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Lincoln Square

Lincoln Square

Urban Core Neighborhood in Chicago, Illinois

Cook County 60625, 60659

$571,772 Average Value
$324 Average Price per Sq Ft
23 Homes For Sale

Striking a balance between city and suburbs in Lincoln Square

“We like to think of ourselves as – you’re in the city, right? But maybe you don’t want to go all the way downtown. So you get that bustling city feel, but it’s still easier to park if you want to come from the suburbs, easier to walk around in,” says Rudy Flores, President and CEO of the Lincoln Square Ravenswood Chamber of Commerce. Primarily residential, Lincoln Square is often quieter during the day, as residents commute to offices and downtown; however, nights and weekends buzz with activity as residents enjoy the events and parks. A strong Chamber presence keeps Lincoln Square local, Flores notes – “We’ve watched the home values increase, but with that, the commercial values are also increasing. We need to keep getting more people to come visit our stores so they can stay small businesses.” This focus is most prominent along the main thoroughfare, where small shops stand tall, keeping out national chains. While some of these are foundational businesses, highlighting the German heritage that dates to the 1840s, the growth of diverse shops and restaurants reflects the ongoing change in the neighborhood.

Small town shopping and easy parking
Small town shopping and easy parking
Lincoln Square residents get the best of quiet suburban style living with city close by.
Lincoln Square residents get the best of quiet suburban style living with city close by.
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German delicacies at Gene's Sausage Shop

Lincoln Avenue runs through the heart of Lincoln Square, a mile-long corridor home to most of the neighborhood's dining and shopping. Adjacent avenues branch off to more local boutiques and eateries. “Young people will come from outside the neighborhood to go bar hopping; there are tons of shops and bars nearby,” says Lisa Sanders, a Realtor with @properties Christies International. Oromo Café is a convenient start at the bottom of the avenue on the way to The Book Cellar to browse the shelves. Gene’s Sausage Shop and Delicatessen embraces the German heritage of the neighborhood, selling gourmet sausages and other European delicacies. Places like 016 Restaurant & Sandwich Shop and Himalayan Sherpa Kitchen reflect the many cultures that have brought their flavors to the area. The latter features Nepalese and Indian cuisine, including Tibetan dumplings, and the former specializes in Serbian dishes from Leskovac – the name of the restaurant, 016, is the area code for the city. Tony’s Fresh Market is a family-owned supermarket chain for groceries. Target and other big box stores are a few miles outside the neighborhood.

Genes Sausage Shop is a must try for German imports and deli items.
Genes Sausage Shop is a must try for German imports and deli items.
The Book Cellar is Lincoln Squares beloved local literary space with the latest novels.
The Book Cellar is Lincoln Squares beloved local literary space with the latest novels.
Merz Apothecary offers medicine and herbs to locals in Lincoln Square.
Merz Apothecary offers medicine and herbs to locals in Lincoln Square.
Himalayan Sherpa Kitchen offers Nepalese and Indian cuisine to Lincoln Square residents.
Himalayan Sherpa Kitchen offers Nepalese and Indian cuisine to Lincoln Square residents.
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Varied prices in Chicago's far north

“During the day, it’s pretty quiet up here because we are primarily residential, and there are not a lot of big offices,” says Flores. Homes in Lincoln Square vary in price, providing opportunities at all price levels for prospective buyers. Condos in early- to mid-1900s mid-rise buildings sell for $100,000 to $300,000, while those in 2000s-era buildings go for $275,000 to $575,000. Single-family homes with Craftsmen, Georgian and prairie influences are throughout the neighborhood and range in price based on age. Established homes that may need updating sell from $300,000 to $1.3 million; new construction sells for $975,000 up to $2.3 million. Two- and three-flat units are also common. “Homes in the neighborhood can be expensive; that is why some people will buy a two-flat, remodel one level to live in, and rent out the other,” Sanders says. Turnover here is fast – homes sell on average after 23 days on the market, roughly half the national average of 44 days on the market.

