ROSEMONT, IL – April 15, 2025 – Venture One Real Estate through its acquisition fund, VK Industrial VII, LP, has closed on the acquisition of a 37,287 square foot industrial building located at 857 Larch Avenue in Elmhurst, Illinois. The single-tenant property is currently leased on a short-term basis and will be available for lease in September of 2025.

The building was constructed in 1970 and sits on 1.72-acres of land. It features 16’ clear height, 2 docks, 2 oversized drive-in doors, parking for over 20 cars and an additional 0.40-acres of secured yard for outdoor storage or additional parking.

Joe Karmin, Justin Lerner and Ross Lehrman of Transwestern represented the seller and will be retained to market the property for Venture One.

VK Industrial VII is co-sponsored by Venture One Real Estate and Kovitz Investment Group. The fully discretionary fund targets industrial acquisitions in the Chicago, Northeast and Florida markets.