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720 E Rand Road Mount Prospect, IL 60056

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New
For Sale
$1,599,000

COMMERCIAL - Mount Prospect, IL

Type:Retail
Property size:
2,533 SF
Lot size:
0.54 Acres
Added:
Apr 1, 2026
Days on Market:
1
Last Refresh:
Apr 1 at 9:06 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

TaxYear
2024
TaxAnnualAmount
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

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Listing Contact
Teresa Stultz

Listing agent Teresa Stultz License #475137186

Listing office Premier Living Properties 612 West Main St, St. Charles, IL

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.


Overview

Turnkey Restaurant with Drive-Thru

This is a rare opportunity to acquire a highly visible, turnkey freestanding restaurant building with an existing drive-thru. The 2,533 square foot building is located 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. The building sits on a 23,391 square foot site and features a fully built-out commercial kitchen, including black iron hoods, fire suppression system, walk-in cooler, and all FF&E included. This allows 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 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. 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 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.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Joe Donut Bakery Kronos Employment Agency

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Mount Prospect
County
Cook
State
Illinois
Longitude
-87.9271877
Latitude
42.0726778

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 $1,599,000.
What are key features of this property?
This property features: Rare drive‑thru opportunity in a high‑traffic location with over 17,000 vehicles per day.; Turnkey restaurant building (2,533 SF) with fully built‑out commercial kitchen and all FF&E included.; Excellent visibility, strong signage potential, and convenient access on Rand Road.
More about this property
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