Map of Property

Fully Leased Citibank Building

9009 Ogden Avenue, Brookfield, IL 60513

  • For Sale $8,000,000
  • Property Type Retail - Street Retail
  • Property Size 18,063 SF
  • Lot Size 1.15 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Single Tenant
  • Date Updated Dec 11, 2024
Long-term tenant - Since 1991 - with a 10-year lease starting 2025 5.25% cap rate - current year; current term ends 03/31/2025 2% annual increase on rent 4-5 year renewals left Strong Guarantee - leased to a national credit tenant Moody's - Baa1 - stable; 3rd largest bank holding company in U.S. - 2 Trillion in total assets On-site parking Double corner location (see map)Long-term tenant - Since 1991 - with a 10-year lease starting 2025 5.25% cap rate - current year; current term ends 03/31/2025 2% annual increase on rent 4-5 year renewals left Strong Guarantee - leased to a national credit tenant Moody's - Baa1 - stable; 3rd largest bank holding company in U.S. - 2 Trillion in total assets On-site parking Double corner location (see map)
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Attachments

Highlights

  • Long-term tenant since 1991 - just renewed with an unusually long lease term: 10 years - through 2034!
  • 5.7% cap rate - current year; grows to 6.7%
  • 2% annual increase on rent plus (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
  • Excellent parking; landmark building designed by student of Frank Lloyd Wright
  • Double corner location with separate drive-thru parcel (see aerial)
  • Within walking distance of Metra Brookfield and Congress Park stations
  • Offering Memorandum available - contact broker

Contacts

broker
Paul P. Partyka, CCIM, MiCP, CIPS

NAI Realvest

Location

Getting Around

  • Walk Score ®

    78/100 Very Walkable

  • Transit Score ®

    37/100 Some Transit

  • Bike Score ®

    61/100 Bikeable
Powered by Walk Score ®
  • City Brookfield, IL
  • Zip Code 60513
  • Market Chicago

Points of Interest

  • Brookfield

    0.47 miles

  • Congress Park

    0.54 miles

  • Hollywood

    0.91 miles

  • LaGrange Road

    1.22 miles

  • Riverside

    1.54 miles

  • Stone Avenue

    1.58 miles

  • Summit

    2.45 miles

  • Harlem Avenue

    2.61 miles

  • Western Springs

    2.82 miles

  • Berwyn

    3.01 miles

  • Mobil

    0.19 miles

  • BP

    0.21 miles

  • Exxon

    0.67 miles

  • Citgo

    0.87 miles

  • ChargePoint

    1.16 miles

  • Shell

    1.29 miles

  • Clark

    1.30 miles

  • Compass

    1.48 miles

  • Soofa Solar Phone Charger

    6.76 miles

  • EVgo

    7.85 miles

  • Parking Deck

    1.12 miles

  • South Lot

    1.21 miles

  • Madison Ave Lot

    1.23 miles

  • Harris Ave Lot

    1.24 miles

  • Calendar Ave Lot

    1.27 miles

  • Overflow Lot

    1.30 miles

  • Discovery Center Lot

    1.51 miles

  • North Lot

    1.57 miles

  • Parking Deck C

    2.74 miles

  • Patient/Visitor Parking

    2.77 miles

  • Danny's Pizza

    0.17 miles

  • Tony's Restaurant

    0.18 miles

  • Taco Azteca

    0.23 miles

  • Dunkin'

    0.24 miles

  • Tom and Lou's Drive-In

    0.31 miles

  • Skadarliya

    0.31 miles

  • Fine Thai

    0.35 miles

  • Dunav

    0.35 miles

  • Taco Stop

    0.36 miles

  • Slice Factory

    0.38 miles

  • Tischler's Fine Foods

    0.90 miles

  • Trader Joe's

    1.14 miles

  • Olivaceto

    1.16 miles

  • Jewel-Osco

    1.19 miles

  • ALDI

    1.20 miles

  • The Dinner Club

    1.22 miles

  • Fruitful Yield

    1.26 miles

  • Riverside Foods

    1.76 miles

  • Marshalls

    2.24 miles

  • Ross

    2.43 miles

Frequently Asked Questions

How much does Fully Leased Citibank Building cost?

The space currently listed for sale at Fully Leased Citibank Building asks for $8,000,000.

What is the total square footage of Fully Leased Citibank Building?

Fully Leased Citibank Building totals 18,063 square feet.

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Contact Listing Broker
broker
Paul P. Partyka, CCIM, MiCP, CIPS

NAI Realvest