Entity Owned Property summary
This exceptional investment opportunity presents a fee-simple ownership of a brand-new, 2,300 square foot Popeyes restaurant located at 421 S Weber Rd, Romeoville, IL 60446. Built in 2022, the property sits on a one-acre lot and boasts a strong 5.75% cap rate with a current NOI of $184,000. The property benefits from a 20-year absolute NNN lease with the Dhanani Group, one of the largest Popeyes franchisees, operating over 1,297 units. This lease includes a healthy 8% rent-to-sales ratio and… features 10% rent bumps every five years, commencing at closing. The strategic location at a signalized intersection of Weber Road and Airport Road provides high visibility and traffic, situated across from a Walmart and adjacent to a new 240-unit Class-A apartment complex. The property is surrounded by national retailers and benefits from being in a densely populated and growing Chicago suburb with a 5-mile population of approximately 151,570, within the larger Chicago MSA of 8,937,000 (2023). The lease structure offers four five-year renewal options, ensuring long-term stability and predictable income. The asking price is $3,200,000, translating to $1,391.30 per square foot. This is a rare opportunity to acquire a high-performing, passively managed asset in a prime location within a thriving market.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2022
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 6 properties nearbyComparable nearby
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- Lot area
- 1 ac
- APN
- 11-04-17-101-004
- Assessed value · 2023
- $298,320
- Annual tax · 2022
- $3,169
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Local Zoning Insight
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- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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