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    Mount Prospect, IL

    Mount Prospect, IL Commercial Real Estate for Sale

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    23 properties
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    Freestanding Drive-Through Restaurant
    Updated: Aug 5
    Freestanding Drive-Through Restaurant

    720 E Rand Road, Mount Prospect, IL 60056

    $1,350,000
    2,533 sqft 0.54 AC lot
    2,533‑square‑foot freestanding masonry restaurant on a 23,391‑square‑foot site
    Drive‑through capability with a curb cut onto Rand Road
    Approximately 25 parking spaces and reported exposure to 17,600 vehicles per day
    Commercial kitchen with black iron exhaust hoods, fire suppression, and walk‑in cooler
    Updated windows, rooftop heating and HVAC equipment, tuckpointing, and 200‑amp electrical service
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    This listing looks promising.

    Here's a quick look at some key insights for

    720 E Rand Road, Mount Prospect, IL 60056

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    • Est. Cap Rate

      3.1%
      NOI ÷ price

    • Est. NOI

      $42K
      Annual

    • Mortgage

      $1.5M
      Apr 2024

    • Last Sold

      Apr 2024
      $1.29M

    • Property Type

      Retail Stores
      Built 1991
    View Property Analytics
    Freestanding Restaurant with Drive-Thru
    Updated: Jul 20
    Freestanding Restaurant with Drive-Thru

    720 E Rand Road, Mount Prospect, IL 60056

    $1,350,000
    0.54 AC lot
    Freestanding 2,533‑SF masonry restaurant built in 1994 on a 23,391‑SF site in Mount Prospect’s Rand Road retail corridor
    Existing drive‑thru capability with curb cut on Rand Road
    Approx. 25 parking spaces and exposure to approx. 17,600 vehicles per day
    Fully built‑out kitchen with black iron exhaust hoods, fire‑suppression system, and walk‑in cooler; includes furniture, fixtures, and equipment
    B‑5 zoning; 200‑amp electrical service; central air; roof membrane
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    Corporate 7-Eleven Gas Station
    Corporate 7-Eleven Gas Station

    630 W Rand Rd, Mount Prospect, IL 60056

    $3,966,761
    3,245 sqft 0.76 AC lot

    Freestanding convenience operation offers 24/7 fuel and diesel service under a triple-net lease structure.

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    High Visibility Office Building For Sale
    High Visibility Office Building For Sale

    1100 W Northwest Hwy, Mount Prospect, IL 60056

    $999,000
    14,055 sqft 0.59 AC lot

    Well-located office building with high visibility and excellent accessibility.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Mixed-Use Building Near Transit
    Mixed-Use Building Near Transit

    18 West Busse Avenue, Mt Prospect, IL 60056

    Contact for pricing
    13,155 sqft

    Mixed-use property with residential units and commercial space across from a Metra station.

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    Medical Office Asset For Sale
    Medical Office Asset For Sale

    1660 Feehanville Dr, Mount Prospect, IL 60056

    Contact for pricing
    87,369 sqft

    Partially leased medical office building near major hospital systems.

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    Restaurant Space With Private Dining
    Restaurant Space With Private Dining

    1747 W Golf Road, Mount Prospect, IL 60056

    $350,000
    9,999,999 sqft

    Flexible interior includes generous seating, a private dining room, parking, and prominent signage.

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    Mount Prospect Office Plaza
    Mount Prospect Office Plaza

    1661 Feehanville Dr, Mount Prospect, IL 60056

    Contact for pricing
    85,955 sqft

    Office building in Mount Prospect, Illinois with landscaped surroundings.

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    Multi-Tenant Retail Center
    Multi-Tenant Retail Center

    1100 Elmhurst Rd, Mt Prospect, IL 60056

    Contact for pricing
    31,900 sqft 2.87 AC lot

    Multi-tenant retail center anchored by Chase Bank and leased to 13 tenants with 84% NNN/Gross coverage.

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    Absolute NNN Retail Ground Lease
    Absolute NNN Retail Ground Lease

    940 E Rand Rd, Mount Prospect, IL 60056

    Contact for pricing
    2,695 sqft

    Absolute NNN ground lease with 12.4 years remaining, leased to an investment-grade tenant with an S&P A credit rating.

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    Leased Texas Roadhouse Restaurant
    Leased Texas Roadhouse Restaurant

    841 E Rand Rd, Mt Prospect, IL 60056

    Contact for pricing

    Absolute NNN ground-leased Texas Roadhouse, opened January 2020, with corporate guarantee and 15-year term plus extension options.

