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Central Station

Central Station

Urban Core Neighborhood in Chicago, Illinois

Cook County 60605 , 60616
$570,516 Average Value
$399 Average Price per Sq Ft
42 Homes For Sale

How Central Station connects residents to downtown Chicago

Located in Chicago's South Loop, Central Station is the spot for buyers seeking lake views, walkable streets and quick downtown connections. The neighborhood is shaped by dense contemporary lofts and luxury high-rises that overlook and Lake Michigan. Living here means you're steps away from major transit hubs, celebrated dining corridors and iconic city attractions, like The Museum Campus and Grant Park. It's a vibrant setting for those who want to live in the heart of the city.

Central Station was once a warehouse district, but now it's a modern residential area filled with condos.
Central Station was once a warehouse district, but now it's a modern residential area filled with condos.
Grant Park borders Central Station to the north, offering plenty to do along Chicago's lakefront.
Grant Park borders Central Station to the north, offering plenty to do along Chicago's lakefront.
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You'll find many glass high-rises in the community.
You'll find many glass high-rises in the community.

Condo living in Central Station often includes lake views

Condos from the early to mid-2000s make up the majority of homes here. Styles range from mid-rise loft buildings with floor-to-ceiling windows to luxury high-rise buildings with sweeping city and lake views. Many complexes include private amenities, like rooftop pools, fitness centers, sundeck grilling areas and 24-hour door staff. The area's median sale price is around $490,000, with prices ranging widely from the mid-$200,000s to about $1.5 million. Monthly HOA fees also vary greatly, but most cover maintenance, shared amenities, security and utilities.

People enjoy easy access to the Loop by rail, bus, bike and car

The neighborhood's access to the Chicago Loop makes it an ideal spot for commuters. Sidewalks, bike lanes and bike sharing stations make the area very walkable and bikeable. CTA bus routes run along primary streets, and the Roosevelt station connects to the CTA's L system on the Red, Green and Orange Lines. People also have access to Metra service via the Museum Campus/11th Street station. Drivers use Lake Shore Drive and Interstate 55 for travel across Chicago.

Being surrounded by transit hubs means the neighborhood experiences its fair share of excess noise. Rush-hour traffic and event-day traffic from nearby Soldier Field and Grant Park also impact congestion levels.

The Roosevelt station helps commuters get around Chicago.
The Roosevelt station helps commuters get around Chicago.
Bus stops are found throughout the neighborhood.
Bus stops are found throughout the neighborhood.
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Spend an afternoon at Grant Park or Museum Campus

Central Station is near some of Chicago's largest parks and "is considered one of the most dog-friendly locations in urban America," says Grigory Pekarsky, owner of Vesta Preferred Realty. "There are so many parks you can walk to. Grant Park is massive, and you have the 16th Street dog park." Mark Twain Park is the closest option, offering a playground and a walking path inside the neighborhood. Grant Park spans over 300 acres and features formal gardens, athletic fields, a skate park and performance venues for large-scale events. Adjacent to it, Museum Campus combines green parkland with the Adler Planetarium, the Shedd Aquarium and the Field Museum of Natural History, with jogging paths and walkways along the lakefront.

Mark Twain Park offers green space inside the neighborhood.
Mark Twain Park offers green space inside the neighborhood.
The shark tank at the Shedd Aquarium is one of the more popular exhibits.
The shark tank at the Shedd Aquarium is one of the more popular exhibits.
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Where to eat and run errands in Chicago’s South Loop

Both the neighborhood and broader South Loop have a bustling dining scene filled with cafés, fine dining and locally owned restaurants. Popular spots include:

  • The Chicago Firehouse Restaurant, an upscale steakhouse inside a beautifully restored 1905 firehouse
  • Nepal House, a cozy Nepali and Indian restaurant known for its traditional fare
  • Siam Thai Eatery, a modern, plant-filled space serving home-style Thai curries and stir-fries
  • Weather Mark Tavern, a nautical-themed restaurant offering laid-back American fare and bottomless brunch mimosas
  • Flo & Santos, a hybrid tavern known for its pizza, pub fare and Polish-style cuisine
Running errands is also an easy task. People can pick up groceries at major brands like Trader Joe's and Jewel-Osco or swing by neighborhood staples like South Loop Market. Small boutiques line main roads, and malls like Roosevelt Collection Shops are a short drive away.

