Bank of America | Corp Guarantee (NYSE: BAC) | 25+… — Sale in Chicago, IL

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Chicago, IL 60617

Investment Figures

Cap rate
7.75%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap is pleased to present a Bank of America located in Chicago, Illinois. Investment Highlights: • Investment Grade Credit – Corporate Guarantee • 25-Plus Year Operating History with Recent Five-Year Extension • Absolute NNN Ground Lease with Attractive Rental Increases • Strong Deposit Counts & Five, Drive-Thru Lanes • Jewel-Osco, Grocery Anchored Outparcel • Dense Retail Corridor with Strong Traffic Counts • Major Nearby Developments Supporting Growth

Market Context

This retail in Chicago, IL is listed for sale. It is offered at an approximate 7.8% capitalization rate, a key benchmark for income-producing retail assets. It has been on the market for 100 days. Compare it against other retail listings for sale in Chicago, IL — view the full market.

As of Q1 2026, the Chicago retail market showed average asking rents near $22.27/SF/yr, and cap rates around 8.2%. Source: multiple brokerage reports, Q1 2026.

Its 7.8% asking cap rate is below the Chicago retail market average of about 8.2%, reflecting premium pricing relative to comparable assets.

Retail market FAQ

What is the typical cap rate for retail in Chicago?
About 8.2% as of Q1 2026, per multiple brokerage reports.

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