LOVES PARK, IL 61111 5118 N 2nd Street

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Presented By: Molly Leonard with Shorewest Realtors - 608-728-0103
  • MLS# 202506584
  • 10/23/2025
  • Request Tour
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  • SQFT • 1,886

Home Details

Opportunity knocks! This three-unit property, located just off N 2nd Street, sits on a generous 0.5-acre lot with alley access, offering both privacy and potential. Each unit features 1 bedroom and 1 bathroom, providing a solid rental setup for steady income. The property needs some TLC but has great upside for the right buyer. Included are 6 garage spaces, additional storage sheds, and coin-operated laundry for tenant convenience. The expansive lot may offer future development or expansion potential (buyer to verify). Conveniently located close to shopping, restaurants, and transit routes. A solid investment for those looking to add value and maximize returns.
Presented By: Molly Leonard with Shorewest Realtors - 608-728-0103

Interior Features for 5118 N 2nd Street

Bedrooms

Unit 1 # Beds1
Unit 2 # Beds1
Unit 3 # Beds1

Bathrooms

Unit 1 # Baths1
Unit 2 # Baths1
Unit 3 # Baths1

Other Interior Features

Unit 3 SqFt636
Unit 1 SqFt625
Unit 2 SqFt625
Unit 1 Rent650
Basement Y/NNo
Unit 1 Heaty
Unit 2 Heaty
Unit 3 Heaty
# of Units3

Other Rooms

Unit 1 # Rooms3
Unit 2 # Rooms3
Unit 3 # Rooms3

General for 5118 N 2nd Street

Associated Document Count1
CityLOVES PARK
ClassMULTIFAMILY
CoolingNone
DOM
ElectricCircuit Breaker
Elementary SchoolLoves Park Elementary
Financial InfoEstimate
HUDNo
HeatingForced Air, Natural Gas
High SchoolHarlem High School
LeaseNo
Legal DescriptionSNOWS ARLINGTON SUBD BNG SUBD IN E 1/2 SEC 12-44-1 LOTS 5-6 + 007
Middle SchoolHarlem Jr
ModificationTimestamp2025-10-23T16:01:17.5
OccupantNameELLE BEE PROPERTIES LLC
Parcel Number1112278017
PossessionClosing
Postal Code61111
Price Per Sq Ft Total AG106.04
Primary CityLoves Park
Realtor RemarksTenant Occupied. Please allow 24 hour showing notice. Owner only has a key for unit 6. Tenants will be present for showings. Agent has not toured unit 5. All square footage and dimensions are approxi
RoofShingle
Sale/RentFor Sale
School DistrictHarlem 122
Separate UtilitiesYes
SewerCity
Short SaleNo
StatusACTIVE and AVAILABLE
Status Detail0
Style1 Story
SubdivisionIL
Tax Year2024
Taxes$4,519
Type3 - 4 Units
Utilities0
WaterCity
Water HeaterGas
Year Built1953

Exterior for 5118 N 2nd Street

ExteriorWood, Vinyl
Parking Spaces6
Separate Electric Y/NYes
Separate Heat Y/NNo
Separate Water Y/NNo
Unit 1 Garage Capacity1
Unit 2 Garage Capacity1
Unit 3 Garage Capacity1

Additional Details

Price History

Schools

Middle School Harlem Jr Middle School
High School Harlem High School
Elementary School Loves Park Elementary

Client Care

Price $200,000
MLS#202506584
List Date 10/23/2025
Property Type Multi-Family
Phone 847.485.2500
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