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Mount Prospect Retail Space Available
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940-1100 East Rand Road, Mount Prospect, IL 60056

Retail space in a grocery and soft-goods anchored shopping center.

Space SizeContact for details
Property Size230,884 SF
Days on Market285

Property Features for 940-1100 East Rand Road

General Information

Standard status Active
Size 230,884 SF
Property subtype Retail

Building Details

Building Size 230,884 SF
Listing Agency: Mid-America Real Estate Group | Oakbrook Terrace
Listed By: Kate Ruzevich
Source: Midamericagrp
Added: Nov 24, 2025 Changed: Sep 5 Last Checked: Sep 5 at 6:59AM

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 Mid-America Real Estate Group | Oakbrook Terrace

Investment Insights

Based on property information with market context.

This retail space is located within a grocery and soft-goods anchored shopping center featuring Aldi, Burlington, Marshalls, Ross, LA Fitness, Dollar Tree, and Five Below. The property is situated in Mount Prospect, Illinois, a densely populated and affluent northwest Chicago suburb. It is positioned along the East Rand Road retail corridor, at the northeast corner of East Rand Road and Central Road, which experiences an average daily traffic of 56,400 vehicles. The available space measures 5,004 square feet.

Key Highlights

  • Grocery and soft‑goods anchored shopping center featuring Aldi, Burlington, Marshalls, Ross, LA Fitness, Dollar Tree, and Five Below.
  • Located in Mount Prospect, Illinois.
  • Densely populated, affluent northwest Chicago suburb location.

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Restaurant Auto Parts Store Hair Salon Hotel & Motel Barber Shop

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

810
Businesses Nearby
446k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Superstores 25% Apparel 22% Dining 19% Shops & Services 13%
Walmart Superstores
110,749 visits/mo 0.2 miles
Menards Home Improvements & Furnishings
53,779 visits/mo 0.4 miles
Marshalls Apparel
44,268 visits/mo 0.2 miles
Burlington Apparel
33,037 visits/mo 0.2 miles
Texas Roadhouse Dining
30,063 visits/mo 0.2 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
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Similar Off Market Nearby

  • Mount Prospect Plaza 1084 Mt Prospect Plaza, Mt Prospect, IL 60056

Frequently Asked Questions

What type of property is this?
Shopping center - Retail space in a grocery and soft-goods anchored shopping center.
Where is this shopping center located?
The property is located at 940-1100 East Rand Road Mount Prospect, IL.
What are key features of this property?
This property features: Grocery and soft‑goods anchored shopping center featuring Aldi, Burlington, Marshalls, Ross, LA Fitness, Dollar Tree, and Five Below.; Located in Mount Prospect, Illinois.; Densely populated, affluent northwest Chicago suburb location.
More about this property
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