Single family homes are available in Lincoln Square.
Single family homes are available in Lincoln Square.
The Lincoln Square neighborhood offers many different styles of homes.
The Lincoln Square neighborhood offers many different styles of homes.
You can find three-story homes in Lincoln Square.
You can find three-story homes in Lincoln Square.
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Quality Chicago Public schools and prep schools

Sprawling over a large residential area, several schools in Chicago Public Schools service the neighborhood. Some students in the northern end of the neighborhood above Summerdale Avenue will start at Jamieson Elementary School before moving to Mather High School. These receive a B-plus and a B, respectively, from Niche. Budlong Elementary, which gets a B, is the primary elementary school for students within the neighborhood. It's complimented by Hayt Elementary and McPherson Elementary, which receive B-minus grades, along with B-plus-rated Chappell Elementary and Waters Elementary earns an A-minus. All of these schools feed into Amundsen High School, which also earns an A-minus. Numerous magnet and prep schools, including nearby Lane Tech, are available for opting into. Rob Munds, Realtor with Jameson Sotheby’s International Realty and resident of nearby Southport, notes these are highly competitive, often taking hundreds out of thousands of qualified applicants. “Some people will travel quite a ways to go to a specific school,” says Munds, “Some kids at my daughter’s school live in Northfield, which is way up north. They leave an hour ahead of time to get in – if it’s rainy or snowy, an hour and a half.”

Budlong Elementary School serves students in the Lincoln Square neighborhood.
Budlong Elementary School serves students in the Lincoln Square neighborhood.
Lane Tech College Prep High School offers high quality learning to students in the Chicago area.
Lane Tech College Prep High School offers high quality learning to students in the Chicago area.
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Acres of green space at River Park

River Park has 30 acres of green space for fishing, playing sports, spending time in the river, or observing wildlife and nature. The canoe and kayak launch allows folks to drop into the river and enjoy the river's flora. There are tennis courts, a public swimming pool, and a fenced dog play area. The North Shore Channel Trail is accessible from the park and has over 8 miles of paved trails for walking, running and cycling. Nestled within the Rosehill Cemetery – which has plenty of winding paths to walk – the West Ridge Nature Park features a pond for bird-watching and fishing, surrounded by lush marshes full of native plants. To the east, Winnemac Park is home to a playground and five ball fields, while the expansive Horner Park is just a few blocks south of the bottom end of the neighborhood – this keeps all residents within a few blocks of a city park. The Old Town School of Folk Music is just south of the neighborhood for indoor recreation and entertainment. It is the largest non-profit community arts school in the country, and thousands of students attend classes weekly, ranging from dance to folk music performances and more.

Enjoy the walking paths at River Park in Lincoln Square.
Enjoy the walking paths at River Park in Lincoln Square.
Children in Lincoln Square can visit Jacob Park's playground.
Children in Lincoln Square can visit Jacob Park's playground.
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Fall fun with Apple fest and Oktoberfest

“Apple Fest is in its 37th year, it’s almost half a mile long, and we bring farms into the city,” says Flores. “Restaurants do apple-inspired dishes; we have around a hundred vendors, if not more. Over 40,000 people came through last year; it’s a big, fun family fall fest.” Steve Inacker, co-owner of Vicinity Candles – who create aromas focused on neighborhoods around the city – has used the festival and the neighborhood’s love for it as the foundation for their Lincoln Square candle. “Apple Fest is what our candle is based on for the neighborhood. Fall, apple pie. family.” The neighborhood’s German heritage is also a prominent part of the area. In late September, The Chicago German-American Oktoberfest shuts down Lincoln Square's heart with traditional drinks, bands, food, games and more. Square Roots, one of Chicago’s premiere music festivals, takes place over three days in July as the Chamber partners with the Old Town School of Folk Music to explore music from across the globe.

