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    1 E Rand Rd Mount Prospect, IL 60056

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    For Lease
    Contact for pricing

    Retail spaces available near Randhurst Village in Mount Prospect.

    Property size:
    12,000 SF
    Lot size:
    2.18 Acres

    Property Features for 1 E Rand Rd

    General Information

    Size
    12,000 SF
    Lot size
    2.18 Acres

    Source: Baum Realty Agent Doug Renner

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

    Overview

    Retail Space Near Randhurst Village

    Available retail spaces range from approximately 1,000 to 22,000 square feet at the intersection of Rand Road, Kensington Road, and Main Street in Mount Prospect. The property is located across the street from Randhurst Village. Area tenants include O’Reilly Auto Parts, ATI Physical Therapy, Starbucks, Firehouse Subs, AMC Theaters, Bed Bath & Beyond, Costco, Chase Bank, and Jewel-Osco. Traffic counts are approximately 24,400 vehicles per day on Rand Road and 18,400 vehicles per day on Main Street.
    Insight Report Location Intelligence

    Current Use by Public Records

    AT&T Store Cell Phone Store Hair Cuttery Hair Salon Christina Werner Physical Therapist Rush My Passport Visa And Passport Office ATI Physical Therapy Physical Therapy Clinic

    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.

    Location Insight

    • Map
    • Local Demand
    City
    Mount Prospect
    County
    Cook
    State
    Illinois
    Longitude
    -87.936199
    Latitude
    42.080063

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    FAQs

    What type of property is this?
    Retail space - Retail spaces available near Randhurst Village in Mount Prospect.
    Where is this retail space located?
    The property is located at 1 E Rand Rd Mount Prospect, IL.
    What are key features of this property?
    This property features: - High traffic location: 24,400 VPD on Rand Road and 18,400 VPD on Main Street.; - Located across the street from Randhurst Village.; - Space available: ±1,000 sf - 22,000 sf.
    (312) 666-3000
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    1 E Rand Rd Mount 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
    1 E Rand Rd Mount Prospect, IL 60056
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