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$ 999,000
Est. payment /mo
New
5040 N 2nd ST 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 $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
Area Loves Park
Zoning COMMR
Interior
Cooling Central Air, Chillers, Exhaust Fan
Fireplace N
Building
Dwelling Type Bus / Bus w/Real Est
Level or Stories 3
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Listed by Rion Tovar-South • Weichert Realtors - Tovar Prop