Essex Realty Group, Inc. is pleased to announce the sale of 4630 N. Francisco Ave., a sixteen-unit, walk-up building located on a quaint block in the Ravenswood Manor neighborhood of Chicago, Illinois.
The subject property includes eleven (11) one-bedroom / one-bath, two (2) two-bedroom / one-bath apartments, and three (3) street-level commercial spaces, and feature separate formal dining rooms, large family rooms, and hardwood flooring throughout the apartment.
The subject property is directly across the street from Ravenswood Manor Park and the Francisco Metra Brown Line Station. This rare pocket of Ravenswood offers the small community a picturesque neighborhood nestled between primarily single-family homes. The location provides convenient access to an array of dining, green space and transportation options.
The property sold within 97% of the list price to a local investor.
The subject property is conveniently located in Ravenswood Manor, a Chicago North-Side neighborhood. Ravenswood Manor is well known for its quiet tree-lined streets, spacious lawns, and beautiful residential architecture. Neighborhood properties stand side-by-side with rehabbed single-family homes, new-construction single-family homes, and new-construction condominiums. Ravenswood Manor residents enjoy a variety of shops and restaurants, from trendy boutiques to family-owned eateries.
The subject property is only a 5-minute walk from the Francisco Brown Line stop, located at the intersection of Francisco and Manor, which allows for an easy commute directly to the Loop and surrounding neighborhoods. Additionally, the Ravenswood Metra Station is located at Ravenswood and Lawrence, only a 7-minute drive from the subject property. This wide array of public transportation allows for a convenient commute to downtown Chicago’s Business District.
- Sold Within 97% of List Price
- Well-Maintained Mixed-Use Building
- Significant Value-Add Opportunity in Apartments
- Prime Ravenswood Manor Location
- One Block From Francisco Brown Line Station