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Listed by Rion Tovar-Southof Weichert Realtors - Tovar Prop
$ 989,000
Est. payment /mo
Active
5040 N 2nd Street Loves Park, IL 61111
7,106 SqFt
UPDATED:
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 $139
MLS Listing ID 12612467
Annual Tax Amount $11,600
Tax Year 2024
Lot Dimensions 150X50X150X50
Property Sub-Type Bus / Bus w/Real Est
Property Description
Established English Restaurant, Bar & Video Gaming Venue - Step into a piece of Loves Park history with a now thriving and profitable English restaurant, bar, and video gaming destination. This well-maintained, character-rich establishment seamlessly blends classic charm with modern upgrades, offering a turnkey opportunity for seasoned restaurateurs, bar owners, 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, parties, or overflow dining. * Full-Service Bar & Video Gaming Area: Popular gaming area adds an additional revenue stream while creating an energetic entertainment atmosphere that keeps customers coming back. * Outdoor Beer Garden: Fully equipped and ready for seasonal entertainment, live music, and special events. * Expansive Kitchen: Includes a Hamilton Gaylord Hood System, dumbwaiter, and fully replaced line equipment (2021 +/-)-ideal for high-volume service, catering, and banquet operations. * 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 daily operation. Whether you're expanding your hospitality portfolio or seeking a flagship location with a legacy, this established Loves Park destination delivers on character, entertainment, 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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