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



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Presented By: Weichert Realtors - Tovar Prop
Home Details
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.
Presented By: Weichert Realtors - Tovar Prop
General for 5040 N 2nd Street
Additional Parcels Y/NYes
Business TypeFood & Beverage, Restaurant
CityLoves Park
CoolingCentral Air, Chillers, Exhaust Fan
CountyWinnebago
DirectionsThe restaurant is located South of Riverside Blvd.
Lease TypeGross
Lot Size Square Feet22500
MLS AreaLoves Park
ModificationTimestamp2025-09-15T05:07:06.596Z
Operating Expense
PossessionClosing
Property TypeBusiness Opportunity
Property TypeBus / Bus w/Real Est
Standard StatusActive
StatusActive
Stories Count3
Tax Annual Amount10305.68
Tax Year2024
Tenant PaysAir Conditioning, Taxes, Insurance, Repairs
Total Actual Rent9474
ZoningCOMMR
Exterior for 5040 N 2nd Street
Building Area Total7106
Lot Dimensions150X50X150X50
Additional Details
Price History

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