Monday, August 08, 2011

Another new gut renovation sells in Ravenswood

I took this photo of 4706 N Damen in the spring. It's now a successful "flip" gut renovation under contract.

A troubled property and blight on a rather enjoyable retail strip has been renovated and is now under contract.

4706 N Damen was bought as a foreclosure in April 2010 for $250,000 cash. The gut renovated property is now an expanded 5 bedrooms and 4.5 baths well finished luxury single family home on a wide lot. It went under contract in July of this year with an asking price of $939,000.

4706 N Damen is located adjacent to the popular and bustling Perfect Cup coffee house and steps to the CTA Brown Line stop.

The Ravenswood and Lincoln Square neighborhoods continue to be popular destinations for renovation and new construction opportunities.

No comments: