Edgewater, IL Real Estate
Largely rural before the 19th century, Edgewater real estate has evolved to become one of the most densely populated areas in Chicago, and is now a prestigious residential neighborhood. Situated close to the northern tip of the city, Edgewater real estate boasts high-rise condominiums and apartment buildings on the Michigan lake shore. Further inland, mid-rise homes are characteristic of the district’s grid-pattern, tree-lined streets.
This neighborhood also houses a large international community, where people from all national and ethnic backgrounds thrive together in a cultural melting pot. Edgewater real estate is, therefore, noted for the fusion of culture present within the community and is marked by the different culture festivals, business opportunities, not to mention international cuisine. Most notably, there is a large percentage of Swedish population, which created a plethora of Swedish bakeries, delicatessens, and the Swedish American Museum.
Such unique atmosphere is perhaps why Edgewater real estate has attracted an influx of gay and lesbian population. This district contains the Gerber/Hart Library, the largest archive of gay and lesbian resources in the Midwest. Other than this alternative culture, the district also contains Loyola University Chicago, and many historic districts dotted by churches and cathedrals. With so many different flavors to offer, Edgewater real estate can be appealing to a large range of consumers. Indeed, with current price level being relatively affordable compared to other districts in downtown Chicago, the Edgewater real estate market is going to remain red hot for a long time to come.