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KA-BOOOOOM!
My head just exploded. I'm typing this at the corner of Clark and Adams. Seriously. The really shitty looking building on that corner? My office.
To answer your actual question, there are lots of places, but it really depends on what you're looking for, how old your kids are and whether or not you want the suburbs. And how much you want to spend (assuming you're buying). There's a huge difference between the city and the suburbs.
If your kids are K-5, I suggest North Center or Lincoln Square. That's in the Bell School district, which is generally regarded as one of the better ones in the city. There are also some very good grade schools in Lincoln Park, Lakeview and Andersonville, and the commute is tolerable for all, including some that could have you 20 minutes from your office door-to-door including a short walk to and from a train station.
If you're going suburban, Western Springs is ok and not too over the top pricewise. Same with Evanston or Skokie. But again, the devil is in the details.
KA-BOOM. Secondary explosion. Sorry.
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"There ought to be limits to freedom." - George W. Bush
"We have met the enemy and he is us." - Pogo
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