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Office Unit with Private Offices
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832 E Rand Road, Mount Prospect, IL 60056

Commercial Lease, Mount Prospect, IL

Space Size1,245 SF
Days on Market108

Property Features for 832 E Rand Road

General Information

Property type Commercial Lease
Property subtype Office
Directions Central Rd to Rand Rd NW on Rand to Thunderbird office
Subdivision Mount Prospect
Standard status Active

Utilities

Cooling system Central Air

Building Details

Year built 1987
Floors in Building 1
Building materials Brick
Listing Agency: HomeSmart Connect LLC · HomeSmart International
Listed By: Elzbieta Stasinski
Added: Jun 20 Changed: Aug 19 Last Checked: Oct 5 at 4:06PM
MLS# 12684115

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1,245-square-foot office condominium at Thunderbird Office Complex provides a brick-built professional workspace with three private offices, a large conference room, and an open reception and clerical area. Additional space can accommodate offices or a file room, with dedicated storage also included. Central air supports year-round comfort.

Built in 1987, the unit is located at 832 E Rand Road in Mount Prospect, Illinois. Its layout combines enclosed offices, collaborative meeting space, front-of-house reception, and support areas within a single office suite.

Key Highlights

  • 1,245 SF office condominium in Thunderbird Office Complex
  • Three private offices plus a large conference room
  • Open reception and clerical area

Property Analytics

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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 Catering Service Daycare Center

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

739
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - Brick office condominium with private offices, conference space, reception, storage, and central air.
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: 1,245 SF office condominium in Thunderbird Office Complex; Three private offices plus a large conference room; Open reception and clerical area
More about this property
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