1160 Shermer Rd
Northbrook, IL 60062
Bank of America · Retail Property For Sale

The new branch is a relocation of the adjacent Bank of America office building. The location exhibits exceptionally high deposits of approximately $937,000,000. This is the second highest deposits for any Bank of America in all of Illinois. The 4,200 square foot property is located in an affluent North Chicago suburb. There are over 66,000 people living within three miles of the property with an average household income of $182,734. The bank is located near corporate headquarters including Allstate, Crate & Barrel, Discover, Astellas Pharma, Walgreens, Barilla and Medline. The property is also located near Northbrook Court (1,012,000 SF mall anchored by Macy’s), Whole Foods, Target, Lowe’s, Home Depot and Lifetime Fitness. Additionally, the property is nearby New Trier Township High School (4,000+ students), Glenbrook North High School (2,000+ students) and numerous country clubs. Immediately across from the bank, there are 68 new luxury townhomes being built. These new developments will further draw customers and traffic to downtown Northbrook. Bank of America is a multinational banking and financial services corporation headquartered in Charlotte, North Carolina. It is the second largest bank holding company in the U.S. by assets. Bank of America is publicly traded on the New York Stock Exchange using the symbol “BAC”. In addition, it is an investment grade rated tenant with a Standard & Poor’s rating of “A-”.