5040 N 2nd Street Loves Park, IL $ 989,000
5040 N 2nd Street
$ 989,000
Recently Listed
Share Save

5040 N 2nd Street

Loves Park, IL, 61111
$ 989,000
Bedrooms-- Baths-- Sq 7,106

Monthly Estimate*

$ 6,089

5040 N 2nd Street, Loves Park, IL 61111 - Image 1
5040 N 2nd Street, Loves Park, IL 61111 - Image 2
5040 N 2nd Street, Loves Park, IL 61111 - Image 3
5040 N 2nd Street, Loves Park, IL 61111 - Image 4
5040 N 2nd Street, Loves Park, IL 61111 - Image 5
5040 N 2nd Street, Loves Park, IL 61111 - Image 6
5040 N 2nd Street, Loves Park, IL 61111 - Image 7
5040 N 2nd Street, Loves Park, IL 61111 - Image 8
5040 N 2nd Street, Loves Park, IL 61111 - Image 9
5040 N 2nd Street, Loves Park, IL 61111 - Image 10
5040 N 2nd Street, Loves Park, IL 61111 - Image 11
5040 N 2nd Street, Loves Park, IL 61111 - Image 12
5040 N 2nd Street, Loves Park, IL 61111 - Image 13
5040 N 2nd Street, Loves Park, IL 61111 - Image 14
5040 N 2nd Street, Loves Park, IL 61111 - Image 15
5040 N 2nd Street, Loves Park, IL 61111 - Image 16
5040 N 2nd Street, Loves Park, IL 61111 - Image 17
5040 N 2nd Street, Loves Park, IL 61111 - Image 18
5040 N 2nd Street, Loves Park, IL 61111 - Image 19
5040 N 2nd Street, Loves Park, IL 61111 - Image 20
5040 N 2nd Street, Loves Park, IL 61111 - Image 21
5040 N 2nd Street, Loves Park, IL 61111 - Image 22
5040 N 2nd Street, Loves Park, IL 61111 - Image 23
5040 N 2nd Street, Loves Park, IL 61111 - Image 24
5040 N 2nd Street, Loves Park, IL 61111 - Image 25
5040 N 2nd Street, Loves Park, IL 61111 - Image 26
5040 N 2nd Street, Loves Park, IL 61111 - Image 27
5040 N 2nd Street, Loves Park, IL 61111 - Image 28
5040 N 2nd Street, Loves Park, IL 61111 - Image 29
5040 N 2nd Street, Loves Park, IL 61111 - Image 30
5040 N 2nd Street, Loves Park, IL 61111 - Image 31
5040 N 2nd Street, Loves Park, IL 61111 - Image 32
5040 N 2nd Street, Loves Park, IL 61111 - Image 33
5040 N 2nd Street, Loves Park, IL 61111 - Image 34
5040 N 2nd Street, Loves Park, IL 61111 - Image 35
5040 N 2nd Street, Loves Park, IL 61111 - Image 36
5040 N 2nd Street, Loves Park, IL 61111 - Image 37
5040 N 2nd Street, Loves Park, IL 61111 - Image 38
5040 N 2nd Street, Loves Park, IL 61111 - Image 39
5040 N 2nd Street, Loves Park, IL 61111 - Image 40
5040 N 2nd Street, Loves Park, IL 61111 - Image 41
5040 N 2nd Street, Loves Park, IL 61111 - Image 42
5040 N 2nd Street, Loves Park, IL 61111 - Image 43
5040 N 2nd Street, Loves Park, IL 61111 - Image 44
5040 N 2nd Street, Loves Park, IL 61111 - Image 45

Commercial Property for sale in Loves Park, IL

for $989,000. This 7,106 square foot building was built on a lot size of 0.516529.

Established English Restaurant Bar - Step into a piece of Loves Park history with a now thriving and profitable English restaurant and bar. This well-maintained, character-rich establishment seamlessly blends classic charm with modern upgrades, offering a turnkey opportunity for seasoned restaurateurs or investors. Key Features: Ample Seating Capacity: Main floor accommodates approximately 188 guests, with an additional 45 seats in the upper-level dining room-perfect for private events or overflow dining. Outdoor Beer Garden: Fully equipped and ready for seasonal entertainment and events. Expansive Kitchen: Includes a Hamilton Gaylord Hood System, dumbwaiter, and fully replaced line equipment (2021+/-)-ideal for high-volume service and catering. Basement Storage: Features a walk-in freezer, walk-in fridge, dry storage, and extensive space for operational needs. Building Condition: Thoughtfully maintained with updates that preserve the building's historic charm while ensuring efficient operation. Whether you're expanding your hospitality portfolio or seeking a flagship location with a legacy, this location delivers on both character and profitability. Listing included real estate, and 1 lot for parking.

See more

Commercial Active

Price

$ 989,000

Property Type

Commercial

Taxes

$ 11,600

Style

Food & Beverage,Restaurant

Lot Size

0.516529

Town/City

Loves Park

County/Region

Winnebago

MLS | Web ID

12612467

Features
General
Cooling Central Air Chillers Exhaust Fan
Possession Closing
Zoning COMMR
Tenant Pays Air Conditioning Taxes Insurance Repairs
Stories Count 3
Tax Year 2024
Business Type Food & Beverage Restaurant
Additional Parcels Description 1112278022
County Winnebago
Operating Expense 0
Property Type Business Opportunity Bus / Bus w/Real Est
Status New
Directions The restaurant is located South of Riverside Blvd.
City Loves Park
MLS Area Loves Park
Lot Size Square Feet 22500
Tax Annual Amount 11600.68
Additional Parcels Y/N Y
Lease Type Gross
Standard Status Active
Total Actual Rent 9474
See more
Exterior
Building Area Total 7106
Lot Dimensions 150X50X150X50
See more
* Excluded Features
List By
Rion Tovar-South

Listing Agent

Loves Park - Weichert, Realtors® - Tovar Properties

Broker

Affordability Calculator

$7,056
Per Month
86%
14%
0%
Monthly Principal & Interest
$6,089
Monthly Property Taxes
$967
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/7/2026$989,000 Listed Price

Map


See all

5040 N 2nd Street, Loves Park, IL, 61111 is a Commercial Property for sale at $989,000 with 7,106 sqft and a lot size of 0.516529. The property's zip code is 61111 which is in Loves Park, IL