Essex Realty Group, LLC brokered the sale of 4534.5–4538 N. Wolcott Ave., an 18-unit multifamily property in Chicago’s Ravenswood neighborhood. The well-maintained vintage asset sold for $4,537,000 in an off-market transaction.
The transaction was facilitated by Essex Realty Group Principals Matt Feo and Steve Livaditis, who represented the seller. Principal Steve Livaditis also represented the buyer in the transaction.
The half-courtyard multifamily property features a unit mix of nine one-bedroom, one-bathroom apartments and nine two-bedroom, one-bathroom apartments. The well-maintained vintage building offers white appliances, laminate countertops, hardwood floors, radiator heat, and coin-operated laundry. The asset presents a clear value-add opportunity in a highly sought-after North Side location.
Located in Ravenswood on Chicago’s North Side, the property benefits from a strong residential setting known for its tree-lined streets and proximity to neighborhood retail and dining corridors. The area offers convenient access to the Brown Line, Metra rail service, and major thoroughfares, supporting consistent rental demand and long-term investment stability.
