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    Mount Prospect, IL
    Conventional Restaurant

    Mount Prospect, IL Conventional Restaurants for Sale

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    Des Plaines, IL Wheeling, IL Arlington Heights, IL Elk Grove Village, IL Rolling Meadows, IL Glenview, IL Palatine, IL Park Ridge, IL
    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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    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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    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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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 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.

    Free-Standing Restaurant with Outdoor Seating
    Free-Standing Restaurant with Outdoor Seating

    260 S Milwaukee Avenue, Wheeling, IL 60090

    $799,900
    3,255 sqft 0.73 AC lot

    Freestanding restaurant with indoor dining plus outdoor seating, complete with a fully equipped commercial kitchen.

    View details
    Storefront Property with Private Courtyard
    Storefront Property with Private Courtyard

    1330 Webford Avenue, Des Plaines, IL 60016

    $399,900
    0.21 AC lot

    Storefront property built in 1926 with central air and a private courtyard for outdoor seating.

    View details
    Mixed-Use Property with Private Courtyard
    Mixed-Use Property with Private Courtyard

    1330 Webford Avenue, Des Plaines, IL 60016

    $399,900
    0.21 AC lot

    Mixed-use block building in COMMR zoning with central air, a private courtyard, and a fireplace.

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    Free-Standing Restaurant with Outdoor Seating
    Free-Standing Restaurant with Outdoor Seating

    260 S Milwaukee Avenue, Wheeling, IL 60090

    $799,900
    0.73 AC lot

    Free-standing restaurant building on a large parcel with 30 parking spaces and indoor plus outdoor dining for 40-plus guests.

    View details

    Mount Prospect, IL Conventional Restaurants Market Trends and Statistics

    Explore 3 conventional restaurants for sale in Mount Prospect, IL, showcased through 3 active listings 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 $2,700,000.

    Sale prices for conventional restaurants in Mount Prospect, IL average $1,350,000 — 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

    Conventional restaurants 2
    Drive through restaurants 2
    Commercial kitchens 1

    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 $1.4M

    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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