For Sale
$1,900,000

1 Randhurst Village DrMount Prospect, IL 60056

1.9-Acre Pad, Prime Location

Overview

Added:
Dec 11, 2024
Days on market:
118
This exceptional 1.9-acre development site, located at 1 Randhurst Village Dr, Mount Prospect, IL 60056 (APN 03-27-401-303), presents a unique investment opportunity. Priced at $1,900,000, this property boasts a B3 Community Shopping zoning designation, allowing for a variety of commercial uses. Situated within the thriving Randhurst Village shopping center, anchored by Costco and Home Depot, the site benefits from exceptional visibility and accessibility. Major thoroughfares such as Route 83, Rand Road (Route 12), and Euclid Avenue provide high traffic counts, with Euclid averaging 19,700 vehicles daily and Rand Road exceeding 20,000. The property's strategic location offers convenient access to downtown Chicago (approximately 20 miles) and O'Hare International Airport (4 miles). Proximity to the Mount Prospect Metra station ensures easy commuter access. Randhurst Village itself is a vibrant, open-air mixed-use center featuring over 40 stores and restaurants, creating a strong retail environment. The 2022 real estate taxes totaled $41,506. This site is ideal for developers seeking a high-traffic, well-located parcel in a rapidly growing area. The property's diverse zoning and established surrounding infrastructure make it an attractive proposition for a range of commercial ventures.

Highlights

  • 1.9-acre pad-ready development site.
  • $1,900,000 asking price.
  • B3 Community Shopping zoning.
  • Excellent location: ~20 miles northwest of downtown Chicago, 4 miles north of O'Hare International Airport.
  • Near Mount Prospect Metra station.
  • High traffic counts: 19,700 VPD on Euclid Ave, 20,000 VPD on Route 12 (Rand Rd).

Property Details for 1 Randhurst Village Dr

Property type
Retail properties, Restaurants
Lot Size (sq. ft)
82,764 SF

Location Insight

City
Mount Prospect
County
Cook
State
Illinois
Latitude
42.0831521
Longitude
-87.9347058
1 Randhurst Village Dr, Mount Prospect, Illinois

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1 Randhurst Village Dr
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