Section Image

Dearborn

Dearborn

Neighborhood in Chicago, Illinois

Cook County 60616

$341,579 Average Value
$272 Average Price per Sq Ft
2 Homes For Sale

A good thing in a small package

A small, tightly packed neighborhood of high-rise apartments and low-rise condos, Dearborn sits tucked in the heart of Chicago. It’s an affordable area given the location and is well-served by public transportation. Coupled with major expressways directly west and north, it makes Dearborn a commuter-friendly spot. Lake Michigan is just a few blocks east and provides weekend enjoyment, with parkland running up and down the shoreline, while not too far to the south the White Sox swing away at Guaranteed Rate Field.

Dearborn is a good choice because it is not far from the lakeshore or downtown.
Dearborn is a good choice because it is not far from the lakeshore or downtown.
Lake Shore offers miles of scenic bike trails not far from Dearborn.
Lake Shore offers miles of scenic bike trails not far from Dearborn.
1/2

Getting out and around with plenty of options

Sitting at the confluence of Route 90, Route 55, and the Dan Ryan Expressway, Dearborn has quick access to routes that take drivers throughout the region. However, for many residents, the walkable and bikeable nature of the neighborhood is a draw. Buses run along State Street slicing down the middle of Dearborn, while the Cermak—McCormick L stop – a handsome, modernized station – provides access to the Green Line only a few blocks north. O’Hare International Airport is a 20-mile drive, however public transport provides an easy, direct route. Residents are confident knowing that emergency services are only a block away at Insight Hospital and Medical Center.

The Cermak-McCormick station located in the Dearborn neighborhood is worth checking out.
The Cermak-McCormick station located in the Dearborn neighborhood is worth checking out.
Dearborn residents have access to the CTA public transportation for their daily commute.
Dearborn residents have access to the CTA public transportation for their daily commute.
1/2

No single-family homes to be found

Dearborn is a tightly packed area, and much of the neighborhood is dominated by the Dearborn Homes apartment complex. “You’ll see a lot of low-rise condominiums or lofts here that offer larger style living,” says Realtor Wendy Lee of Exit at Home Realty. “These are spacious units but less expensive compared to other areas nearby.” Some of these are in repurposed and updated turn-of-the-century industrial spaces merging wood and stone, while others are in modern conventional buildings featuring brick fronts and contemporary granite kitchens. Smaller lofts and condos will generally go in the range of $200,000 to $300,000, while large condos or condos with top-level views will fetch $450,000 and up.

Dearborn offers multiple apartments in various apartment buildings.
Dearborn offers multiple apartments in various apartment buildings.
Red brick apartment buildings are common in Dearborn.
Red brick apartment buildings are common in Dearborn.
1/2

An award-winning brewery

For a unique dining experience, Moody Tongue is a Michelin-starred brewery whose breweries take influence from the culinary world. The stylish interior features a fireplace surrounded by a small library and has received the Jean Banchet award “Best Bar in Chicago.” Enjoy dishes like caviar, seared scallops and steak in a setting of marble, leather and dark wood. For something much more informal, Ricobene’s is just northwest of the neighborhood, serving up classic Chicago-style pizza along with a legendary breaded steak sandwich. There are few grocery stores in the area – residents head a few blocks southwest to the Jewel-Osco for necessities.

Ricobene's began serving the people of Chicago near Dearborn in 1946.
Ricobene's began serving the people of Chicago near Dearborn in 1946.
Jewel-Osco is a grocery store located near Dearborn that offers a wide range of daily essentials
Jewel-Osco is a grocery store located near Dearborn that offers a wide range of daily essentials
1/2

Green space with a new fieldhouse

The 7-acre Williams Park features a 12,000 square foot fieldhouse that was completed in 2019, and it includes a gymnasium plus spaces for art and education. Recent outdoor updates include concrete benches, bike racks and new sidewalks. Dunbar Park is just east of the neighborhood and provides publicly accessible athletic facilities including basketball courts, tennis courts, baseball fields and an outdoor track.

Williams Park welcome residents with dogs to run and play at Dearborn, IL.
Williams Park welcome residents with dogs to run and play at Dearborn, IL.
Dunbar Park is right next ot Prairie Shores and has a seven lane track to just take a walk or run.
Dunbar Park is right next ot Prairie Shores and has a seven lane track to just take a walk or run.
1/2

Education to Careers program helps students succeed

Most students in Dearborn will head to Drake Elementary School within the neighborhood, which receives an overall C grade from Niche. For high school, Phillips Academy High School features an Education to Careers program that covers fashion design, graphic communications and drafting, and received a C-minus from Niche. Students can also attend magnet schools across the Chicago Public Schools system, or private options including nearby De La Salle Institute or St. Jerome Catholic.

