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5040 N 2nd Street Loves Park, IL 61111

$989,000
New / MLS# 12612467 / Commercial - Investment / Loves Park
0 Beds
7106 SqFt

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.

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Property Details

Property Type: Commercial - Investment
Cooling: Central Air, Chillers, Exhaust Fan
Lot Size: 0.52 Acres
Stories: 3.0
Taxes: $11,600

Feature Descriptions

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

Location

See details and scored characteristics about this location.

Listing Office: Weichert Realtors - Tovar Prop

Listing Office Phone: 815-877-8500



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