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NNN Credit Tenant + Attractive Escalations 1614 W 95th St 3,500 SF 100% Leased Retail Building Online Auction Sale Chicago, IL 60643
Investment Highlights
- Subject presents a 3,500 SF freestanding bank w/ drive-thru STNL to BMO through Nov 2027 with (4) 5-year options and 10% step-up bumps throughout.
- Strong Jewel-Osco anchored location with excellent visibility and access in a growing retail corridor with a new Starbucks driving traffic.
- Surrounding retailers in the corridor include Walgreens, Baskin-Robbins, GNC, Dunkin’, Subway, Dollar General, McDonald’s, and T-Mobile.
- Outstanding investment-grade credit tenant approaching a 12-month notice period to exercise and having recently generated $50M+ in revenue.
- Benefits from dense, urban infill demographics, evidenced by a growing population of 217,881 residents, where the AHHI exceeds $88,400 (3 miles).
- Positioned at the signalized intersection of Ashland Avenue and 95th Street (45,000+ VPD) with direct visibility and multiple access points.
Executive Summary
Northmarq is pleased to offer for sale to qualified investors the opportunity to purchase a fee simple interest in the BMO located in Chicago, Illinois.
The property consists of a 3,500-square-foot freestanding retail building on a 0.58-acre parcel, anchored by Jewel-Osco. 1614 W 95th Street was built in 2008 and offers drive-thru banking. BMO is operating under an absolute NNN lease with over 3 years of term remaining, featuring 10% rental increases every 5 years, providing investors with a hedge against inflation.
BMO Financial Group (NYSE: BMO) is an investment-grade diversified financial services provider that offers personal and commercial banking, wealth management, investment banking, and capital markets. In 2023, BMO reported total revenues of $50.50 billion (+45.32% from 2022) and total net income of just under $3 billion. Additionally, BMO boasts a market cap of $60+ billion.
Strategically positioned at the signalized intersection of Ashland Avenue and 95th Street (visible to a combined daily traffic volume of 45,000), the property benefits from excellent visibility and multiple access points. The property is also situated in a strong, growing retail corridor, home to other national retailers, including Walgreens, Jewel-Osco, Starbucks, Baskin-Robbins, GNC, Taco Bell, McDonald’s, Burger King, Dollar General, T-Mobile, Dunkin’ Donuts, and Subway, among others.
1614 W 95th Street is situated in Chicago, Illinois, the third-most populous city in the United States, with over 2.6 million residents and nearly 9.5 million people in the whole metropolitan area. Chicago has a gross metropolitan product of $765 billion, ranking third in the United States and 21st globally. In 2014, it was ranked seventh in the world in the Global Cities Index, a bi-annual ranking of global cities based on a city’s ability to help set global agendas. Seven mainline and four auxiliary interstate highways run through the area, while six of the seven Class I railroads meet in Chicago, making it the third-largest intermodal port in the world.
Property tours are by appointment only. Please contact the listing broker to schedule.
The property consists of a 3,500-square-foot freestanding retail building on a 0.58-acre parcel, anchored by Jewel-Osco. 1614 W 95th Street was built in 2008 and offers drive-thru banking. BMO is operating under an absolute NNN lease with over 3 years of term remaining, featuring 10% rental increases every 5 years, providing investors with a hedge against inflation.
BMO Financial Group (NYSE: BMO) is an investment-grade diversified financial services provider that offers personal and commercial banking, wealth management, investment banking, and capital markets. In 2023, BMO reported total revenues of $50.50 billion (+45.32% from 2022) and total net income of just under $3 billion. Additionally, BMO boasts a market cap of $60+ billion.
Strategically positioned at the signalized intersection of Ashland Avenue and 95th Street (visible to a combined daily traffic volume of 45,000), the property benefits from excellent visibility and multiple access points. The property is also situated in a strong, growing retail corridor, home to other national retailers, including Walgreens, Jewel-Osco, Starbucks, Baskin-Robbins, GNC, Taco Bell, McDonald’s, Burger King, Dollar General, T-Mobile, Dunkin’ Donuts, and Subway, among others.
1614 W 95th Street is situated in Chicago, Illinois, the third-most populous city in the United States, with over 2.6 million residents and nearly 9.5 million people in the whole metropolitan area. Chicago has a gross metropolitan product of $765 billion, ranking third in the United States and 21st globally. In 2014, it was ranked seventh in the world in the Global Cities Index, a bi-annual ranking of global cities based on a city’s ability to help set global agendas. Seven mainline and four auxiliary interstate highways run through the area, while six of the seven Class I railroads meet in Chicago, making it the third-largest intermodal port in the world.
Property tours are by appointment only. Please contact the listing broker to schedule.