Roosevelt Collection Shops has many stores to explore.
Roosevelt Collection Shops has many stores to explore.
Big-box retailers like Old Navy are in Roosevelt Collection Shops.
Big-box retailers like Old Navy are in Roosevelt Collection Shops.
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Catch a Chicago Bears game at Soldier Field.
Catch a Chicago Bears game at Soldier Field.

Check out Lollapalooza or cheer on the Chicago Bears

Most local events are held in the Chicago Loop and around the lakefront. Favorites include:

  • Chicago Bears Games at Soldier Field, which draw fans throughout the NFL season
  • Taste of Chicago, a free food festival in nearby Grant Park with live music
  • Lollapalooza, a multi-day summer music festival in Grant Park featuring popular and emerging artists
  • Bank of America Chicago Marathon, a major international race each October that starts and finishes in Grant Park

Many kids attend South Loop Elementary School.
Many kids attend South Loop Elementary School.

Schools include a local elementary school with a fine arts magnet

Chicago Public Schools serve the area. Most students start at South Loop Elementary School, a prekindergarten through eighth-grade school with a Fine Arts Magnet Cluster Program. Pekarsky says it is often considered one of the city's best elementary schools. Nearby private options include Old St. Mary's School, which is highly rated by Niche.

Isabel Butler
Written By
Isabel Butler
Justin Schmidt
Photography Contributed By
Justin Schmidt
Jason Jacot
Video By
Jason Jacot

Local News

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Parks in this Area

Transit

Airport

Chicago Midway International

17 min drive

Bus

Indiana & 16th Street

Bus

Roosevelt & Michigan & Indiana

Bus

Indiana & 14th Street

Bus

Michigan & 14th Street

Bus

Indiana & 15th Place

Bus

1440 S Indiana

Bus

Indiana & 13Th Street

Reviews

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Neighborhood Facts

Number of Homes
2,927
Number of Homes for Sale
42
Median Year Built
2006
Months of Supply
2.30
Average Single Family Home Size Sq Ft
1,264
Significantly below the national average
1,935
Average Townhouse Size Sq Ft
2,848
Average 2 Bedroom Size Sq Ft
1,465
Average 1 Bedroom Size Sq Ft
1,001
Median Lot Size Sq Ft
54,014

Open Houses

Distribution of Home Values

Source: Public Records

Market Report

Chicago Housing Market

Chicago Housing Market

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Homes for Sale

Homes for Rent

Condo Buildings

Average Home Value





Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Renters

Rental Home Trends

Number of Homes for Rent
33
Median Rent
$3,700
Median Single Family Home Rent
$3,900
Median 3 Bedroom Single Family Home Rent
$4,650
Median Townhouse Rent
$5,375
Median 3 Bedroom Townhouse Rent
$5,750
Median Condo Rent
$3,450
Median 2 Bedroom Condo Rent
$3,500

Demographics

Total Population
9,628
Median Age
40
Population Density
115 ppl/acre
Population under 18
17.7%
Below the national average
23.8%
Population over 65
15.8%
On par with the national average
19.1%

Finances

Median Household Income
$122,571
Significantly above the national average
$79,597
Average Household Income
$155,694

Education and Workforce

High School Graduates
94.3%
College Graduates
77.8%
Significantly above the national average
34.1%
Advanced Degrees
52.7%
Significantly above the national average
13.3%
% Population in Labor Force
80.1%

Weather

Annual Precipitation
34''
Average Winter Low Temperature
20°F
Average Summer High Temperature
84°F
Annual Snowfall
40''

Area Factors

Very bikeable

Bikeability®

80 / 100

Exceptionally walkable

Walkability®

90 / 100

Exceptional public transit

Transit®

90 / 100
Source: Local Logic
Sources: Local Logic

Local Logic measures the walkability, access to public transit and bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Nearby Neighborhoods

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
Central Station
Pedro Rosales Real Estate Agent - PROSALES REALTY
PROSALES REALTY
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