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Edgewater Neighborhood Information



Location

Edgewater is located along Lake Michigan, six miles north of Chicago's Loop. Its boundaries are: West from Lake Michigan to Ravenswood Avenue (1800 West); and North from Foster Avenue (5200 North) to Devon Avenue (6400 North). Edgewater it is a community of 62,000 people who enjoy the benefits of a lakefront setting, convenient public transportation, local schools, a public library and parks.



Community Info / History

In 1880 developer John Lewis Cochran purchased 76 acres of land on Lake Michigan's shore to create a small town he named Edgewater. Within a decade Cochran's town joined the city of Chicago.

Edgewater has been a part of Chicago for more than 100 years. For nearly 50 of those years the Edgewater community was synonymous with the Edgewater Beach Hotel, a Miami style hotel built by two entrepreneurs after a deal to buy the Chicago Cubs failed. The staff at this pink stucco complex along Lake Michigan catered to the whims of out-of-town celebrities like Bette Davis, Babe Ruth and Marilyn Monroe and treated ordinary Chicagoans to music filled evenings on the beach. In the 1960s the hotel was torn down and interest in the community waned, but it never died. Thanks to strong civic and business leaders, the Edgewater community's future is bright. Landmark status granted to significant structures prohibits further teardowns. The local economy is strong due to guidance given to entrepreneurs who are encouraged to locate businesses in commercial areas.



Edgewater Real Estate

Real Estate in Edgewater is "just right" according to The Fannie Mae Foundation which named Edgewater one of only 10 urban communities in the United States "just right for affordable homeownership". Edgewater condos are currently selling as low as $89,000; the median home value is $243,500 and the average price of a single-family home in Edgewater is $464,700. Housing types include: Prairie Style, bungalows, Victorian, stucco, wood frame and 4-plus 1.
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Transportation

Edgewater homeowners make the quick commute to the Loop via the Metra railroad (at the Ravenswood station), on express and local buses that run along the lakeshore (#136 Sheridan/LaSalle, #147 Outer Drive and #151 Sheridan) or on the Red Line (El stations are located at Granville Ave., Thorndale Ave., Bryn Mawr Ave. and Berwyn Ave.). Restaurants, shops and other businesses located on busy commercial streets are served by the #22 Clark and #36 Broadway buses. Permit parking on residential streets and city ordinances requiring off street parking for newly constructed lofts, condos and homes minimize parking problems.



Schools

Edgewater homeowners can educate their children within the community from pre-school to college. Resourceful educational programs at some of Edgewater's public schools include a state-of-the-art computer lab at the Helen C. Pierce School, an after school academic program at the George B. Swift Specialty School and at the William C. Goudy School, named for the first president of the Chicago Bar Association, students study the American legal system with field trips to local courts. In addition to these PreK-8 schools, Nicholas Senn High School is one of only 16 schools in the nation recognized for its community service program which allows Edgewater students to learn while helping their neighborhood. Private elementary and high schools in the Edgewater community include the Northside Catholic Academy, the Sacred Heart Schools and the Rogers Park Montessori School. Loyola University Chicago which straddles Rogers Park and Edgewater is ranked by U.S. News & World Report among 50 universities recognized for offering the best value for a college education.



Nightlife / Entertainment / Restaurants

Finding fun in Edgewater isn't difficult. Nightlife ranges from grabbing a couple of beers at the Fireside, to browsing racks of records at Dr. Wax, to catching a play at the Raven Theatre on Clark or the City Lit Theater Co on Bryn Mawr. Restaurant options include neighborhood branches of Chicago favorites such as Ann Sather, Carson's, Francesca's Gino's pizza, Ranalli's and Reza's, as well as locally owned Ethiopian, Thai, Chinese, French-Vietnamese, and Middle Eastern restaurants.



Festivals / Parks

For two days in June, Clark Street from Foster Avenue to Balmoral Avenue is the setting for Midsommarfest, one of Chicago's best known neighborhood festivals. Annually more than 40,000 people enjoy this festival of fun, ethnic food and live music.

With Lincoln Park and Grant Park dominating the Northside lakefront, it's easy to overlook Edgewater's parks. Edgewater families have easy access to children's playgrounds and some unusual parks. Three parks are Lake Michigan beaches: Osterman, Foster Avenue and Lane and at the Broadway Armory Park, circus performers give Edgewater homeowners flying trapeze instruction.
 
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