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Mark Goode Of Venture One Real Estate Acquires Industrial Building In Niles For $42,224 SF
SOLD
Illinois
See Similar DealsIndustrial42,224 SF
Sold 06/24/2025
SOLD
Mark Goode Of Venture One Real Estate Acquires Industrial Building In Niles For $42,224 SF
7777 North Merrimac Avenue
See Similar DealsIndustrial42,224 SF
Sold 06/24/2025
Summary
ILLINOIS
Asset Type:Industrial
Price Per Square Foot:$0
Total Square Footage:42,224 SF
Transaction Type:Sale
Venture One Real Estate acquired a fully leased industrial building located at 7777 Merrimac Avenue in Niles, IL. The property encompasses 42,224 square feet and is situated on 2.4 acres.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 7777 Merrimac Avenue
- Market: Niles
- Buyer: Mark Goode - Venture One Real Estate
- Broker: Bill Lussow - Bespoke Commercial Real Estate
Bill Lussow of Bespoke Commercial Real Estate represented the brokerage for this transaction. The deal involved the VK Industrial VII fund managed by Venture One Real Estate, highlighting the focused investment strategy within the industrial sector.
Players
BROKERAGE
Details
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30 years
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Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$0.00
Debt Service Coverage Ratio (DSCR)
0.00x
Cap Rate
0.00%
Cash Flow (Annual)$0.00
Cash-on-Cash Return0.00%
Monthly Debt Service$0.00
Annual Debt Service$0.00
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