x
Showing 1 of 0
X
Save

720 E Rand Road
Mount Prospect IL 60056 US

$1,599,000

Active Listing ID 12607080
lot icon
Lot: 0.54 Acres
home icon
Retail

$1,599,000

Active Listing ID 12607080
Save

720 E Rand Road Rare opportunity to acquire a highly visible, turnkey freestanding restaurant building with existing drive-thru along the heavily trafficked Rand Road corridor in Mount Prospect. Drive-thru properties in this submarket are extremely limited, making this an ideal opportunity for QSR, coffee, breakfast, or fast-casual operators looking for immediate market entry and long-term upside. This 2, 533 SF building sits on a 23, 391 SF site and features a fully built-out commercial kitchen, including black iron hoods, fire suppression system, walk-in cooler, and all FF&E included-allowing for a seamless transition and significantly reduced startup costs. The property has been well maintained with a modernized facade, updated windows, upgraded rooftop HVAC, 200-amp electrical service, and recent tuckpointing. Positioned just south of the intersection of Rand Rd & Central Rd, the site benefits from exceptional visibility, strong signage potential, and convenient access, including an existing curb cut and drive-thru infrastructure. With over 17, 000 vehicles per day, this location offers consistent exposure in a very active retail corridor. Surrounded by dense residential neighborhoods and major national retailers including Menards, Walmart, Aldi, Dunkin, Buona Beef, and Texas Roadhouse, the property is ideally situated to capture steady consumer demand. The 25-car parking lot (side and rear) supports high-volume operations, while the B-5 zoning allows for a variety of retail and restaurant uses. Additional upside includes a second-floor area with potential for expansion or outdoor dining, creating added value for owner-users or investors. This is a true plug-and-play opportunity in a proven retail corridor-perfect for operators looking to scale or investors seeking a high-demand asset with strong fundamentals.

Collapse all

Property Features

  • Facts
  • Lot Size: 0.54 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Retail
  • Features
  • Cooling System: Central Air
  • Floor Covering: Varies, Tile, Concrete
  • Roof Type: Membrane

Property

  • propertytype: Commercial Sale
  • propertysubtype: Retail
  • listprice: 1599000
  • unparsedaddress: 720 E Rand Road
  • postalcity: Mount Prospect
  • stateorprovince: IL
  • country: US
  • postalcode: 60056
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.537
  • lotsizeunits: Acres
  • lotsizearea: 0.537
  • livingarea: 0
  • livingareaunits: Square Feet
  • listagentfullname: Teresa Stultz
  • listagentemail: stultzteam@plproperties.com
  • listagentkey: 3yd-MREDIL-7683
  • listagentmlsid: 7683
  • listagentpreferredphone: (630) 377-1646
  • listagentofficephone: 6302055568
  • listofficekey: 3yd-MREDIL-37
  • listofficemlsid: 37
  • disclaimer: Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MREDIL
  • yearbuilt: 1994
  • listingcontractdate: 2026-04-01
  • listagentfax: 8478884490
  • listagenturl: http://www.plproperties.com
  • countyorparish: Cook
  • parcelnumber: 03344070140000
  • cooling: Central Air
  • constructionmaterials: Brick, Concrete, Block
  • flooring: Varies, Tile, Concrete
  • numberofunitstotal: 1
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 0
  • roof: Membrane
  • waterfrontyn: False
  • franchiseaffiliation: None
  • utilities: Cable Available
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Premier Living Properties", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"stultzteam@plproperties.com", "ListBrokerageCity":"St. Charles", "ListBrokerageCountry":"US", "ListBrokerageEmail":"amanda@plproperties.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/MREDIL/c5ababc31fb34c31011fb3cf93990055/20190212153213963.png", "ListBrokerageName":"Premier Living Properties", "ListBrokeragePhone":"(630) 377-1646", "ListBrokeragePostalCode":"60174", "ListBrokerageStateOrProvince":"IL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"612 W. Main St.", "ListBrokerageWebsiteUrl":"http://www.plproperties.com", "ListOfficeAddress1":"612 West Main St ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"37", "ListOfficeCity":"St. Charles", "ListOfficeCountry":"USA", "ListOfficeEmail":"amanda@plproperties.com", "ListOfficePostalCode":"60174", "ListOfficeStateOrProvince":"IL", "ListPriceCurrencyType":"USD", "ListingTitle":"COMMERCIAL - Mount Prospect, IL", "ListingURL":null, "MLSModificationTimestamp":"2026-04-02 08:01:35", "Neighborhoods":[{"Description":null, "Name":"Mount Prospect"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":43811, "TaxDescription":null, "TaxYear":"2024"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 4/2/2026 8:11:35 AM GMT
Source Updated Date: 4/3/2026 6:58:40 PM GMT

Courtesy of: Teresa Stultz, Premier Living Properties, stultzteam@plproperties.com

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.