Margate Park forms the eastern border of Uptown and Edgewater, nested between the recently revitalized strip of new construction on Sheridan Rd. and the pleasantries of the Lincoln Park (Chicago) northern reaches. Its tree-lined streets, historic mansions, and gilded mid-rises reflect the area's development in the bustle of Uptown Chicago's burgeoning entertainment industry in the early 1900s. The diverse housing also includes ornate, terra-cotta clad hotels, immortalized in movies as Chicago Gangster Era apartment hotels. Some of these 1920's Jazz Age hotels have been since been converted to SROs in the area to provide transitional and supportive housing, adding to the tremendously diverse population of the area.

This lakefront neighborhood is home to Margate Fieldhouse, a gym and fitness facility. The area around the fieldhouse is an official off-leash area in the city for dogs. Annual city permits are required for dogs using the areas.

The fieldhouse is also host to the Margate Playground, with 1400 square feet of playspace for children. Artists Jim Brenner, Corinne D. Peterson, Ginny Sykes, and Roman Villareal created a unique space reflecting the urban locale catering to children's interests and local fauna.