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    1033 N Elmhurst Rd Mt Prospect, IL 60056

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    For Lease
    Contact for pricing

    Open-air retail space in a vibrant mixed-use center.

    Property size:
    1,881 SF
    Lot size:
    69.21 Acres

    Property Features for 1033 N Elmhurst Rd

    General Information

    Size
    1,881 SF
    Lot size
    69.21 Acres

    Source: DLC Management Corp - Corporate Agent Dan Nieman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Redeveloped Mixed-Use Retail Space

    The property is located within Randhurst Village, a redeveloped mixed-use center formerly known as Randhurst Mall. The open-air center features a mix of national and regional retailers, a 12-screen cinema, second-floor office space, and a 140-room hotel. The location is a destination for trade area residents and visitors. The property has a traffic count of 69,000 vehicles per day and a size of 1,881 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    UPS Access Point ... Shipping And Mailing Service Aaron Brothers Picture Frame Shop

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Similar Places Nearby

    Randhurst Commons Shopping Center, Randhurst Village, Coinstar Kiosk Bitcoin Enabled, Coinstar Kiosk, Coinstar Kiosk | Bitcoin ATM

    Location Insight

    • Map
    • Local Demand
    City
    Mt Prospect
    County
    Cook
    State
    Illinois
    Longitude
    -87.936876
    Latitude
    42.084851

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      Retail Space in Randhurst Village

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      Randhurst Village Retail Opportunity

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    FAQs

    What type of property is this?
    Shopping center - Open-air retail space in a vibrant mixed-use center.
    Where is this shopping center located?
    The property is located at 1033 N Elmhurst Rd Mt Prospect, IL.
    What are key features of this property?
    This property features: - Located in Randhurst Village, a vibrant, open-air mixed-use center.; - High traffic count of 69,000 vehicles per day (VPD).; - Features a 12-screen state-of-the-art cinema.
    (704) 796-2437
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    1033 N Elmhurst Rd Mt Prospect, IL 60056
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    Mt Prospect, IL 60056
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1033 N Elmhurst Rd Mt Prospect, IL 60056
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