Midway Park, Chicago, IL
Midway Park — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Midway Park, Chicago, Illinois. Explore the cited sources and local facts below while agent underwriting continues.
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Midway Park Neighborhood Overview
Midway Park is a distinct neighborhood located in the Near West Side community area of Chicago, centered around its namesake park. It offers a residential enclave with immediate access to the expansive green space of Union Park and the bustling energy of the West Loop. The area provides a balanced urban lifestyle with a strong sense of community.
Lifestyle & Amenities
Residents enjoy the neighborhood's central park, which serves as a community hub for recreation and relaxation. The adjacent West Loop is world-renowned for its concentration of award-winning restaurants, trendy bars, and boutique shops. This proximity allows for an amenity-rich lifestyle just steps from home.
Real Estate Market
The real estate market in Midway Park is characterized by its urban location and higher-than-average property values. The median home value is reported at $556,900, with a current price per square foot around $138. This reflects the desirability of its West Loop-adjacent setting and the premium for centrally located housing in Chicago.
Schools & Education
Families in Midway Park are served by Chicago Public Schools, with specific school assignments based on address. The neighborhood's location provides access to a variety of public, private, and charter school options throughout the Near West Side and greater downtown area. Prospective residents should research current school boundaries and ratings.
Transportation & Connectivity
Midway Park boasts exceptional transportation access, with multiple CTA bus lines serving the area and the Ashland Green and Pink Line L station nearby. Its central location offers quick drives or transit rides to the Loop, major expressways, and Ogilvie Transportation Center. This connectivity makes commuting and exploring the city highly convenient.
Why Choose Midway Park
Midway Park is ideal for those seeking a quiet, park-centered neighborhood that sits directly next to one of Chicago's most dynamic dining and entertainment districts. It offers a unique blend of residential calm and urban excitement, supported by excellent transit links. The area attracts professionals and families looking for a well-connected, amenity-rich community within the city.
Sources
- U.S. Census Bureau, American Community Survey 5-Year Estimates (2022) — data.census.gov
- Redfin Neighborhood Market Tracker — redfin.com/news/data-center
Midway 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 Midway Park, Chicago
Local agent underwriting is in progress
Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Midway Park, Chicago, IL. Explore the available cited neighborhood data on this page.
Agent selection follows our published merit criteria. Do not infer or fabricate agent names.
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