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Leo Addimando Of Alterra IOS Acquires 2.8 Acre Industrial Site In Elmhurst With 35000 SF

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SOLD

Illinois

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Industrial35,000 SF
Sold 09/22/2025
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Leo Addimando Of Alterra IOS Acquires 2.8 Acre Industrial Site In Elmhurst With 35000 SF

216 West Diversey Avenue

See Similar Deals
Industrial35,000 SF
Sold 09/22/2025
the dealplayerscompscontact
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Summary

ILLINOIS
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:35,000 SF
Transaction Type:Sale

The asset involved in this transaction is an industrial outdoor storage site located at 216 West Diversey Avenue in Elmhurst, covering an area of 2.8 acres. The property boasts a total square footage of 35,000, consisting of warehouse and office space. It is fully leased and marks a significant addition to the portfolio of Alterra IOS in the Chicago market.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not disclosed
  • Square Footage: 35,000
  • Address: 216 West Diversey Avenue
  • Market: Elmhurst
  • Acres: 2.8
  • Buyer: Leo Addimando
  • Buyer Company: Alterra IOS

This transaction represents the twelfth location acquired by Alterra IOS in the Chicagoland area. With this acquisition, Alterra’s portfolio in the Chicago area now consists of four sites totaling 16.8 acres for the year 2024.

Players

LA
Leo Addimando
12 deals$675.2M volume
BUYER

Details

SOLD
IMAGE: Leo Addimando DATE: 09/22/2025 ADDRESS: 216 West Diversey Avenue MARKET: Elmhurst ASSET TYPE: Industrial ~ SF: 35,000 ~ ACRES: 2.8 BUYER: Leo Addimando (@LaddimAndo)- Alterra IOS NOTE: Alterra IOS has acquired a 2.8-acre industrial outdoor storage site at 216 W Diversey Avenue in Elmhurst, its twelfth location in Chicagoland. The fully leased property, featuring 35,000 square feet of warehouse and office space, expands Alterra’s 2024 Chicago-area acquisitions to four sites totaling 16.8 acres.

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