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9009 Ogden Ave Brookfield, IL 60513

Sponsored
For Sale
$8,000,000

Prime Bank Building, 18,063 SF, 10-Year Lease

Property size:
18,063 SF

Description

Added:
Dec 11, 2024
Days on Market:
392
This exceptional investment opportunity presents a fully leased, 18,063-square-foot bank building located at 9009 Ogden Avenue in Brookfield, Illinois. The property boasts a strong, long-term lease with a national credit tenant, extending through 2034, with two five-year renewal options commencing in 2035. The current lease features a 5.7% cap rate, projected to increase to 6.7% due to a 2% annual rent escalation clause. This single-tenant building offers 100% occupancy and is situated on a double corner lot, providing excellent visibility and accessibility. A separate drive-thru parcel is also included. The property features ample parking and is conveniently located within walking distance of both the Metra Brookfield and Congress Park stations. The building, designed by a student of Frank Lloyd Wright, is a landmark in the community. The Cook County property (APN 18-03-218-064-0000) is zoned for commercial use. The asking price is $8,000,000, translating to a price per square foot of $442.89. This represents a secure investment with a tenant boasting a Moody's rating of Aa3 (stable) and over $2 trillion in assets. An offering memorandum is available upon request.

Property Features for 9009 Ogden Ave

General Information

Property type
Individual retail properties
Square Feet
18,063 SF

HighLights

  • Fully leased 18,063 SF bank building with a national credit tenant (Moody's Aa3, stable) boasting over $2 trillion in assets; lease extends to 2034 with two 5‑year options.
  • Excellent parking; landmark building designed by a Frank Lloyd Wright student.
  • Double corner lot with separate drive‑thru parcel.
  • Conveniently located within walking distance of Metra Brookfield and Congress Park stations.
Property Profile Location Intelligence

Current Use by Public Records

Citibank ATM Atm Citi Bank

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

Location Insight

  • Map
  • Local Demand
City
Brookfield
County
Cook
State
Illinois
Longitude
-87.847367
Latitude
41.8164314

FAQs

What type of property is this?
Individual retail property - Prime Bank Building, 18,063 SF, 10-Year Lease
Where is this individual retail property 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: Fully leased 18,063 SF bank building with a national credit tenant (Moody's Aa3, stable) boasting over $2 trillion in assets; lease extends to 2034 with two 5-year options.; Excellent parking; landmark building designed by a Frank Lloyd Wright student.; Double corner lot with separate drive-thru parcel.
More about this property
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