Why Live in Riverside
Riverside is a historic neighborhood known for its unique design and impressive architecture. Developed by Frederick Law Olmsted in the late 19th century, the area features expansive green parkways, gas-lit street lanterns, and curvilinear streets. Housing styles in Riverside range from sleek contemporary and cozy Craftsman to Regency-inspired homes, with most properties built in the early to mid-1900s and some new constructions post-2000. The neighborhood is served by highly rated schools, including Ames Elementary School, Blythe Park Elementary School, Central Elementary School, Hollywood Elementary School, Hauser Junior High School, and Riverside Brookfield High School. Riverside offers various local features such as Big Ball Park, Guthrie Park, and Blythe Park, as well as walking trails along the Des Plaines River and the historic Riverside Golf Club. Dining options include Lalo’s Restaurant, Connie's Family Restaurant, and La Barra Riverside, with grocery shopping available at Tony's Fresh Market and Costco. Residents also shop at North Riverside Park Mall, which houses a movie theater and several retailers. The Metra's BNSF Line provides a 25-minute nonstop ride to downtown Chicago, and O'Hare International Airport is a 30-minute drive away. Riverside's new library offers maker spaces, study rooms, and community programming, enhancing the neighborhood's walkable and community-oriented atmosphere.
Frequently Asked Questions
Is Riverside a good place to live?
Riverside is a good place to live, receiving 4.1 stars from its residents. Riverside is considered fairly walkable and very bikeable. Riverside is a suburban neighborhood. Riverside has 8 parks for recreational activities. It is somewhat dense in population with 8.1 people per acre and a median age of 44. The average household income is $152,395 which is above the national average. College graduates make up 63.6% of residents. A majority of residents in Riverside are home owners, with 21.4% of residents renting and 78.6% of residents owning their home. A
local real estate agent serving Riverside can help you decide if this neighborhood is the right one for you. Learn more on our
Riverside neighborhood guide.
How much do you need to make to afford a house in Riverside?
The median home price in Riverside is $358,500. If you put a 20% down payment of $71,700 and had a 30-year fixed mortgage with an interest rate of 6.72%, your estimated principal and interest payment would be $1,850 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $79K a year to afford the median home price in Riverside. The average household income in Riverside is $152K.
What are the best public schools in Riverside?
The best public schools that serve Riverside are:
What are the best private schools in Riverside?
The best private schools that serve Riverside are:
What are the most popular zip codes in Riverside, Riverside, IL?
What are the most popular neighborhoods near Riverside, Riverside, IL?
Home Trends in Riverside, IL
On average, homes in Riverside, IL sell after 54 days on the market compared to the national average of 70 days. The median sale price for homes in Riverside, IL over the last 12 months is $318,500, down 48% from the median home sale price over the previous 12 months.
Median Sale Price
$318,500
Median Single Family Sale Price
$360,950
Median Townhouse Sale Price
$170,000
Median 2 Bedroom Sale Price
$749,000
Median 1 Bedroom Sale Price
$250,000
Average Price Per Sq Ft
$313
Number of Homes for Sale
7
Last 12 months Home Sales
54
Median List Price
$358,500
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
-48%