Dearborn Park, Chicago, IL
Dearborn Park — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Dearborn Park, Chicago, Illinois. Explore the cited sources and local facts below while agent underwriting continues.
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Dearborn Park Neighborhood Overview
Dearborn Park is a planned residential neighborhood in the South Loop of Chicago, known for its quiet, park-like setting amidst the urban landscape. Developed on former railroad land, it offers a unique blend of suburban tranquility and downtown convenience. The community is characterized by its tree-lined streets, townhomes, and mid-rise condominiums.
Lifestyle & Amenities
Residents enjoy direct access to the neighborhood's namesake, Dearborn Park, which provides green space, playgrounds, and walking paths. The area is also close to major cultural institutions like the Museum Campus, Soldier Field, and the vibrant restaurant and retail scenes of the South Loop and Printer's Row. This creates a lifestyle that balances outdoor recreation with urban entertainment.
Real Estate Market
The real estate market in Dearborn Park consists primarily of condominiums and townhomes, with a Census median home value of $556,900. Current market metrics show a price per square foot of approximately $382, indicating a premium for well-located living space in this established community. The market caters to those seeking ownership in a centrally located, residential enclave.
Schools & Education
Families in Dearborn Park are served by Chicago Public Schools. The neighborhood is part of a larger downtown area with access to various educational options. Parents should consult the latest district boundaries and school ratings for specific assignment information.
Transportation & Connectivity
Dearborn Park boasts exceptional connectivity, with multiple CTA bus lines and several 'L' train stations within easy walking distance, including the Roosevelt station serving the Red, Orange, and Green Lines. The neighborhood's location provides quick access to Lake Shore Drive and major interstates, making commutes and city-wide travel highly efficient.
Why Choose Dearborn Park
Dearborn Park is ideal for professionals and families seeking a quiet, green neighborhood without sacrificing the energy and convenience of downtown Chicago. It offers a strong sense of community with the amenities of the South Loop at its doorstep. The combination of stable real estate, excellent transit, and a park-centered design makes it a distinctive and desirable urban village.
Sources
- U.S. Census Bureau, American Community Survey 5-Year Estimates (2022) — data.census.gov
- Redfin Neighborhood Market Tracker — redfin.com/news/data-center
Dearborn Park Market Data
| Metric | Value |
|---|---|
| Median Home Price | $557K |
| Median Gross Rent | $3K/mo |
| Median Household Income | $121K |
| Homeownership Rate | 30.5% |
| Renter-Occupied | 69.5% |
| Rental Vacancy Rate | 7.2% |
| Market Type | Buyer's |
| Market Tier | Luxury |
| Primary ZIP Code | 60601 |
| Mortgage Originations (2022 HMDA) | |
| Total Mortgage Originations | 262,923 |
| VA Loan Originations | 10,875 |
| VA Loan Share | 0.0% |
| Average VA Loan Amount | $270K |
| Conventional Loan Originations | 219,732 |
| FHA Loan Originations | 32,316 |
Top Real Estate Agents in Dearborn Park, Chicago
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Dearborn Park, Chicago, IL. Explore the available cited neighborhood data on this page.
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Data Provenance
- State Licensing: Illinois Department of Financial and Professional Regulation (IDFPR) — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Mortgage Data: FFIEC Home Mortgage Disclosure Act (HMDA) Data, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-12