The Boulder Group Arranges $2.1 Million Sale of US Bank in Metro Chicago

The US Bank property is located at 1103 East 9th St. in Lockport, 30 miles southwest of Chicago. The US Bank property is located at 1103 East 9th St. in Lockport, 30 miles southwest of Chicago.

Lockport, Ill. — The Boulder Group has arranged the sale of a single-tenant property net leased to US Bank in Lockport, 30 miles southwest of Chicago, for $2.1 million.

The triple net lease entered into by US Bank expires in July 2026 and features annual rental escalations of 2.5 percent and three five-year renewal option periods. Randy Blankstein and Jimmy Goodman of The Boulder Group represented the seller in the transaction, an institutional investment firm. A high net worth individual was the buyer.

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