Why Live in Lincoln Park
Lincoln Park, located a mile north of Springfield's historic downtown, is one of the city's oldest neighborhoods, featuring a variety of architectural styles such as bungalows, American Foursquare, and Cape Cods, many dating back to the late 19th century. The neighborhood is characterized by clean streets and well-renovated historic homes, with lush trees lining the sidewalks. Real estate prices are below average, making it an affordable option for those who frequent downtown Springfield. The Sangamon Mass Transit District provides convenient bus service throughout Springfield and Sangamon County, with stops on 5th and Eastman Streets. Local attractions include Mel-O-Cream Donuts, a Springfield institution since 1932, and CD's BBQ, known for its wood-fired favorites and seasonal specials. For shopping, chain restaurants and retail options are available along North 9th Street, with the County Market located a mile south in Enos Park. Oak Ridge Cemetery, the largest cemetery in Springfield, spans over 180 acres and includes the Lincoln Tomb, a significant historical monument. Enos Park, a 3.5-acre public space surrounded by historic homes, offers a quiet retreat with a central playground. The Illinois State Fair, held annually since 1853, is a major summer event in Springfield, featuring classic fair food, rides, exhibitions, and live performances.
Frequently Asked Questions
Is Lincoln Park a good place to live?
Lincoln Park is a good place to live. Lincoln Park is considered somewhat walkable and bikeable with some transit options. Lincoln Park is an urban pioneer neighborhood. Lincoln Park has 6 parks for recreational activities. It is somewhat dense in population with 7.6 people per acre and a median age of 41. The average household income is $70,777 which is below the national average. College graduates make up 25.3% of residents. A majority of residents in Lincoln Park are home owners, with 44% of residents renting and 56% of residents owning their home. A
local real estate agent serving Lincoln Park can help you decide if this neighborhood is the right one for you. Learn more on our
Lincoln Park neighborhood guide.
How much do you need to make to afford a house in Lincoln Park?
The median home price in Lincoln Park is $1,002,500. If you put a 20% down payment of $200,500 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $5,200 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $223K a year to afford the median home price in Lincoln Park. The average household income in Lincoln Park is $71K.
What are the best public schools in Lincoln Park?
The best public schools that serve Lincoln Park are:
What are the best private schools in Lincoln Park?
The best private schools that serve Lincoln Park are:
What are the most popular zip codes in Lincoln Park, Springfield, IL?
What are the most popular neighborhoods near Lincoln Park, Springfield, IL?
Home Trends in Lincoln Park, IL
Median Sale Price
$1,305,000
Median Single Family Sale Price
$675,000
Median Townhouse Sale Price
$1,480,000
Average Price Per Sq Ft
$480
Number of Homes for Sale
2
Last 12 months Home Sales
1
Median List Price
$1,002,500
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
305%
