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Dearborn Park

Dearborn Park

Urban Core Neighborhood in Chicago, Illinois

Cook County 60605
$605,225 Average Value
$323 Average Price per Sq Ft
9 Homes For Sale

Residential area in Chicago with parks

Adjacent to Chicago’s South Loop, Dearborn Park is a primarily residential neighborhood connected by well-maintained sidewalks that give its residents easy access to nearby restaurants and amenities. Tree-lined urban streets and numerous neighborhood parks provide Dearborn Park residents with a nice amount of green space that is not often found in a downtown setting. “The location is super nice. It’s kind of off the busy street, so cars aren’t cutting through. It’s very pedestrian-friendly,” says Real Estate Broker Scott Berg with Berg Properties, who has over 20 years of experience.

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Multi-family properties in the city

Dearborn Park is largely comprised of multi-family properties built in the 1980s and 90s. Modern condo complexes and townhouses can cost anywhere between $250,000 and $1 million, depending on the number of bedrooms and square footage. “The condos are pretty decently sized – usually about two to three bedrooms. And a lot of the buildings are in a larger format, getting up to six stories,” Berg says. There are also brick and Victorian-styled townhouses and prairie-style homes for similar prices.

A variety of housing types can be found in Dearborn Park.
A variety of housing types can be found in Dearborn Park.
Take a stroll down the sidewalks of Dearborn Park.
Take a stroll down the sidewalks of Dearborn Park.
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Public schools near Chicago’s South Loop

Families living in the area rely on Chicago Public Schools for their children’s education. Elementary and middle school grade-level students may attend South Loop Elementary School on Roosevelt Road. With a B-plus grade on Niche, South Loop maintains above-average test scores and provides a gifted program and after-school program. From there, students can attend Wendell Phillips Academy High School. Despite its C-minus Niche grade, the school has several community partnerships that uplift its students and encourage them to delve deeper into their studies, plus a stellar athletics program.

South Loop Elementary School in Dearborn Park teaches students
South Loop Elementary School in Dearborn Park teaches students
Jones College Prep High School has a very colorful design.
Jones College Prep High School has a very colorful design.
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Chicago city parks and historic buildings

When residents want a break from the city streets, Dearborn Park’s namesake green space has an open field for tossing a frisbee and a walking path for getting steps in. Right next to South Loop Elementary, locals can enjoy Jones Park’s two playgrounds before having a picnic under the pine trees. A short walk north will bring residents to Roosevelt Park where they can play tennis or utilize the circular walking trails. Additionally, the northern border of Dearborn Park is home to the historic Dearborn Station, a former departure point for many traveling to Hollywood and other cities in west California. The station is one of the oldest preserved train stations in the United States and is now home to commercial offices and local businesses. For a fun team-building activity with family, friends or coworkers, visit Fox in a Box Escape Room.

Mary Richardson Jones Park playground is a hit amongst the neighborhood kids.
Mary Richardson Jones Park playground is a hit amongst the neighborhood kids.
Dearborn Station in the Dearborn Park neighborhood was built in 1883.
Dearborn Station in the Dearborn Park neighborhood was built in 1883.
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Shops and Restaurants in Dearborn Park

When it comes to shopping and dining, Dearborn Park residents have access to a plethora of retail and restaurant options on the other side of South State Street. Start the day at Yolk, a local brunch spot serving corned beef hash and chicken and waffles. At the northern border of the neighborhood, Dearborn Station is also home to Bar Louie, where people can satisfy their hunger with menu items like fried pickles, flatbread and sandwiches, along with a wide selection of draft beers and cocktails. The neighborhood’s southern border is home to Tapas Valencia, where the walls are adorned with colorful Spanish-inspired mosaics, and patrons can pick from their large selection of hot and cold tapas, including dishes like curry salad and beef tenderloin skewers. While there are no grocery stores within the neighborhood’s borders, residents of Dearborn Park can pick up their groceries and other daily essentials at the nearby Jewel-Osco or Trader Joes. For regular errands or shopping adventures, head to Roosevelt Collection Shops, a shopping mall along West Roosevelt Road. The area has several name-brand stores, including H&M, Banana Republic, Ulta Beauty and more. Target is across the train tracks for anything else residents might need.

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Public transportation in downtown Chicago

In the heart of Chicago, there are plenty of options for public transportation. Dearborn Park has access to two subway stations – Harrison Station connects residents to the Red Line, while Roosevelt Station connects them to Green and Orange. There are also bus stops all along South Clark Street, South State Street, Roosevelt Road and West Harison Road. In an emergency, residents will have to travel roughly 2 miles south to Insight Hospital & Medical Center.

