List Search

720 E Rand Rd
Mount Prospect, IL 60056 Des Plaines/Arlington Hts Corridor

$1,599,000 USD

Fast Food For Sale  •  2,229 SF

Property Details

  • Property Type Fast Food
  • Total Building Size 2,229 SF
  • Lot Size 0.55 AC
  • Building Class C
  • Year Built 1994
  • Tenancy Single
  • Zoning B-4
30 Transit Score
50 Walk Score

Description

?? RARE DRIVE-THRU OPPORTUNITY | TURNKEY FAST-CASUAL RESTAURANT | RAND ROAD CORRIDOR
Seize this exceptional chance to acquire one of the most coveted drive-thru-enabled properties in Chicago's densely populated northwest suburbs. Located at 720 E. Rand Road in Mount Prospect, this fully built-out, turnkey restaurant building sits in the heart of one of the region's most proven and trafficked retail corridors — a location that simply does not come available often.
THE PROPERTY
This freestanding masonry building offers 2,533 SF of fully operational fast-food/QSR space on a generous 23,391 SF lot (approx. 0.54 acres) — zoned B-5 for maximum commercial flexibility. The existing drive-thru with dedicated curb cut directly on Rand Road is a game-changer: drive-thru-capable sites in this submarket are extraordinarily scarce, and this one is already fully permitted and operational. Skip the years of entitlement headaches and step directly into a high-performing location.
TRULY TURNKEY — NOTHING LEFT TO DO
This is not a shell — it is a completely finished, restaurant-ready facility. All furniture, fixtures & equipment are included: full commercial kitchen with all black iron hoods and fire suppression systems, walk-in cooler, 25-space parking lot, modern façade, updated windows, upgraded rooftop HVAC, fresh tuckpointing, and 200-amp electric service. The second floor presents a compelling value-add opportunity — envision a rooftop or elevated outdoor dining terrace that would make this concept truly destination-worthy.
THE LOCATION — WHERE THE NUMBERS SPEAK
Positioned just south of the signalized intersection of Rand Road and Central Road, this site captures 17,600+ vehicles per day with outstanding visibility, monument signage potential, and effortless ingress/egress. Surrounded by some of the strongest retail co-tenancy in the northwest suburbs: Menards (directly adjacent), Walmart, ALDI, Texas Roadhouse, Dunkin', Buona Beef, Subway, and Bowlero. Dense residential neighborhoods surround the corridor, fueling consistent, day-part-diverse consumer demand. Excellent proximity to regional highways and Metra/pace public transit further extends your customer draw.
IDEAL FOR:

QSR / Fast Casual Operators (coffee, donut, breakfast, chicken, burgers, tacos)
Franchise Repositioning / New Concept Entry
Owner-Users Seeking Below-Replacement-Cost Acquisition
Investors Seeking NNN Leased Asset Upside

BOTTOM LINE
Drive-thru properties in high-traffic suburban Chicago corridors don't last. This is a ready-to-operate, fully equipped, strategically positioned asset with immediate revenue potential and long-term appreciation fundamentals. Whether you're an expanding operator or a savvy investor, 720 E. Rand Road checks every box.
Do not disturb tenant. Contact listing broker for all showings, financials, and tours.

Highlights

Highly Trafficked Area
Drive Through
Turnkey Operation

Amenities

  • Signage
  • Drive Thru

Public Transportation

Commuter RailDriveWalkDistance
Mount Prospect Station (Union Pacific Northwest Line - Northeast Illinois Regional Commuter Railroad (Metra)) 3 min - 1.3 mi
Cumberland Station (Union Pacific Northwest Line - Northeast Illinois Regional Commuter Railroad (Metra)) 6 min - 2.4 mi
AirportDriveWalkDistance
Chicago O'Hare International 16 min - 9.3 mi
Chicago Midway International 45 min - 24.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 26
Type: Surface
Included in Rent: Yes
Teresa Stultz 630-205-5568 Premier Living - River Lofts of St. Charles
Teresa Stultz 630-205-5568 Premier Living - River Lofts of St. Charles