industry breakthroughs.
As Lake County’s economic development corporation, Lake County Partners drives business success by attracting and retaining business, providing important resources and leading a community effort to create a strong talent pipeline and high quality of life. We specialize in site selection, talent development, financing and incentives. Get in touch and we'll help you join our extensive network of industry leaders.