Rosemont, IL – January 7, 2020 – 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 23,933 square foot industrial building located at 3945 Stern Avenue in Saint Charles, Illinois. The single-tenant building was 100% leased at acquisition.
The precast building was constructed in 1997 and sits on 2.19 acres of land. It features 17’ clear height, 1 exterior dock, 2 drive-in doors and parking for 42 cars.
Pat Ryan of Combined Commercial realty represented the Seller in the transaction. Venture One was represented by Nick Krejci and Noel Listen of Darwin Realty.