Wednesday, March 27, 2013

"Downtown" Rockwell Crossing + Sales in Ravenswood Gardens

We recently listed a condo for sale at 4709 N Artesian (now under contract) in the Ravenswood Gardens sub-neighborhood of Lincoln Square.  Although the condo is just across North Western Avenue from the major retail and entertainment strip it also has a small "downtown" of it's own called Rockwell Crossing  on North Rockwell Street.

The CTA Brown Line crosses at street level starting at the Rockwell stop and all stops heading west. (Photo Eric Rojas)

 A handful of popular businesses line North Rockwell such as Bloom Yoga, Beans and Bagels (shown above), Rockwell's (bar and grill) Pizza Art CafĂ© and my personal favorite The Red Lion English pub.

The Rockwell Crossing development shown above has remained a popular building with several re-sale units this past year. (Photo Eric Rojas)

Condo Sales (attached homes) in Ravenswood Gardens Past 12 Months (area shown below)

34 condos (attached homes including town houses) sold and closed over the past 12 months from this date (3/27/13).  This is about even with the 35 units sold from March 2011 to March 2012. The median price of a condo home is $230,000 and was about the same the previous year as well.

The highest condo sale was 2450 West Montrose #2N for $440,000...a newer construction 3 beds, 2 baths condo with 2 car garage parking.  The lowest sale was 2619 W Agatite #3F for $87,500.  The 1970's built 3 beds, 1 bath unit on the river was in mostly original condition.

Single Family Home Sales in Ravenswood Gardesn Past 12 Months

12 single family homes sold over the last 12 months.  The median price is about $715,000 for closed houses.  The highest sale was $1,040,000 for 4530 N Virginia...a charming double-lot home on the River renovated in 1988.  The lowest single family home sale was 4740 N Artesian sold for $475,000...a 3 bedrooms frame cottage house on a 30' wide.

Statistics and map generated form by Eric Rojas, Licensed Real Estate Broker at Kale Realty