Berkadia Arranges Sale of 208-Unit Apartment Property in St. Charles, Illinois

by Kristin Harlow

ST. CHARLES, ILL. — Berkadia has arranged the sale of Ashford at St. Charles in suburban Chicago. The sales price was not disclosed. The 208-unit apartment property is located at 1690 Covington Court. The property features one- and two-bedroom units with a newly renovated clubhouse, fitness center and pool. Approximately 40 percent of the apartment units recently received upgrades. Ralph DePasquale and Alex Blagojevich of Berkadia arranged the sale on behalf of the seller, The Radco Cos. An affiliate of Chicago-based Ansonia Properties LLC purchased the asset.

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