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    9009 Ogden Ave Brookfield, IL 60513

    For Sale
    $8,000,000

    Long-term tenant, national credit tenant, excellent parking, double corner location.

    Property size:
    18,063 SF

    Property Features for 9009 Ogden Ave

    General Information

    Size
    18,063 SF

    Source: Paul P. Partyka, CCIM, MiCP, CIPS Agent Paul P. Partyka, CCIM, MiCP, CIPS

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Brookfield Bank Building For Sale

    The property has a long-term tenant since 1991, who just renewed with a 10-year lease through 2034. The cap rate is 5.7% for the current year, growing to 6.7%. The lease includes a 2% annual rent increase plus two 5-year renewal options starting in 2035. The tenant is a national credit tenant, identified as the 3rd largest bank holding company in the US with over $2 trillion in assets and a Moody's rating of Aa3 - stable. The property features excellent parking and is a landmark building designed by a student of Frank Lloyd Wright. It occupies a double corner location and includes a separate drive-thru parcel. The property is within walking distance of Metra Brookfield and Congress Park stations.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Citibank ATM Atm Citi Bank

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brookfield
    County
    Cook
    State
    Illinois
    Longitude
    -87.848719
    Latitude
    41.8166

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    FAQs

    What type of property is this?
    Bank - Long-term tenant, national credit tenant, excellent parking, double corner location.
    Where is this bank located?
    The property is located at 9009 Ogden Ave Brookfield, IL.
    What is the asking price?
    The asking price for this property is $8,000,000.
    What are key features of this property?
    This property features: - Leased to a national credit tenant, the 3rd largest bank holding company in the US.; - Long-term tenant since 1991 with a newly renewed 10-year lease through 2034.; - Attractive 5.7% cap rate (current year) growing to 6.7%.
    (407) 341-0805
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    Brookfield, IL 60513
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    9009 Ogden Ave Brookfield, IL 60513
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