Bank For Sale • 18,063 SF
| Fully Leased CitiBank Building for Sale with a 5.7% cap rate - current year; grows to 6.7% |
| Long-term tenant since 1991 - just renewed with an unusually long lease term: 10 years - from 2025 through 2034! |
| 2% annual increase on rent and (2) 5 year renewal options - starting in 2035 |
| Strong guarantee - leased to a national credit tenant - 3rd largest bank holding company in US with $2+ trillion in assets; Moody's - Aa3 - stable |
| Double corner location with separate drive-thru parcel (see aerial) and excellent parking; landmark building designed by student of Frank Lloyd Wright |
| Within walking distance of Metra Brookfield and Congress Park stations |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Brookfield Station (Burlington Northern-Santa Fe Railway Line - Northeast Illinois Regional Commuter Railroad (Metra)) | 1 min | 11 min | 0.6 mi |
| Congress Park Station (Burlington Northern-Santa Fe Railway Line - Northeast Illinois Regional Commuter Railroad (Metra)) | 1 min | 13 min | 0.6 mi |
| Airport | Drive | Walk | Distance |
| Chicago Midway International | 10 min | - | 6.3 mi |
| Chicago O'Hare International | 27 min | - | 14.8 mi |