Department of Planning and Development (DPD)
Claims vs. Reality in Edgewater

👉 See the January 25 Community Forum on Broadway Rezoning Presentation (pdf)

DPD says the average price for a single-family home in Edgewater is $1,050,000.

Single-family homes represent only 7.7% of Edgewater's housing stock. The median home price for all properties (incl. condos) was $270,000 in 2024, 19% lower than the city median of $335,000.
(Source: MRED Infosparks)

DPD says Edgewater’s rents are rising and unaffordable.

Median rent in Edgewater was $1422 in 2024, 24% lower than the city median of $1873.
(Source: Rentcafe & Domu)

DPD says it needs to counter gentrification in Edgewater.

Edgewater’s median household income is $67,796, 5.4% lower than the city median of $71,673.
(Source: CMAP 2024 Data Snapshot)

DPD says building more rental units under B3-5 zoning will lower overall rents.

In the last 15 years, Uptown rents have more than doubled, concurrent with 2,000 new units being built under the same B3-5 zoning that DPD proposes for Broadway.
(Source: US Census, Zillow, Rent Cafe)

DPD says restrictive zoning has stifled development on Broadway.

 Over 1,200 housing units, and a myriad of new businesses, have been developed or are being constructed on Broadway and intersecting streets under current zoning, enacted in 2006. 
(Source: Field Survey)

DPD says density leads to affordability.

Edgewater is already one of the densest and most affordable communities on Chicago’s north lakefront.  In general, Chicago’s most densely populated areas are its most expensive, e.g. Gold Coast, Streeterville, River North. (Source: US Census, CMAP Data Snapshot)

DPD suggests that upzoning Broadway will produce affordable family housing.

There is no evidence that B3-5 zoning will produce family housing. As in Uptown, it will more likely yield studio and one-bedroom apartments.
(Source: US Census, Zillow, Rent Café, Domu)

DPD says its proposal is based on past community planning.

Current Broadway zoning was established by community planning in 2006.  The 2021 Broadway Visioning Report recommended no zoning changes and emphasized adaptive reuse of heritage buildings and no canyonization – the direct opposite of DPD's proposal.
(Source: Community Plans)

DPD says 40% of Edgewater households do not own cars.

If 60% of the new households created under the DPD upzoning own cars, this will add 6,000 cars, significantly increasing traffic congestion and the demand for scarce on-street parking.

DPD says it wants to promote and enhance local small businesses.

 The DPD proposal will raise property values and property taxes, increasing rents for current businesses and creating an incentive for property owners to demolish buildings and replace them with much larger and more expensive structures.