Bank
BMO Harris Bank - Palatine
1951 S Plum Grove Rd, Palatine, IL 60067
Listing Price: $1,332,939
Investment Overview
This BMO Harris Bank is offered as an absolute triple-net lease with zero landlord responsibilities and a strong corporate guarantee. The lease includes annual rental increases and provides ownership of both the land and building, which is eligible for depreciation. BMO Harris has operated at this location for nearly two decades, recently exercised its renewal option early, and demonstrates strong performance with over $96 million in deposits. The property features multiple drive-thru lanes for convenience and long-term usability. Strategically positioned on a hard-corner signalized intersection with nearly 29,000 vehicles daily, the site offers excellent visibility and access. It is also just 0.6 miles from the Route 53 interchange, with over 113,400 vehicles passing daily, and benefits from proximity to the future Chicago Bears stadium development. The property is surrounded by extremely affluent and dense demographics, with over 88,000 residents, 115,000 employees, and an average household income exceeding $164,000 within just a mile.
Investment Highlights
- Absolute Triple-Net Lease with Strong Annual Rental Increases | Corporate Guarantee
- Land and Building Ownership | Eligible for Depreciation
- Long Operating History | Continuous Option Under BMO Harris Umbrella for Nearly Two Decades
- High Deposits | Over $96 Million in Deposits 2023-2024
- Hard-Corner Location | Features Multiple Drive-Thru Lanes, Multiple Points of Ingress and Egress, and Ample Parking
- 0.6 Miles from Route 53 Interchange with 113,400 Vehicles per Day
- Less than Three Miles from the Chicago Bears Planned Stadium Development in Arlington Heights | Major Economic Boost
- Within a Mile, the Average Household Income is $164,014 and is Anticipated to be $176,570 by 2029
Listing Price: $1,332,939
Investment Highlights
- Absolute Triple-Net Lease with Strong Annual Rental Increases | Corporate Guarantee
- Land and Building Ownership | Eligible for Depreciation
- Long Operating History | Continuous Option Under BMO Harris Umbrella for Nearly Two Decades
- High Deposits | Over $96 Million in Deposits 2023-2024
- Hard-Corner Location | Features Multiple Drive-Thru Lanes, Multiple Points of Ingress and Egress, and Ample Parking
- 0.6 Miles from Route 53 Interchange with 113,400 Vehicles per Day
- Less than Three Miles from the Chicago Bears Planned Stadium Development in Arlington Heights | Major Economic Boost
- Within a Mile, the Average Household Income is $164,014 and is Anticipated to be $176,570 by 2029
Investment Overview
This BMO Harris Bank is offered as an absolute triple-net lease with zero landlord responsibilities and a strong corporate guarantee. The lease includes annual rental increases and provides ownership of both the land and building, which is eligible for depreciation. BMO Harris has operated at this location for nearly two decades, recently exercised its renewal option early, and demonstrates strong performance with over $96 million in deposits. The property features multiple drive-thru lanes for convenience and long-term usability. Strategically positioned on a hard-corner signalized intersection with nearly 29,000 vehicles daily, the site offers excellent visibility and access. It is also just 0.6 miles from the Route 53 interchange, with over 113,400 vehicles passing daily, and benefits from proximity to the future Chicago Bears stadium development. The property is surrounded by extremely affluent and dense demographics, with over 88,000 residents, 115,000 employees, and an average household income exceeding $164,000 within just a mile.

