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Riverwoods

Riverwoods

Located in Lake County

$1,006,490 Average Value
$260 Average Price per Sq Ft
0 Homes For Sale

Imagine Central Park

Riverwoods is sometimes hard to describe to former city-dwellers, especially considering the bulk of Chicago’s suburbs are densely packed with homes and amenities. “Imagine Central Park. In the middle of the city, you have this area full of woods, and a couple of roads where everyone’s houses are different. That’s Riverwoods,” explains Diana Marcus, a local Realtor with @properties. “Amidst the sea of suburbs that all look the same, here you have this little area of forests. Yet you’re still close to everything around.” The miniature pastoral haven sits about 30 miles north of Downtown Chicago, nearly equidistant to the Wisconsin border. “If you want to have your morning coffee on the back deck and not see a neighbor, it’s a great place to live,” she continues. “You can’t do that in most of these suburbs.”

Buying and building with flexibility

Homes in Riverwoods are surrounded by dense woods, with driveways and cul-de-sacs branching off of quiet, single-lane avenues. Prices in the area range from $300,000 for modest ranch-style homes to more than $1 million for custom builds exceeding 9,000 square feet. “There’s always been a mix of housing, but people definitely go to Riverwoods to buy land and build grand homes,” Marcus explains. “There’s a lot more property, and you have more flexibility in terms of what you can build because the zoning policies are so relaxed. I saw a house once that had a giant teepee in the backyard! What other areas have zoning laws that allow for that?” Luxury builds flaunt varying architectural styles, from French-style chateaus to modern farmhouses. Meanwhile, modest housing options often date back to the midcentury. The pastoral setting means old-growth foliage is a constant. Alternatively, sidewalks are rare.

Deerfield School District 109

“We have a very desirable school district,” says Ali Lerner, a broker with @properties. “My kids attend the schools here, and the curriculum certainly prepares students for the next grade level and higher education.” Deerfield School District 109 serves Riverwoods, with most families starting at Wilmot Elementary School. Earning an A on Niche, the school encourages a Peer Buddies program for older students to tutor their younger peers. Caruso Middle School earns the same Niche grade, while Deerfield High earns an A-plus. As part of Township High School District 113, the high school also serves students from surrounding communities. Tutoring is provided at the school’s Academic Resource Center, as Advanced Placement courses and college prep are highly encouraged. Of note is Deerfield High’s longtime rivalry with Highland Park High School, a tradition that makes its way to athletic state championships most years.

The forest preserves of North Chicagoland

Forest preserves and conservation areas abound in Riverwoods, where residents feel like they’re “living in a forest,” Lerner notes. “People here value nature, and there are rules in place to preserve the mature forests. Overall, residents place emphasis on natural ecology and privacy.” The Des Plaines River Trail extends 28 miles along the water, where one of the northernmost access points is nestled in Potawatomi Woods. The mix of paved and unpaved portions makes the trail is ideal for hiking and biking through Chicago’s suburbs on an unobstructed path. To the east, the Edward L. Ryerson Conservation Area houses many of the state’s pristine woodlands and endangered species. Due to the preserve designation, vehicles and pets are usually prohibited, which has led to its reputation as a prime hiking destination. Exclusive amenities are enjoyed at the Ravinia Green Country Club on Saunders Road, where a state-of-the-art fitness center compliments racquetball courts and a vast golf course.

Baked goods and casual eats surrounding Riverwoods

“In Riverwoods, you’re surrounded by the forest but still technically in the middle of everything,” Marcus says. “There isn’t any programming, like for children or seniors, but the closest Whole Foods is 5 minutes away.” Deerfield is just 3 miles east of the neighborhood, where Marcus’ described Whole Foods accompanies various casual eats, from Potbelly to Sweetgreen. In the same vicinity, Rosebud Deerfield is a beloved Chicago Italian chain first established in 1976. Serving centuries-old recipes, the restaurant invites guests to dine at elegantly set tables under the glow of the bar’s string lights. Buffalo Grove is 4 miles west, home to a secondary location of Deerfield’s Bakery. There, guests can grab everything from fresh bread to croissants, cookies and gelato, or head to one of the many surrounding businesses for errands, namely Target, Walmart and Jewel-Osco.

