CHICAGO – Venture One Real Estate, LLC, through its acquisition fund, VK Industrial II, LP has closed on a 20,770 square foot fully leased industrial building at 3705 Stern Avenue/612 Stetson Avenue in St. Charles, Illinois.
The two tenant industrial building was built in 1987 and features 16’ clear ceilings and 5,148 square feet of office space with an above standard finish. Located on an attractive corner lot, each unit contains one interior dock and one drive in door with direct access to separate streets.
The property is fully leased by Unitronex Corp. and UV Specialties who have been in the building since 2006 and 2011, respectively.
Venture One’s VK Industrial funds have acquired over 3,000,000 square feet of industrial property in over 30 separate transactions in the Chicago market since opening in September of 2010.
Venture One Real Estate, LLC is a Chicago-based national commercial real estate company that acquires, develops, leases, and manages industrial and office properties on its own behalf and on behalf of investment partners. Venture One also provides real estate advisory services to buyers and sellers of investment properties and portfolios on a national basis.