Why Live in Edgewater
Edgewater in Chicago is a vibrant neighborhood known for its diverse community and range of activities. It features a mix of housing options, from high-rise condos along Sheridan Road to Victorian-influenced single-family homes and modern townhouses. The neighborhood is highly walkable, with easy access to the Red Line of the L and expressways, making commuting convenient. Edgewater offers a variety of dining options, including southern comfort food at Big Jones in nearby Andersonville, African restaurants on Broadway, and the popular Ethiopian Diamond Restaurant and Bar. Grocery shopping is convenient with Whole Foods Market and Maisano’s. Local schools include Senn High School, known for its fine arts magnet program and impressive architecture, and several public elementary schools. Edgewater also has private school options like Sacred Heart Schools and St. Thomas of Canterbury Catholic. For recreation, residents enjoy the expansive Kathy Osterman Beach, the Edgewater Dog Park, and numerous green spaces with walking trails and basketball courts. The neighborhood hosts regular block parties and events like Edgefest, a major summer celebration. Cultural activities are abundant with performances at the Raven Theatre and The Edge Theater. Loyola University, located in the northeastern corner, adds to the area's dynamic atmosphere with its large student body and Art Deco buildings. Safety in Edgewater is comparable to the national average, providing a balanced living environment.
Home Trends in Edgewater, IL
On average, homes in Edgewater, Chicago sell after 28 days on the market compared to the national average of 52 days. The median sale price for homes in Edgewater, Chicago over the last 12 months is $285,000, up 17% from the median home sale price over the previous 12 months.
Median Sale Price
$285,000
Median Single Family Sale Price
$935,000
Median Townhouse Sale Price
$635,000
Median 2 Bedroom Sale Price
$325,000
Median 1 Bedroom Sale Price
$182,250
Average Price Per Sq Ft
$258
Number of Homes for Sale
108
Last 12 months Home Sales
589
Median List Price
$289,900
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
17%