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Elgin, IL Banks for Sale

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Wauconda, IL Algonquin, IL Bartlett, IL South Elgin, IL Streamwood, IL Carpentersville, IL Saint Charles, IL Barrington Hills, IL
Single-Tenant Bank Property
Updated: Apr 11
Single-Tenant Bank Property

20265 N Rand Rd, Kildeer, IL 60074

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2,327 sqft
2,327‑square‑foot single‑tenant bank property
Fully leased ground lease asset
Outlot within Shops at Kildeer Marketplace
Whole Foods‑anchored shopping center setting
Rand Road traffic counts exceed 50,600 vehicles per day
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Net Leased Bank Property
Updated: Apr 10
Net Leased Bank Property

20263 N Rand Rd, Kildeer, IL 60074

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2,327 sqft
2,327 SF single‑tenant Bank of America property on a net ground lease in the Chicago MSA (Kildeer, IL).
Over 12 years remaining on the triple net ground lease with four 5‑year renewal options.
10% rental escalations every five years.
Located at the corner of a signalized intersection on Rand Road with 49,409 VPD.
Bank of America is investment grade rated (S&P A-).
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Anchored Professional Office Building
Anchored Professional Office Building

1130 N McLean Blvd, Elgin, IL 60123

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Professional office building anchored by Chase Bank, offering abundant parking for tenants and visitors.

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See what stands out in Kane 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.

Cap Rate available after sign in
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Local Demand available after sign in
Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 3 Active listings in Elgin, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 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.

New U.S. Bank Ground Lease
New U.S. Bank Ground Lease

1297 E Higgins Rd, Schaumburg, IL 60173

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3,870 sqft

New construction U.S. Bank ground lease in Schaumburg, Illinois.

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Two-Story Bank Building
Two-Story Bank Building

486 W Liberty St, Wauconda, IL 60084

Contact for pricing
1.80 AC lot

Available for sale, lease, or build-to-suit development with existing commercial improvements.

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Multi-State Bank Portfolio
Multi-State Bank Portfolio

488 W Liberty St, Wauconda, IL 60084

Contact for pricing

Four properties across Illinois, New Jersey, and Texas offer an average remaining lease term of 6.88 years.

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Schaumburg Former Bank Branch Facility
Schaumburg Former Bank Branch Facility

275 S Roselle Rd, Schaumburg, IL 60193

Contact for pricing
8,184 sqft

Vacant 8,184 SF bank branch on Roselle Road.

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Off-Market Properties in Elgin, IL

Consider similar Off-Market properties in Elgin, 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.

850 Smt St
FINANCIAL BUILDING

850 Smt St, Elgin, IL 60120-4316

$355,000
Estimated value
0.39 AC lot
View details
525 Waverly Dr
FINANCIAL BUILDING

525 Waverly Dr, Elgin, IL 60120-4083

$345,000
Estimated value
1.01 AC lot
View details
500 Shady Oaks Dr
FINANCIAL BUILDING

500 Shady Oaks Dr, Elgin, IL 60120-5123

$370,000
Estimated value
1.15 AC lot
View details

Elgin, IL Banks Market Trends and Statistics

Explore 6 banks for sale in Elgin, IL, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 4,654 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Automotive properties 12
Auto shops 9
Shopping centers 8
Storefront properties 8
Banks 1

Demographics Overview

Population 124K
Population Growth (5Y) +2.9%
Median Household Income $93,679
College Educated 31.3%

Taxes & Financing

Tax Rate (average for all types) 9.70%
Property Tax per SF $55.97 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Lake County

New Delisted

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