Grant Park, Elgin, IL
Grant Park — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Grant Park, Elgin, Illinois. Explore the cited sources and local facts below while agent underwriting continues.
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Grant Park Neighborhood Overview
Grant Park is a residential neighborhood located in the city of Elgin, Illinois. It offers a quiet, community-focused atmosphere within the larger urban setting. The area is characterized by its proximity to local parks and convenient access to daily necessities.
Lifestyle & Amenities
The neighborhood is anchored by its namesake, Grant Park, which provides green space for recreation and community gatherings. Residents enjoy convenient access to shopping and dining options along nearby Randall Road and McLean Boulevard. This balance of outdoor space and commercial amenities supports a comfortable suburban lifestyle.
Real Estate Market
The housing market in Grant Park primarily consists of single-family homes, many of which were built in the mid-to-late 20th century. According to U.S. Census data, the median home value in the area is $214,700. This represents a more affordable entry point into the Elgin housing market compared to some neighboring communities.
Schools & Education
Families in the Grant Park neighborhood are served by School District U-46, one of the largest in Illinois. The specific schools serving the area include elementary, middle, and high school options. Parents have access to the district's various academic and extracurricular programs for their children.
Transportation & Connectivity
Grant Park benefits from excellent connectivity via major roads like McLean Boulevard (IL-31) and the nearby I-90 expressway. This provides straightforward commutes to employment centers in Elgin, Chicago, and the surrounding northwest suburbs. Public transit options are available through the Pace bus system.
Why Choose Grant Park
Grant Park is an ideal choice for homebuyers seeking an established, affordable neighborhood with a strong sense of community. With a median household income of $78,360, residents enjoy a solid standard of living. Its combination of local parks, convenient access, and value-oriented housing makes it a practical and welcoming place to call home.
Sources
- U.S. Census Bureau, American Community Survey 5-Year Estimates (2022) — data.census.gov
Grant Park Market Data
| Metric | Value |
|---|---|
| Median Home Price | $215K |
| Median Gross Rent | $1K/mo |
| Median Household Income | $78K |
| Homeownership Rate | 65.3% |
| Renter-Occupied | 34.6% |
| Rental Vacancy Rate | 1.9% |
| Market Type | Seller's |
| Market Tier | Mid-Market |
| Primary ZIP Code | 60120 |
| 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 Grant Park, Elgin
Local agent underwriting is in progress
Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Grant Park, Elgin, 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