Ravenswood is an up and coming neighborhood in Chicago’s North Side. It is part of the Lincoln Square community area and contains the historic and commercially zoned Lincoln Square district as well as Ravenswood Gardens. Apartments for rent are reasonably priced, consisting mostly of single-family homes. Median household income was $57,749 in 2010 and a great two-bedroom apartment can easily be found for less than $2,000 per month.
Ravenswood began as one of the first Chicago suburbs in 1868 when the Ravenswood Land Company, a group of businessmen and developers, purchased 194 acres of farm and wooded land. The company then made a deal with the Chicago and North Western Railroads to build a new stop there. The acres were split into large lots, which the generally wealthy passengers of rail transportation at the time found to be of good value. In 1889 it was annexed to Chicago as part of the Lakeview subdivision. In 1907 The L train’s service extended its reach here and the location became livable for those less affluent.
Ravenswood is known for it’s tree-lined streets and multiple parks. Lawrence Ave is densely populated with restaurant, cafes and other businesses. Ravenswood along with its surrounding Lincoln square have a clear German influence, with many businesses catering to and run by German families that have lived here for generations. You’re also just as likely to find Thai or Hispanic communities as you walk through Ravenswood. Due to its proximity to the L train, and lower priced rents, it is an attractive choice for Chicago residents looking for good value.
The next time you’re craving a beer and some German fare, visit the Brauhaus for a Knackwurst. During Oktoberfest you might even believe you’re in Germany. If you feel like bringing your own bottle, stop in to Caro Mio for a candlelit Italian home-style meal or Aroy for authentic Thai food. Take a walk through the Ravenswood Gardens historic district to see some of the first and oldest homes. There you’ll also find some of the oldest businesses like the Lutz Café & Pastry shop, where you’ll feel as though you’ve entered a time warp.
| Bedrooms | Rent | Rent / sqft |
|---|---|---|
| Studio | $1,095 | $32 |
| 1 BR | $1,473 | $25 |
| 2 BR | $2,250 | $25 |
| 3 BR | $2,920 | $25 |
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Ravenswood is located within 60625. This area currently has 79,157 residents in 29,157 households. Out of the total population, 30.47% of the residents speak another language at home instead of English. The majority of the inhabitants in this zipcode are currently unmarried and have a median age of 34.
When looking at residents older than 25, around 17.13% have graduated from high school, 29.16% have a bachelor's degree, and 17.81% have obtained their master's degree or above. Employment rate is typically around 68.1% and the median income in this zipcode is $59,601.
At least 61.47% of those living in this zipcode are renting their homes. Most residents will commute to work by car with an average commute time of 37 minutes.
Geographically, 60625 is a part of Cook County, Illinois. This county is currently home to 5,227,575 residents, or 1,951,606 households with a median income of $56,902. Residents in Cook County, Illinois have a median age of 36 and 43.37% are currently renting their homes in the area.
Finally, Cook County, Illinois is a part of the greater Chicago, IL - IN Urban Area. For those unfamiliar with the area, The Chicago, IL - IN Urban Area is currently home to a population 8,672,319 across 3,153,810 households. Those living in this urban area have a median income of $63,064 and median age of 37. In general, at least 36.73% of the residents are currently renting their homes in this area.
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