Courtesy: RE/MAX At Home
847-255-1000
**BANK PRE-APPROVED SHORT SALE-AN OUTSTANDING OPPORTUNITY TO ACQUIRE A TURNKEY RESTAURANT PROPERTY AT AN EXCEPTIONAL VALUE!** Don't miss what may be one of the best commercial real estate opportunities of the year! This freestanding, 2,533-square-foot masonry restaurant sits on a 23,391-square-foot site in Mount Prospect's highly active Rand Road retail and fast-food corridor. The property offers existing drive-thru capability with a curb cut on Rand Road, approximately 25 parking spaces, excellent visibility, and exposure to approximately 17,600 vehicles per day. Located just south of the signalized intersection of Rand Road and Central Road-and directly across from Menards. This property is surrounded by major retailers and restaurants, including Walmart, Aldi, Subway, Bowlero, Texas Roadhouse, Buona Beef, and Dunkin'. With B-5 zoning, this is an excellent opportunity for restaurant operators, owner-users, investors, and entrepreneurs seeking a high-visibility suburban location. The building is fully built out and ready for operation, featuring a complete commercial kitchen, black iron exhaust hoods, fire-suppression systems, a walk-in cooler, and included furniture, fixtures, and equipment. Additional improvements include a modern facade, updated windows, upgraded rooftop heating and HVAC equipment, tuckpointing, and 200-amp electrical service. The property also features a second floor, offering the potential-subject to municipal approval-to expand upward or create an outdoor second-floor dining area. Convenient access to area highways and public transportation further strengthens this exceptional location. **Absolute turnkey condition** Bring your concept and take advantage of this rare short-sale opportunity! Please do not disturb the current operator. Contact the listing broker to schedule a private showing. BOTTOM LINE: Drive-thru properties in high-traffic suburban Chicago corridors don't last. This is a ready-to-operate, fully equipped, strategically positioned asset with immediate revenue potential and long-term appreciation fundamentals. Whether you're an expanding operator or a savvy investor, 720 E. Rand Road checks every box. Do not disturb tenant. Contact listing broker for all showings, and tours.
Courtesy: Baird & Warner
847-381-1855
Exceptional opportunity to own a 14,000 SF industrial building in the heart of downtown Mount Prospect. Located adjacent to recently developed multifamily apartment communities, this property may present future redevelopment potential for qualified investors or developers. The property is currently zoned I-1 Limited Industrial, and any proposed redevelopment would require the appropriate approvals from the Village of Mount Prospect. Buyers should perform their own due diligence. This facility features 8 private offices, each with its own private restroom, a conference room, multiple storage rooms, and a spacious warehouse designed for a variety of industrial or manufacturing operations. The warehouse includes industrial utility infrastructure, employee restrooms, a kitchen/break area, a loading dock, and an overhead drive-in door for efficient shipping and receiving. Additional highlights include approximately 20 on-site parking spaces, a prime location within walking distance of the Metra station and downtown Mount Prospect, and convenient access to Elk Grove Village one of the region's premier industrial and business corridors. For Sale Only - Not Available for Lease.
Courtesy: Century 21 Circle
630-369-2000
Discover exceptional visibility and accessibility at 1150 W Northwest Highway, a premier commercial property located in the heart of Mount Prospect's thriving business corridor. Perfectly positioned along the highly trafficked Northwest Highway, this property offers outstanding exposure, ample parking, and convenience to major roadways including Route 83, Rand Road, and I-90. Flexible floor plans make this location ideal for professional offices, medical users, retail showrooms, or service-based businesses. The attractive brick facade and large windows offer abundant natural light, while signage opportunities ensure maximum brand visibility. Two current tenants with leases in place. Great owner user property. Well-built commercial investment with many possible options for the owner.
Courtesy: Premier Living Properties
630-377-1646
Rare opportunity to acquire a highly visible, turnkey freestanding restaurant building with existing drive-thru along the heavily trafficked Rand Road corridor in Mount Prospect. Drive-thru properties in this submarket are extremely limited, making this an ideal opportunity for QSR, coffee, breakfast, or fast-casual operators looking for immediate market entry and long-term upside. This 2,533 SF building sits on a 23,391 SF site and features a fully built-out commercial kitchen, including black iron hoods, fire suppression system, walk-in cooler, and all FF&E included-allowing for a seamless transition and significantly reduced startup costs. The property has been well maintained with a modernized facade, updated windows, upgraded rooftop HVAC, 200-amp electrical service, and recent tuckpointing. Positioned just south of the intersection of Rand Rd & Central Rd, the site benefits from exceptional visibility, strong signage potential, and convenient access, including an existing curb cut and drive-thru infrastructure. With over 17,000 vehicles per day, this location offers consistent exposure in a very active retail corridor. Surrounded by dense residential neighborhoods and major national retailers including Menards, Walmart, Aldi, Dunkin, Buona Beef, and Texas Roadhouse, the property is ideally situated to capture steady consumer demand. The 25-car parking lot (side and rear) supports high-volume operations, while the B-5 zoning allows for a variety of retail and restaurant uses. Additional upside includes a second-floor area with potential for expansion or outdoor dining, creating added value for owner-users or investors. This is a true plug-and-play opportunity in a proven retail corridor-perfect for operators looking to scale or investors seeking a high-demand asset with strong fundamentals. Restaurant is currently open and profitable and being run by the building owner, the business will close on the sale of the building.
Mount Prospect is located in Illinois. Mount Prospect, Illinois has a population of 56,510. Mount Prospect is more family-centric than the surrounding county with 38.64% of the households containing married families with children. The county average for households married with children is 29.73%.
The median household income in Mount Prospect, Illinois is $92,477. The median household income for the surrounding county is $72,121 compared to the national median of $69,021. The median age of people living in Mount Prospect is 40.5 years.
The average high temperature in July is 83.6 degrees, with an average low temperature in January of 16.9 degrees. The average rainfall is approximately 36 inches per year, with 36 inches of snow per year.
