Mark Goode Of Venture One Real Estate Acquires Industrial Building In Tinley Park
18531 Spring Creek Drive
Building Size
26,173 SF
Asset Type
Industrial
Closing
Jul 9, 2025
AI
Venture One Real Estate acquired a vacant industrial building located at 18531 Spring Creek Drive in Tinley Park. The asset spans 26,173 square feet and sits on 1.8 acres.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 18531 Spring Creek Drive
- Market: Tinley Park
- Buyer: Mark Goode - Venture One Real Estate
- Buyer's Representative: Michael O’Leary, Ryan Earley & Dylan Maher - Lee & Associates
- Seller's Representative: Bruce McConnell - Savills
Mark Goode represented Venture One Real Estate in this transaction, while Bruce McConnell acted on behalf of the seller. Following the renovations, Lee & Associates was engaged to market the property.
Players
Tinley Park Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93