Peterson Park, Chicago, IL
Peterson Park — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Peterson Park, Chicago, Illinois. Explore the cited sources and local facts below while agent underwriting continues.
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Peterson Park Neighborhood Overview
Peterson Park is a residential neighborhood located on the far North Side of Chicago. It offers a quieter, more suburban-like atmosphere while remaining within the city limits. The community is known for its well-maintained homes and proximity to major parks and green spaces.
Lifestyle & Amenities
The neighborhood is anchored by its namesake, Peterson Park, which provides recreational facilities and open space. Residents enjoy convenient access to local shopping and dining options along major thoroughfares. The area maintains a strong sense of community with a focus on family-friendly living.
Real Estate Market
The real estate market in Peterson Park features primarily single-family homes. According to the U.S. Census, the median home value is $556,900, and Redfin data shows a current price per square foot of approximately $264. This indicates a stable and valuable housing market within the city.
Schools & Education
Peterson Park is served by Chicago Public Schools, offering families local educational options. The area is in close proximity to several well-regarded schools, both public and private. Families are advised to research current school district boundaries and ratings for the most accurate information.
Transportation & Connectivity
The neighborhood is well-connected by major roads like Peterson Avenue and the Edens Expressway (I-94). Public transportation options include several CTA bus lines providing access to the broader city. This connectivity makes commuting to downtown Chicago and other North Side neighborhoods relatively straightforward.
Why Choose Peterson Park
Peterson Park is an ideal choice for those seeking a peaceful, residential environment without leaving Chicago. With a high median household income of $121,294, it attracts established professionals and families. The combination of green space, community feel, and city access creates a highly desirable living situation.
Sources
- U.S. Census Bureau, American Community Survey 5-Year Estimates (2022) — data.census.gov
- Redfin Neighborhood Market Tracker — redfin.com/news/data-center
Peterson 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 Peterson Park, Chicago
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Peterson 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