Clear Height Properties Acquires 21,400 Square Foot Flex Building in O’Hare Market

Clear Height, along with its investment partners, closed on the acquisition of 350-360 Lively Blvd., a 21,400 square foot, multi-tenant flex property located in Elk Grove Village, Illinois.

The property is 100% leased and is subdivided into six units. There are a total of 10 drive-in-doors and two shared interior docks.

Clear Height plans to make several base building and cosmetic improvements to the property including new signage, resurfacing the parking lot, replacing the roof and new HVAC systems.

The seller was represented in the transaction by Jim Conrad of McLennan Commercial Properties

“It’s a rarity to find smaller units in O’Hare that have both drive-in-doors and loading docks,” commented Dominic Sergi, President/CEO of Clear Height Properties. “We are witnessing a lot of activity in the market for 3,000 – 4,000 square foot units.”