Ravenna

Long Grove, IL | 25 Lots | Investment, Development

Opportunity
Ravenna is located in Long Grove, IL and was developed for 109 single-family homes. The community offers impressive conservation areas, beautiful prairie grass, walking trails and a park. The community is located in the highly-regarded Adlai E. Stevenson High School District 125 in an area with limited housing supply. The area boasts custom homes priced from $700,000 to $1 million. In 2012, 25 lots were purchased from a national builder at 50% of cost.

Results
All lots have been sold; Meritus Homes, a Janko Group affiliate built the homes.