Chicago has all three. It just has a really shitty climate and is surrounded by...corn fields

Don't forget the soy!

And Lake Michigan.

Ah Lake Michigan. How I hated you in the winter when your freezing winds suck the life out of me, but how I loved your cold cold waters come summer

It's a scale issue. There are plenty of small metro areas (600K-1.2MM pop) with affordable housing, plenty of jobs, and absolutely zero useful mass transit. Traffic is bad for about one hour in the morning and two hours in the evening, at most, and usually just in one direction with plenty of side streets.

You double that and the infrastructure collapses. The tax base doesn't support large investments in transit to get a system built from nothing, and the roads and bridges aren't equipped to handle 2x the volume.

Chicago is adding knowledge jobs at a pretty impressive clip. If you want to work in a factory though, this isn't the city for you.

Finance seems to be a strong employer there, no?