Ravenswood is a neighborhood located on the North Side of the city of Chicago, Illinois. It is situated in Lincoln Square, one of the 77 well-defined Chicago community areas.
According to the Encyclopedia of Chicago, Ravenswood was founded in 1868 as an exclusive commuter suburb by a group of real-estate speculators. These speculators formed the Ravenswood Land Company and purchased 194 acres of farmland and woods eight miles north of Chicago. Ravenswood is known for its courtyard-style residential buildings. Once considered an "up and coming" neighborhood, Ravenswood has seen its real estate values skyrocket since the 1990s.
Ravenswood Elementary was established in 1873 as Sulzer Street School; Sulzer Street was later renamed Montrose Avenue. The school adopted its current name in 1893, when 12 classrooms were added to the building. In 1912 and 1913 wings on the north and south sides of the building, consisting of 12 rooms, were built. The school received additional land in 1923; this land was acquired by CPS in 1910. From 1912 to a period in the 1930s, junior high school level students attended classes at Stockton School instead of Ravenswood School, and in turn first year students (freshmen) from Lake View High School, which was overcrowded, attended classes at the Ravenswood building. As of 2016[update] Ravenswood Elementary has 500 students.