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    Property profile & analytics

    630 Rand Rd Mount Prospect, IL 60056-1051

    • Gas stations
    • 0.76 lot acres
    OFF-MARKET
    Value Estimation
    $3,940,000
    Last Sale
    Jan 25, 2021
    $3,481,000
    Location Intelligence
    Property ID
    US28-0729582
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • 7-Eleven / Convenience Store
    • Western Union / Money Transfer Service
    • bp / Convenience Store / Car Wash

    Property Details for 630 Rand Rd

    Year built
    2000
    Lot size
    0.76 lot acres
    Property type
    Gas stations
    APN
    03-27-302-018
    APU
    327302018

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $3,970,000

    • CAP approach

      CAP return
      Estimation
      6%
      $3,275,000
      6.5%
      $3,485,000
      7%
      $3,795,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $3,955,000
      Geo Method
      $3,835,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $4,335,000
      Retail
      $3,255,000
      Mixed-Use
      $3,885,000
      Hospitality
      $3,760,000
      Educational
      $3,500,000
      Residential Income
      $3,355,000
      Energy
      $4,315,000
      Income-Based Land
      $4,030,000
      Food Service
      $3,660,000

    Location Insight

    • Map
    • Local Demand
    City
    Mount Prospect
    County
    Cook
    State
    Illinois
    Longitude
    -87.9443
    Latitude
    42.0877
    CBSA code
    16980
    CBSA name
    CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2022
    $112,300
    $105,886
    $305,402
    $411,288
    -
    $423,544
    $1,221,608
    $1,645,152

    Comparable in this City

    • Value Estimation
      $395,000
      0.65 Acres

      1740 Dempster St

      GAS STATION • 0.65 Acres
      1740 Dempster St, Mount Prospect, IL 60056-4802
      View Details
    • Value Estimation
      $585,000
      0.87 Acres

      1798 Elmhurst Rd

      GAS STATION • 0.87 Acres
      1798 Elmhurst Rd, Mount Prospect, IL 60056-5710
      View Details
    • Value Estimation
      $425,000
      1.20 Acres

      300 Kensington Rd

      GAS STATION • 1.20 Acres
      300 Kensington Rd, Mount Prospect, IL 60056-1134
      View Details
    • Value Estimation
      $495,000
      0.60 Acres

      927 Busse Rd

      GAS STATION • 0.60 Acres
      927 Busse Rd, Mount Prospect, IL 60056-4006
      View Details
    • Value Estimation by Request

      2.1 Confidential

      Automotive properties
      0 2.1 Confidential, Mount Prospect, IL 60056
      View Details
    • Value Estimation by Request
      0.54 Acres

      1201 Central Rd

      GAS STATION • 0.54 Acres
      1201 Central Rd, Mount Prospect, IL 60056-2648
      View Details

    Similar Nearby for Sale

    • $2,100,000

      Prime Mt. Prospect Retail Investment

      Established gas station & convenience store with high sales.
      0 2.1 Confidential, Mount Prospect, IL 60056
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    • $6,137,830
      9,260 SF

      Randhurst Village Outparcel Opportunity

      Outparcel to super-regional mixed-use center in Chicago MSA.
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      Turnkey Restaurant Opportunity

      Fully equipped restaurant for sale in Mount Prospect, Illinois.
      1025 S Elmhurst Rd, Mount Prospect, IL 60056
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    • $3,856,340
      6,809 SF

      Retail Property in Mount Prospect

      Retail property with strong tenant lineup in Chicago MSA.
      1065-1069 N Elmhurst Rd, Mount Prospect, IL 60056
      View Details
    • Contact for pricing
      16,568 SF

      Mount Prospect Office Building

      16,568 SF Office, High-Density Parking
      1040 Northwest Hwy, Mount Prospect, IL 60056
      View Details
    • Contact for pricing
      16,568 SF

      Mount Prospect Office/Warehouse Building

      16,568 SF building with office and warehouse space.
      1040 W Northwest Hwy, Mount Prospect, IL 60056
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    Similar Nearby for Lease

    • $18 SF/Yr
      33,011 SF

      Brentwood Square Retail Space

      Mt. Prospect medical office suites available
      1714 Kensington Rd, Mount Prospect, IL 60056
      View Details
    • Contact for pricing
      966,633 SF

      Randhurst Village Retail Center

      Prime Mount Prospect Retail Space Available
      0 Rand Rd & Elmhurst Rd, Mount Prospect, IL 60056
      View Details
    • Contact for pricing
      2,891 SF

      Mount Prospect Retail Space Available

      Retail space in Mount Prospect with high visibility and parking.
      200 Main St, Mount Prospect, IL 60056
      View Details
    • Contact for pricing
      4,182 SF

      Retail Space in Mount Prospect

      Retail space available in a busy Mount Prospect shopping center.
      1000-1080 S Elmhurst Rd, Mount Prospect, IL 60056
      View Details
    • Contact for pricing
      22,000 SF

      Retail Space in Kohl's Center

      Retail spaces available in Kohl's anchored shopping center.
      1500 N Elmhurst Rd, Mount Prospect, IL 60056
      View Details
    • Contact for pricing
      1,908 SF

      Retail Space at Signalized Intersection

      Retail space with high visibility and strong demographics in Mount Prospect.
      1002-1070 S Elmhurst Rd, Mount Prospect, IL 60056
      View Details

    Property Visit Statistics

    • Visits by month
      14.0k
    • Visitors by month
      10.2k
    • Avg Time on site
      8 min
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    630 Rand Rd
    Mount Prospect, IL 60056-1051
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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