Single-Tenant Bank Ground
For Sale
Contact for pricing
Pending
2101 Orchard Road, Montgomery, IL 60538
Bank property at a signalized intersection opposite a Walmart Supercenter.
Property SizeContact for details
Lot Size1.63 Acres
Days on Market43
Property Features for 2101 Orchard Road
General Information
Standard status
Pending
Lot size
1.63 Acres
Property subtype
Retail
Additional Details
Corner Location
Yes
Building Details
Tenancy
Single
Listing Agency:
The Boulder Group
(847) 562-0003
Listed By:
Randy Blankstein · License #IL 471005983
Source:
Crexi
Added: Jul 21
Changed: Aug 30
Last Checked: Aug 31 at 2:23PM
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 1.63-acre Chase Bank property is subject to a long-term ground lease with more than 23 years remaining and an expiration date of December 10, 2038. Contractual rent increases are set at 10% every five years during the primary term and renewal options. The lease places no landlord responsibilities on the property owner, and Chase Bank carries an investment-grade Standard & Poor’s rating of A.
The property occupies the signalized intersection of Orchard Road and Caterpillar Drive in Montgomery, within the Chicago MSA. Orchard Road serves as a primary north-south route through the trade area and records traffic counts in excess of 25,000 vehicles per day. A Walmart Supercenter is located across the street, with Walgreens, Aldi, Fifth Third Bank, BMO Harris Bank, Starbucks, and Firestone also nearby. The surrounding area includes a Caterpillar manufacturing plant employing over 2,500 people and more than 53,000 residents within three miles.
The property occupies the signalized intersection of Orchard Road and Caterpillar Drive in Montgomery, within the Chicago MSA. Orchard Road serves as a primary north-south route through the trade area and records traffic counts in excess of 25,000 vehicles per day. A Walmart Supercenter is located across the street, with Walgreens, Aldi, Fifth Third Bank, BMO Harris Bank, Starbucks, and Firestone also nearby. The surrounding area includes a Caterpillar manufacturing plant employing over 2,500 people and more than 53,000 residents within three miles.
Key Highlights
- Chase Bank ground lease with over 23 years remaining; lease expires December 10, 2038
- 1.63‑acre property at the signalized intersection of Orchard Road and Caterpillar Drive
- 10% rental escalations every five years during the primary term and renewal options
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
189
Businesses Nearby
95k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 41%
Dining 38%
Groceries 16%
Electronics 4%
Starbucks
Dining
18,774 visits/mo
0.2 miles
Aldi
Groceries
14,791 visits/mo
0.1 miles
Murphy USA
Shops & Services
14,165 visits/mo
0.5 miles
Burger King
Dining
10,166 visits/mo
0.4 miles
Chase Bank
Shops & Services
9,488 visits/mo
0.1 miles
Demographics for 60538, IL
28,898
Population
10,729
Households
2.7
Avg Household Size
34
Median Age
25%
College-Educated
90%
High-School Grad
9.7 sq mi
ZIP Area
2,979
Density / Sq Mi
$92,064
Median Household Income
$47,559
Median Earnings
$1,845
Median Rent
$253,900
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 - Bank property at a signalized intersection opposite a Walmart Supercenter.
Where is this bank located?
The property is located at 2101 Orchard Road Montgomery, IL.
What are key features of this property?
This property features: Chase Bank ground lease with over 23 years remaining; lease expires December 10, 2038; 1.63‑acre property at the signalized intersection of Orchard Road and Caterpillar Drive; 10% rental escalations every five years during the primary term and renewal options