Driving to Deerfield, riding the Metra to Chicago

Deerfield’s Metra station is less than 3 miles east, providing ample commuter parking for those making the hour-long trip to Downtown Chicago. Drivers can instead take Interstate 94 about 30 miles south to reach the city. “You’re using your car all the time anyway because there aren’t any sidewalks,” Marcus says. “If you’re a professional who travels for work, you’re at O’Hare in 20 minutes because of the expressway. But there are so many corporate headquarters in Deerfield that most people are only a 5-minute commute to the office.” Chicago O’Hare International Airport is a 17-mile commute on I-294, to be exact, while Chicago Executive Airport is less than 5 miles south. The closest emergency room is located in Highland Park Hospital, 6 miles east.

Dana Chesser
Written By
Dana Chesser
Nadia George
Photography Contributed By
Nadia George
Mary Desmond
Video By
Mary Desmond

Interested in learning more about homes in this area? Reach out to Alan Berlow, an experienced agent in this area.

Agents Specializing in this Area

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Schools

Source:
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

Riverwoods Housing Trends

Housing Trends

Median List Price
$620,000
Median Sale Price
$590,000
Median Single Family Sale Price
$590,000
Median Change From 1st List Price
5%
Last 12 months Home Sales
5
Median Home Sale Price YoY Change
-71%
Average Price Per Sq Ft
$260

Neighborhood Facts

Number of Homes in Neighborhood
1,297
Number of Homes for Sale
0
Median Year Built
1979
Months of Supply
0.00
Average Single Family Home Size Sq Ft
4,638
Significantly above the national average
1,924
Average Townhouse Size Sq Ft
1,141
Average 2 Bedroom Size Sq Ft
1,000
Median Lot Size Sq Ft
43,342

Open Houses

  • Unlisted Address

    $495,000

    • 3 Beds
    • 2.5 Baths
    • 1,690 Sq Ft
    • New 2 days ago

    A NICE LOOKING RANCH SITUATED ON 3.9 ACRES IS A WONDERFUL PLACE TO CALL HOME AND A GREAT OPPORTUNITY TO BUY INTO RIVERWOODS. ALTHOUGH PRIVATELY LOCATED, THIS HOME IS NEAR SHOPPING, GOLF COURSES & HIGHWAYS. IT IS ALSO SERVED BY THE HIGHLY REGARDED BANNOCKBURN ELEMENTARY SCHOOL. THIS HOME OFFERS HARDWOOD FLOORS, A NICELY UPDATED KITCHEN WITH GRAY STAINED WOOD CABINETS, STONE COUNTERTOPS AND

    Marla Marcus Compass

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  • 8 Royal Ct, Lincolnshire, IL 60069

    $950,000

    • 4 Beds
    • 2.5 Baths
    • 2,751 Sq Ft
    • 8 Royal Ct
    • New 16 days ago

    Impeccable 4 bedroom, 2.5 bath home available in one of the top public school districts in the nation with an unparallel location. Made of brick and cedar, this South-facing Dutch Colonial has something for everyone looking to make lifelong memories: quiet cul-de-sac for the little ones to learn to ride their bikes and rollerblades, beautiful gardens with underground sprinkler system abound the

    Jonathan Minerick Homecoin.com

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  • 26 Berkshire Ln, Lincolnshire, IL 60069

    $1,050,000

    • 5 Beds
    • 3.5 Baths
    • 3,495 Sq Ft
    • 26 Berkshire Ln
    • New 16 days ago

    Impressive 5 Bedroom, 3.5 Bathroom home on a quiet tree-lined street in sought after Lincolnshire neighborhood. Gorgeous double doors open into the entryway that leads to the spacious family room, living room and dining room areas. Updated Kitchen has all stainless steel appliances and new quartz countertops with a breakfast bar eating area. Kitchen access to the beautiful backyard as well as a

    Jeremy Fisher Compass

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Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Neighborhoods in Riverwoods

Property Mix - Square Feet

Riverwoods Has More Owners

Demographics

Total Population
3,388
Median Age
46
Population under 18
23.4%
On par with the national average
23.8%
Population over 65
23.8%
On par with the national average
19.1%

Finances

Median Household Income
$195,974
Significantly above the national average
$71,702
Average Household Income
$199,895

Education and Workforce

High School Graduates
98.8%
College Graduates
84.8%
Significantly above the national average
34.1%
Advanced Degrees
41.7%
Significantly above the national average
13.3%
% Population in Labor Force
66.2%

Weather

Annual Precipitation
32''
Average Winter Low Temperature
19°F
Average Summer High Temperature
84°F
Annual Snowfall
28''

Area Factors

Somewhat Bikeable

Bike Score®®

47 / 100

Car-Dependent

Walk Score®®

3 / 100
Source: Walk Score
Source: Walk Score

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

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.
Riverwoods