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Central Station

Central Station

Urban Core Neighborhood in Chicago, Illinois

Cook County 60605, 60616

$565,157 Average Value
$384 Average Price per Sq Ft
74 Homes For Sale

From warehouses to high-rise living

Central Station started as a warehouse district before 1990, but recent redevelopment has turned it into a modern residential area full of sleek high-rises and shopping destinations. Like the neighborhood itself, new residents find themselves quickly becoming a part of the heart of Chicago. Central Station offers an eventful lifestyle of outings to parks and dining establishments, with the added benefit of fantastic Chicago schools just a quick trip away. The area is popular with more than just people as “Central Station is considered one of the most dog-friendly locations in urban America... There are so many parks you can walk to. Grant Park is massive, and you have the 16th Street dog park,” says Grigory Pekarsky, the owner of Vesta Preferred Realty, who has served the Chicago area for more than 14 years.

Central Station was a warehouse district prior to 1990, but is now a modern residential area.
Central Station was a warehouse district prior to 1990, but is now a modern residential area.
Grant Park borders Central Station to the north and is the crown jewel of Chicago's lakefront.
Grant Park borders Central Station to the north and is the crown jewel of Chicago's lakefront.
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Townhomes and penthouses

Central Station is a hub of towering condos and popular townhomes. There are plenty of loft-style and penthouse condos ranging from steel to brick, with many buildings offering amenities to make it feel more like a community. Homes in this area have prices as vast as the city around it, with one and two-bedroom condos starting around $250,000 and going up to $1 million for a three- and four-bedroom penthouse condo or stately brick townhouse. One Museum Park is an iconic example of luxury residential high rises in Central Station. Built in 2008, it expresses a contemporary style of pristine glass and steel that rises 62 stories. Residents here have access to a community room overlooking Grant Park, a fitness center, a movie theater, a dog run and a dog spa.

Central Station has a variety of townhome styles for homebuyers.
Central Station has a variety of townhome styles for homebuyers.
Many high rises in Central station offer a luxurious feel with amenities.
Many high rises in Central station offer a luxurious feel with amenities.
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Roosevelt Collection Shops

Roosevelt Road is the northern cap of Central Station, where residents can find a bustling retail corridor. One such hotspot is the Roosevelt Collection Shops, an open-air mall just west of the neighborhood that features famous companies such as Banana Republic and retail giants like Target. The mall also offers Pacino’s, a chic Italian restaurant with classic dishes like a Margherita pizza with San Marzano tomato sauce, fresh mozzarella and basil. There is also the ShowPlace ICON Theatre, where locals can easily watch blockbuster hits. Locals can also find nooks in the neighborhood like the Little Branch Café, a bright, casual space where the conversation keeps going with a pleasant cup of coffee or tea. Restocking the kitchen is also a snap with household names including South Loop Market and Jewel-Osco within walking distance from residences.

Central Station offers outdoor shopping, like the Roosevelt Collection.
Central Station offers outdoor shopping, like the Roosevelt Collection.
Big box retailers can be found at Roosevelt Collection in Central Station.
Big box retailers can be found at Roosevelt Collection in Central Station.
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The Chicago Marathon and nearby attractions

Many of downtown’s most significant events happen near Central Station, such as the annual Chicago Marathon in October every year, which surpassed 1 million finishers in 2023 and is quickly making Chicago a city of marathoners. For additional fun, the neighborhood is less than a mile from Soldier Field, which is ideal for locals looking to catch a Bears game. For fun that is not sports-related, the Field Museum and the Shedd Aquarium mean a day of excitement is never far away.

Central Station is located just minutes from the lakefront and Soldier Field.
Central Station is located just minutes from the lakefront and Soldier Field.
The Shark Tank at the Shedd Aquarium near Central Station is one of the more popular exhibits.
The Shark Tank at the Shedd Aquarium near Central Station is one of the more popular exhibits.
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Chicago Public Schools

Central Station students are taught by Chicago Public Schools, with many starting at Loop Elementary School from prekindergarten through eighth grade, which receives a B-plus rating on Niche. Pekarsky says it is “one of the best elementary schools in the city.” The C-minus rated Wendell Phillips Academy High School is the students' next and final stop. It is famous for being the oldest African American high school in the city of Chicago and offers 15 unique clubs to students, ranging from the knitting club to the School Beautification Club.

Located in Central Station, South Loop Elementary School is a dynamic and diverse school.
Located in Central Station, South Loop Elementary School is a dynamic and diverse school.
Central Station students may attend Phillips Academy High School.
Central Station students may attend Phillips Academy High School.
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Walking and relaxing in downtown Chicago

Central Station offers plenty of parks in the city’s center for locals, such as Mark Twain Park, a modest 2.5-acre space ideal for enjoying a stroll around the perimeter path or letting the kids run wild on the playground. While it is only a little over 1 acre, Webster Park is a big meeting ground for residents with an open grassy stretch with shade trees for playing fetch with your dog or a game of toss with friends. It offers excellent views of the surrounding high rises and historic walk-up homes. The neighborhood is also right next to the Museum Campus and Grant Park, two city highlights on Lake Michigan.

Webster Park in Central Station is a great place to take a stroll.
Webster Park in Central Station is a great place to take a stroll.
Mark Twain Park located in the Central Station neighborhood of Chicago features many amenities.
Mark Twain Park located in the Central Station neighborhood of Chicago features many amenities.
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Chicago’s Metra and buses

South Michigan Avenue and East Roosevelt Road are the main thoroughfares for the neighborhood, offering access to the rest of the area and South Lakeshore Drive, one of the major roads of Chicago. The area is very walkable, with plenty of sidewalks and routes for bikes and scooters. For public transportation, the Roosevelt Metra station nearby allows access to the Red, Orange and Green lines. Bus fans can also rejoice, as several stops are along South Indiana Avenue. For east and west coast trips, Chicago Midway International Airport is 10 miles to the southwest of the neighborhood.

