12990 Il-47 Huntley, IL 60142
This exceptional investment opportunity presents a fee-simple interest in a brand-new, 2,350 square foot Chipotle Mexican Grill located in Huntley, Illinois. Built in 2024, this single-story building sits on a 1.29-acre lot and features Chipotle's latest "Chipotlane" drive-thru prototype, along with an outdoor patio. The property benefits from a 15-year net lease (commencing August 16, 2024, and expiring August 31, 2039), offering a remaining term of approximately 14.8 years. The lease includes four 5-year renewal options and features a 10% rental increase every five years, providing a built-in hedge against inflation. Landlord responsibilities are limited to roof and structure maintenance. The property boasts a strong net operating income (NOI) of $112,800, resulting in an attractive 5.50% capitalization rate. Situated in a rapidly growing area of Huntley, IL, this location benefits from excellent visibility and access within a thriving retail corridor. The property's location is further enhanced by its proximity to major employers, including Weber-Stephen Products, Amazon, and Northwestern Medicine. This is the first Chipotle location in Huntley, capitalizing on the area's expanding population and strong demographics. The property's ground lease is in place, and the asking price is $2,051,000, translating to a price per square foot of $872.77. The property's APN is 02-04-351-003. This is a rare opportunity to acquire a high-performing, long-term net lease investment in a prime location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.