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Edgewater

Why you'd want to live in Edgewater

Edgewater is one of Chicago’s most desirable lakefront neighborhoods, offering a vibrant blend of urban convenience, natural beauty, and rich cultural history. Located on the North Side along Lake Michigan, Edgewater is a top destination for homebuyers searching for Chicago real estate near the lake. Whether you’re looking for Edgewater condos for sale, lakefront apartments, or family-friendly homes, this dynamic neighborhood has something for everyone. Known for its stunning beaches, such as Foster Beach and Hollywood Beach, Edgewater offers direct access to the lakefront trail, perfect for biking, running, or a peaceful stroll with panoramic lake views. Proximity to the lake is a top keyword that attracts both locals and out-of-town buyers searching online for homes near Lake Michigan in Chicago. Edgewater’s housing options are diverse, from classic vintage walk-ups and historic greystone two-flats to sleek, modern high-rises with lake views. The area is especially popular among buyers looking for affordable Chicago condos, first-time homebuyer opportunities, and investment properties with strong rental potential. Many properties feature charming architectural details, hardwood floors, and updated interiors, making them stand out in search results for Edgewater Chicago homes with character. The neighborhood is made up of several unique sub-areas, including Edgewater Glen, Andersonville (to the west), and Bryn Mawr Historic District—each with its own personality. Andersonville’s influence brings a strong sense of community, local businesses, and LGBTQ+ inclusivity to the area, while Edgewater Glen adds tree-lined streets and single-family homes, which are perfect for families or those looking for more space. Residents enjoy easy access to public transportation, with multiple Red Line CTA stops (Berwyn, Bryn Mawr, Thorndale, Granville), express buses, and close proximity to Lake Shore Drive—ideal for commuters searching homes with easy access to downtown Chicago.

Edgewater Market Report

$484,649

AVERAGE PRICE OF 132 HOMES

$1,049,112

AVERAGE PRICE OF 8 NEWLY BUILT HOMES

$325,699

AVERAGE PRICE OF 11 HOMES WITH A POOL

$1,793,923

AVERAGE PRICE OF 13 MULTI-MILLION DOLLAR HOMES

$481,000

AVERAGE PRICE OF 4 REDUCED PRICE HOMES

$167,500

AVERAGE PRICE OF 2 DISTRESSED HOMES

Average Home

Average Price $484,649
Avg Bedrooms 2.27 beds
Avg Bathrooms 1.77 baths

Average Price by Bedrooms

1 bedroom $195,378
2 bedrooms $336,147
3 bedrooms $575,494
4 bedrooms $800,580
5 bedrooms $1,937,000
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Senn High School 18 $435,727 53 days
Senn Achievement Academy High Sc 3 $586,600 36 days
Oak Lawn Comm High School 1 $259,900 20 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 132 $484,649 73 days
Newly Built Homes 8 $1,049,112 117 days
Homes with a Pool 11 $325,699 49 days
Multi-Million Dollar Homes 13 $1,793,923 82 days
Reduced Price Homes 4 $481,000 62 days
Distressed Homes 2 $167,500 193 days
Compass Chicago
Rose Alvarez
2350 N Lincoln Ave
Chicago, IL 60614
773-255-8643

Based on information submitted to the MLS GRID by MRED as of January 16, 2026 12 AM. All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website. DMCA Notice
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