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    Property profile & analytics
    OFF-MARKET Estimated value $605,000
    Turn key restaurants

    28260 Diehl Rd, Warrenville, IL 60555-3847

    7,069 SF 1.34 ac lot Built 2001
    Entity Owned 25-yr Hold ~ Est. High Equity
    Property ID
    US28-1637699
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Red Robin Gourmet Burgers and Brews Restaurant
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $380k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $825k
    Blend (final) Blend
    $605k
    Owner & transaction history
    5b Red Robin Cantera LLC · 25 yrs held
    5b Red Robin Cantera LLC
    since 2000
    5 recorded transactions
    2013
    2004
    2000
    $1.1M
    1969
    1969
    Zoning & alternative use
    C · Warrenville, IL
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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