Chicago's Edgewater Neighborhood
Chicago's Edgewater - a community area bordered on the north by Devon Avenue, on the south by Foster Avenue, west by Ravenswood Avenue, and on the east by Lake Michigan - is located about seven miles north of the Loop.
Once a popular haunt of celebrities, politicians, and other big shots, Edgewater is still notable for its easy access to beaches, its plethora of winning local businesses, and its central Bryn Mawr historic district, which comes complete with vintage lamp posts and architecture that instantly whisks you back to the roaring 1920s.
Want to get a better feel for this unique slice of Chicagoland? Here are a few resources worth checking out:
Want to call Edgewater home? Ready to buy or sell in this amazing area? Here are the current housing market statistics for Edgewater that you need to know now:
Edgewater's Current Condo Market
1. The Median Sales Price of an Edgewater Condo Has Leveled Off
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While the South Loop is a large part of the Near South Side MLS neighborhood, residents tend to think of it as its own area with a distinct feel and a unique set of amazing cultural and historical offerings.
Among those offerings? The South Loop's eastern edge includes Museum Campus, a sprawling, gorgeous section of Grant Park that includes the Adler Planetarium, the Field Museum, and Shedd Aquarium, along with lots of green space and stunning views of Lake Michigan. Want even more greenery? The South Loop also boasts easy access to Northerly Island, an undeveloped peninsula that is a welcome refuge for city-dwelling nature lovers (and fans of outdoor concerts).
As for Chicago history, the southern edge of South Loop includes legendary Soldier Field, home of the Bears; the area also includes some of Printer's Row - once the central hub of the Midwest's publishing industry - and the Prairie Avenue "Millionaire's Row," the home to many of Chicago's 19th century elites. Plus, this area is home to facilities for some of Chicago's institutions of higher learning, like Columbia College Chicago and Roosevelt University.
Curious about what else to expect out of the South Loop? Here are a few handy resources worth checking out:
Ready to give the area a look for yourself?
Here are the current market statistics for South Loop as of spring 2021:
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1469 W. Berteau is a gorgeous condo with vintage charm on a tree-lined street in Graceland West. The unit features hardwood floors throughout, original woodwork, a claw foot tub, crown moldings, stained glass windows, and natural sunlight throughout. The kitchen boasts granite countertops, a well-organized pantry, and stainless steel appliances. The formal dining room is separate. There is a large bedroom and a bonus sunroom with French doors that may be used as an office/den. Enjoy lots of storage space in the unit and a large storage locker in the basement. Ample street parking both on Berteau and Greenview. Potential to rent a garage in the back alley.
The property is close to Southport, restaurants, shopping, and parks. Short distance to Lake Shore Drive, easy access to Expressway.
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There’s no bigger game than The Big Game, is there? (Yes, we are allowed to say Super Bowl, as it turns out.) All of your friends and family gathered around the TV, yelling at football players, laughing at a fresh batch of Doritos commercials, chowing down on – statistically speaking – four buffalo wings per person? It’s the best!
And there’s another reason why our team here at Real Group marks the Super Bowl on our calendars every year: For real estate pros, it’s a big deal. And if you want to sell your home, we suggest you pay attention to the Super Bowl too; in our experience, the day after the big game is a magical time for home listings.
What makes it so special? You see, the Super Bowl, held in early February, marks the start of the spring season for real estate. While we’d argue that there are some strategic upsides to selling in the winter, there can be no denying that it’s the slowest period of the year, for buyers and sellers alike. For buyers, there are fewer listings on the market to choose from; for sellers, the unpleasant weather, the busy holiday rush, and the dearth of options means that fewer people will be looking to buy at all.
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