$353,378Average Value$261Average Price per Sq Ft6Homes For Sale
A good thing in a small package
A small, tightly packed neighborhood of high-rise apartments and low-rise condos, Dearborn sits tucked in the heart of Chicago. It’s an affordable area given the location and is well-served by public transportation. Coupled with major expressways directly west and north, it makes Dearborn a commuter-friendly spot. Lake Michigan is just a few blocks east and provides weekend enjoyment, with parkland running up and down the shoreline, while not too far to the south the White Sox swing away at Guaranteed Rate Field.
Dearborn is a good choice because it is not far from the lakeshore or downtown.
Lake Shore offers miles of scenic bike trails not far from Dearborn.
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Getting out and around with plenty of options
Sitting at the confluence of Route 90, Route 55, and the Dan Ryan Expressway, Dearborn has quick access to routes that take drivers throughout the region. However, for many residents, the walkable and bikeable nature of the neighborhood is a draw. Buses run along State Street slicing down the middle of Dearborn, while the Cermak—McCormick L stop – a handsome, modernized station – provides access to the Green Line only a few blocks north. O’Hare International Airport is a 20-mile drive, however public transport provides an easy, direct route. Residents are confident knowing that emergency services are only a block away at Insight Hospital and Medical Center.
The Cermak-McCormick station located in the Dearborn neighborhood is worth checking out.
Dearborn residents have access to the CTA public transportation for their daily commute.
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No single-family homes to be found
Dearborn is a tightly packed area, and much of the neighborhood is dominated by the Dearborn Homes apartment complex. “You’ll see a lot of low-rise condominiums or lofts here that offer larger style living,” says Realtor Wendy Lee of Exit at Home Realty. “These are spacious units but less expensive compared to other areas nearby.” Some of these are in repurposed and updated turn-of-the-century industrial spaces merging wood and stone, while others are in modern conventional buildings featuring brick fronts and contemporary granite kitchens. Smaller lofts and condos will generally go in the range of $200,000 to $300,000, while large condos or condos with top-level views will fetch $450,000 and up.
Dearborn offers multiple apartments in various apartment buildings.
Red brick apartment buildings are common in Dearborn.
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An award-winning brewery
For a unique dining experience, Moody Tongue is a Michelin-starred brewery whose breweries take influence from the culinary world. The stylish interior features a fireplace surrounded by a small library and has received the Jean Banchet award “Best Bar in Chicago.” Enjoy dishes like caviar, seared scallops and steak in a setting of marble, leather and dark wood. For something much more informal, Ricobene’s is just northwest of the neighborhood, serving up classic Chicago-style pizza along with a legendary breaded steak sandwich. There are few grocery stores in the area – residents head a few blocks southwest to the Jewel-Osco for necessities.
Ricobene's began serving the people of Chicago near Dearborn in 1946.
Jewel-Osco is a grocery store located near Dearborn that offers a wide range of daily essentials
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Green space with a new fieldhouse
The 7-acre Williams Park features a 12,000 square foot fieldhouse that was completed in 2019, and it includes a gymnasium plus spaces for art and education. Recent outdoor updates include concrete benches, bike racks and new sidewalks. Dunbar Park is just east of the neighborhood and provides publicly accessible athletic facilities including basketball courts, tennis courts, baseball fields and an outdoor track.
Williams Park welcome residents with dogs to run and play at Dearborn, IL.
Dunbar Park is right next ot Prairie Shores and has a seven lane track to just take a walk or run.
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Education to Careers program helps students succeed
Most students in Dearborn will head to Drake Elementary School within the neighborhood, which receives an overall C grade from Niche. For high school, Phillips Academy High School features an Education to Careers program that covers fashion design, graphic communications and drafting, and received a C-minus from Niche. Students can also attend magnet schools across the Chicago Public Schools system, or private options including nearby De La Salle Institute or St. Jerome Catholic.
Drake Elementary School is a school that caters to students who live in Dearborn.
Overview of Phillips Academy High School in the Bronzeville neighborhood.
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Putting down roots
Just Roots, an urban farm located within the neighborhood, regularly connects with the community through events including art therapy workshops in the summer, Farm to Table dinners and a weekly Farm Stand. They also host neighborhood children through elementary and middle school field trips in an effort to demonstrate urban gardening and help the neighborhood alleviate fresh food shortages.
Dearborn residents take pride in their local community farms, such as the Saint James Farm.
Jewel-Osco is a grocery store located close to Dearborn that provides daily essentials.
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Higher learning has always been part of the neighborhood
Along the southern end of the neighborhood, Illinois Institute of Technology brings in students from around the world to pursue degrees in design, engineering, physics, and much more. College fields and sports centers bring in visitors and increase traffic, and college students are a common sight walking from class to class.
The Illinois Institute of Technology plays a significant role in the Dearborn neighborhood.
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.
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On average, homes in Dearborn, Chicago sell after 15 days on the market compared to the national average of 52 days. The median sale price for homes in Dearborn, Chicago over the last 12 months is $347,000, up 1% from the median home sale price over the previous 12 months.
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