28260 Diehl RdWarrenville, IL 60555

  • Retail properties
  • 7,069 SF
For Sale
$3,450,000 View listing

Property Details for 28260 Diehl Rd

Year built
2001
Lot size
1.34 AC
Property size (Sq ft)
7,069 SF
Zone code
C
Property type
Retail properties
Property subtype
Turn key restaurants
APN
07-02-400-025
APU
702400025

Description

This exceptional investment opportunity presents a freestanding Red Robin Gourmet Burgers and Brews restaurant located at 28260 Diehl Rd, Warrenville, IL 60555. The property boasts 6,603 square feet on a 1.34-acre lot and is situated in a strong mixed-use corridor with high visibility from Diehl Road (36,986 vehicles per day) and proximity to major roadways including Interstate 88 (150,010 VPD). Built in 2001, this single-story building benefits from an absolute NNN lease with a corporate guarantor, Red Robin, a nationally recognized brand with over 500 locations and $1.3 billion in revenue. The lease has a remaining term of 7.9 years and includes a 10% rent increase in 2026, ensuring consistent income growth. The property currently enjoys 100% occupancy and offers a compelling cap rate of 7.25% at an asking price of $3,450,000 ($522.49/sq ft). The location benefits from strong demographics, including a $170,000 average household income within one mile, and is within the Illinois Technology and Research Corridor, home to over 90,000 employees. Nearby amenities include Target, Cinemark, and a 242-unit multifamily development, further enhancing the property's value and appeal. This is a rare opportunity to acquire a well-established, high-performing restaurant in a thriving Chicago suburb with a population of 9.6 million. The property offers a secure, passive income stream with significant upside potential.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,876,296
    6.5%
    $1,731,966
    7%
    $1,608,254
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,808,522
    Geo Method
    $2,320,258
  • Alternative Use

    Use
    Valuation
    Residential
    $1,460,978
    Hospitality
    $1,338,248
    Educational
    $1,113,406
    Medical
    $1,151,698
    Retail
    $1,731,966
28260 Diehl Rd, Warrenville, Illinois
Leaflet | © OpenStreetMap contributors

Location Insight

City
Warrenville
County
Dupage
State
Illinois
Latitude
41.8041
Longitude
-88.1735
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$44,615
$158,750
$418,020
$576,770
-
$476,250
$1,254,060
$1,730,310

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at support@realmo.com and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at support@realmo.com.