14025 S Bell Rd, Homer Glen, IL 60491
- Commercial real estate
- 5,557 SF
- 1.45 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 14025 S Bell Rd
- Lot size
- 1.45 lot acres
- Property type
- Commercial real estate
- APN
- 16-05-01-301-026
- APU
- 160501301026
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Mar 25, 2026 | $2,850,000 | Jpmorgan Chase Bank NA | Limstone Chillis Chi LLC | Special Warranty Deed | — |
| Feb 25, 2020 | $2,950,000 | Limestone Chili Chi LLC | Qeh Chicago LLC | Grant Deed | — |
| May 20, 2014 | $3,144,000 | Qeh Chicago LLC | Sun Chai Kew | Warranty Deed | $2M · Intervest National Bank |
| May 1, 2008 | $2,818,000 | Kew S Chai | Ge Capital Franchise Fin Corp | Grant Deed | $2.1M · Amcore Bank |
| Nov 27, 2007 | $2,597,204 | Elec Cap Franchise Fin | Brinker Restaurant Corp | Warranty Deed | — |
| Nov 27, 2007 | — | Erj Dining IV LLC | — | Deed Of Trust · related | $56.9M · General Electric Capital Corp |
Description
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.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $4,040,000
- ML approach
- $3,940,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Homer Glen
- County
- Will
- State
- Illinois
- Longitude
- -87.9304
- Latitude
- 41.634
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
