Turnkey Restaurant Building with
720 E Rand Road, Mount Prospect, IL 60056
COMMERCIAL - Mount Prospect, IL
Type:Retail
Property size:
2,533 SFLot size:
0.54 AcresPrice / SF:
$591/SF- Added:
- Apr 1, 2026
- Days on Market:
- 51
- Last Refresh:
- May 21 at 4:06 pm
Property Features for 720 E Rand Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Retail
- Zoning
- RTAIL
- Standard status
- Active
- APN
- 03344070140000
- Size
- 2,533 SF
- Lot size
- 0.54 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 43811
Utilities
- Utilities
- Cable Available
- Cooling system
- Central Air
Building Details
- Year built
- 1994
- Floors in Building
- 2
- Number of units
- 1
- Flooring type
- Varies, Tile, Concrete
- Building materials
- Brick, Concrete, Block
- Roof type
- Membrane
Listing agent Teresa Stultz License #475137186 (630) 377-1646
Listing office Premier Living Properties 612 West Main St, St. Charles, IL (630) 377-1646
Listing date Apr 1, 2026
MLS# 12607080
Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- 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.
- Ample Parking and Flexible Zoning: Includes a 25‑car parking lot and B‑5 zoning, allowing for a variety of retail and restaurant uses.
Overview
This is a rare opportunity to acquire a highly visible, turnkey freestanding restaurant building with an existing drive-thru. The property is located along the heavily trafficked Rand Road corridor in Mount Prospect. Drive-thru properties in this submarket are extremely limited. This 2,533 square foot building sits on a 23,391 square foot site. It features a fully built-out commercial kitchen, including black iron hoods, a fire suppression system, a walk-in cooler, and all FF&E included. 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 Road and Central Road, 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. The property is surrounded by dense residential neighborhoods and major national retailers including Menards, Walmart, Aldi, Dunkin, Buona Beef, and Texas Roadhouse. The 25-car parking lot 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. This is a true plug-and-play opportunity in a proven retail corridor and is ideal for QSR, coffee, breakfast, or fast-casual operators looking for immediate market entry and long-term upside.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Joe Donut
Bakery
Kronos
Employment Agency
Location Insight
- Map
- Local Demand
- City
- Mount Prospect
- County
- Cook
- State
- Illinois
- Longitude
- -87.9271877
- Latitude
- 42.0726778
Nearby Similar for Sale
FAQs
What type of property is this?
Drive through restaurant - Freestanding restaurant with drive-thru on Rand Road corridor.
Where is this drive through restaurant located?
The property is located at 720 E Rand Road Mount Prospect, IL.
What is the asking price?
The asking price for this property is $1,499,000.
What are key features of this property?
This property features: 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.
