Loves Park, IL 61111,5040 N 2nd Street
Loves Park, IL 61111,5040 N 2nd Street
Loves Park, IL 61111,5040 N 2nd Street
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$999,000
Est. payment /mo
7,106 SqFt
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Key Details

Property Type Commercial

Sub Type Bus / Bus w/Real Est

Listing Status Active

Purchase Type For Sale

Square Footage 7,106 sqft

Price per Sqft $140

MLS Listing ID 12392033

Annual Tax Amount $10,305

Tax Year 2024

Lot Dimensions 150X50X150X50

Property Sub-Type Bus / Bus w/Real Est

Property Description

Established English Restaurant Bar - The Original 1929 Mayflower. 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.

Location

State IL

County Winnebago

Zoning COMMR

Interior

Cooling Central Air, Chillers, Exhaust Fan

Fireplace N

Exterior

View Y/N true


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Listed by Rion Tovar-South • Weichert Realtors - Tovar Prop

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agent

Doug Anderson

Designated Managing Broker

+1(847) 687-3424

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5040 N 2nd Street