Rosemont, IL – October 4, 2018 – Venture One Real Estate through its acquisition fund, VK Industrial IV, LP, a partnership between Venture One and Kovitz Investment Group, has closed on the acquisition of a 51,682 square foot two building industrial portfolio located at 300 Washington Avenue and 1023 High Street in Mundelein, Illinois. The buildings are 86% leased to 16 tenants.
The multi-tenant buildings were constructed in 1987 and sit on 3 acres of land. The property has 19 units ranging from 1,792 to 5,887 square feet. Each unit has a drive-in door or access to common area loading.

Gary Wool of Wool Finance Partners represented the Seller in the transaction.

Ryan Kehoe and John Sharpe of Lee & Associates have been retained by Venture One to market the properties.