Chicago-based 33 Realty has brokered the $1,950,000 sale of a 32-unit property known as Foxwood Hills Apartments. Located at 1400-1430 Nettie Street in Belvidere, Illinois.
Beautifully situated on a 1.6 acre plateau, the property was fully occupied at the time of sale and offers a mix of 16 two-bedroom and 16 one-bedroom apartments. Impeccably maintained workforce housing, Foxwood Hills sold for $60,947 per unit, a record price for Belvidere. John Meyer, managing director of 33 Realty, represented both parties in the transaction.