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9009 Ogden Ave Brookfield, IL 60513

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18,063 SF building leased to Citibank through 2034.

Type:Retail
Property size:
18,063 SF
Added:
Jun 3, 2024
Days on Market:
673
Last Refresh:
Mar 17 at 1:25 pm

Property Features for 9009 Ogden Ave

General Information

Standard status
Active
Size
18,063 SF
Property subtype
Retail

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Listing Contact
Paul P Partyka

Listing agent Paul P Partyka License #FL 675481

Listing office NAI Realvest - Orlando

Listing date Jun 3, 2024

Source Crexi

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 NAI Realvest - Orlando


Overview

Fully Leased Citibank Building

This 18,063 square foot commercial property is fully leased to Citibank, a long-term tenant since 1991. The lease was recently renewed for an extended term of 10 years, running through 2034. The property operates at a 5.7% cap rate for the current year, with an increase to 6.7% anticipated. The lease includes a 2% annual increase in rent and two 5-year renewal options starting in 2035. The property is located in Brookfield, Illinois.
Location Intelligence

Current Use by Public Records

Citibank ATM Atm Citi Bank

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Brookfield
County
Cook
State
Illinois
Longitude
-87.848719
Latitude
41.8166

FAQs

What type of property is this?
Bank - 18,063 SF building leased to Citibank through 2034.
Where is this bank located?
The property is located at 9009 Ogden Ave Brookfield, IL.
What is the asking price?
The asking price for this property is $8,000,000.
What are key features of this property?
This property features: Long‑term tenant (Citibank) since 1991 with a newly renewed 10‑year lease through 2034.; Attractive cap rate: 5.7% current year, growing to 6.7%.; 2% annual rent increase.
More about this property
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