Offering Memorandum Click Here to Access
Data Room Click Here to Access
- Offering Memorandum
- Operating and Financials
- Purchase Agreement
- Miscellaneous
Market Analytics Click Here to Access
Property Facts
Sale Type
Investment
Sale Condition
Auction Sale
Type of Ownership
Fee Simple
Property Type
Retail
Property Subtype
Building Size
3,500 SF
Building Class
B
Year Built
2008
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
0.58 AC
Parcel Number
25-06-426-014-0000
Zoning
PD 430 - Planned Development
Parking
18 Spaces (1 Spaces per 1,000 SF Leased)
Frontage
144’ on W 95th St
Amenities
- Signage
- Signalized Intersection
- Drive Thru
Moderately walkable
60/100
Exceptionally drivable
100/100
Exceptional public transit
90/100
Fairly bikeable
50/100
About South Chicago
Buttressed between various passenger and freight transmodal nodes, South Chicago is well situated for residents to get to their places of employment throughout the metropolitan area. Opportunities for recreation abound here, too, with the South Shore Cultural Center, Harborside International Golf Center, and the Museum of Science and Industry all within its confines. For a true getaway, residents are near Chicago’s Midway Airport to the northeast.
In addition to area employment that supports Midway Airport, South Chicago is home to businesses that capitalize on the numerous distribution points, access to fresh water for manufacturing and data hosting processes, and a congregation of warehouse and distribution centers. Local employers include automobile manufacturer Ford Motor Company (4,700 employees), digital infrastructure provider Equinix (2,800 employees) and charter bus company Ram Transportation Services (2,200 employees.)
The Chicago Metropolitan Agency for Planning (CMAP) has earmarked almost $1 billion for transportation improvements and extensions within Southwest Cook County, in addition to tax incentives to attract more employers and residents to the area.
Demographics
Demographics
1 mile
3 mile
5 mile
2025 Population
24,477
217,881
583,755
2020 Population
25,379
219,939
596,140
2030 Population
24,339
218,022
582,555
2025-2030 Projected Population Growth
-0.6%
0.1%
-0.2%
Daytime Employees
4,611
45,465
136,001
Total Businesses
622
5,847
17,363
Average Household Income
$111,483
$88,404
$78,135
Median Household Income
$91,051
$66,749
$57,102
Total Consumer Spending
$280.1M
$2.2B
$5.4B
Median Age
44.5
42.1
39.9
2025 Households
9,341
81,697
216,901
Percent College Degree or Above
17%
16%
13%
Average Home Value
$330,545
$261,101
$245,054
Nearby Major Retailers
Sale Advisor
Sale Advisor
Bryn Feller, Senior Vice President & Managing Director
Bryn Feller is a senior vice president and Managing Director of Northmarq’s Chicago office, leading a team of professionals specializing in the disposition and acquisition of net lease retail, office and industrial properties nationally. She represents a broad range of institutional, private, and international clients and has completed transactions in excess of $4.5 billion across 39 states, consistently providing strong results for clients.
Before Northmarq, Bryn served as managing director and partner and a founding member of Stan Johnson Company’s Chicago office. Prior to Stan Johnson Company, she served as development manager for the Chicago-based development firm IBT Group and was responsible for the acquisition, coordination and development of new retail and mixed-use projects throughout the Midwest.
Bryn holds a Bachelor of Arts in economics, political science and history from the University of Michigan. She is involved in International Council of Shopping Centers (ICSC), National Association of Industrial and Office Properties (NAIOP) – Chicago Chapter, Urban Land Institute, Real Estate Investors Association, Young Real Estate Professionals of Chicago, University of Michigan Real Estate Alliance, Co-Founder.
Before Northmarq, Bryn served as managing director and partner and a founding member of Stan Johnson Company’s Chicago office. Prior to Stan Johnson Company, she served as development manager for the Chicago-based development firm IBT Group and was responsible for the acquisition, coordination and development of new retail and mixed-use projects throughout the Midwest.
Bryn holds a Bachelor of Arts in economics, political science and history from the University of Michigan. She is involved in International Council of Shopping Centers (ICSC), National Association of Industrial and Office Properties (NAIOP) – Chicago Chapter, Urban Land Institute, Real Estate Investors Association, Young Real Estate Professionals of Chicago, University of Michigan Real Estate Alliance, Co-Founder.
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Casey Harrell
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
3% Transaction Fee
Based on Winning Bid Amount
Minimum Transaction Fee
$20,000
Maximum Transaction Fee
$300,000
Example Calculation
Winning Bid Amount
$5,000,000
Transaction Fee
$150,000 (3%)
Total Purchase Price
$5,150,000
Contact the Sale Advisor
NNN Credit Tenant + Attractive Escalations | 1614 W 95th St
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NNN Credit Tenant + Attractive Escalations | 1614 W 95th St
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