Mount Prospect, IL Restaurants for sale

Updated: May 6, 2024

Retail Property in Mount Prospect

1065-1069 N Elmhurst Rd, Mount Prospect, IL

$3,856,340

6,809 sqft 69.21 AC lot

Strong tenant lineup with long‑term operating histories.
Panera Bread full‑service drive‑thru.
Outparcel to 1M+ SF super regional mixed‑use center.
Randhurst Village - top shopping destination.
Chicago MSA - 3rd largest MSA in the U.S.

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This listing looks promising.

Here's a quick look at some key insights for

1065-1069 N Elmhurst Rd, Mount Prospect, IL

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Est. Cap Rate

3%
NOI ÷ price
Est. NOI

$114K
Annual
Price @ 7% Cap

$1.63M
Suggested

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Updated: Jul 20

Freestanding Drive-Thru Restaurant

720 E Rand Road, Mount Prospect, IL 60056

$1,350,000

0.54 AC lot

2,533 SF freestanding masonry restaurant on a 23,391 SF site in Mount Prospect’s Rand Road retail/fast‑food corridor
Drive‑thru capability with a curb cut on Rand Road plus approximately 25 parking spaces
B‑5 zoning; second floor offers potential (subject to municipal approval) to expand upward or add outdoor second‑floor dining
Complete commercial kitchen with black iron exhaust hoods, fire‑suppression system, and a walk‑in cooler
Included furniture, fixtures, and equipment; Roof: membrane; Central Air; 200‑amp electrical service

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Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 2 Active listings in Mount Prospect, IL, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 1 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

High Traffic Restaurant with Gaming

241 S Milwaukee Avenue, Wheeling, IL 60090

$2,099,000

12,000 sqft

Restaurant with gaming in high-traffic location for sale.

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Mixed-Use Retail and Residential Building

1330 Webford Avenue, Des Plaines, IL 60016

$399,900

0.21 AC lot

Private courtyard and flexible C-13 zoning support a variety of retail, office, and restaurant uses.

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Free-Standing Restaurant with Outdoor Seating

260 S Milwaukee Avenue, Wheeling, IL 60090

$799,900

0.73 AC lot

Free-standing restaurant building on a large parcel with 30 parking spaces and indoor plus outdoor dining for 40-plus guests.

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Turn-Key Restaurant with Drive-Thru

20 W Golf Rd, Des Plaines, IL

$925,000

2,800 sqft 0.52 AC lot

2,800 SF turn-key restaurant with drive-thru and ample parking.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Rand Road Development Opportunity

20420 N Rand Road, Deer Park, IL 60074

$2,500,000

1.94 AC lot

1.91 AC land with Rand Road frontage near retail.

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Commercial Land in Itasca, IL

100 S Walnut Street, Itasca, IL 60143

Contact for pricing

0.17 AC lot

Commercial land available for sale in Itasca, Illinois.

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Addison Land For Sale

133 E Lake Street, Addison, IL 60101

$999,999

0.89 AC lot

Located in the heart of Addison, zoned B2.

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Vacant Lot in Algonquin Center

Ryan Parkway lot: 4 B, Algonquin, IL 60101

$120,000

0.32 AC lot

Commercial land in Algonquin town center near major retailers.

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Off-Market Properties in Mount Prospect, IL

Consider similar Off-Market properties in Mount Prospect, IL. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

Restaurants

1710-1784 Golf Rd, Mount Prospect, IL 60056

Value Estimation by Request

47,815 sqft

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Mount Prospect, IL Restaurants Market Trends and Statistics

Explore 3 restaurants for sale in Mount Prospect, IL on our real estate platform. These investment opportunities span a total of 6,809 square feet of properties for sale, with an estimated market value of $3,856,340.

Sale prices for restaurant properties in Mount Prospect, IL start at $3,856,340, averaging $3,856,340, and reaching up to $3,856,340 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
60056	$844K

Neighborhood

Average Price

60056

$844K

Mount Prospect, IL Restaurants for Sale

1065-1069 N Elmhurst Rd, Mount Prospect, IL

720 E Rand Road, Mount Prospect, IL 60056