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Lakewood Balmoral
Real Estate and Neighborhood Information

Lakewood Balmoral Overview

Lakewood Balmoral is a part of Edgewater.

Lakewood-Balmoral is east of Andersonville and west of the much larger Edgewater neighborhood. With easy access to the beaches and parks along the lakefront, as well as nearby Loyola University, it is a vibrant neighborhood that includes part of the Bryn Mawr Historic District. Lakewood-Balmoral also has the distinction of being recognized by the Chicago Landmark Commission for its architecturally significant homes. The neighborhood is a comfortable mix of students, single working adults and families. Lakewood-Balmoral has a sizeable dining district with comfy coffee houses and a romantic French restaurant. The shopping options are a combination of outside-the-mainstream, independent stores and well-known national retailers.   

Lakewood Balmoral History

A tobacco salesman from Philadelphia named John Cochran visited the Edgewater community in the 19th century and envisioned it as becoming one of the finest suburbs north of Chicago. In 1885 he bought 200 acres of land in what was Lake View Township, and proceeded to divide the land into sections for development. Lakewood-Balmoral, then known as Cochran’s Third Addition to Edgewater, was the last of those sections.

Cochran may have been somewhat too successful in his ambitions because Chicago annexed all of Lake View Township in 1889 under the stress of public service demands by a growing population. Undaunted, Cochran continued to work at building the area into one of the most prestigious enclaves in the city. In 1899, he published A Home by the Lake, a booklet describing the benefits of owning a home in the area. It also functioned as a sort of catalog for potential buyers to view the housing available including, as it said, 'some of the best examples of English Gothic, Colonial, Flemish, Classic Colonial, Queen Anne and French Renaissance of the Transition period.'

Around 1893, the first homes to be built were scattered up and down the eight blocks of Lakewood and Magnolia avenues between Foster and Bryn Mawr avenues. West of the Third Addition, construction continued at a slower pace. At this time there were just a few shops and only one grocery store on Bryn Mawr Avenue. What is now Broadway was not originally planned for commercial development, instead an ice plant, stables and coal yards were built along the railroad tracks.

Following World War II, the once affluent Lakewood-Balmoral neighborhood (as well as most of Edgewater) experienced economic decline. Many beautiful older homes were subdivided into smaller units to accommodate the ballooning population in the 1970s, diminishing the lofty status of the neighborhood. The Edgewater Community Council was eventually organized to examine some of the issues the community faced due to this change, and over the next decade the council oversaw many improvements including increased policing and better zoning laws that led to more reasonable development.

In the 1990s, the National Register of Historic Places designated Bryn Mawr Avenue from Sheridan to Broadway as the Bryn Mawr Historic District. This section of Bryn Mawr defines the northern boundary of Lakewood-Balmoral and was designated historic for many of its architectural gems, and also because it was Edgewater’s town center.

Today, the neighborhood embraces its historic significance, as residents have endeavored to restore their homes to the way they might have looked in the 1920s and ‘30s and old-fashioned lamp posts light the quaint streets. Additionally, Lakewood-Balmoral plans to increase commercial development and bring more shops and restaurants to the neighborhood, and the current alderman is attempting to increase the number of parks in the ward in addition to improving the area’s existing recreational areas.

The Sights of Lakewood Balmoral

Lakewood Balmoral Neighborhood Photo
Lakewood Balmoral Neighborhood Photo
Lakewood Balmoral Neighborhood Photo
Lakewood Balmoral Neighborhood Photo
Lakewood Balmoral Neighborhood Photo
Lakewood Balmoral Neighborhood Photo
Lakewood Balmoral Neighborhood Photo

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Schools In The Lakewood Balmoral Area

See grade levels, address, and scores for schools in the Lakewood Balmoral area.

School Type Grade Rating

Budlong Elementary School

2701 West Foster Avenue - public

Preschool - Middle PK-8
7

Brennemann Elementary School

4251 North Clarendon Ave - public

Preschool - Middle PK-8
7

McPherson Elementary School

4728 N Wolcott Ave - public

Preschool - Middle PK-8
5

Waters Elementary School

4540 N. Campbell Ave - public

Elementary - Middle K-8
5

Passages Elementary Charter School

1643 West Bryn Mawr Ave - charter

Elementary - Middle K-8
6

Our Lady Of Lourdes

4641 North Ashland Avenue - private

Preschool - Middle PK-8
NR

Queen Of Angels Elementary School

4520 North Western Avenue - private

Preschool - Middle PK-8
NR

Northside Catholic Academy

5525 North Magnolia Avenue - private

Preschool - Middle PK-8
NR

St Philip Lutheran

2500 West Bryn Mawr Avenue - private

Preschool - Middle PK-8
NR

North Park Elementary School

2017 West Montrose Avenue - private

Preschool - Middle PK-8
NR

Joan Dachs Bais Yaakov Elementary School

6110 North California Avenue - private

Preschool - Middle PK-8
NR

Misericordia Mcauley Residence

2060 West Granville Avenue - private

Elementary, High 1, 4, 10-12
NR

Chicago Montessori

1713 West Cullom Avenue - private

Preschool - Elementary PK-2
NR

German International School Chicago

1726 West Berteau Avenue - private

Preschool - Middle PK-8
NR

Clinton Elementary School

6110 North Fairfield Ave - public

Preschool - Middle PK-8
6

Mather High School

5835 North Lincoln Ave - public

High 9-12
4

Goudy Elementary School

5120 North Winthrop Avenue - public

Preschool - Middle PK-8
6

Hayt Elementary School

1518 West Granville Ave - public

Preschool - Middle PK-8
6

Ravenswood Elementary School

4332 North Paulina St - public

Preschool - Middle PK-8
7

Sullivan High School

6631 North Bosworth Ave - public

High 9-12
1

School data provided by GreatSchools.School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly. GreatSchools Ratings provided by GreatSchools.org.

Surrounding Neighborhoods

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