Loves Park, IL 61111,5413 N 2nd Street
Loves Park, IL 61111,5413 N 2nd Street
Loves Park, IL 61111,5413 N 2nd Street
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Listed by Miguel Lobato • Gambino Realtors
$279,900
Est. payment /mo
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2 Beds
5,110 SqFt
Pending

5413 N 2nd Street Loves Park, IL 61111

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Key Details

Property Type Multi-Family

Sub Type 3 - 4 Units

Listing Status Pending

Purchase Type For Sale

Square Footage 5,110 sqft

Price per Sqft $54

Subdivision Il

MLS Listing ID 202503170

Style 2 Story

Bedrooms 2

Annual Tax Amount $5,020

Tax Year 2024

Property Sub-Type 3 - 4 Units

Property Description

Fantastic investment opportunity in the heart of Loves Park! This versatile commercial building offers strong income potential with multiple units and established tenants. The property features a spacious office unit with two partial baths and a private office room, ideal for professional or administrative use. Another portion of the building is currently leased to a well-maintained hair salon studio, which includes two partial baths and a breakroom. A large storage unit, also on the property, features one partial bath and a back room equipped with a refrigerator and shelving, currently used by one of Loves Park's most popular and reputable ice cream shops—included in the sale with all appliances! Upstairs, you'll find a beautifully updated 2-bedroom, 1-bath residential unit with modern finishes and access to a large private deck that leads to the rear parking area. With mixed-use potential, established rental income, and a prime location, this unique property won't last long

Location

State IL

County Winnebago County

Area 45

Rooms

Basement Full

Interior

Hot Water Natural Gas

Heating Natural Gas

Cooling Central Air

Exterior

Exterior Feature Brick/Stone

Garage Spaces 10.0

Roof Type Shingle

Building

Sewer City

Water City

Schools

Elementary Schools Windsor Elementary

Middle Schools Harlem Jr

High Schools Harlem High School

School District Harlem 122


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agent

Dan Spranger

Agent | License ID: 475191430

+1(815) 378-3478

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5413 N 2nd Street