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Morgan Park Real Estate and Neighborhood Information

Get to know Morgan Park

A southwest side haven of tranquility, Morgan Park's quiet cul-de-sacs and roundabouts are edged with leafy trees, Prairie-style bungalows and beautiful parks, offering families a suburban-esque quality to their big city lifestyle. The community planning commission has seen to it that Morgan Park maintains its historic homes, which include a mix of architectural styles beside the classic, brick Chicago bungalow. Oversized lots surrounded by green grass and verdant vegetation are prime properties in Morgan Park. They are also among the most expensive real estate in the area. Smaller residences, courtyard condominiums and townhomes supply less pricey housing that still boast larger-than-average yards and nearby community playlots. Morgan Parkers enjoy privacy at home, but like to get together at the 410-seat neighborhood arts center for a local play production, film screening or music concert.

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Morgan Park Real Estate

The Beverly Area Planning Association has worked hard to promote Beverly and neighboring Morgan Park to potential homebuyers. The group was successful in getting the city to grant landmark status to a section of the neighborhood’s many Prairie-style bungalows. And the association’s home tours have encouraged people to make Morgan Park their home. Detached single-family dwellings in Morgan Park include large houses set on sprawling, gated lots. Some homes were designed in the French chalet-style construction with peaked rooflines, brick exterior and tall chimneys. Other homes include nicely-kept brick bungalows surrounded by leafy trees and green yards. There are some new construction houses as well, but more common are older ranches and a variety of other housing designs in both one- and two-stories. In addition to handsome, well-kept residences Morgan Park does have some less attractive, rundown properties that would require some a bit of TLC. Attached multi-unit housing in this south side Chicago neighborhood is comprised mainly of vintage courtyard condos, new-construction townhomes with attached garages, and older brick low-rise condos. The average sales price for a two- or three-bedroom condo or attached housing unit in Morgan Park is $148,000. You can find a place for as low as $60,000, but the high end reaches into the mid $200,000s. For a three-bedroom single-family detached home, the average sales price is around $155,000. If you are looking for something bigger with more bedrooms, the average price goes up to around $365,000 with the high point in the mid $800,000s.

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