720 E Rand Rd 2,229 SF Retail Building Mount Prospect, IL 60056 $2,000,000 ($897.26/SF)
INVESTMENT HIGHLIGHTS
- Highly-desirable Location
- Land and Building For Sale
- Current Successful Business for Sale
EXECUTIVE SUMMARY
Opportunity to Own Your Own Restaurant or the Building & Land!
Looking to become a restaurant, building or land owner? This turn-key restaurant is available for sale with a licensing option or purchase the building and property to launch your own business.
Ideal for a QSR, coffee shop, or breakfast eatery, with the flexibility to tailor the deal to your needs.
Prime location at a high-traffic intersection with 25K+ daily vehicles.
Situated on the pad site of Menards, near Wal-Mart and a major national shopping center.
Renovated in 2024, now featuring a drive-thru, essential for capturing drive-thru customers.
Single-tenant building with second-story storage space.
Located in Mt. Prospect’s Commercial District — an opportunity you don’t want to miss!
Looking to become a restaurant, building or land owner? This turn-key restaurant is available for sale with a licensing option or purchase the building and property to launch your own business.
Ideal for a QSR, coffee shop, or breakfast eatery, with the flexibility to tailor the deal to your needs.
Prime location at a high-traffic intersection with 25K+ daily vehicles.
Situated on the pad site of Menards, near Wal-Mart and a major national shopping center.
Renovated in 2024, now featuring a drive-thru, essential for capturing drive-thru customers.
Single-tenant building with second-story storage space.
Located in Mt. Prospect’s Commercial District — an opportunity you don’t want to miss!
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,229 SF
Building Class
C
Year Built/Renovated
1994/2024
Price
$2,000,000
Price Per SF
$897.26
Tenancy
Single
Building Height
2 Stories
Building FAR
0.09
Lot Size
0.55 AC
Zoning
B-4 - Corridor Commercial District
Parking
26 Spaces (11.66 Spaces per 1,000 SF Leased)
Frontage
293’ on E. Rand
AMENITIES
- Signage
- Drive Thru
Walk Score®
Very Walkable (70)
Bike Score®
Very Bikeable (74)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 03-34-407-014-0000 | Improvements Assessment | $84,314 (2024) |
| Land Assessment | $58,478 (2024) | Total Assessment | $142,792 (2024) |
CONTACT
-
Cathy Jama -
CJ Commercial Real Estate Solutions
