Loves Park, IL 61111,5118 N 2nd Street
Loves Park, IL 61111,5118 N 2nd Street
Loves Park, IL 61111,5118 N 2nd Street
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Listed by Molly Leonard • Shorewest Realtors
$200,000
Est. payment /mo
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3 Beds
1,886 SqFt
Pending

5118 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 1,886 sqft

Price per Sqft $106

Subdivision Il

MLS Listing ID 202506584

Style 1 Story

Bedrooms 3

Annual Tax Amount $4,519

Tax Year 2024

Property Sub-Type 3 - 4 Units

Property Description

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.

Location

State IL

Area Winnebago County

Interior

Hot Water Gas

Heating Forced Air, Natural Gas

Cooling None

Exterior

Exterior Feature Wood, Vinyl

Garage Spaces 6.0

Roof Type Shingle

Building

Sewer City

Water City

Schools

Elementary Schools Loves Park Elementary

Middle Schools Harlem Jr

High Schools Harlem High School

School District Harlem 122


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Dan Spranger

Dan Spranger

Agent | License ID: 475191430

+1(815) 378-3478

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5118 N 2nd Street