Shelly Phares
- Buy
- Sell
https://www.ruhlmortgage.com/LawrenceDavis.html
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 |
Shelly Phares
REALTOR®
Cell: (309) 269-2669
Licensed in IL & IA
Moline Office
1701 52nd Avenue
Moline, IL 61265
(309) 743-8000
Moline, IL 61265
(309) 743-8000
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