IL
Cook
Mount Prospect
60056
720 E Rand Road
720 E Rand Road, Mount Prospect, IL 60056
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Listing Type
Commercial/Industrial
Listing Status
Active
63
$1,350,000

Home Details for 720 E Rand Road

Price
$1,350,000
Type
Commercial Sale
Year built
1994
Lot size acres
0.537
County
Cook
MLS Listing#
12705773
Property Description

**BANK PRE-APPROVED SHORT SALE-AN OUTSTANDING OPPORTUNITY TO ACQUIRE A TURNKEY RESTAURANT PROPERTY AT AN EXCEPTIONAL VALUE!** Don't miss what may be one of the best commercial real estate opportunities of the year! This freestanding, 2,533-square-foot masonry restaurant sits on a 23,391-square-foot site in Mount Prospect's highly active Rand Road retail and fast-food corridor. The property offers existing drive-thru capability with a curb cut on Rand Road, approximately 25 parking spaces, excellent visibility, and exposure to approximately 17,600 vehicles per day. Located just south of the signalized intersection of Rand Road and Central Road-and directly across from Menards. This property is surrounded by major retailers and restaurants, including Walmart, Aldi, Subway, Bowlero, Texas Roadhouse, Buona Beef, and Dunkin'. With B-5 zoning, this is an excellent opportunity for restaurant operators, owner-users, investors, and entrepreneurs seeking a high-visibility suburban location. The building is fully built out and ready for operation, featuring a complete commercial kitchen, black iron exhaust hoods, fire-suppression systems, a walk-in cooler, and included furniture, fixtures, and equipment. Additional improvements include a modern facade, updated windows, upgraded rooftop heating and HVAC equipment, tuckpointing, and 200-amp electrical service. The property also features a second floor, offering the potential-subject to municipal approval-to expand upward or create an outdoor second-floor dining area. Convenient access to area highways and public transportation further strengthens this exceptional location. **Absolute turnkey condition** Bring your concept and take advantage of this rare short-sale opportunity! Please do not disturb the current operator. Contact the listing broker to schedule a private showing.

Property Features
  • Utilities
    • Natural Gas Available
    • Sewer Connected
    • Water Available
    • Cable Available
  • Cooling Information
    • Central Air
Listing Courtesy: RE/MAX At Home - 847-255-1000
Midwest Real Estate Data logo Based on information submitted to the MLS GRID as of 2026-07-22 02:20:14. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last Updated: 2026-07-22 02:20:14
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2775 Algonquin Rd Suite 350, Rolling Meadows, IL 60008
Office
773 250 7410
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