**Essex Realty Brokers Sale of 37-Unit Apartment Building in Ravenswood**
Essex Realty Group has announced the successful sale of a 37-unit courtyard-style apartment building located at 4901-11 N. Wolcott Avenue in Chicago’s Ravenswood neighborhood.
Originally constructed in 1930 and renovated in 2011, the multifamily property was listed for $6.6 million. Essex Realty Principals Jim Darrow and Jordan Gottlieb represented the seller, while Essex Director Abe Eilian represented the buyer, a local investor.
The building features a mix of studio, one-bedroom, and two-bedroom units. Residents benefit from modern amenities while enjoying the building’s preserved vintage character. Located in the popular Ravenswood neighborhood, the building is situated in an area known for its strong rental demand and proximity to public transportation.
This transaction highlights the continued interest from investors in well-maintained vintage properties located in transit-accessible North Side Chicago neighborhoods.
