Rosemont, IL – July 29, 2021 – Venture One Real Estate through its acquisition fund, VK Industrial V, LP, a partnership between Venture One and Kovitz Investment Group, has closed on the acquisition of a 21,230 square-foot industrial building located at 1421 Armour Boulevard in Mundelein, Illinois. The property is fully leased to seven tenants.
The multi-tenant building was constructed in 1979 and sits on 1.18-acres of land. The building is demised into six units, each equipped with 1 drive-in door.
Brian Bocci, SIOR of Entre Commercial Realty LLC represented the Seller in the transaction.