Sale Of Fox Run Apartments A 220-Unit Multifamily Property In St. Charles Illinois

The transaction involved the sale of Fox Run Apartments, a multifamily property comprising 220 units and situated on 7.5 acres at 115 Walnut Drive in St. Charles, Illinois. This asset, built in 1973, features loft-style apartments along with various amenities, including a clubhouse, pool, fitness center, and laundry facilities.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: Not disclosed
• Units: 220
• Acres: 7.5
• Address: 115 Walnut Drive
• Market: St. Charles, IL
• Brokers: Ryan Engle & Andrean Angelov - Marcus & Millichap

Marcus & Millichap acted as the broker for this transaction, representing a private investor in the sale of the property to another private investor. The involvement of Ryan Engle and Andrean Angelov as brokers was instrumental in facilitating this transaction.