303 E Kensington Rd - Restaurant FOR SALE


Mount Prospect, IL 60056- Des Plaines/Arlington Hts Corridor
$2,500,000 USD
312-589-5797
303 E Kensington Rd, Mount Prospect, IL for Sale
$2,500,000 USD
Restaurant - FOR SALE
1/11
null | Request Cap Rate

303 E Kensington Rd
Mount Prospect, IL 60056
Des Plaines/Arlington Hts Corridor


HIGHLIGHTS

  • Unique Infrastructure
  • Exceptional Connectivity:
  • Strategic "Hard Corner" Retail Hub:
  • Prime Retail Corridor

OVERVIEW

This is a high-profile investment or owner-operator opportunity featuring a fully built-out, two-story restaurant and brewery facility. Currently home to The Red Barn Restaurant and Brewery, the property sits on a spacious 2.61-acre site at a prime location across from the Randhurst Village shopping destination. Exceptional Infrastructure: The building’s multi-story design is specifically engineered for high-volume operations. The first floor serves as an expansive main dining room and bar area (seating for 40+), while the second-floor mezzanine/balcony is ideal for private banquets and large parties, allowing forPrime Retail Corridor: Positioned at the high-traffic intersection of Kensington and Rand Roads (32,000+ VPD), the site is adjacent to major national anchors including Costco, Home Depot, Jewel-Osco, and AMC Theatres.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$235 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1995

SPRINKLERS

-

PARKING SPACES

100

LAND DETAILS

LAND ACRES

2.61 AC

LAND SF

113,692 SF

ZONING

B-3

APN/PARCEL ID

03-34-200-204-0000,03-34-200-205-0000

ASK ABOUT THIS PROPERTY

Tom WagnerMon Ami Real EstateMore Info
312-589-5797

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Tom WagnerMon Ami Real EstateMore Info
312-589-5797

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.