We're in it with you
Those are powerful words coming from the people you know and trust. The people who’ve earned your respect and believe in you. With that as our measuring stick, at Inland Bank we’re in it with you too. It is in the way we listen, the way we ask questions and the solutions we provide. Solutions that are not one-size-fits-all or even one-size-fits most. That is because we provide solutions that are specifically right for you. Solutions that are in sync and in balance with your needs, your goals and dreams.
With over $1.2 billion in assets, locations throughout Chicagoland, and nationwide programs, our experienced bankers are ready to help you meet your financial goals.
Our expertise includes:
- Commercial Lending
- Personal Banking and Loans
- Small Business and SBA Loans
- Treasury Management
- Employer Bank At Work and Health Savings Account (HSA) Solutions designed to provide additional benefits for your employees.
We’re Your Neighbors
We believe that a good neighbor policy starts by being a good neighbor. That’s why our employees are actively involved in the communities we serve, helping them grow and prosper.
Look for new offices opening in Wheeling Town Center and Chicago in 2019!
Interested in finding out what it is like to have Inland Bank in your corner? Contact us today to learn more.
Chicago Branch Now Open!
Inland Bank and Trust Announces Opening of First Downtown Chicago Branch Location
Oak Brook, Illinois – (October 21, 2019) – Inland Bank and Trust (“Inland Bank”) today announced the opening of its first downtown Chicago branch, located at 1000 West Washington Boulevard.
Ideally positioned in the vibrant Fulton Market District and across the street from McDonald’s corporate headquarters, the 2,500-square-foot branch will feature a 24-hour ATM. The branch is part of a larger 25,721- square-foot commercial space, which was acquired by an affiliate of the Vista Property Group (“Vista”). In addition to Inland Bank, tenants in the property include La Sardine, Subway, Nancy’s Pizza and Guidepost Montessori.
“Vista has been a client of Inland Bank since 2017, and we were pleased to originate a financing package for it to acquire and make tenant improvements to the retail space at 1000 West Washington in 2018,” said Christopher Metcalf, senior vice president of CRE lending for Inland Bank. “Shortly after closing the loan, Vista executed new leases with the Montessori school and Inland Bank for two vacant spaces within the building. We are thrilled to enhance our relationship with Vista and not only continue the management of its loan but offer our customers a convenient downtown location that provides a wealth of banking services and solutions.”
The Chicago branch marks the 11th location Inland Bank operates in the Chicagoland area, and the first in downtown Chicago. The full-service branch is open Monday through Friday from 8:30am to 5:00pm and Saturdays from 8:30am to 1:00pm.
“We have had the pleasure of working with Chris Metcalf and the rest of the Inland Bank team and are excited to welcome Inland Bank to 1000 West Washington,” said Hymie Mishan, principal of Vista Property Group. “Based on the care and loyalty they have shown us in several unique situations and throughout our relationship, we have no doubt the Fulton Market branch will be successful.”
Vista Property Group is a family-owned, private real estate investment firm with a rapidly growing portfolio of urban retail, mixed-use and multifamily investments. Vista’s core holdings are located in Chicago, New York and London. Vista’s relationship with Inland Bank includes financing of eight commercial properties, as well as accompanying treasury management services.
Headquartered in Oak Brook, Illinois, Inland Bank and Trust has 11 locations throughout the Chicagoland area with more than $1.2 billion in assets.
Wheeling Branch Now Open
Oak Brook, Illinois – (November 20, 2019) – Inland Bank and Trust (“Inland Bank”) today announced the opening of its 12th Chicagoland branch, located at 337 West Dundee Road in Wheeling, Ill.
Ideally positioned in the new Wheeling Town Center, the branch opened on Tuesday, November 12. The full-service branch, which includes a 24-hour drive up ATM and drive-through banking, is open Monday through Friday from 8:30am to 5:00pm and Saturdays from 8:30am to noon.“Wheeling Town Center is a new luxury, mixed-use development that will be a great location for our newest bank branch,” said Branch Manager Xavier Bautista. “As a local bank, we believe in building relationships and look forward to meeting the personal and business needs of the community.”
Inland Bank and Trust Closes $11 Million Industrial Loan in Wisconsin
Oak Brook, Illinois (November 19, 2019) – Inland Bank and Trust (“Inland Bank”) is pleased to announce the closing of an $11,000,000 loan for the refinancing of a 121,949-square-foot industrial facility in Kenosha, Wisconsin.
Chris Metcalf, senior vice president - head of commercial lending, and Gia Tomaszewski, assistant vice president - CRE, both with Inland Bank, originated the loan. The financing was structured in collaboration with Douglas Barker and Daniel Nyhan of Chicago-based Mesirow Financial, who represented the property owner in the transaction.
At the time of closing, the property was 100 percent occupied by an investment-grade quality tenant with approximately 6.5 years remaining on its current lease term.“Inland Bank found this to be an attractive opportunity due to the strong submarket occupancy and local industrial market trends,” said Tomaszewski. “The property is well located within reasonable proximity to both employment centers and major roadways, and the surrounding industrial developments are experiencing above average levels of demand.”
Inland Bank and Trust Closes $10 Million Industrial Loan with Logistics Property Co.
Chicago, February 26, 2020 – Inland Bank and Trust (Inland Bank) and Logistics Property Company, LLC (LPC) are pleased to announce the closing of a $10,000,000 construction loan for the development of LPC’s 3711 South Ashland Avenue (Project) logistics center. The Project, situated at the northeast corner of Ashland Avenue and 38th Street in Chicago’s McKinley Park neighborhood, is a 137,992-square-foot class leading speculative logistics building. Chris Metcalf, Senior Vice President – Head of Commercial Lending with Inland Bank, originated the loan.
3711 South Ashland, when completed in late summer 2020, will feature 32-foot clear height, 28 exterior loading docks, two drive-in doors and 138 automobile parking spaces. The building can also be subdivided to accommodate up to three tenants.
“Inland Bank found this to be an attractive opportunity due to the desirable location of the development site, ideally positioned within close proximity to Chicago’s Loop providing easy access to the entire Chicagoland area via I-55 and I-94,” said Metcalf. “Once completed, this highly functional industrial property will offer true one-hour delivery time to downtown Chicago.”
Aaron Martell, Executive Vice President – Midwest Region for LPC, will be managing the Project.
“LPC is thrilled with Inland Bank’s execution,” said Martell. “We’re looking forward to doing more deals with them.”
LPC targets opportunities near large population centers and major transportation hubs. Users benefit from its innovative, thought-leading real estate solutions that reduce the expense of freight, labor, taxes, maintenance, and insurance while providing a balanced and amenity driven work environment.
About Logistics Property Co.
Logistics Property Company, LLC (LPC) is a logistics real estate platform focused on the acquisition, development and management of state-of-the-art logistics properties in key North American markets. The management team of LPC partnered with MIRA Real Estate – part of Macquarie Infrastructure and Real Assets (MIRA) – on the formation of the platform. LPC currently manages properties in key logistics markets including Dallas, Houston, Chicago and Seattle-Tacoma with an estimated end-value of over $1.25 billion. Headquartered in Chicago, LPC has offices in Atlanta, Dallas, Houston, Los Angeles and Seattle.
For further information, visit logisticspropco.com or @logisticspropco.