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    201-225 W Rand Rd Mt Prospect, IL 60056

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    For Lease
    Contact for pricing

    Grocery store space with high visibility and loading dock.

    Property size:
    33,414 SF
    Lot size:
    9.47 Acres

    Property Features for 201-225 W Rand Rd

    General Information

    Size
    33,414 SF
    Lot size
    9.47 Acres

    Source: GreatStreet Realty Partners, LLC Agent Sully Stadler

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

    Overview

    Retail Space on Rand Road

    This retail property offers 33,414 square feet of space. The property is a fully built-out grocery store with one dock-high loading door. It benefits from high visibility, with 27,000 vehicles per day on Rand Road. The location features a top-performing Northern Tool and Crunch Fitness.
    Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Similar Places Nearby

    Jewel-Osco

    Location Insight

    • Map
    • Local Demand
    City
    Mt Prospect
    County
    Cook
    State
    Illinois
    Longitude
    -87.940544
    Latitude
    42.082723

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    FAQs

    What type of property is this?
    Grocery and convenience store - Grocery store space with high visibility and loading dock.
    Where is this grocery and convenience store located?
    The property is located at 201-225 W Rand Rd Mt Prospect, IL.
    What are key features of this property?
    This property features: - Fully built out grocery store; - Visibility to 27,000 VPD on Rand Road; - Top performing Northern Tool as tenant
    (847) 981-8090
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    201-225 W Rand 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
    201-225 W Rand Rd Mt Prospect, IL 60056
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