This neighborhood`s namesake is one of the Chicago Park District`s proudest creations, covering more than ten square blocks and boasting multiple running paths, athletic fields and a lagoon. The area surrounding the park has undergone major changes in recent years, seeing a small boom in rehabbed and new construction condos and two- and three-flats. Humboldt Park plays host to a number of highly anticipated cultural events and several outdoor festivals along Division Street`s famous business corridor.