Friends yell "Prost" as they sip a pint of imported German beer at Lincoln Squares Oktober Fest.
Friends yell "Prost" as they sip a pint of imported German beer at Lincoln Squares Oktober Fest.
Lincoln Square's Apple Fest showcases the best Apples from around the Midwest.
Lincoln Square's Apple Fest showcases the best Apples from around the Midwest.
Large crowds flood the streets of Lincoln Square during Oktober Fest.
Large crowds flood the streets of Lincoln Square during Oktober Fest.
Fall harvest vegetables from local framers are on sale during the annual autumnal Apple Fest.
Fall harvest vegetables from local framers are on sale during the annual autumnal Apple Fest.
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Lincoln Square provides plenty of options to get around

“The L line – the Brown Line – was historically called the Ravenswood line,” says Flores, and longtime residents still refer to it that way. It runs across the bottom end of the neighborhood, while the Green Line is a few blocks east, offering more stops throughout the city. Flores notes that the neighborhood is very walkable and points out a new low-stress bike route that helps keep riders away from traffic and makes the community accessible through all forms of transportation. Endeavor Health Swedish Hospital is in the center of the neighborhood for 24-hour emergency care, usually less than five minutes from anywhere within the community. It’s one of the larger employers within the neighborhood as well. When residents want to travel, Chicago O’Hare International Airport is 10 miles west. It is usually a 40-minute drive but can reach upwards of an hour at peak times.

CTA Bus routes connect at the Western Ave Brown Line station, and run on major streets.
CTA Bus routes connect at the Western Ave Brown Line station, and run on major streets.
The Western Ave CTA Brown Line quickly connects Lincoln Square to the Chicago El network.
The Western Ave CTA Brown Line quickly connects Lincoln Square to the Chicago El network.
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A popular Farmer’s Market for commuters

The Lincoln Square Farmer’s Market takes place twice a week, with a night market on Thursdays - it was one of the first in the country, according to Flores. “They started the evening markets thinking about people's commuting patterns; it’s difficult to go to a weekday market when you’re working a 9 to 5 job and working downtown. The Tuesday morning market is right next to the L station – but what, are you going to take your produce to work? That’s why they started the evening one, so you’re coming off that train and picking it up before you go home.” This has helped make the market a mainstay in the community and a regular stop for residents from May through November.

Lincoln Square has two weekly farmers markets, one on Tuesday mornings and Thursday evenings.
Lincoln Square has two weekly farmers markets, one on Tuesday mornings and Thursday evenings.
Views of downtown Chicago in the distance as the crowd files into the Lincoln Square market.
Views of downtown Chicago in the distance as the crowd files into the Lincoln Square market.
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Andrew Tyson
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Andrew Tyson
Brett Bulthuis
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Brett Bulthuis
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Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Interested in learning more about homes in this area? Reach out to Tim Brent, an experienced agent in this neighborhood.

Parks in this Area

Transit

Airport

Chicago O'Hare International

22 min drive

Subway

Western Station (Brown Line)

Bus

Lawrence & Washtenaw

Bus

Western & Berwyn Terminal

Bus

Lawrence & California

Bus

Foster & Virginia

Bus

Foster & Washtenaw

Bus

Lincoln & Balmoral

Bus

Western & Leland (Brown Line)

Crime and Safety

1 - Low Crime, 10 - High Crime Lincoln Square US
Homicide 4 4
Sexual Assault 3 4
Assault with Weapon 3 4
Robbery 4 4
Burglary 3 4
Motor Vehicle Theft 4 4
Larceny 4 4
Crime Score 4 4

Source: WhatIsMyCrimeRisk.com

Demographics and Home Trends

Home Trends

Median Price (12 Mo)
$400,000
Median Single Family Price
$865,000
Median Townhouse Price
$662,000
Median 2 Bedroom Price
$262,000
Median 1 Bedroom Price
$152,000
Average Price Per Sq Ft
$324
Number of Homes for Sale
23
Last 12 months Home Sales
211
Months of Supply
1.30
Median List Price
$404,500
Median Discount From 1st List Price
0%
Median Home Sale Price YoY Change
8%

