IL > Loves Park
Loves Park, IL 61111,5040 N 2nd ST
Loves Park, IL 61111,5040 N 2nd ST
Loves Park, IL 61111,5040 N 2nd ST
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$699,900
Est. payment /mo
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7,106 SqFt
Price Dropped by $249K

5040 N 2nd ST Loves Park, IL 61111

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Dennis & Karen

Dennis & Karen

+1(219) 213-3346

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Key Details

Property Type Commercial

Sub Type Bus / Bus w/Real Est

Listing Status Active

Purchase Type For Sale

Square Footage 7,106 sqft

Price per Sqft $98

MLS Listing ID 12392033

Annual Tax Amount $10,305

Tax Year 2024

Lot Dimensions 150X50X150X50

Property Sub-Type Bus / Bus w/Real Est

Property Description

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, parking lot and possible sale of the business.

Location

State IL

County Winnebago

Area Loves Park

Zoning COMMR

Interior

Cooling Central Air, Chillers, Exhaust Fan

Fireplace N

Building

Dwelling Type Bus / Bus w/Real Est

Midwest Real Estate Data (MRED) IDX
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Rion Tovar-South of  Weichert Realtors - Tovar Prop 

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Dennis & Karen

Dennis & Karen

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+1(219) 213-3346

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5040 N 2nd ST

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