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303 E Kensington Rd 10,630 SF Retail Building Mount Prospect, IL 60056 $3,434,300 CAD ($323.08 CAD/SF)



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
Property Taxes
| Parcel Numbers | Improvements Assessment | $83,132 CAD | |
| Land Assessment | $234,336 CAD | Total Assessment | $317,468 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$234,336 CAD
Improvements Assessment
$83,132 CAD
Total Assessment
$317,468 CAD
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303 E Kensington Rd
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