Essex Realty Group Brokers the Sale of 6 Units in Ravenswood
4516 N. Seeley Avenue is a six (6) unit modern apartment building located in the heart of Chicago’s beautiful Ravenswood neighborhood.
Ravenswood is a highly desirable location for investors; however, apartment buildings rarely become available and opportunities to buy are few and far between. The Seller, a private real estate investor, hired Essex’ Matt Feo & Doug Fisher to exclusively represent them in the disposition of the asset. Essex procured over 10 property tours and several offers. Essex’ Matt Feo represented the ultimate Purchaser, a local real estate company.
The property was under contract within 11 weeks of marketing.
The sale price was $975,000 and the purchaser plans to invest further to significantly renovate the property.
Matt Feo and Doug Fisher represented the seller and Matt Feo represented the buyer on the transaction.