The Chicago Transit Authority provides convenient transportation for Dearborn Park residents.
The Chicago Transit Authority provides convenient transportation for Dearborn Park residents.
Residents of Dearborn Park have easy access to the CTA bus service.
Residents of Dearborn Park have easy access to the CTA bus service.
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Jillian Pillow
Written By
Jillian Pillow
Nadia George
Photography Contributed By
Nadia George
Scott Wiggins
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Scott Wiggins

Agents Specializing in this Area

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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

16 min drive

Subway

Roosevelt Station (Red Line)

Bus

Clark & 11th Place

Bus

State & 14th Street

Bus

Roosevelt & Clark

Bus

Roosevelt & Delano

Bus

Clark & 15th Street

Reviews

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Crime and Safety

1 - Low Crime, 10 - High Crime Dearborn Park US
Homicide 5 4
Sexual Assault 9 4
Assault with Weapon 7 4
Robbery 5 4
Burglary 7 4
Motor Vehicle Theft 7 4
Larceny 6 4
Crime Score 5 4

Source: WhatIsMyCrimeRisk.com

Neighborhood Facts

Number of Homes
947
Number of Homes for Sale
9
Median Year Built
1994
Months of Supply
1.80
Average Single Family Home Size Sq Ft
2,987
Significantly above the national average
1,932
Average Townhouse Size Sq Ft
1,544
Average 2 Bedroom Size Sq Ft
1,287
Average 1 Bedroom Size Sq Ft
834
Median Lot Size Sq Ft
2,178

Open Houses

  • Saturday, May 16
    11am - 1pm

    1530 S State St Unit 1127, Chicago, IL 60605

    $335,000

    • 1 Bed
    • 1 Bath
    • 1,148 Sq Ft
    • 1530 S State St
    • Unit 1127
    • New 14 days ago

    This large, sunny, one bedroom South Loop soft loft is move in ready and packs a variety of features and upgrades. At 1148 square feet, the unit includes a large bedroom with ample space for a king bed, with a jumbo custom closet that can be adjusted to your liking. The sun drenched patio includes 15 foot high walls on either side of the unit, giving the owner total privacy and a full day of

    Scott Fishman Worth Clark Realty

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  • Sunday, May 17
    12 - 2pm

    1085 S Park Terrace Unit 213, Chicago, IL 60605

    $620,000

    • 3 Beds
    • 2.5 Baths
    • 1,700 Sq Ft
    • 1085 S Park Terrace
    • Unit 213
    • New 2 days ago

    Welcome to this bright and sunny townhome in the highly coveted Dearborn Park One neighborhood! Tucked inside a quiet, courtyard setting, this move-in ready home offers a private entrance, spacious layout, and an unbeatable location just moments from downtown. The inviting living room features a corner gas fireplace and south-facing windows overlooking the private brick-paved terrace, which

    Stephanie Cutter Coldwell Banker Realty

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  • Saturday, May 16
    12 - 2pm

    1250 S Federal St Unit D, Chicago, IL 60605

    $775,000

    • 2 Beds
    • 1.5 Baths
    • 1250 S Federal St
    • Unit D
    • New 3 days ago

    Completely remodeled and move-in ready, this stunning townhouse is a must-see in highly sought-after Dearborn Park II - a private community surrounded by mature trees, beautifully maintained landscaping, Cotton Tail Park, and South Loop School. This bright corner unit offers desirable east, south, and west exposures, filling the home with exceptional natural light throughout the day. Featuring a

    Cynthia Bauer RE/MAX Premier

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Distribution of Home Values

Source: Public Records

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
11
Median Rent
$3,400
Median Single Family Home Rent
$6,030
Median Townhouse Rent
$3,800
Median 3 Bedroom Townhouse Rent
$3,800
Median Condo Rent
$3,000
Median 2 Bedroom Condo Rent
$3,295

Demographics

Total Population
5,101
Median Age
37
Population Density
64 ppl/acre
Population under 18
19.8%
On par with the national average
23.8%
Population over 65
12.6%
Below the national average
19.1%

Finances

Median Household Income
$111,300
Significantly above the national average
$79,597
Average Household Income
$135,925

Education and Workforce

High School Graduates
97.4%
College Graduates
77.3%
Significantly above the national average
34.1%
Advanced Degrees
39.8%
Significantly above the national average
13.3%
% Population in Labor Force
70.6%

Weather

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

Area Factors

Very friendly

Bikeability®

80 / 100

Very friendly

Walkability®

80 / 100

Exceptionally friendly

Transit®

100 / 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
Dearborn Park