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Named by a group of real estate investors, Ravenswood initially attracted wealthy landowners lured by its large lots and convenient railroad stop. Over the years, farmland and woods have become fashionable shops and enticing restaurants, allowing the community to remain self-sustaining. Since the 1990s, the neighborhood's real estate values have increased, due in part to its ready access to transportation, as well as its secluded atmosphere. 
Approximately delineated by Foster Avenue to the north, Montrose Avenue to the south, the Chicago River to the west, and Ashland Avenue to the east, Ravenswood offers the immense Sulzer Regional Library, an imposing architectural landmark. Another attraction, the Old Town School of Folk Music, is just a few blocks north on Lincoln. While the school has a long history of educating students of all levels, it may be better known for hosting noteworthy performers such as Pete Seeger, John Prine and Shawn Colvin in its 400-seat auditorium. On a sunny day, you are likely to see residents at play in Welles Park, which offers a playground, tennis courts and baseball fields or at Winnemac Park, which boasts softball and soccer fields, a prairie garden and nature trails. Ravenswood also presents an array of dining options, and local favorites include the inexpensive yet sumptuous Tank Sushi, and the classic comfort food diner, Pauline's. 
As entertaining as are Ravenswood's commercial areas, its residentially zoned sections offer incomparable beauty. Overwhelmingly green, the neighborhood is often sited for its courtyard-style buildings, which sit on hefty lots. Million dollar mansions, condominiums ranging in price from $150,000 to $300,000, and rehabbed single-family homes in the $400,000s, stand alongside one another on spacious tree-lined streets.