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    Industrial Building
    Industrial Building

    900 Business Center Drive, Mount Prospect, IL 60056

    Contact for pricing
    43,538 sqft

    Industrial building offered for sale totaling 43,538 square feet.

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    Single-Tenant Retail Ground Lease
    Single-Tenant Retail Ground Lease

    1470 S Elmhurst Rd, Mount Prospect, IL 60056

    Contact for pricing

    National single-tenant retail property offered under a ground lease with drive-through service.

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    Free-Standing 7-Eleven with Fuel
    Free-Standing 7-Eleven with Fuel

    630 W Rand Rd, Mount Prospect, IL 60056

    Contact for pricing

    Free-standing 7-Eleven convenience store with fuel stations, fully renovated in 2019 and located on a signalized corner.

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    Absolute NNN Bank Ground Lease
    Absolute NNN Bank Ground Lease

    1080 Elmhurst Rd, Mt Prospect, IL 60056

    Contact for pricing

    Bank of America occupies a ground-leased absolute NNN property with a lease extension through December 2032.

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    Two-Story Masonry Medical Office Building
    Two-Story Masonry Medical Office Building

    411 W Walnut St, Mount Prospect, IL 60056

    Contact for pricing

    Established two-story masonry medical/dental building with 75% of space currently available.

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    Retail Spaces on Northwest Highway
    Retail Spaces on Northwest Highway

    2 East Northwest Highway |, Mount Prospect, IL 60056

    Contact for pricing

    Retail spaces with frontage on Northwest Highway.

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    Net-Leased Multi-Tenant Retail Building
    Net-Leased Multi-Tenant Retail Building

    920 N Elmhurst Rd, Mount Prospect, IL 60056

    Contact for pricing

    Multi-tenant retail building with recently renovated net-leased suites, currently occupied by national brands.

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    Self-Serve Car Wash with Office
    Self-Serve Car Wash with Office

    Mt Prospect, IL 60056

    Contact for pricing
    0.67 AC lot

    7-bay self-serve car wash with two enclosed bays and a 900 SF office/storage room plus restroom on a B4-zoned site.

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    Vacant Land Off Kensington Road
    Vacant Land Off Kensington Road

    1400-1500 E Kensington Road, Mount Prospect, IL 60056

    $2,240,000

    Vacant land located on the north side of Kensington Road east of Wolf Road in Cook County.

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    Commercial Land Parcel
    Commercial Land Parcel

    475 W. Central Road, Mount Prospect, IL 60005

    Contact for pricing

    For-sale land parcel at 475 W. Central Road in Mount Prospect, Illinois.

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    Mount Prospect Office/Warehouse Building
    Mount Prospect Office/Warehouse Building

    1040 W Northwest Highway, Mount Prospect, IL 60056

    Contact for pricing
    16,568 sqft

    16,568 RSF building with office and warehouse space.

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    Established Gas Station For Sale
    Established Gas Station For Sale

    Mount Prospect, IL 60056

    Contact for pricing

    Operating gas station in northwest suburbs with high traffic.

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    Based on your search, we've compiled Potential Opportunities for your consideration. Besides 23 Active Listings in Mount Prospect, IL, we suggest to view alternatives - similar 49 Off-Market properties to explore as potential leads.

    Off-Market Properties in Mount Prospect, IL

    Consider similar Off-Market properties in Mount Prospect, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1444 Busse Rd
    GARDEN APT, COURT APT (5+ UNITS)

    1444 Busse Rd, Mount Prospect, IL 60056-4770

    $30,000,000
    Estimated value
    12.70 AC lot
    View details

    Mount Prospect, IL Commercial Real Estate Market Trends and Statistics

    Explore 72 commercial real estate for sale in Mount Prospect, IL, showcased through 23 active listings on our real estate platform. These investment opportunities span a total of 10,301,012 square feet of properties for sale, with an estimated market value of $10,255,761.

    Sale prices for business properties in Mount Prospect, IL start at $350,000, averaging $1,709,293, and reaching up to $3,966,761 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 56K
    Population Growth (5Y) +1.3%
    Median Household Income $104,168
    College Educated 66.2%

    High-Yield Neighborhoods for Investment

    Identify Mount Prospect submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    60056 $1.5M

    Taxes & Financing

    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Cook County

    New Delisted

    Property Size Breakdown

    The majority of commercial real estate listings in Mount Prospect fall within the 100,000+ square foot range.

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    Most Searched ZIP Codes in Mount Prospect, IL

    • 60056
    • 60005

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