Ravenswood is a neighborhood located on the North Side of the city of Chicago, Illinois. It is situated in Lincoln Square, one of the 77 well-defined Chicago community areas.
Ravenswood was founded in 1868 as an exclusive commuter suburb by a group of real-estate speculators. These speculators formed the Ravenswood Land Company and purchased 194 acres of farmland and woods eight miles north of Chicago. The woods supported a population of ravens. Ravenswood is known for its courtyard-style residential buildings. Once considered an “up and coming” neighborhood, Ravenswood has seen its real estate values skyrocket since the 1990s.