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    Mount Prospect, IL Conventional Restaurants for Sale

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    Des Plaines, IL Arlington Heights, IL Prospect Heights, IL
    Turnkey Restaurant Building with Drive-Thru
    $1,499,000
    2,533 SF
    Turnkey Restaurant Building with Drive-Thru

    720 E Rand Road, Mount Prospect, IL 60056

    Freestanding restaurant with drive-thru on Rand Road corridor.
    • Rare Drive‑Thru Opportunity: Extremely limited in this submarket, offering immediate market entry.
    • Turnkey Restaurant with Fully Equipped Kitchen: Includes black iron hoods, fire suppression, walk‑in cooler, and all FF&E.
    • High‑Traffic Location: Benefits from over 17,000 vehicles per day on Rand Road.
    • Well‑Maintained and Updated: Features a modernized facade, updated windows, upgraded HVAC, 200‑amp electrical service, and recent tuckpointing.
    • Strong Retail Corridor: Surrounded by dense residential areas and major national retailers.
    Updated: Apr 1
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    Turnkey Restaurant in Food Court
    $189,000
    Turnkey Restaurant in Food Court

    1025 S Elmhurst Road, Mount Prospect, IL 60056

    Fully built-out chicken and wings restaurant space in a busy outlet food-court cluster with ample customer parking.
    • Turnkey Nashville Hot Chicken & Wings restaurant; fully built out and ready for operation, including all goodwill, equipment, phone number, and operational fixtures.
    • Prime location on major Elmhurst Rd/IL 83 at Rand Rd IL 12, within a busy food‑court‑style outlet building in front of a high‑traffic shopping center.
    • Strong retail location with exceptional visibility and exposure in a dense residential and commercial area with heavy foot and vehicle traffic.
    • Favorable lease terms: current lease through the end of 2028 with 2 (5‑year) renewal options.
    • Approx. 2,200 sq. ft. of open, efficient, and attractive space with high ceilings.
    Updated: Dec 11, 2025
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    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Mount Prospect, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Restaurant Property for Sale
    $250,000
    1.88 Acres
    Restaurant Property for Sale

    Restaurant-focused commercial offering in Schaumburg, suited for operators seeking a conventional dining concept location.

    243 W GOLF Road, Schaumburg, IL 60195

    View details
    Wingstop Restaurant in Schiller Park
    $1,310,000
    1,400 SF
    Wingstop Restaurant in Schiller Park

    Single-tenant Wingstop restaurant in the Chicago MSA for sale.

    9732 W. Irving Park Road |, Schiller Park, IL 60176

    View details
    Schiller Park Retail Strip Center
    $3,595,000
    23,000 SF
    Schiller Park Retail Strip Center

    Six-tenant strip center near O'Hare Airport and Schiller Park.

    4940 River Rd, Schiller Park, IL 60176

    View details
    Schaumburg Restaurant and Cantina Bar
    Contact for pricing
    2,800 SF
    Schaumburg Restaurant and Cantina Bar

    Newly renovated restaurant with patio and private party room.

    34 West Schaumburg Road, Schaumburg, IL 60194

    View details

    Mount Prospect, IL Conventional Restaurants Market Trends and Statistics

    Explore 2 conventional restaurants for sale in Mount Prospect, IL on our real estate platform. These investment opportunities span a total of 2,533 square feet of properties for sale, with an estimated market value of $1,499,000.

    Sale prices for conventional restaurants in Mount Prospect, IL start at $1,499,000, averaging $1,499,000, and reaching up to $1,499,000 — 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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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Drive through restaurants 3
    Conventional restaurants 2

    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 $849K

    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 50,000 to 100,000 square foot range.

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