The name is O'Hare after a WWII aviator from Chicago. But the ORD designator come from the past. The present airport is built on the site of another, older airport that was known as Old Orchard Airport. You learn a lot when you've been stuck in terminals for hours and hours ... and when your itinerary includes KORD ... bank on it.
Chicago O'Hare International Airport
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According to the wikipedia entry for O'Hare (which I can't link as an anonymous coward) the airport was originally Orchard Field Airport.
Reply to @XingR:
Actually the original name of the airport was Orchard Downs "ORD"
The name is O'Hare after a WWII aviator from Chicago. But the ORD designator come from the past. The present airport is built on the site of another, older airport that was known as Old Orchard Airport. You learn a lot when you've been stuck in terminals for hours and hours ... and when your itinerary includes KORD ... bank on it.