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Edgewater

Edgewater is a lakefront community area on the North Side of the city of Chicago, Illinois seven miles north of the Loop. As one of the city’s 77 official community areas, Edgewater is bounded by Foster Avenue on the south, Devon Avenue on the north, Ravenswood Avenue on the west, and Lake Michigan on the east. Edgewater contains several beaches that residents enjoy during the late spring, summer, and early autumn. Chicago's largest park, Lincoln Park, stretches south from Edgewater for seven miles along the waterfront, almost to downtown. Historically, Edgewater was the northeastern corner of Lake View Township, an independent suburb annexed by the city of Chicago in 1889. Today, the Uptown community is to Edgewater's south, Lincoln Square to its west, West Ridge to its northwest and Rogers Park to its north. Edgewater was first developed around the 1880s as a summer home for Chicago's elite. Today, it provides the northern terminus of both Lincoln Park and Lake Shore Drive. With the exception of pockets acknowledged as historic districts (like the Bryn Mawr Historic District), east-Edgewater (Edgewater Beach) boasts a skyline of high-rise apartment buildings, condominium complexes, and mid-rise homes. To the west, Edgewater is characterized by commercial businesses; single-family homes; and two-, three-, or four-story flats, including the historic neighborhood of Andersonville. (Source: Wikipedia)

Housing stock map

See the share of the area's total housing units that are in single family homes, condominiums, two-to-four unit buildings, buildings with five to 49 units, and buildings with 50 units or more.


The Composition of Cook County’s Housing Market >

Housing market indicators

All of these property level data sets are connected to parcel-level data files from the county Assessors offices that include data on every parcel in the Chicago metropolitan area. All of these parcel-level data sets include historical data and are updated on a regular basis ranging from every week to every year depending on the data set.

Housing Stock Composition

The composition of a neighborhood's housing stock determines the appropriate targeted strategies for stabilizing local housing markets.

Housing Units by Property Type

The composition of a neighborhood's housing stock determines the appropriate targeted strategies for stabilizing local housing markets.


Property Type 2023
Single Family 5.3%
Condominium 37.5%
Building with 2-4 Units 10.3%
Building with 5+ Units 46.8%


Property Sales Activity

This indicator provides information on how active local residential property markets are, what types of properties are being purchased, who is buying them, and how much buyers are paying for properties.

Total Sales Activity

This is the total number of property sales in a given year. In Cook County, data are broken out separately for total sales activity on single family homes, condominium units, two-to-four unit buildings, and in buildings with five or more units. Outside of Cook County, data are for all residential parcels.


Property Type 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
All Residential Properties 1,531 1,268 1,167 694 652 624 532 757 873 843 888 980 1,009 1,291 996 835 1,273 1,062 895
Single Family 113 91 74 46 47 56 65 59 86 84 71 105 89 93 77 112 117 88 57
Condominium 1,319 1,098 1,028 607 570 511 407 634 704 683 707 770 820 1,132 840 663 1,041 875 772
Building with 2-4 Units 82 67 54 25 28 45 44 52 63 59 90 84 77 55 50 43 95 74 47
Building with 5+ Units 17 12 11 16 7 12 16 12 20 17 20 21 23 11 29 17 20 25 19


Sales per 100 Residential Parcels

This indicator allows users to compare the level of property sales activity across geographies. This data point represents the total number of sales on all residential parcels divided by the total number of residential parcels in a given year, multiplied by 100.


Property Type 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
All Residential Properties 9.0 7.5 6.9 4.1 3.8 3.7 3.1 4.5 5.6 5.4 5.7 6.2 6.4 8.1 6.3 5.3 8.1 6.8 5.7


Share of Sales, Business Buyers

This represents a range of investor types from small mom-and-pop investors to large Wall Street-traded equity funds. Heightened levels of single family homes purchased by business buyers is often indicative of a distressed and low priced inventory of homes, and low demand for owner-occupied housing in a neighborhood. In Cook County, this data point is available as the share of total sales activity where the buyer was a business entity by property type (single family homes, condominium units, two-to-four unit buildings, and in buildings with five or more units). Outside of Cook County, data are for all residential parcels.


