Essex Realty Group secured the exclusive listing for this 31 unit courtyard building. Essex procured over 20 individual property tours and several written offers. Due to a highly competitive marketing process, the property transacted within 97% of list price.
The subject property is conveniently located in the Ravenswood neighborhood which is considered a Class-A market in 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 of these buildings 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.
- Vintage Courtyard Apartment Building
- Phenomenal Ravenswood Location
- Steps from Andersonville’s Clark Street Corridor
- Mostly Two-Bedroom Apartments
- Essex Generated Multiple Offers
- Closed Within 97% of List Price
- Seller had Owned for 25+ years