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80 S Grove Avenue

Elgin, IL 60120
  • $1,900,000
  • STATUS: Active
  • ON SITE: 220 Days
  • MLS #: 12204250
UPDATED: 65 min ago
$1,900,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1920
County:
Area:

School Ratings & Info

Description

One of the most prominent buildings in Downtown Elgin. Fronts on Riverside Dr. overlooking the Fox River and fronts on Grove Ave. Adjacent to street level City parking lots and Festival Park to the South. This building has multiple users, including Restaurant/Bar, Event space, Entertainment and Office. The building has been modernized and there have been numerous recent improvements, including a new concrete basement floor with waterproofing, New roof on 80 S. Grove in '18, tuckpointing complete South side of building, 8 newer HVAC's. Possibilities are limitless with this property. High upside potential in rental income by increasing occupancy.

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© 2025 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Leila Keene & Marjorie Allabastro Team | Baird & Warner. Based on information submitted to the MRED as of 2025-06-15T11:01:16.207 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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80 S Grove Avenue Elgin, IL 60120

  • Price: $1,900,000
  • Status: Active
  • On Site: 220 Days
  • Updated: 65 min ago
  • MLS #: 12204250
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1920
Built
Neighborhood:
Kane
County:
Kane
Area:
Kane
Property Description
One of the most prominent buildings in Downtown Elgin. Fronts on Riverside Dr. overlooking the Fox River and fronts on Grove Ave. Adjacent to street level City parking lots and Festival Park to the South. This building has multiple users, including Restaurant/Bar, Event space, Entertainment and Office. The building has been modernized and there have been numerous recent improvements, including a new concrete basement floor with waterproofing, New roof on 80 S. Grove in '18, tuckpointing complete South side of building, 8 newer HVAC's. Possibilities are limitless with this property. High upside potential in rental income by increasing occupancy.
Exterior Features

Exterior Building Type Brick

Interior Features

Cooling Central Air Heat Ventilation Forced Air Number Of TLDocks 0

Property Features

Additional Parcels YN No Approximate Age Older Building Area Total 27066 Built Before1978 YN Yes Electric Circuit Breakers Fire Protection Alarm On SiteFire Extinguisher/s Geographic Locale Northwest Suburban Gross Income 90888 Gross Scheduled Income 90888 Leasable Area 20000 Mls Actual Status Active Net Operating Income 34589 Operating Expense 56299 Property Offered For Sale or Rent Property Sub Type Office Rental Price 12 Tax Annual Amount 19277 Tax Year 2023 Tenant Pays ElectricityHeat Total Monthly Income 7574 Township Elgin Type Office/Tech Zoning COMMR

Listing information © 2025 Midwest Real Estate Data LLC.
Listing provided courtesy of RE/MAX Horizon: 847-931-7500.


© 2025 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Leila Keene & Marjorie Allabastro Team | Baird & Warner. Based on information submitted to the MRED as of 2025-06-15T11:01:16.207 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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