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Virtual Drive-By

Citizens Bank Absolute NNN

7351 Lemont Road · Downers Grove, IL 60516 · Banking / Financial

Asking price
$3,400,000
Cap rate
5.35%
NOI
$182,000

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Lease

Lease typeAbsolute NNN
Term remaining3.5 yrs
Expiration01/2030
Rent bumps10%
Options1
Ground leaseYes
Credit profileCredit Rated
TenancySingle

Planning a 1031 Exchange

Give us your relinquished sale close date and we will calculate your 45-day identification and 180-day closing deadlines, track the clock, and surface matching inventory before it expires. We coordinate directly with your Qualified Intermediary and can introduce one if you have not yet engaged an exchange accommodator. Investment Grade does not provide tax or legal advice.

Property

Building SF3,200
Price / SF$1,063
Year built1980
Lot size0.85 ac
TypeBank
Days on market401

Need year-one bonus depreciation

Building age, size and improvement mix drive how much of this asset a cost segregation study can accelerate into year one. Tell us your tax year and entity and we will model the deduction.

Investment highlights

• 90+ Million in deposits

• Wealthy Community in Chicago

• Four drive thru lanes

• Option exercised early

• 45k vehicles per day

• Pad to TJ Maxx, HomeGoods, Shop & Save Market , Old Navy, and Best Buy with Panera Bread and Burger King

• Kohl’s and Ross Dress for Less are across the intersection

Property overview

HMX Realty Advisors exclusively presents for sale a PNC Bank (S&P A-) ground lease located on .85 acres in one of the wealthiest communities in the Chicago MSA.​

The bank has high deposits exceeding $90 million, four drive through lanes and just exercised their second to last option early.​ The bank is a pad site to TJ Maxx, HomeGoods, Shop & Save Market, Old Navy and Best Buy.​ Other pad sites at the center include Panera Bread and Burger King.​ Kohl’s and Ross Dress for Less are across the intersection.​

It is located on Lemont Road which has average daily traffic of 21,000 vehicles.​ It is just off the corner of 75th Street which has traffic counts of 33,900 vehicles per day.​ It is in Downers Park Plaza which is a grocery anchored shopping center.​

Downers Grove offers an exceptional location within the world's 3rd largest metropolitan area, the Chicago MSA (9.5 million population), boasting a diversified economy with a $561 billion annual gross regional product and over 400 major corporate headquarters.​ This highly accessible community provides Convenient Chicago Access with a 25-minute train ride to downtown Chicago.​

The property is near Naperville, consistently ranked among the wealthiest, safest, and most educated cities in the Midwest and nation

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Asking-market observation aggregated from public listing sources, last observed Sep 11, 2026. Figures are asking price and asking cap rate as published by the listing party, not a verified closed transaction. Lease terms shown where reported by the listing party and not independently verified. Shown for market reference only; this is not an offering. Investment Grade Income Property, LP represents buyers on a cooperating commission basis.