Home Facts

Number of Homes in Neighborhood
2,543
Median Year Built
1954
Avg. Single Family Home Size Sq Ft
3,240
Significantly above the national average
1,935
Average Townhouse Size Sq Ft
2,572
Average 2 Bedroom Size Sq Ft
1,178
Average 1 Bedroom Size Sq Ft
777
Average Studio Size Sq Ft
597
Median Lot Size Sq Ft
4,356

Open Houses

  • Saturday, Apr 26
    1 - 3pm

    5444 N Campbell Ave Unit 3, Chicago, IL 60625

    $375,000

    • 3 Beds
    • 1.5 Baths
    • 1,800 Sq Ft
    • 5444 N Campbell Ave
    • Unit 3
    • New 1 day ago

    Lincoln Sq.-Budlong Woods! Top floor! extra wide, gorgeous 1920's architecture . Originally converted /fully rehabbed in 2009, this almost 1800 asf condo has 3 bedrooms -1.1 bath, Huge windows with all 4 exposures, Super bright. Beautiful arches, almost 9 ft ceilings,hardwood floors and more. Kitchen has granite counters, SS package, front load LG Washer/Dryer in unit. Central air, Lots of

    Stacie Dumas Dumas & Associates, Inc.

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  • Sunday, Apr 27
    12 - 2pm

    2642 W Foster Ave Unit 304W, Chicago, IL 60625

    $150,000

    • 2 Beds
    • 1 Bath
    • 2642 W Foster Ave
    • Unit 304W
    • New 1 day ago

    Don't miss your chance to own this top-floor corner unit in a charming courtyard building right in the heart of Lincoln Square/Budlong Woods. This 2 bedroom, 1 bathroom condo offers a smart, efficient layout with abundant natural light pouring in and hardwood floors throughout, adding warmth and character. The kitchen is thoughtfully designed with plenty of cabinet and granite countertop space,

    Emma Alhalel Cross Street Real Estate

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  • Saturday, Apr 26
    11am - 1pm

    2759 W Lawrence Ave Unit 3W, Chicago, IL 60625

    $725,000

    • 3 Beds
    • 2 Baths
    • 1,800 Sq Ft
    • 2759 W Lawrence Ave
    • Unit 3W
    • New 2 days ago

    First resale of 3-years-new penthouse condo in Lincoln Square/Waters Elementary. All brick, extra wide 3-bedroom/2-bath condo has all of the bells and whistles plus a private roof top deck across the full roof of unit 3W. Completed in December 2021 by notable developer Platinum Homes, this beautiful home provides a heightened sense of space and comfort. Beautiful features include oak hard wood

    Rose Leversha @properties Christie's International Real Estate

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Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Interested in learning more about homes in this area? Reach out to Tim Brent, an experienced agent in this neighborhood.

Average Home Value




Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Renters

Demographics

Total Population
20,496
Median Age
40
Population Density
21 ppl/acre
Population under 18
22%
On par with the national average
23.8%
Population over 65
14.5%
On par with the national average
19.1%

Finances

Median Household Income
$83,294
Above the national average
$71,702
Average Household Income
$108,302

Education and Workforce

High School Graduates
92.1%
College Graduates
60.3%
Significantly above the national average
34.1%
Advanced Degrees
23.6%
Above the national average
13.3%
% Population in Labor Force
75%

Weather

Annual Precipitation
40''
Average Winter Low Temperature
17°F
Average Summer High Temperature
83°F
Annual Snowfall
40''

Area Factors

Bikeable

Bike Score®

61 / 100

Walker's Paradise

Walk Score®

90 / 100

Good Transit

Transit Score®

62 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
Lincoln Square