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170 N Mclean Blvd
Elgin, IL 60123 North Country Knolls

$1,406,200 USD

Bank For Sale  •  4,628 SF

Property Details

  • Property Type Bank
  • Total Building Size 4,628 SF
  • Lot Size 1.61 AC
  • Building Class C
  • Year Built 2003
  • Tenancy Single
34 Transit Score
60 Walk Score

Highlights

3,990 SF Freestanding BMO Harris Bank Branch Situated on 1.61 Acres of Land in Elgin, IL - Chicago Suburb (Kane County)
Corporate Guaranteed Triple Net (NNN) Lease – Tenant Responsible for Taxes, Insurance, CAM, Roof & Structure
Tenant Renewed the Lease Over a Year Early in August 2025 - Exhibits a Strong Commitment to the Location
±6 Years Remaining on the Current Term with Seven (7) Five-Year Renewal Options – Long-Term Tenant Commitment
Stable Annual Income Stream – BMO Bank N.A is One of the Largest Financial Institutions in North America and Rated A+ by Standard & Poor's
Robust Deposit Base – Over $74 Million in Deposits, Demonstrating Strong Market Presence and Branch Performance

Public Transportation

Commuter RailDriveWalkDistance
Elgin Station (Milwaukee District West Line - Northeast Illinois Regional Commuter Railroad (Metra)) 3 min - 1.7 mi
Big Timber Road Station (Milwaukee District West Line - Northeast Illinois Regional Commuter Railroad (Metra)) 5 min - 2.3 mi
AirportDriveWalkDistance
Chicago O'Hare International 36 min - 28.8 mi
Deno Bistolarides 248-702-0288 Encore Real Estate Investment Services
Deno Bistolarides 248-702-0288 Encore Real Estate Investment Services