When my husband and I decided we needed to stretch out a bit more than our then 1-bedroom condo would allow, we cast a wide net into Chicago’s neighborhoods, but our criteria was firm: close to the lake, strong residential feel, and good walkability.
We stumbled upon a townhome close to the lakefront that had some architecturally cool features, was priced right, and had room for us to tackle some renovation work and add some equity to the home. Still relatively new to Chicago, we didn’t mind that the home was located in a neighborhood we were not very familiar with — Buena Park — and instead we focused on the investment opportunity and work we could put into the home.
What started as a this-looks-good-on-paper purchase turned out to be a great decision for us. We fell in love with the blocks surrounding our home, the neighbors we became closest to, the local businesses that kept popping up, and the amazing access to the lakefront. I could go on and on about Buena Park, but there are a few key highlights that I mention often to my clients who are considering purchasing in the neighborhood:
Buena Park is a small, primarily residential neighborhood that borders Lake Michigan. It seems like every street has sidewalks and mature trees, and there is a pedestrian path under Lake Shore Drive that provides easy access to the bike path, Montrose Harbor, and Marovitz Golf Course. Many don’t know one of the absolute GEMS of the city, architecture- and history-wise, is the enclave of beautiful homes and estates that reside on huge lots right off of Marine Drive — a perfect backdrop for a walk around the 'hood.
[Related: Family neighborhood guide to Sauganash]
Buena Park may be small, but its park game is mighty. Buena Park Circle, Peace Circle (tranquility and waterfall!), Challenger Park and even Challenger Dog Park are all sprinkled throughout the neighborhood. And of course, immediate access to the lakefront trail, Montrose Harbor and beach, Montrose Lakefront Track, Montrose Point bird sanctuary (an amazingly peaceful spot) and Cricket Hill.
Park View Montessori is a cheerful spot for pre-k kids, and Walt Disney Magnet is not only extremely popular for families in the neighborhood, but a sought-after school city-wide.
Eating & Shopping
For a relatively small neighborhood, Buena Park has a great selection of local dine- in or take-out spots along Montrose and Broadway. There are multiple grocery options, and a Target nearby that makes errands quick and easy. Plus, if you are looking for more action, Lakeview is so close you have the best of both worlds — additional restaurant and boutique options are hopping just minutes away, but you get to go back home to your quiet, residential street.
Compared to other neighborhoods south along the lakefront or west of downtown, Buena Park real estate can be very reasonably priced. For an extra 5-10 minutes north on Lake Shore Drive, you can maximize your purchase power with a lot more space and amazing access to Lake Michigan.
Our family has doubled since we bought our beloved Buena Park townhouse and we had to move on to our next chapter, but I’ll always have a nostalgic love for the neighborhood. It’s one of those communities I never get sick of talking about…and I just may have recruited a buyer or two who has now planted roots in this Chicago gem!