Property Type 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
All Residential Properties 6.2% 5.1% 4.4% 7.6% 7.1% 9.0% 13.5% 10.3% 11.0% 13.5% 10.7% 11.3% 12.2% 32.3% 16.3% 8.4% 5.9% 8.2% 24.0%
Single Family 9.7% 6.6% 6.8% -- 2.1% 8.9% 4.6% 15.3% 9.3% 11.9% 9.9% 5.7% 14.6% 11.8% 7.8% 3.6% 6.0% 8.0% 8.8%
Condominium 4.5% 4.2% 2.8% 5.6% 6.5% 6.1% 12.0% 8.8% 8.5% 9.7% 7.4% 8.1% 8.7% 33.9% 14.5% 7.4% 3.7% 5.6% 23.2%
Building with 2-4 Units 14.6% 9.0% 14.8% 16.0% 14.3% 22.2% 18.2% 7.7% 14.3% 37.3% 20.0% 31.0% 33.8% 20.0% 22.0% 16.3% 13.7% 18.9% 27.7%
Building with 5+ Units 76.5% 58.3% 81.8% 93.8% 57.1% 83.3% 75.0% 75.0% 95.0% 94.1% 90.0% 81.0% 56.5% 100.0% 79.3% 58.8% 85.0% 68.0% 94.7%


Share of Sales, Extremely Low Value

This represents the percent of sales that were purchased for less than $20,000 in a given year. In Cook County, this data point is available as the share of total sales activity that sold for less than $20,000 by property type (single family homes, condominium units, two-to-four unit buildings, and in buildings with five or more units). Outside of Cook County, data are for all residential parcels.


Property Type 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
All Residential Properties 0.9% 0.5% 0.6% 0.3% 1.2% 1.4% 1.1% 0.8% 0.9% 0.2% 0.5% 0.3% 0.3% 0.7% 0.3% 0.7% 0.5% 0.8% 0.7%
Single Family 2.7% -- -- -- -- -- -- -- -- -- -- -- -- 1.1% -- 0.9% -- 1.1% --
Condominium 0.8% 0.5% 0.7% 0.3% 1.4% 1.8% 1.5% 0.9% 1.0% 0.3% 0.6% 0.4% 0.4% 0.7% 0.4% 0.8% 0.6% 0.8% 0.8%
Building with 2-4 Units -- -- -- -- -- -- -- -- 1.6% -- -- -- -- -- -- -- -- -- --


Mortgage Activity

These data measure the flow of mortgage credit into an area and indicates the level of lender investment. The level of mortgage activity in a neighborhood relative to other areas can assess how access to credit has changed over time in a community and how the flow of credit differs across geographies and for different property types.

Total Mortgage Activity

This is the total number of mortgages in a given year. In Cook County, data are broken out separately for total mortgage activity on single family homes, condominium units, two-to-four unit buildings, and in buildings with five or more units. Outside of Cook County, data are for all residential parcels.


Property Type 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
All Residential Properties 3,988 3,640 3,172 2,054 1,964 1,685 1,439 1,972 1,805 1,225 1,471 1,673 1,411 1,191 1,310 1,943 2,408 1,211 678
Single Family 500 431 404 325 356 354 308 392 325 189 254 330 209 184 221 416 419 171 94
Condominium 3,027 2,759 2,395 1,472 1,371 1,127 896 1,273 1,219 837 928 1,055 973 826 899 1,261 1,651 846 499
Building with 2-4 Units 393 373 313 179 188 173 186 252 195 135 229 219 162 134 123 204 273 120 61
Building with 5+ Units 68 77 60 78 49 31 49 55 66 64 60 69 67 47 67 62 65 74 24


Mortgages per 100 Residential Parcels

This indicator allows users to compare the level of mortgage activity across geographies. This data point represents the total number of mortgage liens on all residential parcels divided by the total number of residential parcels in a given year, multiplied by 100.


