Map of Property

Fully Leased Citibank Building

For Sale

9009 Ogden Avenue, Brookfield, IL 60513

This Brookfield property for sale is located at 9009 Ogden Avenue. The current listed sale price for Fully Leased Citibank Building is $8,000,000. Fully Leased Citibank Building is situated on a lot that is 1.15 acre in size.

Contacts

broker

Paul P. Partyka, CCIM, MiCP, CIPS

NAI Realvest

Property Details

  • 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 Aug 21, 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)

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

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

Getting around

  • 78/100

    Walk Score ®

  • 37/100

    Transit Score ®

  • 61/100

    Bike Score ®

Powered by Walk Score ®

Location

  • 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

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Paul P. Partyka, CCIM, MiCP, CIPS

NAI Realvest