$1,009,343Average Value$429Average Price per Sq Ft15Homes For Sale
Ravenswood locals walk to restaurants and schools
Ravenswood is a northern Chicago neighborhood, known for its mix of housing options and great restaurants. The neighborhood includes Malt Row, a collection of local breweries. These and other local restaurants are within walking distance of homes. Great schools bring plenty of families to the area, while comprehensive commuter options offer ways to get to The Loop.
With close proximity to downtown and a abundance of transit, Ravenswood is well connected.
Ravenswood is known for its rich cultural history and expansive collection of public art.
Andersonvilles Swedish Museum reminds Ravenswood locals of the area rich cultural history.
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Single-family versus multi-family options in Ravenswood
Ravenswood offers a good mix of single-family housing, condos and rentals. “There are definitely renters. Within the housing stock is a mix of single families and two-flats and three-flats, then interspersed, you’re going to find pockets of bigger buildings with 12 to 16 units,” says broker Dorie Westmeyer with Charles Rutenberg Realty. Most apartment and condo complexes are low-rise brick buildings, with some duplexes also available in historic Victorians that blend in with Ravenswood’s American Foursquares and cottages.
The mix of single-family homes and multi-family housing makes the parking situation tricky in Ravenswood. Street parking is the go-to for condos, duplexes and apartments. Single-family homes often have detached two-car garages located off alleyways behind homes. Some multi-family units also have small parking lots back there, with enough space for four to six vehicles.
Ravenswood Manor residents stroll past the large cottages and vibrant font yard scapes.
Brick two flats line the streets of Ravenswood behind maturing trees.
Single family homes are available in Ravenswood.
Large American Foursquare homes with small front yards are a common style found in Ravenswood.
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Ravenswood's affordability compared to nearby communities
Ravenswood’s housing stock offers a good balance of affordability and high-end housing options. Older low-rise condos price between the low $200,000s and the low $400,000s. Meanwhile, single-family homes, newer condos and duplexes range from the mid $700,000s to around $1.8 million. Overall, Ravenswood’s median housing price is about $550,000, which is higher than neighboring communities like Irving Park, Lincoln Square and Sheridan Park. However, it is also lower than other desired northside neighborhoods, like Andersonville and Lakeview.
Living just steps from Malt Row
Malt Row is a collection of a dozen local breweries shared between Ravenswood, North Center and Bowmanville. Most of them are along Ravenswood Avenue, within walking distance of homes. Demo Brewing Company brightens the dining space with plenty of hanging plants. Is/Was Brewing takes a French-Belgian brewing approach with their saisons. Cultivate by Forbidden Fruit specializes in botanical brews, but also has a comprehensive menu with plenty of entrée options. VIN312 Winery is one of the only wineries on the strip.
Ravenswood is along Malt Row, home many of Chicago's favorite craft brewers.
Residents of Ravenswood enjoy drinks at historic post-Prohibition era Koval brewery.
Half Acre Brewery is the flagship brewer of Ravenswood's Malt Row, with craft microbrews.
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Things to do around Ravenswood
Ravenswood’s sidewalks and crosswalks increase its walkability, so you can access its amenities and attractions on foot instead of having to drive a long way to get there. “You can walk to the grocery store, and you’re close to a dozen restaurants,” Westmeyer says. “People like to be able to walk to restaurants without feeling overwhelmed with options.” Some things to do around Ravenswood include:
Restaurants: Favorite restaurants include Spacca Napoli Pizzeria for Napolitan-style pizza and Bien Me Sabe for Venezuelan
Parks: Winnemac and Welles parks are both big green spaces, and Lake Michigan is about 2 miles away
Movies: Davis Theater is a historic 1918 venue restored to show modern features, though it still has its original Art Deco charm
Events: Welles Park hosts concerts at its gazebo, while Ravenswood ArtWalk showcases local artists
Grocery stores like Mariano’s and Salsa’s Family Market are located in Ravenswood, but more options are nearby. Trader Joe’s and Jewel-Osco are next door in North Center, while Aldi is in neighboring Horner Park. Thorek Hospital Anderson is also in Ravenswood for accessible healthcare.
