$1,406,200 USD
248-702-0288
170 N Mclean Blvd
Elgin, IL 60123
North Country Knolls
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
FOR SALE DETAILS
PRICE
$1,406,200 USD
PRICE/SF
$304 USD /SF
CAP RATE
6.5%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
BMO Bank N.A. | Chicago MSA (Kane County)
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Bank
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2003
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.61 AC
LAND SF
70,132 SF
ZONING
-
APN/PARCEL ID
06-15-176-049
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248-702-0288
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248-702-0288
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