Monday, November 22, 2010

$1,456,000 land deal in Ravenswood at Hermitage and Montrose

A large residential land parcel closed in Ravenswood early this month. The 92 X 165 lot sold for $1,456,000 in a cash deal. The church owned vacant parcel was listed at $1,200,000 and sold quickly for $256,000 over list price. Hallelujah.

The several blocks of North Hermitage between West Montrose Avenue and West Lawrence Avenue is home to recent custom new construction homes among the classic turn of the century Victorians (and we mean 1900). The several blocks of this Ravenswood neighborhood have offered attractive lot sizes for substantial luxury single family residences to cluster.

View some of the recent Ravenswood custom build new construction on Hermitage HERE

1 comment:

Anonymous said...

Is this that huge open land that has been empty for years? Any idea what's going in? After so many years I am surprised that it went above asking price, so wasn't sure if I was thinking about the right land.