Multi-Level Restaurant Bar
For Sale
Contact for pricing
Pending
51 S Grove, Elgin, IL 60120
Renovated multi-story restaurant and bar building with dance floors, lounge areas, offices, and a basement bar.
Property SizeContact for details
Days on Market148
Property Features for 51 S Grove
General Information
Standard status
Pending
Property subtype
Retail
Listing Agency:
Berkshire Hathaway HomeServices Starck Real Estate Elgin
Listed By:
Susan Maday · License #IL 475146447
Source:
Crexi
Added: Apr 10
Changed: Sep 4
Last Checked: Aug 29 at 10:08PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway HomeServices Starck Real Estate Elgin
Investment Insights
Based on property information with market context.
This renovated, original JCPenney building is configured as a multi-level restaurant and bar concept. The first floor features a large restaurant bar and dance floor. The second floor provides additional lounge area with a bar, and the third floor offers a huge open space plus three smaller offices.
A basement level includes a bar and a smaller dance floor. An elevator is noted as being up to code, supporting access between levels.
The property is presented for sale and offers a substantial interior footprint organized for both public dining/bar areas and enclosed office space across multiple floors.
A basement level includes a bar and a smaller dance floor. An elevator is noted as being up to code, supporting access between levels.
The property is presented for sale and offers a substantial interior footprint organized for both public dining/bar areas and enclosed office space across multiple floors.
Key Highlights
- Renovated multi‑story JCPenney original building designed as a restaurant and bar
- First floor features a large restaurant bar with a dance floor
- Second floor includes an additional lounge area with a bar
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,604
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
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
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Similar Off Market Nearby
- 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
- Chicago Steel Band — Elgin, IL 60121
Frequently Asked Questions
What type of property is this?
Bar & Pub - Renovated multi-story restaurant and bar building with dance floors, lounge areas, offices, and a basement bar.
Where is this bar & pub located?
The property is located at 51 S Grove Elgin, IL.
What are key features of this property?
This property features: Renovated multi‑story JCPenney original building designed as a restaurant and bar; First floor features a large restaurant bar with a dance floor; Second floor includes an additional lounge area with a bar
