Lakewood - Balmoral, Chicago,IL

Lakewood - Balmoral is a charming neighborhood in the north side of Chicago that perfectly blends a cozy, community-focused vibe with access to urban amenities. Known for its tree-lined streets and a mix of classic Chicago-style bungalows and modern apartments, this area offers a welcoming atmosphere for families, young professionals, and anyone looking for a quieter pace without straying too far from city life. Residents here enjoy a strong sense of community, often gathering at local parks or participating in neighborhood events that foster a friendly, small-town feel right within the big city.

One of the standout attractions in Lakewood - Balmoral is the beautiful Welles Park, a green oasis where locals can enjoy sports fields, playgrounds, and seasonal events like outdoor concerts and farmers markets. The neighborhood is also home to some fantastic dining options, from cozy cafes to casual eateries, perfect for grabbing a bite or meeting friends. For families, the area boasts excellent schools and safe, walkable streets, making it a top choice for those relocating with children. Plus, the local shops and boutiques add a unique flair that keeps the neighborhood vibrant and inviting.

For those commuting or simply wanting to explore downtown Chicago, Lakewood - Balmoral is conveniently situated just about 8 miles northwest of the city center. This means you can reach downtown in roughly 20 to 30 minutes by car or public transit, making it easy to enjoy the cultural attractions, theaters, and business hubs that the city offers. Whether you’re drawn by the neighborhood’s peaceful charm or its proximity to all the excitement of Chicago, Lakewood - Balmoral provides a balanced lifestyle that’s hard to beat for anyone moving to the area.

About 34% of the Lakewood - Balmoral population aged 16 and older are married, which is notably lower than average. This could suggest a community with a younger, more transient population—perhaps made up of students, professionals, or renters. It may also reflect a neighborhood that attracts singles or couples without children, contributing to a more independent, urban lifestyle.

With only 11% of people over 16 having children, you can expect an easygoing environment that tends to attract residents seeking a quieter lifestyle. The atmosphere here leans more toward adult-oriented living. Without the constant rhythm of school schedules or kid-centered events, the community maintains a slower, more relaxed pace. This makes it especially appealing to singles, couples, and empty nesters who appreciate tranquil streets, and recreation on their own terms.

Lakewood - Balmoral demographics offer valuable insights into the character and lifestyle of the neighborhood, helping you understand who lives there and what daily life might feel like. Home to only about 2,195 residents, Lakewood - Balmoral is notably smaller than many other Chicago neighborhoods, creating a more peaceful and community-oriented atmosphere. Its lower population can translate to quieter streets, a more relaxed pace of life, and easier access to local amenities — all without sacrificing the vibrant urban lifestyle the city is known for.

Boasting a population density of 25,375, Lakewood - Balmoral is more densely populated than many other Chicago neighborhoods, creating a vibrant and energetic atmosphere. The higher concentration of residents contributes to a lively street scene, a strong sense of community, and convenient access to shops, restaurants, and urban amenities just steps from home.

With an average age of 39, you're likely to find a well-balanced community where multiple generations live side by side. This mix of age groups contributes to a neighborhood atmosphere that’s both active and welcoming, offering a blend of fresh perspectives and long-standing community values.

The Lakewood - Balmoral crime map offers a clear, data-driven look at how crime is distributed throughout the neighborhood, using block group data to highlight both safer areas and potential hot spots. The color-coded map makes it easy to see where crime is more concentrated and where it occurs less frequently, helping residents and prospective buyers better understand local safety patterns. It’s important to note that darker or red zones on the map don’t necessarily mean those areas are unsafe — locations near busy transit hubs, shopping districts, or popular attractions often show higher activity simply due to larger crowds and increased foot traffic.

Housing costs often reflect the desirability and overall character of a neighborhood. In Lakewood - Balmoral, home prices come in around $453,386, which is higher than many other areas. This elevated pricing points to a sought-after location with strong demand, well-maintained properties, and access to premium amenities that contribute to a higher quality of life. Historical home price trends and appreciation rates in Lakewood - Balmoral can serve as a window into the neighborhood’s economic strength and future potential. By understanding how the market has performed in the past, buyers and investors can better evaluate whether the area offers promising opportunities for growth and long-term value.

The median rent is around $1,386, which is on par with many comparable neighborhoods. This balanced pricing offers a mix of affordability and value, making it a practical choice for a wide range of renters.

Education is a key factor in understanding the character and opportunities within a community like Lakewood - Balmoral. School ratings here reflect important indicators such as academic performance, graduation outcomes, and standardized testing, while NAEP (National Assessment of Educational Progress) scores offer a valuable national comparison to gauge how local schools measure up. Looking at the overall education level of residents in Lakewood - Balmoral can also provide meaningful insight into the neighborhood’s focus on learning and long-term growth, helping families choose a community that aligns with their educational goals.