Property Type 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
All Residential Properties 23.5 21.4 18.7 12.1 11.6 9.9 8.5 11.6 11.7 7.8 9.4 10.6 8.9 7.5 8.3 12.3 15.3 7.7 4.3


Foreclosure Filing Activity

This is an indicator of distress in a local housing market and viewing changing levels of activity allows for an understanding of the evolving nature of the foreclosure crisis in a neighborhood.

Total Foreclosure Filings Activity

This is the total number of new foreclosure filings in a given year. In Cook County, data are broken out separately for foreclosure filing activity on single family homes, condominium units, two-to-four unit buildings, and in buildings with five or more units. Outside of Cook County, data are for all residential parcels.


Property Type 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
All Residential Properties 64 112 149 223 309 384 320 296 160 89 68 56 69 70 50 19 11 48 23
Single Family 7 12 11 20 31 37 30 25 9 7 5 6 5 11 5 2 4 4 1
Condominium 49 86 114 180 238 310 261 246 139 73 55 42 58 52 42 12 7 35 19
Building with 2-4 Units 8 7 21 23 35 36 18 21 10 8 5 5 5 6 2 5 -- 8 3
Building with 5+ Units -- 7 3 -- 5 1 11 4 2 1 3 3 1 1 1 -- -- 1 --


Foreclosure Filings per 100 Residential Parcels

This indicator allows users to compare the level of foreclosure filing activity across geographies. This data point represents the total number of foreclosure filings on all residential parcels divided by the total number of residential parcels in a given year, multiplied by 100.


Property Type 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
All Residential Properties 0.4 0.7 0.9 1.3 1.8 2.3 1.9 1.7 1.0 0.6 0.4 0.4 0.4 0.4 0.3 0.1 0.1 0.3 0.1


Cumulative Foreclosure Filings Activity

Annual levels of foreclosure filing activity likely do not convey the impact that foreclosure has had in a particular community, as geographies vary in density and size, and the drivers behind the Great Recession foreclosure crisis led to very different annual patterns of foreclosure filing activity across the region. This indicator represents the cumulative impact of foreclosure in a neighborhood measured as the unique share of residential properties that have had at least one foreclosure filing since 2005.


Property Type 2023
All Residential Properties 13.5%


Foreclosure Auctions

These are properties that have completed the foreclosure process. Understanding foreclosure auction activity helps determine the flow of year-over-year of REO (real estate owned) properties into a market, how third-party demand at auctions differs based on property types, and the density of REO activity across geographies. The level of completed foreclosure auctions activity in a neighborhood indicates distress in a local housing market.

Total Auction Activity

This is the total number of completed foreclosure auctions in a given year. In Cook County, data are broken out separately for total auction activity on single family homes, condominium units, two-to-four unit buildings, and in buildings with five or more units. Outside of Cook County, data are for all residential parcels.


Property Type 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
All Residential Properties 26 23 55 58 117 109 121 144 174 115 79 42 28 23 25 6 1 17 9
Single Family 2 2 4 3 5 7 9 7 6 3 4 3 3 2 2 2 -- 4 1
Condominium 23 19 45 50 102 93 99 130 160 107 72 35 22 19 20 4 -- 12 8
Building with 2-4 Units 1 1 4 4 10 9 10 7 7 4 1 4 3 1 1 -- -- 1 --
Building with 5+ Units -- 1 2 1 -- -- 3 -- 1 1 2 -- -- 1 2 -- 1 -- --


Share of Auctions Resulting in REO

This is the percent of completed foreclosure auctions in a given geography where there were no bidders and the property became bank-owned REO (real estate owned).


