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Property profile & analytics
FOR SALE
Banks

9009 Ogden Ave Brookfield, IL 60513

0.53 ac lot Built 1960
Entity Owned 8-yr Hold Free & Clear
Property ID
US28-1311071
Property summary
AI-generated overview

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 profile
Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1960
Lot 0.53 ac (23,114 SF)
APN 18-03-218-064
UPID US28-1311071
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
  • Citibank ATM Atm
  • Citi Bank Loan Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
USA 786 LLC · 8 yrs held
USA 786 LLC
since 2017
3 recorded transactions
2018
Price N/A
2017
$3.6M
2015
$5.4M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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