ST. CHARLES, IL. (August 31, 2026)–M Group is pleased to announce the sale of Fox Run Apartments in St. Charles, Illinois.  M Group acquired this property in partnership with RUME.

The property sold for $32,350,000.  Built in 1971, Fox Run Apartments consists of four 2-story buildings composed of 220 units on 7.56 acres.  Property amenities include; a swimming pool, Bluetooth intercom system, dog park and wash and laundry facilities.  Proposed improvements include; a remodeled clubhouse, grill area, 24 hour fitness center, elevators and Amazon package lockers.

M Group is a privately held real estate and investment firm with offices in Birmingham, Michigan and Aspen, Colorado. M Group has acquired or invested in over 200 properties totaling more than 21,000,000 square feet throughout North America. M Group’s principals, Mitchell Mondry, Josh Mondry, and Ira Mondry have over 100 years combined experience in the real estate industry, as well as in operating businesses. M Group seeks existing, income-producing multi-family and student housing properties.