Essex Realty Group, Inc is proud to exclusively market for sale
4954 N. Ridgeway Ave. The subject property is a 22-unit condominium
building located at the southwest corner of Ridgeway Avenue
and Argyle Street in the Albany Park neighborhood of Chicago.
A single entity owns sixteen of the twenty-two condominiums in the
building, representing an approximate 72.8% ownership of the association,
while the six remaining owners are open to exploring a
sale. Per Section 15 of the Illinois Condominium Act, Essex has
been engaged to represent the 4954 N. Ridgeway Association in
the sale of all condominium units.
The unit mix consists of three (3) 1 Bed / 1 Bath units, one (1) 2
Bed / 2 Bath garden unit, fifteen (15) 2 Bed / 2 Bath units, two (2) 3
Bed / 2 Bath duplex units, and one (1) 3 Bed / 2.5 Bath duplex unit.
All the layouts, common space, and shared tenant services were
reconfigured at an investment cost of over $2 million when the
property was renovated to be condominiums in 2007.