Rosemont, IL – June 25, 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 27,757 square-foot industrial building located at 2411 United Lane in Elk Grove Village, Illinois. The property was vacant at the time of acquisition.
The multi-tenant building was constructed in 1976 and sits on 1.2-acres of land. The building is demised into two units. It has 6 docks, 2 drive-in doors, and parking for 30 cars. Venture One’s planned improvements include, office and warehouse renovations, parking lot resurfacing, and a sprinkler installation. The building is divisible into two units, each approximately 13,878 SF.
Jonathan Kohn and John D’Orazio of Colliers International have been hired to market the property.