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    91-98 Randhurst Village Dr Mt Prospect, IL

    For Lease
    Contact for pricing

    Redeveloped open-air mixed-use center with retail and entertainment options.

    Property size:
    6,262 SF
    Lot size:
    53.56 Acres

    Property Features for 91-98 Randhurst Village Dr

    General Information

    Size
    6,262 SF
    Lot size
    53.56 Acres

    Source: DLC Management Corp - Corporate Agent Dan Nieman

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

    Overview

    Randhurst Village Retail Opportunity

    Randhurst Village represents the redevelopment of Randhurst Mall into an open-air mixed-use center. The property features 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. Available space is approximately 6,262 square feet.
    Location Intelligence

    Current Use by Public Records

    Shopping malls

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Hair Salon Dental Office Clothing Store Nail Salon Food Market Grocery Store

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

    Similar Places Nearby

    Clocktower Place

    Location Insight

    • Map
    • Local Demand
    City
    Mt Prospect
    County
    Cook
    State
    Illinois
    Longitude
    -87.9372908
    Latitude
    42.0664167

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    FAQs

    What type of property is this?
    Shopping center - Redeveloped open-air mixed-use center with retail and entertainment options.
    Where is this shopping center located?
    The property is located at 91-98 Randhurst Village Dr 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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    91-98 Randhurst Village Dr Mt Prospect, IL
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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
    91-98 Randhurst Village Dr Mt Prospect, IL
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