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Real Estate > Chicago
Neighborhoods > Dearborn Park |
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Dearborn Park |
Located in the South Loop, many residents of Dearborn Park, just a few blocks south of the Loop, can walk to work. Bounded by Polk, State, 15th and Clark streets, Dearborn Park contains more than 1,200 condos, townhouses and rental apartments in mid- and high-rise buildings.
The southern portion of the Loop, which at one time ended in hundreds of acres of unused rail yards south of Dearborn Station, had a sleazy reputation and was considered by most developers to be too risky. Early in 1972, the pursuit for a new neighborhood in the Loop began with Mayor Richard J. Daley. Then, in 1976, ground was broken for Dearborn Park, one of the first new communities to be built in the central city. More than 1,000 units of apartments and townhouses were built in a series of low-, mid- and high-rise buildings through the mid-1980s. Two parks and a new public school were also part of the community’s mix of residential townhomes and single-family homes.
Although a new development, Dearborn Park has started to resemble a real community. There are neighborhood schools and events, such as the Burnham Park 5K Renaissance Run and Walk and the Printer's Row Book Fair. Dearborn Park is now a peaceful little community of green parks and tree-lined sidewalks and a testament to a successful urban renewal effort.
A prime attraction of these neighborhoods is the opportunity to walk to work. The Loop area also has one of the best urban/suburban public transportation networks in the nation. Buses, trains, subways, elevated tracks and expressways run from downtown to nearly every corner of the city and many suburban locations.
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