Why Live in Centennial Park
Centennial Park in Tinley Park, located about 30 miles from downtown Chicago, offers a tranquil setting with woodlands and parks providing a natural backdrop. The neighborhood features a mix of 1970s split-level and colonial-style homes, along with modern townhomes near the shopping district. Residents appreciate the tall pine and oak trees lining the streets, although street parking is limited. Most homes include a garage or driveway and a yard suitable for small gatherings. The area is primarily car-dependent, but nearby amenities are accessible by walking. Local shopping districts on 159th Street and Harlem Ave offer various dining options and businesses, including Aldi and Park Center Plaza shopping mall. Popular eateries include The Whistle Sports Bar and Grill and Ashford House, which features authentic Irish dishes.
Students in Centennial Park attend highly rated schools, starting with John A. Bannes Elementary, followed by Grissom Middle School, and Tinley Park High School, all of which receive high ratings. The neighborhood's namesake park offers paved trails, a fishing pond, sports courts, and a skate park. Nearby, The Meadow’s Disc Golf Park provides an 18-hole course with mowed walking paths, while Veterans Park features a baseball field, playground, and green walking space. Centennial Park hosts community events such as summer camps, scout gallery shows, a Christmas tree lighting ceremony, and a 4th of July parade. The neighborhood is safer than the national average, making it a practical choice for families.
Frequently Asked Questions
Is Centennial Park a good place to live?
Centennial Park is a good place to live. Centennial Park is considered car-dependent and somewhat bikeable. Centennial Park has 5 parks for recreational activities. It is somewhat dense in population with 7.4 people per acre and a median age of 40. The average household income is $100,479 which is above the national average. College graduates make up 31% of residents. A majority of residents in Centennial Park are home owners, with 23% of residents renting and 77% of residents owning their home. A
local real estate agent serving Centennial Park can help you decide if this neighborhood is the right one for you. Learn more on our
Centennial Park neighborhood guide.
Is Centennial Park, IL a safe neighborhood?
Centennial Park, IL is safer than the average neighborhood in the United States. It received a crime score of 3 out of 10.
How much do you need to make to afford a house in Centennial Park?
The median home price in Centennial Park is $449,900. If you put a 20% down payment of $90,000 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $2,330 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $100K a year to afford the median home price in Centennial Park. The average household income in Centennial Park is $100K.
What are the best public schools in Centennial Park?
The best public schools that serve Centennial Park are:
What are the best private schools in Centennial Park?
The best private schools that serve Centennial Park are:
What are the most popular zip codes in Centennial Park, Tinley Park, IL?
What are the most popular neighborhoods near Centennial Park, Tinley Park, IL?
Home Trends in Centennial Park, IL
On average, homes in Centennial Park, Tinley Park sell after 52 days on the market compared to the national average of 70 days. The median sale price for homes in Centennial Park, Tinley Park over the last 12 months is $460,000, up 11% from the median home sale price over the previous 12 months.
Median Sale Price
$460,000
Median Single Family Sale Price
$450,000
Median Townhouse Sale Price
$460,000
Median 2 Bedroom Sale Price
$460,000
Median 1 Bedroom Sale Price
$290,000
Average Price Per Sq Ft
$288
Number of Homes for Sale
7
Last 12 months Home Sales
112
Median List Price
$449,900
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
11%