Scenic pathways in Ravenswood's Winemac Park are an excellent way to spend the afternoon.
Spacca Napoli's pizza, rated among the best in the world, is a Ravenswood favorite.
Crowds browse local art and handmade goods at the Ravenswood Art Walk.
Montrose Beach is a family friendly free beach on Chicago's North shore.
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Local top-rated public and private schools
Ravenswood is part of Chicago Public Schools, which offers several options located within the neighborhood. It is a school-choice district, so kids can apply to attend ones outside their boundaries. Some standout public options in Ravenswood include:
Ravenswood Elementary School: A top-rated option that offers fine arts, ecology and technology programs
Waters Elementary School: A top-rated school with a fine arts magnet program
Amundsen High School: A highly rated high school that includes International Baccalaureate pathways
Lycée Français de Chicago is a top-rated private K-12 that focuses on French-English bilingual education. It is also located within walking distance of homes.
Your kids will enjoy learning in the inspiring atmosphere of Ravenswood Elementary School.
Sports are at the core of Amundsen High School culture.
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Ravenswood's walkability and bikeability
While the neighborhood is pretty walkable, you can also bike or take the bus around Ravenswood. Buses stop along major roadways like Foster, Lawrence and Montrose avenues. Bus routes go into other neighborhoods, so you can take them to the lakefront or other grocery stores. “You can bike, but most of Chicago is on the grid, so there are busy streets,” Westmeyer says. “So you just have to be comfortable with busy streets.” Ravenswood’s bike lanes are on Damen and Lawrence avenues.
Ravenswood benefits from several highly active bus lines running through the neighborhood.
Retail shops and charming streets define the character of Ravenswood's commercial corridor.
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Commuter options include the L and the Metra
Commuters have a couple of options in Ravenswood. The Brown Line stops at multiple points in Ravenswood, running between Kimball and The Loop. The UP-N Metra line also serves the area, going between downtown and Kenosha. Ravenswood is also close to major highways, like Lake Shore Drive and Interstate 90, so you can also easily drive downtown, about 8 miles away.
The Ravenswood Metra stop has undergone extensive renovations over the past ten years.
Ravenswood Metra Train Station is available for locals in the community.
Residents in Ravenswood can access I-90.
Restaurants and boutique retail are found on Damen Ave next to the convenient Brown line stop.
GreatSchools:
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
View GreatSchools Rating Methodology
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Ravenswood Demographics and Home Trends
On average, homes in Ravenswood, Chicago sell after 14 days on the market compared to the national average of 55 days. The median sale price for homes in Ravenswood, Chicago over the last 12 months is $603,125, up 3% from the median home sale price over the previous 12 months.
Housing Trends
Median List Price
$575,000
Median Sale Price
$603,125
Median Single Family Sale Price
$1,475,000
Median Townhouse Sale Price
$608,000
Median 2 Bedroom Sale Price
$405,250
Median Change From 1st List Price
-5%
Last 12 months Home Sales
212
Median Home Sale Price YoY Change
3%
Average Price Per Sq Ft
$429
Neighborhood Facts
Number of Homes
2,940
Number of Homes for Sale
15
Median Year Built
1920
Months of Supply
0.80
Average Single Family Home Size Sq Ft
3,919
Significantly above the national average
1,935
Average Townhouse Size Sq Ft
2,033
Average 2 Bedroom Size Sq Ft
1,239
Average 1 Bedroom Size Sq Ft
783
Average Studio Size Sq Ft
400
Median Lot Size Sq Ft
3,920
Distribution of Home Values
Source: Public Records
Market Report
Chicago Housing Market
Chicago's home prices are climbing faster than any other top US market.
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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
