Why Live in Dearborn Park
Dearborn Park, located adjacent to Chicago’s South Loop, is a primarily residential neighborhood characterized by tree-lined streets and ample green spaces, which are rare in a downtown setting. The area features multi-family properties, including modern condo complexes and townhouses built in the 1980s and 90s, with options ranging from two to three bedrooms. Architectural styles include brick and Victorian-styled townhouses and prairie-style homes. Families in Dearborn Park have access to South Loop Elementary School, which maintains above-average test scores and offers a gifted program and after-school activities. The neighborhood is pedestrian-friendly, with well-maintained sidewalks connecting residents to local amenities and dining options. Dearborn Park itself offers an open field and walking path, while nearby Jones Park features playgrounds and picnic areas. Roosevelt Park provides tennis courts and circular walking trails. The historic Dearborn Station, now housing commercial offices and local businesses, marks the neighborhood's northern border. Dining options include Yolk for brunch, Bar Louie for casual meals, and Tapas Valencia for Spanish-inspired dishes. While there are no grocery stores within the neighborhood, residents can shop at nearby Jewel-Osco or Trader Joe's. For shopping, Roosevelt Collection Shops and Target are conveniently located. Public transportation is accessible via Harrison and Roosevelt subway stations, connecting residents to multiple train lines, and numerous bus stops are available. In emergencies, Insight Hospital & Medical Center is approximately 2 miles away.
Home Trends in Dearborn Park, IL
On average, homes in Dearborn Park, Chicago sell after 48 days on the market compared to the national average of 51 days. The median sale price for homes in Dearborn Park, Chicago over the last 12 months is $475,000, up 1% from the median home sale price over the previous 12 months.
Median Sale Price
$475,000
Median Single Family Sale Price
$1,212,500
Median Townhouse Sale Price
$597,500
Median 2 Bedroom Sale Price
$401,000
Median 1 Bedroom Sale Price
$257,500
Average Price Per Sq Ft
$342
Number of Homes for Sale
12
Last 12 months Home Sales
63
Median List Price
$485,000
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
1%