Thursday, April 10, 2014

Newest single family home construction, rehabs in Ravenswood near Winnemac Park


The giant garbage bins are scattered around Winnemac Park for another season of new construction and gut rehabs around the Ravenswood neighborhood of greater Lincoln Square.

4846 N Seeley (middle) was sold as a short sale for $350,000 cash in September of last year.  The new owners listed as an LLC are well into the impressive gut renovation.

4950 N Leavitt was sold as a short sale last year for $403,000 cash (asking price was $399,000).  An active local broker/developer represented the sale and the LLC owner is well into the gut renovation.

None of the homes above are listed for sale just yet.  My guess is all three houses will be marketed for sale but it is possible one or more already have a buyer agreement in place.


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