10 Huntington Ln Wheeling, IL 60090-6900
Property Lookup
Property profile & analytics
10 Huntington Ln Wheeling, IL 60090-6900
- Banks
- 1.50 lot acres
Property ID
US28-5741183
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- BMO Bank N.A Branches / Bank / Loan Service
- BMO Harris Bank Mortgage / Loan Service / Bank
- ATM (BMO Harris Bank) / Atm
Property Details for 10 Huntington Ln
- Year built
- 1990
- Lot size
- 1.50 lot acres
- Property type
- Banks
- APN
- 03-04-400-032
- APU
- 304400032
Description
This exceptional investment opportunity presents a 5,905 square foot, single-tenant, absolute NNN leased bank property located at 10 Huntington Ln, Wheeling, IL 60090. The property sits on a 1.5-acre lot and is currently 100% occupied by BMO Harris Bank, one of the eight largest banks in the U.S., boasting an S&P "A+" credit rating and a corporate guarantee. The lease commenced January 1, 1990, and was recently renewed, extending the term to March 31, 2034, providing a remaining lease term of approximately 9.4 years. The current annual net operating income (NOI) is $233,838, resulting in a 5.85% cap rate. The lease includes rent bumps of 10% every 5 years, ensuring consistent income growth. Built in 1990 and renovated in 2012, this property benefits from a prime location in a thriving community with strong demographics. The bank has maintained a presence at this location since January 1, 1996, and boasts $141 million in deposits. This offering is ideal for a 1031 exchange. The property's strategic location at a signalized intersection within Cook County, Illinois, further enhances its investment appeal. This is a rare opportunity to acquire a high-quality, net-leased bank investment with a long-term lease, strong tenant, and significant upside potential.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $3,720,000
- ML approach
- $3,790,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Wheeling
- County
- Cook
- State
- Illinois
- Longitude
- -87.9558
- Latitude
- 42.1395
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$111,968
$245,025
$105,293
$350,318
-
$980,100
$421,172
$1,401,272
