Rosemont, IL – September 25, 2023 – Venture One Real Estate through its acquisition fund, VK Industrial VI, LP, has closed on the acquisition of a 66,904 square foot multi-tenant industrial building located at 5940 Oakton Street in Morton Grove, Illinois. The building is fully leased to two tenants.
The multi-tenant building was constructed in 1963 and sits on 2.46-acres of land. It features 18’ clear height, up to 4 docks, 4 drive-in doors and parking for 66 cars.
Denise Chaimovitz, SIOR of Entre Commercial Realty represented the Seller in the transaction.
VK Industrial VI 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.