Listing Agency: Brown Commercial Group Inc c***@browncommercial.com Show Phone

Listed By: Collin Tyrrell · License #IL

Source: Crexi

Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 1:55PM

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Investment Insights

Based on property information with market context.

This office condominium is located at 832 E. Rand Road in Mount Prospect, Illinois 60056. The property is positioned within the Mount Prospect business district and is identified as an office unit suitable for professional commercial use.

Key Highlights

• Office condominium property
• Located at 832 E. Rand Road, Mount Prospect, IL 60056
• Situated in the Mount Prospect business district

Property Analytics

Current Use

Maine Dental Laboratory Dental Office Monway Express LLC Freight Service Farmers Insurance - Stan ... Insurance Agency Prime Appraisal Services, ... Real Estate Agency FDM CORPORATION Real Estate Agency

Suggested Use

Top Pick Barber Shop Auto Parts Store (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Daycare Center Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

739

Businesses Nearby

Explore this area Business Placement

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 Office in Midwest region

13.7% 2019

15.6% 2020

17.1% 2021

18.9% 2022

21% 2023

22% 2024

21.3% 2025

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Frequently Asked Questions

What type of property is this?

Office units - Professional office space along E. Rand Road in Mount Prospect, Illinois.

Where is this office units located?

The property is located at 832 E Rand Road Mount Prospect, IL.

What are key features of this property?

This property features: Office condominium property; Located at 832 E. Rand Road, Mount Prospect, IL 60056; Situated in the Mount Prospect business district