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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

13211 La Grange Rd Orland Park, IL 60462

4,330 SF 1.48 ac lot Built 2007
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a 4,330 square foot Chase Bank located in Orland Park, Illinois, within the Chicago MSA. The property boasts a strong 4.00% cap rate and a substantial $199,650 net operating income (NOI). Built in 2007, this single-tenant, absolute NNN ground lease features a credit-rated tenant with a remaining lease term of 12.5 years, extending to May 29, 2037. The lease includes 10% rent bumps every five years, and five 5-year renewal options are available. Situated on a 1.48-acre lot, the bank benefits from high visibility on South La Grange Road (37,600 vehicles per day) and proximity to 131st Street (13,800 vehicles per day). The location is further enhanced by its adjacency to Carl Sandburg High School (2,800+ students) and a strong retail environment including ALDI, Jewel-Osco, Walgreens, and other national brands. A robust demographic profile supports the investment, with 143,945 residents within a five-mile radius boasting an average annual household income of $111,251. The property's 2021 deposits totaled $231,201,000, demonstrating the location's financial strength. This is a rare opportunity to acquire a high-performing, low-maintenance investment with a long-term, creditworthy tenant in a prime location. The asking price is $4,991,250, representing a price per square foot of $1,152.71.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2007
Total area 4,330 SF
Lot 1.48 ac (64,469 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Chase Mortgage Loan Service Bank
  • Chase Bank Bank Loan Service
  • Chase ATM Financial Consultant Financial Planner
  • Sonia Monarrez - Chase Home Lending Advisor - NMLS ID 512131 Loan Service Bank
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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