Property profile

28260 Diehl Rd Warrenville, IL 60555

FOR SALE
Turn key restaurants
Property ID
US28-1637699
7,069 SF 1.34 ac lot Built 2001
Entity Owned 25-yr Hold ~ Est. High Equity
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For Sale
Contact for pricing 7,069 SF
28260 Diehl Rd, Warrenville, IL 60555
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2001
Total area 7,069 SF
Lot 1.34 ac (58,370 SF)
Zoning code C
APN 07-02-400-025
UPID US28-1637699

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

28260 Diehl Rd Warrenville, IL 60555
Warrenville metro Census 846405 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$380k
CAP Approach CAP
by Request
Comparable Approach Comparable
$825k
Blend (final) Blend
$380k

Owner & transaction history

since 2000
5 recorded transactions
2013
Price N/A
2004
Price N/A
2000
$1.1M
1969
Price N/A
1969
Price N/A

Zoning & alternative use

C · Warrenville, IL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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