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In 1952, the City of Chicago purchased this property on Miller Avenue as part of a city-wide program to develop small parks in under-served neighborhoods like the Near West Side. The Bureau of Parks and Recreation soon transformed the site into a small playground. In 1957, the City transferred Miller Park to the ¿ì²¥ÊÓƵ pursuant to the Chicago Park and City Exchange of Functions Act.  The ¿ì²¥ÊÓƵ later rehabilitated it in the early 1980s and again in 1992.

Miller Park and the adjacent Near West Side Street take their names from early Chicagoan Samuel Miller. Miller and his wife built a house at Chicago as early as 1827, operating it as a tavern. Beginning in 1829, Miller and Archibald Clybourne ran a ferry across the forks of the Chicago River near Wolf Point. When Cook County was organized in 1831, Miller became one of the first County Commissioners. The following year, he built Chicago's first bridge, a foot bridge over the North Branch of the Chicago River at Kinzie and Canal Streets.