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1951 S Plum Grove Rd
Palatine, IL 60067
BMO Harris Bank: Palatine, IL · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Bank
Building Size
3,192 SF
Building Class
B
Year Built
1970
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.89 AC
Zoning
C
Parking
25 Spaces (7.83 Spaces per 1,000 SF Leased)
Frontage
136’ on S Plum Grove Rd

AMENITIES

  • Pylon Sign
  • Drive Thru

ABOUT 1951 S PLUM GROVE RD , PALATINE, IL 60067

CBRE is pleased to present for sale this free-standing BMO Harris bank branch, which is part of a larger portfolio of 29 BMO bank branches in Illinois and Wisconsin. With 9 years of absolute NNN term and eight 5-year options to renew remaining, the lease features attractive 1.50% annual rent escalations. For more information on the other assets, please contact agent Located approximately 25 miles northwest of downtown Chicago, the branch benefits from a substantial deposit base and affluent demographics with the average annual household income well over $100,000. The branch is part of a four corner retail district surrounded by primarily residential communities and has neighbors including CVS Pharmacy and numerous dining establishments.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 02-34-200-010-0000
  • 02-27-207-012-0000
Land Assessment
$559,893
Improvements Assessment
$2,377,013
Total Assessment
$2,936,906
  • Listing ID: 9572976

  • Date on Market: 10/13/2017

  • Last Updated:

  • Address: 1951 S Plum Grove Rd, Palatine, IL 60067

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