5040 N 2nd Street, Loves Park, IL 61111

$699,900
  • 5040 N 2nd Street, Loves Park, IL 61111 Main Photo

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Active
SQUARE FEET7,106 MLS#12392033
STATUSActive PROPERTY TYPECommercial - Investment

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.

5040 N 2nd Street | MLS# 12392033

This commercial property located at 5040 N 2nd Street, Loves Park, IL 61111 is currently listed for sale with an asking price of $699,900. Search Loves Park real estate on www.gogambino.com today.

Property Features

Property Type: Commercial - Investment
Cooling: Central Air, Chillers, Exhaust Fan
Lot Size: 0.52 Acres
Stories: 3.0
Taxes: $10,305

Feature Descriptions

Days on Site: 262
Drains: Courtyard, Enclosed Stairs, Patio
HVAC: Central Bldg Heat, Electric, Forced Air, Gas
Location: Corner
Lot Dimensions: 150X50X150X50
Miscellaneous Indoor: Common Meeting Room/s, Accessible Entrance, Public Restroom/s, Storage Inside, Other
Miscellaneous Outdoor: Courtyard, Enclosed Stairs, Patio
Parcel#: 1112281013
Tenant Pays: Air Conditioning, Taxes, Insurance, Repairs

Listed By / Shown By

Listed By

Agency Name: Weichert Realtors - Tovar Prop
Agency Phone: 815-877-8500

Shown By

Agency Title: Gambino Realtors
Agency Phone: 815-282-2222

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