← Back to search
Photography available after free registration below
Virtual Drive-By

Citibank

9009 Ogden Avenue · Brookfield, IL 60513 · Banking / Financial

Asking price
$8,000,000
Cap rate
5.70%
NOI (derived)
$456,000

Need financing on this deal

We run the asking price and cap rate against a network of 7,000+ lenders to return indicative terms, then package a lender memorandum. Takes about two minutes and we will need your target leverage and timing.

Lease

Lease type
Term remaining10.0 yrs
Expiration12/2034
Rent bumps2% annual increase on rent plus (2) 5 year renewal options starting in 2035
Options2 options of 5 years each starting in 2035
Ground lease
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 SF18,063
Price / SF$443
Year built
Lot size1.15 ac
TypeBank
Days on market783

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

  • ​Long-term tenant since 1991 - just renewed with an unusually long lease term: 10 years - through 2034!
  • ​5.7% cap rate (current year); grows to 6.7%
  • ​2% annual increase on rent plus (2) 5 year renewal options - starting in 2035
  • ​Strong guarantee - leased to a national credit tenant - 3rd largest bank holding company in US with $2+ trillion in assets; Moody's - Aa3 - stable
  • ​Excellent parking; landmark building designed by student of Frank Lloyd Wright
  • ​Double corner location with separate drive-thru parcel (see aerial)
  • ​Within walking distance of Metra Brookfield and Congress Park stations
  • ​Offering Memorandum available - contact broker

Property overview

Fully Leased Citibank Building located at 9009 Ogden Avenue, Brookfield, IL 60513.​ This 18,063 SF retail property is offered for sale at $8,000,000.​ The property features a long-term national credit tenant with a recently renewed 10-year lease through 2034, a 5.7% cap rate growing to 6.7%, and 2% annual rent increases.​

Take the next step on this property

We represent buyers on a cooperating commission basis. On the majority of transactions there is no separate fee to you.

Register to view photography and request the offering memorandum

Property details and lease terms are open. Photography, the offering memorandum, lease abstract and due diligence materials are shared with registered buyers.

Optional. On time-sensitive listings a call reaches you faster than email. We will not use it for automated calls or texts.

Asking-market observation aggregated from public listing sources, last observed Sep 18, 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.