Essex Realty Group Brokers the Sale of 6 Units in Ravenswood

September 09, 2019

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.

Since 1990, Essex Realty Group, Inc. has served Chicago’s investment real estate market as a top multifamily brokerage firm. Contact us today to learn more about our recent multifamily and mixed-use property sales, or click HERE.

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