One person was onboard the plane, local fire officials said.
The crash happened around 4 p.m. on Springmeadow Drive in Poplar Grove, Illinois, village officials said. The village is about 80 miles northwest of Chicago.
The exact circumstances of the were not yet known. A Whittman Tailwind airplane was involved in the crash, the NTSB said.
The plane had one occupant, but the extent of their injuries are not clear at this time, Boone County Fire Protection District #2 officials said.
Residents were shocked to hear and see the collision right near their homes.
"I just heard a noise and a loud bang, and I just saw a whole bunch of people running," resident Jayden Gallegos said. "My heart was beating pretty fast, and I didn't know what to really do."
The crash caused some damage to a fence as well as some gas lines, forcing the evacuation of some people in the neighborhood.
"Out of an abundance of caution nearby residents were evacuated due to the active natural gas leak," local fire official Joseph Prokop said. "The scene remains active and we ask the public to kindly avoid the area.
The Federal Aviation Administration, the NTSB and the Boone County Sheriff's Department are investigating, officials said.