The buyer and seller, St. Charles Apartments LLC, wererepresented by Rich Artman, VP and managing broker, and HeatherDevermann, senior commercial specialist with Inland Real EstateBrokerage. "The seller is leaving the real estate business to focuson other activities," Artman tells GlobeSt.com. The former ownerpurchased the property, which was built in 1971, more than a decadeago.

"It's an affluent area, close to the Randall Road shoppingcorridor and downtown St. Charles, which a lot of people think isvery quaint," Artman says. "It's that kind of old-town communitythat people are flocking to right now. It's a community that haslong been sought after, and a premiere address."

Each unit has a balcony or patio, and the building offerstenants a swimming pool and sun deck and professionally landscapedgrounds. Rental rates in the building range from $750 to $1,050 amonth. The property is near Route 64.