The Roosevelt station allows commuters of Central Station to get around Chicago.
The Roosevelt station allows commuters of Central Station to get around Chicago.
Bus stops are found throughout the Central Station neighborhood.
Bus stops are found throughout the Central Station neighborhood.
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The hustle and bustle of downtown

All the excitement of downtown leads to the clustered traffic and booming noise that can be expected in one of the country’s largest and most popular cities.

Central Station has both high rises and town homes, accommodating a variety of home buyers.
Central Station has both high rises and town homes, accommodating a variety of home buyers.
One Museum Park is an iconic residential high rise in Central Station.
One Museum Park is an iconic residential high rise in Central Station.
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Braxton Puentes
Written By
Braxton Puentes
Justin Schmidt
Photography Contributed By
Justin Schmidt
Jason Jacot
Video By
Jason Jacot

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Interested in learning more about homes in this area? Reach out to Rafael Murillo, an experienced agent in this neighborhood.

Parks in this Area

Transit

Airport

Chicago Midway International

17 min drive

Bus

Indiana & 16th Street

Bus

Roosevelt & Michigan & Indiana

Bus

Indiana & 14th Street

Bus

Michigan & 14th Street

Bus

Indiana & 15th Place

Bus

1440 S Indiana

Bus

Michigan & 13th Street

Crime and Safety

1 - Low Crime, 10 - High Crime Central Station US
Homicide 3 4
Sexual Assault 6 4
Assault with Weapon 3 4
Robbery 7 4
Burglary 3 4
Motor Vehicle Theft 4 4
Larceny 5 4
Crime Score 5 4

Source: WhatIsMyCrimeRisk.com

Demographics and Home Trends

Home Trends

Median Price (12 Mo)
$482,500
Median Townhouse Price
$815,000
Median 2 Bedroom Price
$475,000
Median 1 Bedroom Price
$310,000
Average Price Per Sq Ft
$384
Number of Homes for Sale
74
Last 12 months Home Sales
200
Months of Supply
4.40
Median List Price
$480,000
Median Discount From 1st List Price
0%
Median Home Sale Price YoY Change
2%

Home Facts

Number of Homes in Neighborhood
2,826
Median Year Built
2006
Avg. Single Family Home Size Sq Ft
1,200
Significantly below the national average
1,936
Average Townhouse Size Sq Ft
2,708
Average 2 Bedroom Size Sq Ft
1,512
Average 1 Bedroom Size Sq Ft
1,022
Median Lot Size Sq Ft
54,014

Open Houses

  • Saturday, May 3
    11am - 1pm

    1632 S Indiana Ave Unit 506, Chicago, IL 60616

    $242,000

    • 1 Bed
    • 1 Bath
    • 800 Sq Ft
    • 1632 S Indiana Ave
    • Unit 506
    • New 25 days ago

    Stunning Brick & Timber Loft in the Heart of South Loop! Experience vintage charm with modern elegance in this 1-bedroom, 1-bath loft at the historic Bicycle Station Lofts. This spacious home boasts soaring timber ceilings, exposed brick, and oversized windows, flooding the space with natural light. The open-concept kitchen features 42-inch cabinets, granite countertops, stainless steel

    Lisa Huber Jameson Sotheby's Intl Realty

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  • Saturday, May 3
    11am - 1pm

    1335 S Prairie Ave Unit 1609, Chicago, IL 60605

    $515,000

    • 2 Beds
    • 2 Baths
    • 1,380 Sq Ft
    • 1335 S Prairie Ave
    • Unit 1609

    *Luxury Condo in Prestigious Museum Park* Experience the epitome of urban living in this stunning condominium residence, perfectly situated in Chicago's coveted Museum Park neighborhood. Enjoy breathtaking city and West views from the expansive balcony, overlooking the beautiful park below and beautiful sunset views. The sophisticated split-bedroom floor plan offers privacy and comfort. The

    Christophe DuPont Berkshire Hathaway HomeServices Chicago

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  • Wednesday, Apr 30
    4 - 5pm

    1478 S Prairie Ave Unit N, Chicago, IL 60605

    $899,900

    • 4 Beds
    • 2.5 Baths
    • 3,100 Sq Ft
    • 1478 S Prairie Ave
    • Unit N

    Rare corner home in South Loop town in desirable Central Station with gated street on Parkway/Green Boulevard. The wrapped windows shower light from the South and East across the wide floor plan. This oversized 4 bed + Den on walk in level corner home is priced reasonably to give you the room you need to make the updates you deserve to do yourself. This special location is close to The Lake,

    Phil Buoscio Keller Williams ONEChicago

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Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Condo Buildings

Interested in learning more about homes in this area? Reach out to Rafael Murillo, an experienced agent in this neighborhood.

Average Home Value




Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Renters

Demographics

Total Population
9,628
Median Age
40
Population Density
115 ppl/acre
Population under 18
17.7%
Below the national average
23.8%
Population over 65
15.8%
On par with the national average
19.1%

Finances

Median Household Income
$122,571
Significantly above the national average
$71,702
Average Household Income
$155,694

Education and Workforce

High School Graduates
94.3%
College Graduates
77.8%
Significantly above the national average
34.1%
Advanced Degrees
52.7%
Significantly above the national average
13.3%
% Population in Labor Force
80.1%

Weather

Annual Precipitation
34''
Average Winter Low Temperature
20°F
Average Summer High Temperature
84°F
Annual Snowfall
40''

Area Factors

Biker's Paradise

Bike Score®

92 / 100

Very Walkable

Walk Score®

87 / 100

Rider's Paradise

Transit Score®

90 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
Central Station