Riva Ridge, Libertyville, IL
Riva Ridge — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Riva Ridge, Libertyville, Illinois. Explore the cited sources and local facts below while agent underwriting continues.
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Riva Ridge Neighborhood Overview
Riva Ridge is a well-established residential neighborhood in the northern Illinois village of Libertyville. Characterized by its quiet, tree-lined streets and spacious lots, the area offers a serene suburban atmosphere. Its location provides residents with a peaceful retreat while maintaining convenient access to community amenities.
Lifestyle & Amenities
Residents enjoy a family-oriented lifestyle with easy access to Libertyville's vibrant downtown, which features boutique shopping, diverse dining, and community events. The neighborhood is also close to several parks and forest preserves, offering ample opportunities for outdoor recreation. This balance of community charm and natural space defines daily life in Riva Ridge.
Real Estate Market
The real estate market in Riva Ridge consists primarily of single-family homes on generous lots, reflecting its established character. According to U.S. Census data, the median home value in the area is $517,700. This positions the neighborhood as an attractive option for those seeking a premium suburban living experience in Lake County.
Schools & Education
Families in Riva Ridge are served by the highly regarded Libertyville School District 70 for elementary and middle school and Libertyville High School District 128. These public school districts are consistently ranked among the top in the state. The community's strong investment in education is a central feature of the neighborhood.
Transportation & Connectivity
The neighborhood provides excellent connectivity via major roads like Route 176 and Milwaukee Avenue. Commuters have straightforward access to Interstate 94, facilitating travel to Chicago, O'Hare International Airport, and other major employment centers in the region. This makes Riva Ridge a practical choice for professionals.
Why Choose Riva Ridge
Riva Ridge appeals to those seeking a tranquil, established community with top-tier schools and a high quality of life. With a median household income of $166,229, the neighborhood reflects a stable and prosperous demographic. It successfully combines suburban serenity with the convenience of nearby urban amenities and transportation corridors.
Sources
- U.S. Census Bureau, American Community Survey 5-Year Estimates (2022) — data.census.gov
Riva Ridge Market Data
| Metric | Value |
|---|---|
| Median Home Price | $518K |
| Median Gross Rent | $1K/mo |
| Median Household Income | $166K |
| Homeownership Rate | 84.6% |
| Renter-Occupied | 15.4% |
| Rental Vacancy Rate | 9.2% |
| Market Type | Buyer's |
| Market Tier | Luxury |
| Primary ZIP Code | 60048 |
| Mortgage Originations (2022 HMDA) | |
| Total Mortgage Originations | 262,923 |
| VA Loan Originations | 10,875 |
| VA Loan Share | 0.0% |
| Average VA Loan Amount | $270K |
| Conventional Loan Originations | 219,732 |
| FHA Loan Originations | 32,316 |
Top Real Estate Agents in Riva Ridge, Libertyville
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Riva Ridge, Libertyville, IL. Explore the available cited neighborhood data on this page.
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Data Provenance
- State Licensing: Illinois Department of Financial and Professional Regulation (IDFPR) — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Mortgage Data: FFIEC Home Mortgage Disclosure Act (HMDA) Data, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-12