Lakewood-Balmoral photo

Lakewood-Balmoral

Lakewood-Balmoral is a historic district in Chicago's Edgewater neighborhood, known for its old-world feel and historically significant architecture. In 1999, the district, along with 490 buildings in the area, was listed on the National Register of Historic Places.

In 1890, developer John Lewis Cochran, a tobacco salesman from Philadelphia, purchased the land which makes up the Lakewood-Balmoral district. Cochran previously developed the other two sections of Edgewater, and marketed this third addition to Edgewater middle-class families that found Edgewater's lakefront mansions to be too expensive. He named many of the district's streets, including Balmoral a reference to Scotland's Balmoral Castle and Cochran's Scottish ancestry and invested in the area's infrastructure, including building a rail to connect the suburb to Chicago's downtown.

After the 1970s saw the subdivision of larger homes, residents rallied to restore the district to its historical luster. Now, the district embraces its historical significance, and residents are able to take advantage of tax incentives to rehab and update their properties. Housing stock is composed primarily of single-family homes, condominiums, brick two-and three-flats, courtyard apartment buildings and vintage homes, some of which are designated by Chicago's Landmark Commission. 

Although there is only one school within the Lakewood-Balmoral neighborhood boundaries Northside Catholic Academy surrounding communities offer a number of educational options. The district is easily accessible by car thanks to Chicago's famous Lake Shore Drive, as well as CTA buses and train lines.

North Broadway, the district's main thoroughfare, boasts diverse shopping and eateries ranging from French and Thai to Greek. Kate the Greats Books is a one-stop shop for hard-to-find books, and the Lakewood-Balmoral Colossal Neighborhood Garage Sale in an annual treasure trove of goods for sale by more than 200 participating homes. Each July, residents also show off their historic neighborhood during the annual Lakewood-Balmoral Residents Council Block Organization Garden Walk.

Lakewood-Balmoral map

Open Houses in Lakewood-Balmoral

Here are 12 Open Houses out of 240 listings in Lakewood-Balmoral

Featured Lakewood-Balmoral Listings

Here are 12 out of 240 listings in Lakewood-Balmoral

CTA

CTA
Blue line at Addison

CTA
Brown line at Damen

CTA
Purple line at Belmont

CTA
Red line at Berwyn

CTA
Yellow line at Howard

Metra

Metra
Milwaukee District North line at Grayland Metra

Metra
Union Pacific North line at Ravenswood Metra

Metra
Union Pacific Northwest line at Irving Park Metra
$355,088
Average Sale Price
57
Average Days On The Market
97%
Sales Prices VS. List Price
Data represents the community area's average over the past 12 months. All information deemed reliable, but not guaranteed.

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