ROSEMONT, IL – July 2, 2025 – Venture One, through its acquisition fund VK Industrial VII, LP, has acquired a 26,173 square foot industrial building located at 18531 Spring Creek Drive in Tinley Park, Illinois. The property was vacant at the time of acquisition.

Situated in the North Creek Business Center within Tinley Park, the building offers direct access to I-80 via Harlem Avenue and proximity to Will County’s extensive skilled labor pool. The property sits on 1.79 acres and features 19 foot clear height, two docks, two drive-in doors, and parking for 56 vehicles. It is fully air-conditioned and equipped with 3,200 amps of power.

Venture One plans to complete several make-ready improvements, including office renovations, warehouse painting, parking lot resurfacing, and the installation of energy-efficient lighting.

Bruce McConnell of Savills represented the seller in the transaction. Michael O’Leary, Dylan Maher, and Ryan Earley of Lee & Associates have been retained to market the building for lease or sale.
VK Industrial VII is co-sponsored by Venture One Real Estate and Kovitz Investment Group. The fully discretionary fund targets industrial acquisitions in the Chicago, Northeast, and Florida markets.