Chicago & Midwest CRE News In Your Inbox.
Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.
Courtyard Apartments Trade Near Ravenswood Metra, CTA Stations
Essex Realty Group closed the sale of 4827-4833 N. Wolcott Ave., a 25-unit courtyard building in the North Side’s Ravenswood neighborhood, located near the newly renovated Ravenswood Metra Station, the Damen Brown Line CTA Station and a new Mariano’s supermarket. The property closed for approximately $5,435,500.
Essex principals Jim Darrow and Jordan Gottlieb represented the out-of-state seller. Principal Steve Livaditis represented the buyer, a local investor.
Livaditis said, “The purchaser was quickly attracted to the property primarily due to the value-add opportunity presented and the lack of inventory for quality courtyard buildings in this ideal pocket of Ravenswood.”
- ◦Sale

