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

$1,350,000 USD

Restaurant For Sale  •  2,229 SF

Property Details

  • Property Type Restaurant
  • 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

**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.
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, and tours.

Highlights

Highly Trafficked Area
Drive Through
Turnkey Operation

Major Tenants

Tenant SF Occupied Lease End Date
Joe Donut

Amenities

  • Signage
  • Drive Thru

Public Transportation

Commuter RailDriveWalkDistance
Mt. Prospect (Union Pacific Northwest - Metra) 3 min - 1.6 mi
Cumberland (Union Pacific Northwest - Metra) 3 min - 1.8 mi
AirportDriveWalkDistance
Chicago O'Hare International 16 min - 9.4 mi
Chicago Midway International 45 min - 25.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 26
Type: Surface
Included in Rent: Yes
Basel Tarabein 847-255-1000 RE/MAX AT HOME
Basel Tarabein 847-255-1000 RE/MAX AT HOME