House Prices

East Ravenswood Chicago, IL House Prices & Home Values 2026


Average Data

average house price$362,220
average size per house1328 ft²
average price per ft²275 $ / ft²

04/15/2026 - The value range (VR) for house prices in East Ravenswood Chicago, IL is $258/ sqft to $287/ sqft. An average home with 1328 sqft costs approximately $344,680 to $383,423. Chicago, IL includes 2 ZIP codes and it is located in Cook county. The lowest prices are found in ZIP 60640, while the highest are in ZIP 60613. The average price per sqare feet is $275. Our analysis is based on 22 property listings.

Avergage prices by ZIP codes East Ravenswood Chicago

60613287 $ / ft²
60640258 $ / ft²




Historical development of home values in East Ravenswood Chicago

Year Estimated value (USD) Change vs. 2025
2010 $168,222 -53.6%
2011 $161,716 -55.4%
2012 $161,281 -55.5%
2013 $167,309 -53.8%
2014 $175,629 -51.5%
2015 $184,642 -49.0%
2016 $194,278 -46.4%
2017 $204,764 -43.5%
2018 $216,085 -40.3%
2019 $226,104 -37.6%
2020 $237,793 -34.4%
2021 $270,464 -25.3%
2022 $315,300 -13.0%
2023 $332,498 -8.2%
2024 $351,734 -2.9%
2025 $362,220 0.0%

Graph: estimated home values in East Ravenswood Chicago over time (USD)



Example: 100% financing house in East Ravenswood Chicago

Loan amount: $362,220

Interest rate: 6.04%

Fixed monthly payment: $2,180.08

Breakdown in the 1st month:
Interest portion: $1,821.97  –  Principal portion: $358.12

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $21,742.70 $4,418.30 $357,801.70
2 $21,468.50 $4,692.49 $353,109.22
3 $21,177.30 $4,983.69 $348,125.52
4 $20,868.02 $5,292.97 $342,832.55
5 $20,539.55 $5,621.45 $337,211.10
6 $20,190.69 $5,970.30 $331,240.80
7 $19,820.18 $6,340.81 $324,899.99
8 $19,426.68 $6,734.31 $318,165.69
9 $19,008.77 $7,152.23 $311,013.46
10 $18,564.91 $7,596.08 $303,417.38
11 $18,093.51 $8,067.48 $295,349.90
12 $17,592.86 $8,568.13 $286,781.77
13 $17,061.14 $9,099.85 $277,681.92
14 $16,496.42 $9,664.58 $268,017.34
15 $15,896.65 $10,264.34 $257,753.00
16 $15,259.66 $10,901.33 $246,851.67
17 $14,583.15 $11,577.84 $235,273.83
18 $13,864.65 $12,296.34 $222,977.49
19 $13,101.56 $13,059.43 $209,918.05
20 $12,291.11 $13,869.88 $196,048.18
21 $11,430.38 $14,730.62 $181,317.56
22 $10,516.22 $15,644.77 $165,672.79
23 $9,545.33 $16,615.66 $149,057.13
24 $8,514.20 $17,646.79 $131,410.34
25 $7,419.07 $18,741.92 $112,668.41
26 $6,255.98 $19,905.01 $92,763.40
27 $5,020.71 $21,140.28 $71,623.12
28 $3,708.78 $22,452.21 $49,170.91
29 $2,315.44 $23,845.55 $25,325.36
30 $835.63 $25,325.36 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in East Ravenswood Chicago, IL


1500 sqft3900 sqft
Ø selling price$502,120$1,068,146
Ø fast selling$456,473$961,332
Ø high price sale$547,767$1,174,961

In 2026, houses in East Ravenswood Chicago, IL will be offered at an average price of $275 per square foot. A 1,500 sqft home priced at $502,120 is 23.14% more expensive per square foot than a 3,900 sqft home priced at $1,068,146. Home prices in East Ravenswood Chicago, IL vary significantly depending on the property’s condition and exact location. For a quick sale, a 2,700 sqft home should be listed at around $739,486. Sellers who can wait longer may achieve a higher price of up to $903,816.


East Ravenswood, Chicago IL Neighborhood Guide

Overview

The East Ravenswood neighborhood in Chicago, IL blends historic charm with urban convenience along leafy, residential streets.
Anchored between Lincoln Square, Uptown, and Andersonville, it offers a quiet vibe near vibrant commercial corridors.

History & Architecture

Designated as part of a local historic district, East Ravenswood showcases Queen Anne, Victorian, and classic Chicago greystones on generous lots.
Converted lofts and vintage courtyard buildings add character while preserving the area?s architectural legacy.

Lifestyle & Amenities

Residents enjoy destination breweries on the Ravenswood corridor?often called Malt Row?plus indie cafes, studios, and neighborhood eateries.
Green spaces like Chase Park and nearby Welles Park provide playfields, fitness programs, and seasonal events.
Each fall, the Ravenswood ArtWalk opens local galleries and maker spaces, celebrating the community?s creative roots.

Transportation & Accessibility

Commuters love the Ravenswood Metra (UP-N) station and easy access to the CTA Brown Line at Damen, Montrose, and Irving Park.
Cyclists can quickly reach the Lakefront via Lawrence or Montrose, and daily errands are highly walkable.

Real Estate & Community

Housing ranges from single-family homes to condos and artist-friendly live/work spaces, attracting buyers who value walkability, transit, and historic ambiance.



FAQ – Home Values in East Ravenswood Chicago

What is the median home value in East Ravenswood Chicago in 2026?

In 2026, the typical home value in East Ravenswood Chicago is about $362,220 for an average home size of 1328 square feet. This corresponds to an average price of roughly $275 per square foot.

What is the average cost per square foot in East Ravenswood Chicago?

In 2026, homes in East Ravenswood Chicago sell for an average of around $275 per square foot, with a typical range between $258 and $287 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in East Ravenswood?

The average home size in East Ravenswood Chicago is about 1328 square feet, with an estimated 2026 value around $362,220.



Neighborhoods close to East Ravenswood Chicago, IL

Portage Park Chicago, IL243 $ / ft²
St. Clair Gardens East Saint Louis, IL43 $ / ft²
Chicago Lawn Chicago, IL187 $ / ft²
Tanner Trails North Aurora, IL183 $ / ft²
Downtown Oak Lawn Oak Lawn, IL130 $ / ft²
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