Located just southwest of the Loop, McKinley Park is a unique Chicago neighborhood boasting a historic past. Named for the 25th President of the United States, William McKinley, the area’s namesake 69-acre park is the cornerstone of the neighborhood. Nestled in the geographic center of Chicago, McKinley Park was originally settled in 1836, quickly becoming a booming industrial hub. Today, the neighborhood is a vibrant area with a variety of housing options ranging from beautifully converted lofts to classic Chicago bungalows. Recognized in 2019 as one of the country’s trendiest neighborhoods, McKinley Park’s proximity to some of the city’s hottest locales, easy transportation options, and diverse housing options lend to the area’s popularity among Chicago residents.
Ever since early immigrants settled in McKinley Park, a strong work ethic has flowed through the community’s veins. The working class tradition began in 1836 when Irish laborers took up squatting rights in McKinley Park as they built the Illinois and Michigan Canal. The small squatter’s village continued to develop through the 1840s and farmers began to drain off swampy areas to create suitable crop land. The I & M Canal was finished in 1848 and about a decade later the Alton Railroad laid tracks through McKinley Park in 1857.
The use of the railroad and waterways created a small boom for McKinley Park during and well after the Civil War. Though the early farmers successfully drained some soil for farm use, most of McKinley Park remained a mild wetland—perfect for breeding those pesky mosquitoes. Ironically, the area acquired the nickname 'Mount Pleasant' despite the muck, insects, and garbage problems. Even with less than ideal terrain, full of tribulations and obstacles, McKinley Park was annexed into Chicago in 1863.
The Great Chicago Fire of 1871 spared much of the neighborhood of McKinley Park, and additionally created a need for working class labor and raw building products. The next five years saw eleven factories, producing mostly iron and steel, go up in the area. In addition, the meatpacking operations on the south side of Chicago picked up production. These industries created a steady flow of jobs, fixing McKinley Park as a blue-collar boomtown.
As McKinley Park worked into the future, more and more pollution poured out of its factories. Irish, German, Swedish, English, and native-born Americans remained in the prosperous area even as meatpacking houses dumped waste directly into the Chicago River, which runs slightly above and parallel to the McKinley Park community. Needless to say, residents were not happy with the circumstances at hand and made their feelings known over and over again to no avail. However, as McKinley Park hit the turn of the 20th century, the years of complaints were heeded, as local community politicians felt the pressure to make a change. The pollution was not only regulated, but remedied. Clean up ensued and tidier forms of industry, including a Pepsi-Cola Bottling Plant and a large publishing plant for the Chicago Sun-Times, took over the industrial scene.
McKinley Park facts
Location: About 5 miles southwest of the Loop Bordering Neighborhoods:Bridgeport, Brighton Park, Back-of-the-Yards, Little Village Boundaries: Stevenson Expressway to the north, Ashland Avenue to the east, Pershing Rd to the south and Western Avenue to the west Crime Statistics: Go to CLEARMap to search specific streets and areas for crime incidents
McKinley Park transportation
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McKinley Park Real Estate
McKinley Park is a slow and steady kind of Chicago neighborhood—isn’t that the type that wins the race? But seriously, McKinley Park has been developing through generations of working-class families that first settled the land in the 1830s. Now, over a century later, McKinley Park is still a cozy, family-focused neighborhood with affordable housing, on the cusp of being on the rise. The residential streets reveal an appealing mix of old and new structures, where modern townhomes occasionally sit catty-corner to century-old homes.
New townhouses, smaller apartment complexes, and two- to four-story flats line the avenues next door to neighborhood parks. A variety of smaller bungalows, raised ranches, and single-family homes round out the housing options in McKinley Park. In general, the homes include spacious living areas, reasonable property values, and a short commute on the Stevenson Expressway (I-55) to downtown Chicago.
Generally, the average sales price for a one-bedroom condo in McKinley Park is $209,000, but you can easily find places in the mid to upper $100,000s. Two or three-bedroom units average around $278,000 with a few in the $350,000 to $375,000 range. Detached single-family homes with three bedrooms sell for as low as $90,000, but can reach into the $400,000s. While not common for the majority of McKinley Park housing, some of those century-old historic homes are valued at a million dollars.
The average sale price of a home in McKinley Park is represented by the chart to the right. The red line indicates the average price based on the total time frame selected in the drop-down window. The blue line indicates the average sale price for the particular month within that time frame. For more detailed information on McKinley Park sign up for the trends report below or contact your Dream Town broker.
The average number of days a home in McKinley Park spends listed for sale is represented by the chart to the right. The red line indicates the average number of days based on the total time frame selected in the drop-down window. The blue line indicates the average number of days a home spent on market during the particular month within that time frame. For more detailed information on average market listing times in McKinley Park sign up for the trends report below or contact your Dream Town broker.
The average sale price of a home compared to its listing price in McKinley Park is represented by the chart to the right. The black line indicates the baseline listing price for homes during the time frame selected in the drop-down. The red line indicates the difference between the average listing price and the average sale price during the particular month within that time frame. For more detailed information on McKinley Park sign up for the trends report below or contact your Dream Town broker.
The total number of listings in McKinley Park is represented in the chart to the right. The red line represents average number of days based on the total time frame selected in the drop-down window The blue bar represents the current number of listings during the particular month of that time frame. For more detailed information on McKinley Park sign up for the trends report below or contact your Dream Town broker.
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