Why Live in Riverdale
Riverdale, located on the southern boundary of Chicago, is dissected by the Little Calumet River, which serves as a natural city limit. The neighborhood offers quality housing and outdoor recreation, with gridded residential pockets featuring red brick ranches and two-story Georgian homes, many of which have been rehabilitated. Riverdale has seen a rise in real estate values since the beginning of the COVID pandemic. The area is conveniently located with Interstate 57 cutting through the community and Interstate 94 bordering it, providing connectivity to Downtown Chicago. Public transportation options include the Pace Suburban Bus and Metra Rail, with future plans to extend the Red Line of Chicago’s subway system to 130th Street, enhancing integration with the city. Riverdale features several parks and preserves, such as Whistler Preserve, Calumet Woods, and Kickapoo Woods, offering opportunities for picnicking, birdwatching, and soccer. The Joe Louis “The Champ” Golf Course and Beaubien Woods with Flatfoot Lake provide additional recreational options. Dining highlights include Ruby’s Soul Food, known for its Southern cuisine, and Fairway Finer Foods for grocery shopping. Riverdale celebrates veterans annually at Veterans Memorial Park.
Home Trends in Riverdale, IL
On average, homes in Riverdale, IL sell after 46 days on the market compared to the national average of 50 days. The median sale price for homes in Riverdale, IL over the last 12 months is $142,200, up 14% from the median home sale price over the previous 12 months.
Median Sale Price
$142,200
Median Single Family Sale Price
$142,500
Median Townhouse Sale Price
$51,500
Median 2 Bedroom Sale Price
$55,000
Average Price Per Sq Ft
$118
Number of Homes for Sale
53
Last 12 months Home Sales
97
Median List Price
$143,299
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
14%