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Bannockburn, IL Banks for Sale

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Freestanding Drive-Through Bank Ground Lease
Updated: Apr 11
Freestanding Drive-Through Bank Ground Lease

2595 Waukegan Rd, Bannockburn, IL 60015

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Absolute NNN leased fee (land ownership) investment with corporate guaranteed PNC Bank tenant
PNC Bank has more than 6 years remaining on the initial lease term plus two 10‑year options to extend
Freestanding PNC Bank building with a 3‑lane drive‑thru
Ground lease is absolute NNN with zero landlord responsibilities
Lease includes a 10% rental increase in 2021 and provides NOI growth based on Fair Market Value at option start dates
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See what stands out in Lake County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 1 Active listings in Bannockburn, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Single-Tenant Bank Property
Single-Tenant Bank Property

20265 N Rand Rd, Kildeer, IL 60074

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2,327 sqft

Fully leased bank property positioned as an outlot to a Whole Foods-anchored shopping center.

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Net Leased Bank Property
Net Leased Bank Property

20263 N Rand Rd, Kildeer, IL 60074

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2,327 sqft

Single-tenant Bank of America net leased property on a signalized corner along Rand Road in a retail corridor.

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Bank of America Ground Lease
Bank of America Ground Lease

5983 North Lincoln Avenue, Chicago, IL 60659

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Single-tenant land lease at a signalized intersection along Lincoln Avenue and Peterson Avenue, surrounded by national and local retailers.

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Freestanding Bank Building with Drive-Thru
Freestanding Bank Building with Drive-Thru

2209 W Howard Street, Chicago, IL 60645

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Freestanding former bank with in-place drive-thru and monument signage on a signalized hard corner with approximately 16,500 VPD exposure.

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Off-Market Properties in Bannockburn, IL

Consider similar Off-Market properties in Bannockburn, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

2595 Waukegan Rd
FINANCIAL BUILDING

2595 Waukegan Rd, Bannockburn, IL 60015-1569

$4,915,000
Estimated value
5,982 sqft 0.61 AC lot
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Bannockburn, IL Banks Market Trends and Statistics

Explore 2 banks for sale in Bannockburn, IL on our real estate platform.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Shopping centers 5
Banks 2
Drug stores 1

Demographics Overview

Population 28K
Population Growth (5Y) +1.0%
Median Household Income $186,786

Listings Trend

New vs delisted commercial listings in Lake County

New Delisted

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