6401 N Harlem Ave
Chicago, IL 60631
PNC Bank · Retail Property For Sale

Marcus & Millichap has been selected to exclusively offer for sale a PNC Bank located in the Norwood Park neighborhood of Chicago, Illinois. PNC Bank sits on a large 0.63 acre lot, ideally located at the hard, lighted, three-way intersection of Harlem Avenue (IL-43), Devon Avenue, and Northwest Highway (U.S. Route 14), with excellent access and visibility. This bustling three-way intersection boasts a combined traffic count of 55,125 vehicles passing daily, with entrances to the bank on both the morning and evening sides of traffic (Devon Avenue and Northwest Highway, respectively). The property benefits from a maximum level of visibility that is generated by its 245 feet of prime Harlem Avenue frontage. The PNC Financial Services Group is one of the largest diversified financial services institutions in the United States, with an investment grade credit rating of A by Standard & Poor' s, as well as total assets of $366 billion as of year-end 2016. The company has businesses engaged in retail banking, corporate and institutional banking, asset management and residential mortgage banking, and operates primarily in 19 states and the District of Columbia. The property sits in a highly dense urban in-fill area that is situated in the heart of the area' s main retail corridor, containing a number of major national retailers including Target, Forever 21, Victoria' s Secret, Bath and Body Works, Whole Foods, Trader Joe' s, Chipotle, Panera Bread, Walgreens, as well as Norwood Park' s very first Starbucks development that just recently opened across from the subject property. It sits less than five miles from the Fashion Outlets of Chicago, Chicago' s only enclosed luxury outlet mall, featuring 529,000 square feet of highly complementary retail space that houses a wide variety of world-class brands such as Gucci, Prada, Tory Burch, Michael Kors, and Burberry. In addition, PNC Bank is within just six miles of Chicago' s O' Hare International Airport, which is the fourth busiest airport in the world. Just across Northwest Highway is a 45-unit Tuscany Terrace condominium development, one of many recently constructed multi-use developments surrounding the property, all of which have greatly increased the level of foot traffic for the area' s retail community.