A 264-unit apartment complex in Glen Ellyn is being sold to a San Francisco-based apartment investor.
The Berkshires of Glen Ellyn are being acquired by the Friedkin Realty Group, according to a story in ChicagoRealEstateDaily.com. Berkshire Property Advisors LLC, a Boston-based firm is the current owner of the apartment complex.
The apartments are located at 325 Rablewood Drive, north of 22nd Street and East of South Lambert Road. The apartments were built in 1975, renovated in 2007 and are considered a lower-tier, Class C property, according to the story.
Friedkin has acquired more than 1,700 apartment units across the Chicago area since 2008, and not including the Glen Ellyn Property, the firm has paid $182 million for five properties in the Chicago area, according to the ChicagoRealEstateDaily.com.
