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Mount Prospect Retail Space Available
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940-1100 E Rand Rd, Mount Prospect, IL

Retail space in a grocery and soft-goods anchored shopping center.

Property Size5,004 SF
Lot Size26.45 Acres
Days on Market1220

Property Features for 940-1100 E Rand Rd

General Information

Standard status Active
Size 5,004 SF
Lot size 26.45 Acres
Property subtype RETAIL
Listing Agency: Mid-America Real Estate Group | Oakbrook Terrace
Listed By: Kate Ruzevich
Source: Moodyscre
Added: Mar 29, 2023 Changed: Jul 10 Last Checked: Jul 30 at 4:36PM

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 Mid-America Real Estate Group | Oakbrook Terrace

Investment Insights

Based on property information with market context.

This retail space is located within a grocery and soft-goods anchored shopping center featuring Aldi, Burlington, Marshalls, Ross, LA Fitness, Dollar Tree, and Five Below. The property is situated in Mount Prospect, Illinois, a densely populated and affluent northwest Chicago suburb. It is positioned along the East Rand Road retail corridor, at the northeast corner of East Rand Road and Central Road, which experiences an average daily traffic of 56,400 vehicles. The available space measures 5,004 square feet.

Key Highlights

  • Grocery and soft‑goods anchored shopping center featuring Aldi, Burlington, Marshalls, Ross, LA Fitness, Dollar Tree, and Five Below.
  • Located in Mount Prospect, Illinois.
  • Densely populated, affluent northwest Chicago suburb location.

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Restaurant Auto Parts Store Hair Salon Hotel & Motel Barber Shop

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

810
Businesses Nearby
446k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Superstores 25% Apparel 22% Dining 19% Shops & Services 13%
Walmart Superstores
110,749 visits/mo 0.2 miles
Menards Home Improvements & Furnishings
53,779 visits/mo 0.4 miles
Marshalls Apparel
44,268 visits/mo 0.2 miles
Burlington Apparel
33,037 visits/mo 0.2 miles
Texas Roadhouse Dining
30,063 visits/mo 0.2 miles

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

Frequently Asked Questions

What type of property is this?
Shopping center - Retail space in a grocery and soft-goods anchored shopping center.
Where is this shopping center located?
The property is located at 940-1100 E Rand Rd Mount Prospect, IL.
What are key features of this property?
This property features: Grocery and soft‑goods anchored shopping center featuring Aldi, Burlington, Marshalls, Ross, LA Fitness, Dollar Tree, and Five Below.; Located in Mount Prospect, Illinois.; Densely populated, affluent northwest Chicago suburb location.
(630) 481-4015 Call to check price and availability
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