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    1065-1069 N Elmhurst Rd Mount Prospect, IL 60056

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    For Sale
    $3,856,340

    Retail property with strong tenant lineup in Chicago MSA.

    Property size:
    6,809 SF
    Lot size:
    69.21 Acres

    Property Features for 1065-1069 N Elmhurst Rd

    General Information

    Size
    6,809 SF
    Lot size
    69.21 Acres

    Source: Northmarq | Atlanta Agent Maggie Holmes

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

    Overview

    Retail Property in Mount Prospect

    This retail property is an outparcel to a super regional mixed-use center, Randhurst Village, a shopping destination. It benefits from a strong tenant lineup with long-term operating histories, including a Panera Bread with a full-service drive-thru. The location offers direct vehicle visibility with connectivity and is situated within a dense residential community near a school district. The property is located within the Chicago MSA, the 3rd largest MSA in the U.S., and benefits from proximity to economic drivers and major commercial activity. The property has affluent demographics. The property size is 6,809 square feet.
    Location Intelligence

    Current Use by Public Records

    Drive through restaurants

    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
    -87.936876
    Latitude
    42.084851

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    FAQs

    What type of property is this?
    Drive through restaurant - Retail property with strong tenant lineup in Chicago MSA.
    Where is this drive through restaurant located?
    The property is located at 1065-1069 N Elmhurst Rd Mount Prospect, IL.
    What is the asking price?
    The asking price for this property is $3,856,340.
    What are key features of this property?
    This property features: - Strong tenant lineup with long-term operating histories.; - Panera Bread full-service drive-thru.; - Outparcel to 1M+ SF super regional mixed-use center.
    (404) 823-6360
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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
    1065-1069 N Elmhurst Rd Mount Prospect, IL 60056
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