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Open-Air Mixed-Use Retail Center
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1025 Center Dr, Mt Prospect, IL 60056

Randhurst Village is a redevelopment with a 12-screen cinema and high-traffic visibility at 69,000 VPD.

Property Size3,436 SF
Days on Market1287

Property Features for 1025 Center Dr

General Information

Standard status Active
Size 3,436 SF
Property subtype RETAIL

Additional Details

Business Included No
Traffic Count 69,000 vehicles/day
Listing Agency: DLC Management Corp - Corporate
Listed By: Dan Nieman
Source: Moodyscre
Added: Jan 20, 2023 Changed: Jul 28 Last Checked: Jul 30 at 9:37AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of DLC Management Corp - Corporate

Investment Insights

Based on property information with market context.

Randhurst Village is the redevelopment of Randhurst Mall into a vibrant, open-air mixed-use center featuring new national and regional retailers, a 12-screen state-of-the-art cinema, second-floor office space, and a 140-room hotel, all set within an inviting streetscape.

Located at 1025 Center Dr in Mt Prospect, Illinois, the property serves as a popular destination for trade area residents and visitors, supported by a traffic count of 69,000 vehicles per day.

Key Highlights

  • Redevelopment of Randhurst Mall into an open‑air mixed‑use center
  • 12‑screen state‑of‑the‑art cinema
  • Includes second‑floor office space and a 140‑room hotel

Property Analytics

Current Use

mEYEwear Optical Eye Care Center HomeGoods Department Store

Suggested Use

Top Pick Barber Shop Auto Parts Store (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Hotel & Motel Wine and Liquor Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

69,000 VPD
Traffic count
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,084
Businesses Nearby
45k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 64% Shops & Services 36%
Starbucks Dining
17,752 visits/mo 0.2 miles
Chase Bank Shops & Services
11,560 visits/mo 0.2 miles
Dunkin' Donuts Dining
5,195 visits/mo 0.3 miles
Le Peep Dining
4,762 visits/mo 0.2 miles
Huntington Bank Shops & Services
2,427 visits/mo 0.1 miles

Demographics for 60056, IL

57,177
Population
23,202
Households
2.5
Avg Household Size
41
Median Age
49%
College-Educated
92%
High-School Grad
10.9 sq mi
ZIP Area
5,246
Density / Sq Mi
$104,168
Median Household Income
$54,158
Median Earnings
$1,456
Median Rent
$376,300
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Similar Off Market Nearby

  • Mount Prospect Plaza — 1084 Mt Prospect Plaza, Mt Prospect, IL 60056
  • Clocktower Place — 100-110 W Northwest Hwy, Mt Prospect, IL 60056

Frequently Asked Questions

What type of property is this?
Shopping center - Randhurst Village is a redevelopment with a 12-screen cinema and high-traffic visibility at 69,000 VPD.
Where is this shopping center located?
The property is located at 1025 Center Dr Mt Prospect, IL.
What are key features of this property?
This property features: Redevelopment of Randhurst Mall into an open‑air mixed‑use center; 12‑screen state‑of‑the‑art cinema; Includes second‑floor office space and a 140‑room hotel
(704) 796-2437 Call to check price and availability
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