Wednesday, July 27, 2011

Rare Ravenswood new construction condos hit market

A long stalled new construction condo project in the Ravenswood neighborhood of Lincoln Square is now being marketed. Located at 4907-4909 N Ravenswood, I spotted this development over two years ago when construction began. After 2008, it was one of the VERY few new construction condos to break ground in greater Lincoln Square...then caput.

There is one listing on the MLS now for 4907 N Ravenswood, Unit #3S. Its a three bedroom, two baths "penthouse" with luxury finishes, front terrace, back deck and rooftop deck. Priced at $425K with one garage spot included. Considering the outdoor space and garage, this is a pretty good value.

Looks like there will be two top floor units, a couple middle units and two duplex-down homes. This is a very pleasant location adjacent to established town homes and single family homes. The Ravenswood Metra stop is only a few blocks away. It's very green with mature trees and gardens planted along North Ravenswood...and a very Green minded neighborhood with the Zero Net Energy Yannell House located a few doors down.

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