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Chase Bank 884 S Waukegan Rd 3,600 SF Retail Building Lake Forest, IL 60045 $6,368,420 ($1,769.01/SF) 4.75% Cap Rate
INVESTMENT HIGHLIGHTS
- This branch was a “must have” for Chase Bank to help serve the high net worth individuals, family offices and businesses within the community.
- Lake Forest is one of the wealthiest towns in America. The average HH Income is over $384,000 within one mile of this site.
- The property is located adjacent to the METRA North line that takes commuters to and from downtown Chicago.
- Lake Forest is home to wealthy residents and an abundance of major corporations which include: Grainger, Abbott, Pfizer, Brunswick, The Chicago Bears
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Building Size
3,600 SF
Building Class
B
Year Built
2018
Price
$6,368,420
Price Per SF
$1,769.01
Cap Rate
4.75%
NOI
$302,500
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.96 AC
NEARBY MAJOR RETAILERS
Fifth Third Bank
PROPERTY TAXES
| Parcel Number | 16-07-200-069 | Improvements Assessment | $280,320 |
| Land Assessment | $120,777 | Total Assessment | $401,097 |
PROPERTY TAXES
Parcel Number
16-07-200-069
Land Assessment
$120,777
Improvements Assessment
$280,320
Total Assessment
$401,097
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Chase Bank | 884 S Waukegan Rd
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