Retail Space
1400 Gannon Drive Hoffman Estates, IL 60169
Details & Description
Price: $4,889,000
    Mid-America Real Estate Corporation, is pleased to present BMO Harris Bank located at 1400 Gannon Drive in Hoffman Estates, Illinois. The property is located approximately 30 miles northwest of downtown Chicago and is comprised of a new construction 4,716 square foot retail building situated on a 0.98-acre parcel. BMO Harris Bank relocated an extremely successful branch on the same site, and is subject to a 15-year NNN lease with 8.25% increases every 4 years throughout the primary term. The site is located in the Chicago suburb of Hoffman Estates, with 233,274 residents in a five miles radius that have an average household income over $115,000. The site’s location in a dense and affluent suburban community, excellent traffic exposure, combined with desirable tenancy and new construction, make it an excellent net lease investment opportunity.
    Additional Photos
    Listing Agents
    Wes Koontz
    Mid-America Real Estate Corpor
    O: 630-954-7395
    wkoontz@midamericagrp.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    1400 Gannon Drive

    Hoffman Estates, IL 60169

    Listing ID: 215026
    • 1400 Gannon Drive Hoffman Estates, IL 60169 | for Sale | Photo 1
    • 1400 Gannon Drive Hoffman Estates, IL 60169 | for Sale | Photo 2
    • 1400 Gannon Drive Hoffman Estates, IL 60169 | for Sale | Photo 3
    • 1400 Gannon Drive Hoffman Estates, IL 60169 | for Sale | Photo 4
    1400 Gannon Drive | for Sale | Thumbnail 1
    1400 Gannon Drive | for Sale | Thumbnail 2
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    1400 Gannon Drive | for Sale | Thumbnail 4
    Building Size: 4,716 SF
    Lot Size: 0.980 AC
    Land Size: 42,688 SF
    Building $/SF: $1,036.68
    Land $/SF: $114.53
    Price
    $4,889,000
    Description

    Mid-America Real Estate Corporation, is pleased to present BMO Harris Bank located at 1400 Gannon Drive in Hoffman Estates, Illinois. The property is located approximately 30 miles northwest of downtown Chicago and is comprised of a new construction 4,716 square foot retail building situated on a 0.98-acre parcel. BMO Harris Bank relocated an extremely successful branch on the same site, and is subject to a 15-year NNN lease with 8.25% increases every 4 years throughout the primary term. The site is located in the Chicago suburb of Hoffman Estates, with 233,274 residents in a five miles radius that have an average household income over $115,000. The site’s location in a dense and affluent suburban community, excellent traffic exposure, combined with desirable tenancy and new construction, make it an excellent net lease investment opportunity.

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Naperville History of Retail Space for Sale

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    Hoffman Estates Area Market Trends

    Listing Demographics for 1400 Gannon Drive Hoffman Estates, IL 60169

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population17,12096,119240,151
    Population Median Age383939
    Population by Age0-9 Yrs2149 (12%)11940 (12%)29694 (12%)
    10-19 Yrs2149 (12%)11347 (11%)29614 (12%)
    20-29 Yrs2321 (13%)11966 (12%)29318 (12%)
    30-39 Yrs2194 (12%)14714 (15%)34787 (14%)
    40-49 Yrs2499 (14%)13035 (13%)33156 (13%)
    50-59 Yrs2396 (13%)13129 (13%)33713 (14%)
    60-69 Yrs2134 (12%)11210 (11%)27703 (11%)
    70+ Yrs1277 (7%)8777 (9%)22167 (9%)
    Median HH Income$84,891$83,751$86,725
    Total Household Income< 24K592 (10%)3727 (10%)8495 (9%)
    25-49K1025 (17%)5749 (16%)13490 (15%)
    50-74K837 (14%)5964 (16%)14763 (17%)
    75-99K1081 (18%)6195 (17%)13841 (16%)
    100-199K1795 (31%)10937 (31%)27015 (31%)
    200K+434 (7%)2645 (7%)8876 (10%)
    Highest Education LevelNo Diploma1409498214220
    Diploma or GED21101471835823
    Some College23321254331270
    Assoc. Degree951552412927
    Bachelors Degree31611968246763
    Higher Degree16301029926759
    Total Housing Units6,02237,11990,539
    --Owner-Occupied4,45425,40463,542
    --Renter-Occupied1,3109,81422,937
    Owner-Occupied Values< 100K53714853446
    100-199K781731418165
    200-299K1695830017854
    300-399K1117519911998
    400-499K25017685518
    500K+7413396561
    Total Working Age Population13,54777,342191,712
    In Work Force9,63254,151134,787
    Not In Work Force3,91523,19156,925
    Workforce Employed9,29352,014129,586
    Workforce Unemployed3382,0784,927
    Civlian Workforce9,63154,092134,514
    Military Workforce159273
    Total Households5,76435,21986,479
    Family Households4,42624,71061,850
    Non-Family Households1,33810,50924,630
    Married Couple3,53019,76849,755
    Other Family8954,94212,095
    Married w/Child1,6398,96622,361
    Single Male w/Child1097351,472
    Single Female w/Child2861,6223,955

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Illinois12,419,293+312,830,632+1214,316,487+615,138,849
    Cook County5,376,741-35,194,675+105,707,832+55,990,243
    DuPage County904,161+1916,924+101,010,323+21,034,039

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 1400 Gannon Drive in Hoffman Estates?
    The asking price for 1400 Gannon Drive is $4,889,000
    What is the building size of this Retail property in Hoffman Estates, IL?
    The size of the building/unit at 1400 Gannon Drive in Hoffman Estates is 4,716 square feet
    How much land does the Hoffman Estates, IL property at 1400 Gannon Drive include?
    1400 Gannon Drive in Hoffman Estates includes 0.980 acres of land
    What kind of Retail is the propery at 1400 Gannon Drive?
    The property at 1400 Gannon Drive Hoffman Estates, IL 60169 is listed as a Banking Retail property
    What is the population within 1 mile of 1400 Gannon Drive in Hoffman Estates?
    The population within 1 mile of 1400 Gannon Drive Hoffman Estates, IL 60169 is 17,120 people.
    Who do I contact for questions about 1400 Gannon Drive?
    You should contact the listing agent, Wes Koontz, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    Chicago O'Hare International Airport (ORD) 12
    Chicago Midway International Airport (MDW) 26
    Chicago Rockford International Airport (RFD) 52
    Price
    $4,889,000
    Listing Agent
    Wes Koontz - CRE Agent at Mid-America Real Estate Corpor

    Wes Koontz

    Mid-America Real Estate Corpor

    CONTACT AGENT

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