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The highrise condominiums that line Sheridan Rd. and the Lake were known to have large numbers of retired and elderly persons, many living on fixed incomes. The prices have been more affordable than Lake Shore Drive addresses farther south. Meanwhile, Kenmore and Winthrop streets a couple blocks west suffered in mixed conditions of poverty and crime that were a far cry from their prior prestige. Recognizing the value of lakefront living close to the Red Line elevated train, conditions began an improvement and influx of residents. Many of Edgewater's new residents are from Africa and the former Yugoslavia. The area has a great density of Bosnian, Serb and Croat residents. These people, troubled by civil war and tough conditions in their homeland, have been encouraged to settle in the area. The city is known for accepting new, thriving enclaves of ethnicities in centuries past. This new settlement of Europeans is a modern revival of that tradition.
Meanwhile, Edgewater is also home to a large African community. Ethnic Ethiopians, newly independent Eritreans, and Nigerians, to name a few, live and socialize in Edgewater
Native Americans, former Yugoslavians, Africans of every part, young hipsters, new parents, first-time homeowners, students and many more make their home in Edgewater. The average resident is beyond classification.
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