Friday, February 12, 2010

Snow man looks at Ravenswood Gardens real estate sales

Ravenswood Gardens pricing has stayed pretty stable during the past five years. Some of this can be attributed to the buzz of popular Waters Elementary. It's a small, but distinct, area. Let's take a look.

Only three single family homes have traded hands in the last 12 months in Ravenswood Gardens (4400 North to 4800 North and 2400 West to the Chicago River).
-2444 W Eastwood for $375,000 (small,dated, backed up to the train).
-4715 N Campbell for $600,000 (This look like a great deal on a large converted two flat).
-4737 N Rockwell for $672,500 (Very attractive home, beautiful lot... the Zillow link has the price wrong).

Condos can very greatly here... from a $160,000 two bedrooms garden unit (at the bottom, no pun intended) to a $465,000 three bedrooms top floor new construction home at the top of the market for the last 12 months. 40 transactions took place in the Gardens over the past year.

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