Fifth Third Bank
For Sale
Contact for pricing
154 S Western Avenue, Carpentersville, IL 60110
Bank facility with drive-thru service and an extended absolute NNN ground lease.
Property Size3,833 SF
Price / SF$626.14
Days on Market188
Property Features for 154 S Western Avenue
General Information
Standard status
Active
Size
3,833 SF
Property subtype
Retail
Occupancy
100%
Lease Type
Absolute Net
Investment Type
Net Lease
Net Operating Income
$150,000
Additional Details
Drive-Thru
Yes
Building Details
Year Built
2006
Buildings
1
Stories
1
Tenancy
Single
Listing Agency:
Investment Real Estate Associates
Listed By:
Chris Thompson · License #CA 01205918
Source:
Crexi
Added: Feb 24
Changed: Aug 30
Last Checked: Aug 30 at 7:08PM
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 Investment Real Estate Associates
Investment Insights
Based on property information with market context.
Built in 2006, the 3,833-square-foot Fifth Third Bank facility at 154 S. Western Avenue includes drive-thru service and is subject to an absolute NNN ground lease. The lease was recently extended and has 10½ years remaining.
The property occupies a primary retail corridor in Carpentersville, near Home Depot, Walgreens, McDonald’s, AutoZone, Panera, Aldi, and other national retailers. Spring Hill Mall is also undergoing a large-scale redevelopment. Fifth Third Bank carries an investment-grade S&P rating of A- and recently merged with Comerica Bank.
The property occupies a primary retail corridor in Carpentersville, near Home Depot, Walgreens, McDonald’s, AutoZone, Panera, Aldi, and other national retailers. Spring Hill Mall is also undergoing a large-scale redevelopment. Fifth Third Bank carries an investment-grade S&P rating of A- and recently merged with Comerica Bank.
Key Highlights
- 3,833‑square‑foot bank facility built in 2006
- Absolute NNN ground lease with 10½ years remaining
- Recently extended lease
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,014
Businesses Nearby
46k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 58%
Shops & Services 42%
Starbucks
Dining
14,772 visits/mo
0.4 miles
Chipotle Mexican Grill
Dining
12,119 visits/mo
0.4 miles
Petco
Shops & Services
8,960 visits/mo
0.2 miles
Speedway
Shops & Services
8,642 visits/mo
0.5 miles
U.S. Bank
Shops & Services
1,680 visits/mo
0.5 miles
Demographics for 60110, IL
38,762
Population
12,297
Households
3.2
Avg Household Size
32
Median Age
24%
College-Educated
75%
High-School Grad
8.4 sq mi
ZIP Area
4,615
Density / Sq Mi
$87,714
Median Household Income
$37,892
Median Earnings
$1,421
Median Rent
$224,300
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?
NNN property - Bank facility with drive-thru service and an extended absolute NNN ground lease.
Where is this nnn property located?
The property is located at 154 S Western Avenue Carpentersville, IL.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: 3,833‑square‑foot bank facility built in 2006; Absolute NNN ground lease with 10½ years remaining; Recently extended lease
