Community assets are those built, natural, cultural and institutional elements that most define a neighborhood. They are anchor institutions, identity markers and community stabilizers. As such, they help guide local capital investment decisions.
The North Lakefront has always included a significant population of working-class and low-income residents, with about 23 percent living below the poverty level in 2012. It also includes a large older population in senior buildings, nursing homes and a naturally occurring retirement community in the elevator buildings along Sheridan Road, which is well served by CTA buses. All three neighborhoods include leafy enclaves of higher-income households in elegant century-old houses, high-end apartments, and newer developments. Many residents and organizations work hard to preserve affordable housing options and neighborhood diversity.
The area’s diversity has been a stabilizing force. All three neighborhoods have large populations of white, Latino and African-American residents, plus a mix of immigrants and second-generation residents from many African countries, Southeast Asia, India, Pakistan, the Middle East, and Eastern Europe. A fast-growing lesbian, gay, bisexual and transgender population includes families moving north into Rogers Park. Gay-oriented businesses, long a mainstay on Clark Street in Andersonville, have more recently revitalized retail nodes along the Red Line at Morse and Jarvis.
Each of the neighborhoods has distinct subdistricts, creating cross-traffic among them via walking, biking, bus, train and auto traffic. Pedestrian streams are heavy at rush hours near transit stops and on weekends in Andersonville and on Argyle. Parking is tight, which further encourages non-auto trips. [Excerpted from Summary of Assets]