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Investment Highlights

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

Executive Summary

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.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
10,630 SF
Building Class
A
Year Built
1995
Price
$3,434,300 CAD
Price Per SF
$323.08 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.09
Lot Size
2.61 AC
Zoning
B-3 - Community/Shopping District
Parking
100 Spaces (9.09 Spaces per 1,000 SF Leased)
Frontage
151’ on Kensington Rd

Amenities

  • Mezzanine
  • Restaurant
  • Signage
  • Roof Terrace
  • Monument Signage
  • Balcony

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Homestead Hospitality LLC
  • Public Administration
  • -
  • -
  • -
Tenant Industry SF Occupied Rent/SF Lease End
Homestead Hospitality LLC Public Administration - - -
Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100

Nearby Major Retailers

Fifth Third Bank
Orangetheory Fitness
Poke Bros.
Five Guys
Outback Steakhouse
Mod Pizza
Bank of America
PNC Bank
Starbucks
The Picklr

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 03-34-200-205-0000
  • 03-34-200-204-0000
Land Assessment
$234,336 CAD
Improvements Assessment
$83,132 CAD
Total Assessment
$317,468 CAD
  • Listing ID: 39854718

  • Date on Market: 2026-03-20

  • Last Updated:

  • Address: 303 E Kensington Rd, Mount Prospect, IL 60056

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