Overview

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Opened in 1989, The Elbo Room was a cherished establishment for nearly three decades that graced Chicago’s Lakeview neighborhood as a live music venue. This stellar location consists not only of the ground and lower level housing with the entertainment venue, but also boasts two spacious apartments spanning the second and third floors. Recent enhancements have further elevated the property, including meticulous window and tuckpointing restoration completed in 2011, and the installation of a state-of-the-art Fujitsu HVAC system in 2017. The is a unique opportunity to acquire a mixed-use property in one of the best neighborhoods in Chicago.

Lakeview is a well-known neighborhood on the northside of Chicago that encompasses several distinct communities - East Lakeview, Central Lakeview, Northalsted and Wrigleyville. As one of the city’s most popular and diverse neighborhoods, it’s known for its lively community, entertainment options and beautiful architecture. Esteemed landmarks like Wrigley Field, and destinations like the Belmont Theater District and Southport Corridor, stand as testaments to the neighborhood’s rich background and cultural heritage. With Lake Michigan on its eastern edge, Lakeview exudes a unique charm that draws in residents and visitors alike.

Highlights

• Historic nightclub located in the Lakeview neighborhood, Chicago’s most densely populated area
• 3-story brick building plus basement
• Basement & first-floor nightclub with 2 bars, stage, dance floor & 4 restrooms
• (2) 1,100± SF, 1 bedroom / 1 bathroom apartments occupy the top 2 floors

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