Property Type 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
All Residential Properties 73.1% 82.6% 87.3% 94.8% 95.7% 94.5% 96.7% 92.4% 92.0% 84.3% 78.5% 61.9% 67.9% 60.9% 60.0% 83.3% 100.0% 58.8% 77.8%
Single Family 100.0% 50.0% 75.0% 100.0% 100.0% 85.7% 100.0% 85.7% 100.0% 66.7% 75.0% 66.7% 100.0% 50.0% 100.0% 50.0% -- 50.0% 100.0%
Condominium 69.6% 84.2% 91.1% 94.0% 95.1% 98.9% 97.0% 92.3% 91.3% 85.0% 80.6% 60.0% 63.6% 63.2% 55.0% 100.0% -- 58.3% 75.0%
Building with 2-4 Units 100.0% 100.0% 50.0% 100.0% 100.0% 55.6% 100.0% 100.0% 100.0% 75.0% 100.0% 75.0% 66.7% -- -- -- -- 100.0% --
Building with 5+ Units -- 100.0% 100.0% 100.0% -- -- 66.7% -- 100.0% 100.0% -- -- -- 100.0% 100.0% -- 100.0% -- --


REO per 100 Residential Parcels

This indicator allows users to compare the level of REO activity across geographies. This data point represents the total number of auctions resulting in REO status on all residential parcels divided by the total number of residential parcels in a given year, multiplied by 100.


Property Type 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
All Residential Properties 0.1 0.1 0.3 0.3 0.7 0.6 0.7 0.8 1.0 0.6 0.4 0.2 0.1 0.1 0.1 -- -- 0.1 --


Population and Age

Reflects the composition of a community's population by age.

Population and Age

Reflects the composition of a community's population by age.


Indicator Value
Total Population 56,099
Share of Population Aged under 18 11.4%
Share of Population Aged 18 to 44 49.5%
Share of Population Aged 45 to 64 23.3%
Share of Population Aged over 65 15.8%


Race and Ethnicity

The composition of a community's population by respondent race and ethnicity.

Race and Ethnicity

The composition of a community's population by respondent race and ethnicity.


Indicator Value
Share of Population that is White 53.3%
Share of Population that is African American 12.6%
Share of Population that is Hispanic or Latino 15.5%
Share of Population that is Asian 13.2%
Share of Population that is Some Other Race 5.4%


Household Income

Represents the composition of households by income in a particular geography.

Household Income

Represents the composition of households by income in a particular geography.


Indicator Value
Total Households 29,459
Share of Households with Income Less than $25,000 18.9%
Share of Households with Income $25,000 to $50,000 19.1%
Share of Households with Income $50,000 to $100,000 29.2%
Share of Households with Income $100,000 or More 32.8%


Poverty Rate

Reflects the share of the population that is below a current poverty threshold.

Share of Population that is under the Poverty Level


Indicator Value
Share of Population that is under the Poverty Level 15.2%


Resident Tenure

The composition of households by tenure indicates the share of households that rent versus the share of households that own.

Total Households

Represents the composition of households by tenure.


Indicator Value
Total Households 29,459


Share of Households that are Owner-Occupied

The composition of households by tenure indicates the share of households that rent versus the share of households that own.


Indicator Value
Share of Households that are Owner-Occupied 37.1%


Share of Households that are Renter-Occupied

The composition of households by tenure indicates the share of households that rent versus the share of households that own.


Indicator Value
Share of Households that are Renter-Occupied 62.9%


Cost Burdened Households

A household is considered to be cost-burdened when more than 30 percent of its income is spent on mortgage, rent, or other housing needs.

Share of Owner-Occupied Households that are Cost-Burdened


Indicator Value
Share of Owner-Occupied Households that are Cost-Burdened 28.6%


Share of Renter-Occupied Households that are Cost-Burdened

A household is considered to be cost-burdened when more than 30 percent of its income is spent on mortgage, rent, or other housing needs.


Indicator Value
Share of Renter-Occupied Households that are Cost-Burdened 44.9%


Share of All Households that are Cost-Burdened


Indicator Value
Share of All Households that are Cost-Burdened 38.8%