Drake Elementary School is a school that caters to students who live in Dearborn.
Drake Elementary School is a school that caters to students who live in Dearborn.
Overview of Phillips Academy High School in the Bronzeville neighborhood.
Overview of Phillips Academy High School in the Bronzeville neighborhood.
1/2

Putting down roots

Just Roots, an urban farm located within the neighborhood, regularly connects with the community through events including art therapy workshops in the summer, Farm to Table dinners and a weekly Farm Stand. They also host neighborhood children through elementary and middle school field trips in an effort to demonstrate urban gardening and help the neighborhood alleviate fresh food shortages.

Dearborn residents take pride in their local community farms, such as the Saint James Farm.
Dearborn residents take pride in their local community farms, such as the Saint James Farm.
Jewel-Osco is a grocery store located close to Dearborn that provides daily essentials.
Jewel-Osco is a grocery store located close to Dearborn that provides daily essentials.
1/2

Higher learning has always been part of the neighborhood

Along the southern end of the neighborhood, Illinois Institute of Technology brings in students from around the world to pursue degrees in design, engineering, physics, and much more. College fields and sports centers bring in visitors and increase traffic, and college students are a common sight walking from class to class.

The Illinois Institute of Technology plays a significant role in the Dearborn neighborhood.
The Illinois Institute of Technology plays a significant role in the Dearborn neighborhood.
Keating Sports Center is located in Dearborn.
Keating Sports Center is located in Dearborn.
1/2
Andrew Tyson
Written By
Andrew Tyson
Jeffrey Knight
Video By
Jeffrey Knight

Agents Specializing in this Area

See All Agents

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 Carin Powell, an experienced agent in this neighborhood.

Parks in this Area

Transit

Airport

Chicago Midway International

16 min drive

Bus

State & 26th Street

Bus

Lasalle & 31st Street

Bus

State & 30th Street

Bus

State & 27th Street

Bus

State & 29th Street

Bus

State & 31st Street

Bus

State & 28th Street

Crime and Safety

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

Source: WhatIsMyCrimeRisk.com

Demographics and Home Trends

Home Trends

Median Price (12 Mo)
$360,000
Median 2 Bedroom Price
$372,500
Average Price Per Sq Ft
$272
Number of Homes for Sale
2
Last 12 months Home Sales
9
Months of Supply
2.70
Median List Price
$370,000
Median Discount From 1st List Price
0%
Median Home Sale Price YoY Change
33%

Home Facts

Number of Homes in Neighborhood
120
Median Year Built
1913
Avg. Single Family Home Size Sq Ft
1,500
Significantly below the national average
1,935
Average 2 Bedroom Size Sq Ft
1,309
Average 1 Bedroom Size Sq Ft
914

Open Houses

  • Saturday, Apr 26
    11am - 1pm

    2545 S Dearborn St Unit 513, Chicago, IL 60616

    $370,000

    • 2 Beds
    • 2 Baths
    • 1,102 Sq Ft
    • 2545 S Dearborn St
    • Unit 513
    • New 5 days ago

    Historic OPERA LOFTS 2 Bedroom, 2 Bathroom Loft Unit with Heated Deeded Garage Parking Space and Views of Downtown Chicago. This unit features exposed brick, hardwood floors throughout, high ceilings, in-unit washer and dryer, modern kitchen with stainless steel appliances and granite countertops and a master bedroom en-suite with generous closet space and marble double vanity. All kitchen

    Lauren Castillo O W Auction Group LLC

    Section Image

Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

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

Average Home Value




Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Renters

Demographics

Total Population
2,075
Median Age
32
Population Density
14 ppl/acre
Population under 18
33.4%
Above the national average
23.8%
Population over 65
10.7%
Below the national average
19.1%

Finances

Median Household Income
$22,999
Significantly below the national average
$71,702
Average Household Income
$48,501

Education and Workforce

High School Graduates
75.6%
Below the national average
89.1%
College Graduates
25.8%
Advanced Degrees
11.4%
% Population in Labor Force
55.3%
Below the national average
65.1%

Weather

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

Area Factors

Very Bikeable

Bike Score®

80 / 100

Very Walkable

Walk Score®

73 / 100

Excellent Transit

Transit Score®

70 / 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.

Nearby Neighborhoods

Reviews

Are you familiar with the Dearborn neighborhood? to let others know what life in this neighborhood is like.
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
Dearborn