www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
31660525
31660528

18967 US-51, Elkville, IL 62932 For Sale

KB
IL IL 475209285
Barbermurphy Group
MD
IL 475167618
Barbermurphy Group
Listed by Barbermurphy Group
$1,795,000
97 days on market
Updated 62 days ago

Brewery, Concert Venue, & Banquet Center

Details
APN 10-05-200-013
Property Type Retail
Sub Type Restaurant, Bar
Square Footage 19,000
Tenancy Vacant
Year Built 2016
Year Renovated 2023
Buildings 1
Stories 2
Acreage 7.370
Zoning Commercial
Parking Spaces 225 spaces
Parking per 1,000 SqFt 11.84

Route 51 Brewing Company for Sale in Elkville, IL | Business and/or Real Estate

Marketing description

Route 51 Brewing Company is a 19,000 SF two-level brewery, concert venue, and banquet center with an attached 4,500 SF lean-to beer garden, situated on 7.37 acres along the high-visibility IL Route 51 corridor in Southern Illinois — a rare, turnkey, cash-flowing entertainment complex including all real estate, furniture, fixtures, and equipment. The facility features ADA-compliant men’s and women’s restrooms with custom keg urinals and ceramic tile flooring, an 800-amp 3-phase electrical service, a 10’×10′ overhead recessed loading dock, 200 LED-lit parking spaces, and a 10 BBL direct-fire brewhouse complete with a 20-tap custom tap tower, an additional 14-tap tower, a 44-foot custom copper bar with drain pans and rinsers, and all custom saw blade and pipe-threaded furniture throughout. The fully equipped commercial kitchen includes two 40 lb deep fryers, a 6-burner stove, a Blodgett double-stack convection oven, a 1,600 lb/day Manitowoc ice machine, a 32’×15′ walk-in cooler, and a custom food truck pickup window — with proven on- and off-site catering capacity for events exceeding 1,000 guests. The 6,300 SF banquet hall accommodates up to 299 licensed guests with 12-foot ceilings, a 32-foot Brazilian granite bar, direct commercial kitchen access, and a proven track record hosting hundreds of weddings, corporate events, and community gatherings. The nationally recognized concert venue boasts a 12’×28′ permanent stage, a Midas M32 professional digital mixing console, a 8 box line array sound system, full DMX-controlled stage lighting with iPad controls, established relationships with national touring agencies, and three on-site furnished short-term rental suites with electronic keypad entry and Airbnb/VRBO income potential. With five distinct operational revenue streams and all FF&E included from day one, this is a truly turnkey opportunity — contact broker for financials.

Located off of IL Route 51, a well-traveled corridor connecting the Du Quoin and Carbondale markets. This site is home to Route 51 Brewing Company & Banquet Center, giving the property an established hospitality presence and destination appeal. Its inclusion in Southern Illinois beer-tourism promotions and proximity to the broader Wine & Beer Trail of Southern Illinois further enhance its visibility, drawing both local and regional visitors traveling the area’s popular brewery and winery routes.

Investment highlights

  • Turnkey, Cash-Flowing Operation — Five Active Revenue Streams Route 51 Brewing Company is an immediately operational entertainment complex generating revenue across five distinct channels: craft brewery, concert/live music venue, full-service restaurant, private banquet/event hall, and short-term rental suites.

  • Exceptional Value at $76/SF with Comprehensive FF&E Inclusion At $1,795,000 — approximately $76.38/SF

  • Proven Event Infrastructure with Regional Market Positioning The 6,300 SF banquet hall (299-guest licensed capacity) has hosted hundreds of weddings and corporate events. The property's inclusion on the Southern Illinois Beer Trail and proximity to the Shawnee Hills Wine Trail provides built-in regional tourism traffic and marketing visibility beyond the immediate trade area.

  • High-Visibility Highway Corridor with Strong Traffic Counts Situated directly on IL Route 51 with 5,150 average daily traffic, the property benefits from a well-traveled corridor connecting the Du Quoin and Carbondale markets. The 200-space LED-lit parking lot, monument signage, and building signage maximize capture of passing traffic.

  • Scalable Growth Potential with Adjacent Land Availability The existing 7.37-acre site includes 200 parking spaces and a 4,500 SF covered beer garden. An adjacent 9.24 acres — including 4 RV spots and two carports — is separately available, providing a qualified buyer meaningful runway to expand outdoor programming, RV hospitality, or additional event infrastructure.

Listing Contacts

KB
IL IL 475209285
Barbermurphy Group
MD
IL 475167618
Barbermurphy Group
Listed by Barbermurphy Group

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Katie Bush
License
IL 475209285
Brokerage Address
1173 Fortune Boulevard
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591