5040 North 2nd Street, Loves Park, IL

$699,900

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About 5040 North 2nd Street

Established English Restaurant Bar - 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. Listing included real estate, parking lot and possible sale of the business.

Features of 5040 North 2nd Street

MLS® # 12392033
Price $699,900
Bathrooms 0.00
Acres 0.00
Type Business Opportunity
Sub-Type Bus / Bus w/Real Est
Status Active

Community Information

Address 5040 North 2nd Street
Area Loves Park
City Loves Park
County Winnebago
State IL
Zip Code 61111

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling Central Air, Chillers, Exhaust Fan
Fireplace No
Has Basement No

Additional Information

Days on Market 121
Zoning COMMR
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeWeichert Realtors - Tovar Prop
Contact Info815-877-8500

Listing Map

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