Glen Ellyn Apartment Complex Being Sold to San Francisco Investor

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 22^nd 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.