Clear Height Properties Acquires Industrial Service Facility (ISF) in Morton Grove, Illinois

Clear Height Properties (“Clear Height”) has acquired a vacant ISF located at 6401 Oakton Street in Morton Grove, Illinois. 

Clear Height will implement a capital improvement plan and then reintroduce the property to the market.

When completed, the property will include a single-tenant light industrial building of 33,225 square feet on over 3-acres of land. The property will include 2 acres of secured outdoor space for storage and/or fleet parking for over 100 delivery vans. 

Angelo Labriola & Paul Cawthon of SVN Chicago Commercial were the sole brokers in the purchase transaction.

Brendan Green and Patrick Turner of Colliers have been retained to market the property for lease. 

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About Clear Height Properties

Piloted by an experienced leadership team, Clear Height Properties has built a strong platform for acquiring and operating industrial real estate in the most desirable locations throughout the Midwest and central United States. From its headquarters in Oak Brook, Illinois, the firm has bought and sold 194 assets totaling over $850M over the past ten years, establishing a record of strong risk-adjusted returns. Driven by its core values and mission of “building wealth and creating legacies,” Clear Height is uniquely positioned to invest in, manage and add value to every asset and relationship. Learn more at www.clearheight.com.