LOVES PARK, IL 61111 5118 N 2nd Street
$200,000



8 more








Presented By: Molly Leonard with Shorewest Realtors - 608-728-0103
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

SQFT • 1,886