Chicago Climate: Slab vs. Crawl Space Foundations

[Felix Z.]

Hello everyone, I have been active in my search for my first property and wanted to gain some insight on the pros/cons of a slab foundation vs. crawl space/basement. I know slabs hold up well in warmer climates, but does anyone currently own a property on a slab here in Chicago/Northern Illinois that can share their experience? One of the properties I am looking at was built in the 1890s w/ a slab. 

Thanks!