303 Section Line Road, Manteno, IL 60950

SRS Real Estate Partners-Midwest, LLC offers the fee simple interest (land and building ownership) in an absolute NNN leased bank investment property occupied by Midland States Bank. The lease is structured as absolute NNN, with zero landlord responsibilities noted in the offering. The tenant has 6+ years remaining on the current term, along with two additional 10-year extension options, reflecting long-term commitment to the location. The rental arrangement includes 2% annual increases throughout the initial term and continues throughout the option periods, subject to the lease terms.

The property is located at 303 Section Line Road in Manteno, Illinois. Midland States Bank also has 1,672 SF of office space that is currently available for sublease, providing an additional leasing option within the bank facility.

For buyers seeking a single-tenant, management-minimal structure, an absolute NNN lease can align with a passive investment objective, since the offering states the landlord has no responsibilities. The remaining lease term and the two 10-year renewal options may be important considerations for investors evaluating long-dated tenant occupancy. Additionally, the availability of a dedicated 1,672 SF office space for sublease may be relevant to buyers or brokers working with prospective tenants who are looking for office space within the existing bank environment.