Flower gardens, open green lots and a mixture of homes dot the residential streets of the tiny Princeton Park neighborhood. The community is set in a nook created by the vital transportation arteries on Chicago's south side, which means Princeton Park residents have optimal commuting advantages into downtown and to other parts of the city. The neighborhood blocks are occupied with single-family houses and multi-unit residences that supply Chicagoans with a diverse set of real estate options. Most properties are older bungalows and ranches, however, there are refurbished flats and condos offering modern amenities and finishes.
Princeton Park shares its history with the surrounding Chicago neighborhoods of Gresham, Rosemoor, and West Chesterfield. This section of land was settled by German and Dutch immigrants in the mid 1800s, most of whom were truck farmers, growing mass amounts of a single type of crop to sell in distant markets. As railroad construction boomed around Princeton Park in the 1860s and ‘70s, Irish immigrants who worked at the construction sites took up residence in the next door residential enclave. Another draw to the vicinity for early inhabitants was the establishment and growth of the nearby Pullman neighborhood, famed for its train car factory and planned town owned by the Pullman Company. As 1893 approached and the city prepared to host the World’s Columbian Exposition, modern improvements such as the addition of street car lines and drainage systems brought even more people to the area to stay.
It was transportation and accessibility that continued to cause the neighborhood to prosper and grow from 1910 on into the 1930s. More and more train and street car lines were built as the years passed. Families sought homes here in an attempt to escape the highly congested city neighborhoods. During the 1950s and ‘60s, large numbers of African Americans took up residence in Princeton Park and surrounding subdivisions. This was a common trend in many of Chicago’s south side locations at the time that caused racial tensions, which sometimes resulted in violence. However, in and around the neighborhood of Princeton Park, the negative reactions were not as apparent and the diverse mix of residents fared much better than other districts. Local community and church organizations created the Organization of Southwest Communities. This group made it a point to contend with any tensions among neighborhood members through education of its residents and also stressed the importance of the upkeep of individual properties and public parks.
Today, the tiny subdivision of Princeton Park is hugged on one side by the Dan Ryan Expressway and is situated at the starting point of the CTA Red Line 'El,' which conveniently serves the community’s needs for convenient transportation. Residents have also teamed up to beautify Princeton Park’s residential streets and individual lots by creating and maintaining many attractive private and public gardens throughout the neighborhood.
Princeton Park facts
Location: about 12 miles south of the Loop Boundaries: 91st Street to the north, the Dan Ryan Expressway to the east, 95th Street to the south and Stewart Avenue to the west Bordering Neighborhoods:Brainerd, Longwood Manor, West Chesterfield, Rosemoor, West Chatham Crime Statistics: Go to CLEARMap to search specific streets and areas for crime incidents
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Princeton Park Real Estate
For such a small area, housing styles in Princeton Park do vary quite a bit, providing families with a good selection of properties to suit their needs. Brick bungalows, raised ranches, new construction townhomes, older one-story frame houses, and low-rise multi-unit residences are all found along the streets of this south side Chicago neighborhood. Princeton Park is unique because it is sort of spliced in half, with the avenues on one side circling about instead of conforming to the Chicago grid. Multiple multi-unit residence buildings are found along the curving streets of Princeton Park’s western section, while single-family detached homes occupy the eastern part. Large lots with green lawns and a smattering of trees add color and life to the vicinity.
The price range for single-family dwellings goes from $50,000 (for a tiny two-bedroom) to the low $200,000s (for a brand new house with three bedrooms). The condominiums and townhomes in Princeton Park range in price from $85,000 to $200,000. As you might imagine, these multi-unit dwellings run the gamut in condition, amenities, and living space. Many of the higher-end properties are brand new three-bedroom units planned for in beautiful brick vintage-style flats that offer refinished hardwood flooring and upgrades like granite countertops in the kitchens. Of course, not all older residences in Princeton Park neighborhood have been refurbished to provide contemporary living areas. Other units occupy houses split for duplexes that could use a little TLC, if you know what we mean.
Roseland Residential Real Estate Info (Includes Princeton Park Neighborhood)
The average sale price of a home in Princeton 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 Princeton Park sign up for the trends report below or contact your Dream Town broker.
The average number of days a home in Princeton 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 Princeton 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 Princeton 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 Princeton Park sign up for the trends report below or contact your Dream Town broker.
The total number of listings in Princeton 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 Princeton Park sign up for the trends report below or contact your Dream Town broker.
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