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Description
PRIME LOCATION IN THE HEART OF LOVES PARK - INCLUDING 3 ADDITIONAL LOTS! Opportunity awaits at 5040 N. Second Street Loves Park, Il! Established Restaurant is situated along one of the area's well-traveled corridors, this property offers excellent visibility, accessibility, and endless possibilities! The sale includes three additional lots, bringing the total land area to approximately 0.85 acres! This generous amount of land provides added flexibility and exciting opportunities for future expansion, development, or investment. Conveniently located near surrounding businesses, shopping, dining, and major roadways, this property offers an ideal setting for those looking to establish a new business, expand existing operations, or invest in a desirable Loves Park location. With its prime location, additional land, and tremendous potential, this is an opportunity you won't want to miss! Tiff district grants available!
Property Highlights
Property Type: Commercial - Retail
Building Description: 2.0 stories
Year Built: 1936
General Information
County: Winnebago
Listed By:
Weichert Realtors - Tovar Prop
815-877-8500
MRED MLS
MLS ID: 12783463
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5040 N 2nd Street, Loves Park, IL 61111.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $699,900 | $699,900 | $699,900 |
| Down Payment | $139,980 | $24,497 | $174,975 |
| Monthly Mortgage Amount | $3,725 | $4,572 | $4,537 |
| Taxes | $974 | $974 | $974 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $308 | $0 |
| Monthly Estimated Total | $4,903 | $6,058 | $5,715 |
Disclaimer:
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 10/18/2026. The listing information on this page last changed on 10/18/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sun 10/18/2026 1:20:35 AM EST) or MRED MLS (last updated Sun 10/18/2026 1:12:29 AM EST) or SCWMLS (last updated Sat 10/17/2026 11:55:41 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Sat 10/17/2026 10:21:07 PM EST) or Cedar Rapids MLS (last updated Sat 10/17/2026 10:44:14 PM EST) or NEIRBR MLS (last updated Sun 10/18/2026 1:18:42 AM EST) or ICAAR MLS (last updated Sat 10/17/2026 11:37:29 PM EST) or ECIMLS (last updated Sat 10/17/2026 11:44:34 PM EST) or RMLSA (last updated Sun 10/18/2026 1:10:56 AM EST) or Muscatine MLS (last updated Sun 10/18/2026 1:15:10 AM EST) or No Coast MLS (last updated Sun 10/18/2026 12:44:21 AM EST). Real estate listings held by brokerage firms other than Ruhl&Ruhl Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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