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Bar Space with Basement Access
For Lease
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76 S Grove Avenue, Elgin, IL 60120

Commercial Lease, Elgin, IL

Space SizeContact for details
Days on Market317

Property Features for 76 S Grove Avenue

General Information

Property type Commercial Lease
Property subtype Retail
Directions Chicago St. to Grove Ave. S
Subdivision Elgin
Standard status Active

Taxes and HOA fees

Tax Year 2023

Utilities

Cooling system Central Air

Building Details

Year built 1900
Floors in Building 1
Building materials Brick
Listing Agency: RE/MAX Horizon · RE/MAX International
Listed By: Ben Henrikson · License #475091643
Added: Oct 8, 2025 Changed: Aug 19 Last Checked: Aug 20 at 2:06PM
MLS# 12491041

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Located in downtown Elgin, this former bar space occupies a brick building constructed in 1900. The premises are served by central air and include access to the basement, providing storage potential for liquor or other operational needs. A kitchen can be added if the space is repositioned for restaurant use.

The building sits next to a large surface parking lot. Additional event space on the same floor and basement area may also be leased, allowing for expansion beyond the primary premises. Tenants are responsible for a prorated share of monthly utilities.

Key Highlights

  • Former bar space in downtown Elgin
  • Brick building constructed in 1900
  • Central air cooling

Property Analytics

Current Use

Vern's Tavern Elgin Bar & Pub Vern’s Tavern Bar & Pub

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Carpet & Flooring Store Discount Store Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,458
Businesses Nearby
Well-served
Demand for This Use

Demographics for 60120, IL

50,799
Population
17,112
Households
3
Avg Household Size
35
Median Age
19%
College-Educated
74%
High-School Grad
17.4 sq mi
ZIP Area
2,919
Density / Sq Mi
$80,305
Median Household Income
$37,495
Median Earnings
$1,250
Median Rent
$227,000
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Similar Off Market Nearby

  • Chicago Steel Band Elgin, IL 60121
  • Vern's Tavern Elgin 76 S Grove Ave, Elgin, IL 60120
  • Vern’s Tavern 76 s grove ave, elgin, il 60120
  • Lounge 51 51 S Grove Ave, Elgin, IL 60120
  • Eaton's Redwood Inn 118 W Chicago St, Elgin, IL 60123

Frequently Asked Questions

What type of property is this?
Bar & Pub - Former bar premises offer central air, brick construction, and room for a kitchen buildout.
Where is this bar & pub located?
The property is located at 76 S Grove Avenue Elgin, IL.
What are key features of this property?
This property features: Former bar space in downtown Elgin; Brick building constructed in 1900; Central air cooling
More about this property
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