Ed Park is nice, stable, convenient and a good place to live. If the price is right and you like the location you'll probably do fine. I wouldn't count on any big appreciation in coming years. Slow and steady will be more like it.
On a newer (3 years) development like this I suggest you (or your attorney) look into the financials, overall association condition and building components carefully. New construction Condo developments have been hit hard. Buildings that do not have all or a majority of units sold tend to have management and stability issues.
A quick search shows at least 8 units listed for sale. That's a fair amount of potential turnover. Whether these are still original developer sales or current owner sales there are questions to ask for either scenario. Are units owner occupied or being rented, are any units in foreclosure, how many units are listed, does the developer still own any units, is the developer paying assessments or not on any units he owns (this can be a big problem), who is maintaining the building, developer or association, has a reserve study been done, at 3 years out have construction problems surfaced, is anyone dealing with those, is there any developer warranty remaining, are there commercial units and how are they part of the association, etc. I could go on and on but I should stop.
These are all questions that go to the stability of the property, comfort of living there and whether it is a good investment.
I have nothing against Condo's. I like condo's. However, I tend to understand some of the underlying hazards for buyers in regards to Condo purchases better than some. A good Condo building can be a great place to live. A distressed Condo building can be your worst nightmare.
As long as you do your homework, and pay a fair price, I would definitely have to say yes. Edison Park is a great neighborhood and only getting better. The prices are rock bottom right now, and you'll notice their a little higher still in Edison Park because it is a very attractive and popular neighborhood. Low crime, walking distance to public transportation (for the most part) and a great growing nightlife. Hope this helps.