This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
This Retail Property is no longer advertised on LoopNet.com.

691 Brook Forest Ave
Shorewood, IL 60404
Citibank Ground Lease(Mattress Firm Sublease) · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Absolute Triple-Net (NNN) Ground Lease
  • Value Add Opportunity - Future Landlord Has a Number of Different Avenues to Increase NOI
  • Current Seller/Landlord is Also Open to Ground Lease/Build-to-Suit Redevelopment/Backfill Opportunity - Lease Expires October 2022
  • 10% Rental Increases Every 5 Years
  • Oversized Parcel – Site May Be Split Into 2 Single-Tenant Parcels of Approximately .86 Acres Each or Be Redeveloped As-Is to Accommodate a Larger Bu
  • Future Landlord May Renegotiate and Extend Mattress Firm in October 2022 When Citibank Lease Expires

PROPERTY FACTS

Property Type
Retail
Property Subtype
Bank
Building Size
4,800 SF
Building Class
B
Year Built
2007
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.71 AC
Frontage
184’ on Brook Forest Ave

AMENITIES

  • Signalized Intersection
  • Drive Thru

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
05-06-09-206-013
Land Assessment
$380,775
Improvements Assessment
$159,399
Total Assessment
$540,174
  • Listing ID: 21281896

  • Date on Market: 10/20/2020

  • Last Updated:

  • Address: 691 Brook Forest Ave, Shorewood, IL 60404

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}