ROSEMONT, IL – February 14, 2023 – Venture One Real Estate through its acquisition fund, VK Industrial VI, LP, a partnership between Venture One and Kovitz Investment Group, has closed on the acquisition of a 15,359 square foot industrial building located at 2526 Federal Drive in Chicago, Illinois. The multi-tenant building is currently 51% leased.

The property has 2 industrial units ranging from 7,458 to 7,911 square feet. The building is equipped with 2 drive-in doors and features 14.5’ clear height. The property is less than 1 mile from the interchange of I-55 & I-90 and 3 miles from the central business district. Venture One will renovate the vacant unit’s office and warehouse area immediately.

Alex Kritt of Colliers International represented the Seller in the transaction and will be retained to market the property for Venture One.