The property involved in the transaction is located at 1515 Louis Ave, Elk Grove Village, IL, situated in the Elk Grove Village market. The specific price and square footage details are not provided in the transaction summary. The building is fully leased and was acquired through an online auction as part of a larger acquisition strategy.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: Not disclosed
• Address: 1515 Louis Ave, Elk Grove Village, IL
• Market: Elk Grove Village
• Seller's Representative: Matthew Tarshis - Frontline Real Estate Partners, Andrew Rubin - Frontline Real Estate Partners
• Buyer: VK Industrial IV, LP
• Seller: Unknown

The transaction included an acquisition by VK Industrial IV, LP, which is a partnership between Venture One Real Estate and Kovitz Investment Group. The buildings acquired also include properties at 1300 Morse Avenue in Elk Grove Village and 7500 Natchez Avenue in Niles, Illinois, all marketed through various brokers. Jonathan Kohn of Colliers International represented Venture One for the properties at 1515 Louis and 1300 Morse, while Brett Kroner of Cushman and Wakefield represented the acquisition for 7500 Natchez.