Essex Realty Group, Inc. is pleased to announce the sale of 4516 N. Seeley Ave., a 6-unit apartment building located in the beloved Ravenswood neighborhood of Chicago. Ravenswood has seen real estate values skyrocket in the past decade, making it one of the highest valued markets in the city of Chicago. Ravenswood is well known for its quiet tree-lined streets, spacious lawns and beautiful residential architecture.

Essex generated over 10 property showings with qualified investor groups and garnered multiple competitive offers in the process. The property went under contract within 11 weeks of marketing and was sold to a local investment group who intends to invest further to significantly renovate the property.

The subject property is conveniently located in the beloved Ravenswood neighborhood of Chicago. Ravenswood has seen real estate values skyrocket in the past decade, making it one of the highest valued markets in the city of Chicago. Ravenswood is well known for its quiet tree-lined streets, spacious lawns and beautiful residential architecture. Many of the homes that were built
in the early 1900’s are still around today. These neighborhood properties stand side-by-side with rehabbed single-family homes, new construction single family homes and new construction condominiums. Ravenswood residents enjoy a variety of shops and
restaurants, from trendy boutiques to family-owned eateries. Ravenswood Avenue has a number of vintage buildings that were used as machine shops or other forms of industrial businesses throughout the 1900’s. Some are still being used for industrial business purposes, but many have been converted into offices, lofts and artist spaces. Many art studios, restaurants and antique shops have been spotted along this unique street.

• Prime Ravenswood Location
• Excellent Value-Add Opportunity
• 11 Weeks On-Market
• 10+ Property Tours
• Multiple Offers