Single-Tenant Bank
For Sale
Contact for pricing
Pending
1355 W Dundee Rd, Buffalo Grove, IL 60089
Established drive-through banking facility in Buffalo Grove’s retail and auto dealership corridor.
Property Size6,134 SF
Days on Market139
Property Features for 1355 W Dundee Rd
General Information
Standard status
Pending
Size
6,134 SF
Property subtype
Retail
Site & Location
Drive-Thru
Yes
Traffic Count
37,000 vehicles/day
Highway Access
Yes
Building Details
Buildings
1
Tenancy
Single
Listing Agency:
The Boulder Group
(847) 562-0003
Listed By:
Randy Blankstein · License #IL 471005983
Source:
Crexi
Added: Apr 15
Changed: Aug 30
Last Checked: Aug 30 at 8:42PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Boulder Group
Investment Insights
Based on property information with market context.
This 6,134-square-foot bank property at 1355 W Dundee Rd in Buffalo Grove has operated as a Bank of America location for more than 38 years. The asset is subject to a triple-net lease with roughly 2 years remaining, followed by two 5-year renewal options that include rental escalations. A drive-through component supports the existing banking use.
The property occupies a position along Dundee Road, a primary east-west thoroughfare carrying 37,000 vehicles per day, and sits one-half mile east of U.S. Route 53’s full-access interchange, which carries 186,700 vehicles per day. The surrounding corridor includes national retailers, automobile dealerships, Buffalo Grove High School, HSBC North American Holdings, and VTech Electronics North America Headquarters. The location is also within the Chicago MSA.
The property occupies a position along Dundee Road, a primary east-west thoroughfare carrying 37,000 vehicles per day, and sits one-half mile east of U.S. Route 53’s full-access interchange, which carries 186,700 vehicles per day. The surrounding corridor includes national retailers, automobile dealerships, Buffalo Grove High School, HSBC North American Holdings, and VTech Electronics North America Headquarters. The location is also within the Chicago MSA.
Key Highlights
- 6,134‑square‑foot Bank of America property in Buffalo Grove, Illinois
- Single‑tenant triple‑net lease with roughly 2 years remaining
- Two 5‑year renewal options with $10,000 rental escalations
Property Analytics
Property Profile
Current Use
Lease Details
37,000 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,219
Businesses Nearby
Explore this area
Business Placement
Demographics for 60089, IL
43,227
Population
16,551
Households
2.6
Avg Household Size
43
Median Age
67%
College-Educated
97%
High-School Grad
9.8 sq mi
ZIP Area
4,411
Density / Sq Mi
$129,932
Median Household Income
$70,514
Median Earnings
$2,042
Median Rent
$393,000
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Bank - Established drive-through banking facility in Buffalo Grove’s retail and auto dealership corridor.
Where is this bank located?
The property is located at 1355 W Dundee Rd Buffalo Grove, IL.
What are key features of this property?
This property features: 6,134‑square‑foot Bank of America property in Buffalo Grove, Illinois; Single‑tenant triple‑net lease with roughly 2 years remaining; Two 5‑year renewal options with $10,000 rental escalations
