Riverwoods, IL Real Estate

According to census data in the year 2000 there were 1,246 housing units in Riverwoods. This represents a 36.5% growth from 913 in 1990.

Of those housing units, 1,246 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Riverwoods is about 97.1%. Riverwoods's vacancy rate, including seasonal lodging, is about 4.1%. Average household size is 3.03 people.

The majority of houses, apartments or condos in Riverwoods were built after 1977.


Housing Size

Housing Units by Size
Studio Type0%
One Bedroom2.20%
Two Bedrooms5.40%
Three Bedrooms29.70%
Four Bedrooms43%
Five Bedrooms or more19.70%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size3.04
Median year structure was built1977
Median Value of occupied units$522,200
Median Price asked for vacant units$527,800

Rented Homes, Apartments and Condos

Average Household Size2.57
Median year structure was built1954

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.30%
Second Mortgage3.70%
Home Equity Loan15.70%
Simple Mortgage59.50%
Debt Free20.80%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs19.1%