Concerns about the lack of playgrounds in congested parts of the city spurred the Commercial Club of Chicago to create a small park in the West Town neighborhood. A prominent and influential business organization, the club participated in various projects to improve and beautify the city, including sponsoring Daniel H. Burnham's seminal 1909 Plan of Chicago.
For the playground project, club members donated $10,000, the largest gift for such an effort at the time. The park was named Lincoln Playground, for adjacent Wolcott Avenue, previously known as Lincoln Street. In 1889, the club donated the park to the City of Chicago, stipulating that it be named in honor of the Commercial Club, and that the name never be changed again. In 1929, the club donated more land to expand the park with the same stipulation.
The Commercial Club remained active in supporting this and other playgrounds for many years. It donated $1,000 for an ornamental fence around Commercial Club Park in 1908, and made annual $200 gifts to provide prizes for athletic contests and competitions in numerous municipal parks.
When Commercial Club Park first opened to the public, it included playground equipment, sand courts, a shelter house, and a playfield that was flooded for skating in the winter. By 1938, the city had constructed a fieldhouse in the park, providing a gymnasium and play room.
Title of Commercial Club Playground Park of Chicago was transferred to the Chicago Park District in 1957 pursuant to the Chicago Park and City Exchange of Functions Act. In 1980, the park district rehabilitated the fieldhouse and enlarged Commercial Club Park by acquiring and demolishing an adjacent electric sub-station.
