Thursday, December 18, 2014

Quirky Edgewater drinking hole on Ravenswood now new condos

Remember the Ravenswood Pub? In leaner and looser years I could be found there with some friends playing pool, throwing darts and eating free Sloppy Joes during Sunday football in the VFW style bar.
The old Ravenswood Pub located at 5455 N Ravenswood Avenue Chicago, IL 60640 in Edgewater closed in 2012. Condos rise on the property.  There goes the neighborhood!
I took this photo above for the many mates who have sat around the circle bar at Ravenswood Pub in the late 90s and early 2000s.  The old one story frame structure was torn down making way for the ubiquitous red brick six unit condo building currently being built.  I don't see a listing for the homes on or off the MLS as of yet.  However, the "West Andersonville" location is very popular and new condos here will be in demand.

The Ravenswood Pub, image from Google Maps

The property adjacent to the south looks poised to be "Phase II" of the development.  About 9 attached units have sold from 5200 North Ravenswood to 5600 North Ravenswood over the last two years with a median price of only $250,000. However, all the units were smaller, older re-sale units.  The new construction two beds/ two baths should sell over the $400,000 range.

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