REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,350,000
Est. payment | /mo
2,533 SqFt
$ 1,350,000
Est. payment | /mo
2,533 SqFt
Key Details
Property Type Commercial
Sub Type Retail/Stores
Listing Status Active
Purchase Type For Sale
Square Footage 2,533 sqft
Price per Sqft $532
MLS Listing ID 12705773
Year Built 1994
Annual Tax Amount $39,701
Tax Year 2023
Lot Size 0.537 Acres
Lot Dimensions 289.8X29.8X241.6X147.3
Property Sub-Type Retail/Stores
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.
Location
State IL
County Cook
Area Mount Prospect
Zoning RTAIL
Interior
Cooling Central Air, Chillers
Flooring Concrete, Tile, Varies
Fireplace N
Exterior
Utilities Available Electric to Site, Natural Gas Available, Sewer Connected, Water Available, Cable Available
Roof Type Membrane,Reflective Coating
Building
Dwelling Type Retail/Stores
Sewer Storm Sewer
Water Community Water, Municipal Water
Structure Type Brick,Concrete,Block
© 2026 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Basel Tarabein of RE/MAX At Home