13211 La Grange Rd Orland Park, IL 60462
NNN ground lease with escalations in high-traffic Orland Park.
Property size:
4,330 SFLot size:
1.35 AcresProperty Features for 13211 La Grange Rd
General Information
- Size
- 4,330 SF
- Lot size
- 1.35 Acres
Source:
Moodyscre
Listing Agent: Randy Blankstein
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Chase Bank Ground Lease Opportunity
This property, located within the Chicago MSA, is occupied by JP Morgan Chase Bank, an investment-grade rated company (S&P: A+). Chase Bank has operated at this location since 2007, demonstrating commitment to the site with a 30-year lease. The property operates under a triple net ground lease, presenting zero landlord responsibilities. The lease includes 10% rental escalations every five years. Deposits at this location were $211,707,000 in 2024. The property is situated along South La Grange Road, which sees 37,600 vehicles per day, and is in proximity to 131st Street, with a traffic count of 13,800 vehicles per day. Within a five-mile radius of the property, there is a population of 143,945 people with an average annual household income of $111,251. Retailers in the surrounding area include ALDI, DaVita Dialysis, Jewel-Osco, Walgreens, Dunkin’, First Midwest Bank, Circle K, Buona Beef, and Francesca’s. The property is adjacent to Carl Sandburg High School, which hosts over 2,800 students daily. The property size is 4,330 square feet.
Location Intelligence
Current Use by Public Records
Chase Mortgage
Mortgage Lender
Chase Bank
Bank
Chase ATM
Atm
Sonia Monarrez - Chase ...
Mortgage Lender
Location Insight
- Map
- Local Demand
- City
- Orland Park
- County
- Cook
- State
- Illinois
- Longitude
- -87.8534341
- Latitude
- 41.6501815
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FAQs
What type of property is this?
Bank - NNN ground lease with escalations in high-traffic Orland Park.
Where is this bank located?
The property is located at 13211 La Grange Rd Orland Park, IL.
What is the asking price?
The asking price for this property is $4,880,333.
What are key features of this property?
This property features: - Investment grade tenant: JP Morgan Chase Bank (S&P: A+); - Triple net ground lease offers zero landlord responsibilities; - Long-term lease with Chase Bank in place since 2007