Financial
Distress signals
Property profile

1 Rand Rd Mount Prospect, IL 60056

OFF-MARKET
Retail space
Property ID
US28-2709714
2.18 ac lot Built 2000
Last sale Aug 2000 · $3,750,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 24-yr Hold Held for 24 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional retail opportunity presents 22,000 square feet of vacant space at 1 East Rand Road in Mount Prospect, Illinois, within Cook County. The property is ideally situated at the intersection of Rand, Kensington, and Main (Route 83), offering unparalleled visibility and accessibility. This multi-tenant building allows for flexible leasing options, with spaces ranging from a minimum of 1,000 square feet to a maximum contiguous space of 12,000 square feet. The property's strategic

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$171k
Tax billed · 2022
Assessed value$601k
Assessed land$356k
Assessed improvement$245k
Effective rate28.52%

Value estimate

· Sep 2026
$295k
$266k – $325k
AI approach$295k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$149/SF
County average, outlier-cleaned · 2350 recorded sales of this use type
Observed band · Q1–Q3$70 – $271

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionCOOK

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency52.7
Restaurant38.6
Auto Repair Shop29.4

Location

1 Rand Rd Mount Prospect, IL 60056-2141
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 14 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1470 Elmhurst, Mount Prospect, IL 60056-5204 $1,360,000 Jan 2026 No data
700 Riv, Mount Prospect, IL 60056-1930 $350,000 Jan 2025 No data
500 Algonquin, Mount Prospect, IL 60056-6207 $1,800,000 Dec 2024 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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