Humboldt Park
Humboldt Park, a community of more than 60,000 on the northwest side of the city, is one of the largest communities in Chicago. Its location, the sprawling park that gives the area its name, and the many nearby conveniences and resources all add up to create an area with a lot to offer residents. Humboldt Park, along with nearby Wicker Park and Bucktown, is going through a redevelopment phase and property values are on the rise, making it a hot neighborhood for investors and home buyers alike.
Humboldt Park is thrumming with new construction. In areas directly to the north, west, and east of Humboldt Park are developments of new, modern, multi-unit buildings. Around Humboldt Park itself are massive and wondrous Victorian and Colonial houses build in the late 1800s. Many of these have weathered well and do not require much renovation, while others need updating and rehabilitation.
The park was founded in 1869, also the year that the neighborhood was incorporated into the City of Chicago, to honor Alexander Von Humbolt, a German scientist and explorer. Originally settled by German, Polish and Italian immigrants, the area is now a melting pot of African Americans and Latinos, as well as those of European heritage.
Homes in Humboldt Park range from $150,000 to $250,000. Multi-unit buildings in the neighborhood go for $200,000 to $350,000.
