14025 Bell Rd Homer Glen, IL 60491-8463

This exceptional investment opportunity presents the chance to acquire a fee-simple interest (land and building) in a freestanding Chili's restaurant located in Homer Glen, Illinois, within the Chicago MSA. The property boasts 5,557 square feet on a 1.45-acre lot and features 104 parking spaces. Built in 2007 and renovated in 2020, this restaurant benefits from an absolute NNN lease with a corporate guarantee from Brinker Restaurant Corporation, a subsidiary of Brinker International Inc. (NYSE: EAT). The current lease has approximately 2.9 years remaining, with two 5-year renewal options. Annual rent increases of 1.5% are built into the lease, providing a hedge against inflation and steadily growing net operating income (NOI). The property enjoys a prime location as an outparcel to a Home Depot-anchored power center, surrounded by other national retailers including Meijer, Aldi, and Walgreens. This high-visibility location at a signalized intersection offers significant street frontage and a prominent monument sign. The property's strong demographics, including an average household income exceeding $137,275 within a 3-mile radius and over 93,000 residents within a 5-mile radius, contribute to its exceptional investment potential. The current NOI is $255,425, representing an 8.00% cap rate on the asking price of $3,193,000. The property is zoned C-3. This is a truly management-free investment opportunity with significant upside potential. The property's APN is 16-05-01-301-026.