Casually referred to as “the Manor” by residents, Ravenswood Manor is a pocketsize neighborhood in the far north Albany Park community area of Chicago. Located on the western bank of the Chicago River, the small community offers a picturesque landscape and a tranquil lifestyle that caters to families who like a bit of space and a home to call their own. Extra-wide lots and beautiful houses, some with riverside property bumps Ravenswood Manor up in value, compared to the surrounding real estate.
Between the 1870s and the turn of the century, Ravenswood Manor and the surrounding area was little more than farmland, inhabited by probably only a few hundred families. In the course of a generation change came at a snail’s pace, as the neighborhood transitioned from an agrarian community into a sparsely populated suburb with little in the way of infrastructure. In 1889, when the city of Chicago annexed Ravenswood Manor along with the rest of the Jefferson Township, changes were slowly starting to take place.
Until the 1890s, there were scarcely even roads connecting the area to central Chicago, which kept Ravenswood Manor fairly isolated. Then, an electric streetcar started operating along Lawrence Avenue starting in 1896, connecting Ravenswood Manor with the rest of the north side. The next big break for the neighborhood came about a decade later, when the Ravenswood 'El' (now known as the Brown Line) was unveiled. The public transit train received its nickname from the portions of elevated track that ran high above the streets. It took nearly five years to build and cost developers far more than anticipated, but it created an easy passage between Ravenswood Manor and the rest of the city. Posters in the train cars advertised residential properties in the area, and within a few years the area experienced a serious housing boom and blossomed into a flourishing residential neighborhood.
Today, Ravenswood Manor maintains a 'small town' atmosphere, as much as any neighborhood in Chicago can. Comprised of merely five square blocks, the community consists mostly of tree-lined streets chock-full of brick bungalows and medium-sized homes. And probably Ravenswood Manor’s most notable resident, the sitting governor of Illinois Rod Blagojevich lives in a bungalow on Sunnyside Avenue, who can sometimes be spotted jogging through the neighborhood with his security detail.
Ravenswood Manor facts
Location: about 8 miles northwest of the Loop Boundaries: Lawrence Avenue to the north, the North Branch of the Chicago River to the east, Montrose Avenue to the south and Sacramento Avenue to the west Bordering Neighborhoods:Ravenswood, Albany Park, Irving Park, Ravenswood Gardens, North Center Crime Statistics: Go to CLEARMap to search specific streets and areas for crime incidents
Ravenswood Manor transportation
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Ravenswood Manor Real Estate
Ravenswood Manor features plenty of the classic Chicago bungalows characterized by low rooflines, second-story dormers and stone stoops leading up to the front door. Most of these have small side yards with a detached garage accessible by a back alley. In addition to subtle limestone accents and elegantly carved wood front doors, these quaint houses provide a comfortable charm that—although similar from one home to the next—is distinctly unique and desirable. While bungalows are widely common throughout Ravenswood Manor, there is also a wide variety of other architectural styles in the neighborhood, including examples of the Prairie School and Victorian styles, and even a few condo buildings. Green leafy trees edge the properties and well-maintained sidewalks line the grid of residential avenues.
In general, real estate values are higher in Ravenswood Manor than in the surrounding Albany Park, partly because of the extra-wide lots and uncommon riverfront property that’s available there. Most dwellings in the neighborhood are single-family detached homes that range in price from the low $400,000s to over a million dollars, but the average sales price for a three-bedroom house in Ravenswood Manor is $612,000. As for multi-unit housing options, there are both older vintage courtyard condos and contemporary townhomes and half-duplexes to suit your needs. The new constructions tend to cost more with listing prices between $300,000 and $550,000 for a three-bedroom place. You can expect to find other condos starting in the low to mid $200,000s.
The average sale price of a home in Ravenswood Manor is represented by the chart to the right. The red line indicates the average price based on the total time frame selected in the drop-down window. The blue line indicates the average sale price for the particular month within that time frame. For more detailed information on Ravenswood Manor sign up for the trends report below or contact your Dream Town broker.
The average number of days a home in Ravenswood Manor spends listed for sale is represented by the chart to the right. The red line indicates the average number of days based on the total time frame selected in the drop-down window. The blue line indicates the average number of days a home spent on market during the particular month within that time frame. For more detailed information on average market listing times in Ravenswood Manor sign up for the trends report below or contact your Dream Town broker.
The average sale price of a home compared to its listing price in Ravenswood Manor is represented by the chart to the right. The black line indicates the baseline listing price for homes during the time frame selected in the drop-down. The red line indicates the difference between the average listing price and the average sale price during the particular month within that time frame. For more detailed information on Ravenswood Manor sign up for the trends report below or contact your Dream Town broker.
The total number of listings in Ravenswood Manor is represented in the chart to the right. The red line represents average number of days based on the total time frame selected in the drop-down window The blue bar represents the current number of listings during the particular month of that time frame. For more detailed information on Ravenswood Manor sign up for the trends report below or contact your Dream Town broker.
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