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!
This 7 family complex has amazing rental history including the following: 3 three bedroom units, one of which is live in owner. 1 completely re-modeled 2 bedroom 2 bath unit. 3 one bedroom units. 7 year old roof. Units have laundry room and forced air furnaces. 4 of the units have attached 2 plus car garages. There is also up to 7 additional garage spaces for rent or used for tenants. Landlord pays water and sewer.

Loves Park is located in Illinois. Loves Park, Illinois has a population of 23,223. Loves Park is less family-centric than the surrounding county with 24.35% of the households containing married families with children. The county average for households married with children is 25.33%.
The median household income in Loves Park, Illinois is $57,894. The median household income for the surrounding county is $57,779 compared to the national median of $69,021. The median age of people living in Loves Park is 39 years.
The average high temperature in July is 83.7 degrees, with an average low temperature in January of 12.5 degrees. The average rainfall is approximately 37.1 inches per year, with 34.8 inches of snow per year.