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Mixed-Use Center with Cinema
For Lease
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1025 Center Dr, Mt Prospect, IL 60056

Open-air mixed-use center offering second-floor office space, a 12-screen cinema, and a 140-room hotel along 69,000 VPD.

Space Size68,743 SF
Days on Market641

Property Features for 1025 Center Dr

General Information

Standard status Active
Size 68,743 SF
Property subtype RETAIL

Spaces For Lease

at 1025 Center Dr
Building B AVAILABLE, Now
Floor Lower Level
Size 68,743 SF
Type RETAIL
Rate Contact for pricing
Sublease No
- Randhurst Village is the exciting redevelopment of Randhurst Mall into a vibrant, open-air mixed-use center - Features new national and regional retailers, a 12-screen state-of-the-art cinema, second-floor office space and a 140-room hotel - all set in an inviting streetscape - This is a popular destination for trade area residents and visitors - Traffic count of 69,000 VPD
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Listing Agency: DLC Management Corp - Corporate
Listed By: Dan Nieman · License #346134
Source: Moodyscre
Added: Jan 21, 2025 Changed: Oct 10 Last Checked: Oct 23 at 9:15AM

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 DLC Management Corp - Corporate

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Investment Insights

Based on property information with market context.

Randhurst Village is the redevelopment of Randhurst Mall into an open-air mixed-use center with a curated mix of new national and regional retailers.

The property includes a 12-screen state-of-the-art cinema, second-floor office space, and a 140-room hotel, all arranged within an inviting streetscape. It serves as a destination for trade area residents and visitors and is supported by traffic count of 69,000 VPD.

For leasing, this center provides multiple revenue-producing components within a single redeveloped campus, combining entertainment, hospitality, and office space alongside retail.

Key Highlights

  • Open‑air mixed‑use redevelopment of Randhurst Mall into Randhurst Village
  • Includes a 12‑screen state‑of‑the‑art cinema
  • Includes second‑floor office space

Property Analytics

Current Use

mEYEwear Optical Eye Care Center HomeGoods Department Store

Suggested Use

Top Pick Barber Shop Auto Parts Store (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Hotel & Motel Wine and Liquor Store

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

1,084
Businesses Nearby
45k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 64% Shops & Services 36%
Starbucks Dining
17,752 visits/mo 0.2 miles
Chase Bank Shops & Services
11,560 visits/mo 0.2 miles
Dunkin' Donuts Dining
5,195 visits/mo 0.3 miles
Le Peep Dining
4,762 visits/mo 0.2 miles
Huntington Bank Shops & Services
2,427 visits/mo 0.1 miles

Demographics for 60056, IL

57,177
Population
23,202
Households
2.5
Avg Household Size
41
Median Age
49%
College-Educated
92%
High-School Grad
10.9 sq mi
ZIP Area
5,246
Density / Sq Mi
$104,168
Median Household Income
$54,158
Median Earnings
$1,456
Median Rent
$376,300
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Similar Off Market Nearby

  • Clocktower Place — 100-110 W Northwest Hwy, Mt Prospect, IL 60056
  • Mount Prospect Plaza — 1084 Mt Prospect Plaza, Mt Prospect, IL 60056

Frequently Asked Questions

What type of property is this?
Shopping center - Open-air mixed-use center offering second-floor office space, a 12-screen cinema, and a 140-room hotel along 69,000 VPD.
Where is this shopping center located?
The property is located at 1025 Center Dr Mt Prospect, IL.
What are key features of this property?
This property features: Open‑air mixed‑use redevelopment of Randhurst Mall into Randhurst Village; Includes a 12‑screen state‑of‑the‑art cinema; Includes second‑floor office space
(704) 796-2437 Call to check price and availability
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