Essex brokers sale of two vintage North Side apartment buildings May 10, 2021
Essex Realty Group, Inc. announced the sale of 4827-4833 N. Wolcott Avenue, a 25-unit courtyard building located in Chicago’s popular Ravenswood neighborhood.
Essex Principals Jim Darrow and Jordan Gottlieb represented the out-of-state seller. This Essex team conducted an extensive marketing campaign resulting in more than 21 property tours and five offers. The property closed for approximately $5,435,500. Essex Principal Steve Livaditis represented the buyer, a local investor, in this transaction.
The property is comprised of spacious one- and two-bedroom apartments with separate living and dining rooms. The units include hardwood floors and a mix of white or stainless-steel appliances. Shared laundry is located on-site in the basement.