Neighborhoods · Far North Side
Why people love it
Two universities, a forest preserve, and the North Shore Channel all inside two square miles. North Park is green, quiet, and genuinely mixed, with strong Swedish roots and one of the most diverse buyer pools on the North Side.
What's drawing people
North Park University and Northeastern Illinois University anchor a constant demand base of faculty, staff, and families, and the condo market shows it: the median is up every single window since 2013 with not one decline in twelve years.
The value
A $210,000 median condo against $2,075 two bedroom rents is one of the friendliest rent-to-price ratios left on the North Side. The condo is the traded product here, and the ledger says it never goes down, it just grinds up.
What people say about North Park
Two universities, a forest preserve, and the North Shore Channel all inside two square miles.
North Park sits between Devon, Foster, the river, and Pulaski, and it may be the most institution-rich two square miles on the Far North Side. North Park University has been here since its Old Main went up in 1894, Northeastern Illinois University opened in 1961, and WTTW broadcasts from the neighborhood. Add LaBagh Woods, the North Shore Channel, and North Park Village and you get a community area that is nearly as much green space and campus as it is housing.
The housing tells two stories. The corridors along Bryn Mawr, Kedzie, and Kimball carry the condo stock, vintage courtyard buildings and mid-rise associations, and that is the product that actually trades: 198 condo sales in the last three years. Behind the corridors sit brick singles and two-flats on quiet streets, including some serious houses near the river where recent sales have cleared $800,000 and $950,000.
The condo series is the steadiest chart I have built anywhere in the city. From $73,000 at the bottom of the foreclosure era to $210,000 now, the rolling median has never posted a down window. Counts peaked at 300 per window in 2022 and have eased to 198, so the recent gains are happening on thinner, healthier volume. The early numbers reflect distressed-era pricing, which is exactly why the long climb is real.
North Park fits first-time buyers who want a mortgage payment under their current rent, university people who want to walk to work, and landlords who like tenants with institutional paychecks. At a $210,000 median with $2,075 rents on two bedrooms, the math works without heroics. One honest flag: my southern boundary picks up a few blocks of the Albany Park border, which trades similarly.
Last updated August 2026.
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