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    14025 S Bell Rd Homer Glen, IL 60491

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    For Sale
    $3,193,000

    NNN leased Chili's in Homer Glen, Chicago MSA.

    Property size:
    5,557 SF
    Lot size:
    1.42 Acres

    Property Features for 14025 S Bell Rd

    General Information

    Size
    5,557 SF
    Lot size
    1.42 Acres

    Source: SRS Industrial - Newport Beach Agent Matthew Mousavi

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Freestanding Chili's Investment Property

    This is a fee simple interest in an absolute NNN, newly renovated, freestanding Chili’s investment property. Located in Homer Glen, Illinois, within the Chicago MSA, the tenant has approximately 4 years remaining on their initial term, with 2 (5-year) options to extend. The lease features annual 1.5% rental increases. The lease is absolute NNN with zero landlord responsibilities. The property is 5557 square feet. Brinker Restaurant Corporation is a subsidiary of Brinker International Inc., a publicly-traded company (NYSE: EAT).
    Insight Report Location Intelligence

    Current Use by Public Records

    Conventional restaurants

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Homer Glen
    County
    Will
    State
    Illinois
    Longitude
    -87.9304255
    Latitude
    41.6339914

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    FAQs

    What type of property is this?
    Conventional restaurant - NNN leased Chili's in Homer Glen, Chicago MSA.
    Where is this conventional restaurant located?
    The property is located at 14025 S Bell Rd Homer Glen, IL.
    What is the asking price?
    The asking price for this property is $3,193,000.
    What are key features of this property?
    This property features: - Absolute NNN lease: a truly passive investment opportunity.; - Newly renovated, freestanding Chili's property in Homer Glen, Illinois (Chicago MSA).; - Approximately 4 years remaining on the initial lease term with 2 (5-year) options to extend.
    (949) 698-1116
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    Homer Glen, IL 60491
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    14025 S Bell Rd Homer Glen, IL 60491
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