5040 N 2nd Street — Loves Park, IL 61111
Active
Loves Park, IL 61111

5040 N 2nd Street

$989,000
0 beds · 0 baths
Listed at $989,000 37 days on market $11,601/yr taxes
01About this home

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.

02Inside the home
03By the numbers
$989,000
List price
Square feet
Bedrooms
Bathrooms
Year built
Lot size
Garage spaces
$11,601
Annual taxes
Bus / Bus w/Real Est
Style
37
Days on market
04Features
Cooling
Central AirChillersExhaust Fan
05Neighborhood
  • Papa John's 150 ft
  • Hope & Anchor English Pub 350 ft
  • Popeyes 0.2 mi
  • Spring Garden Family Restaurant 0.2 mi
  • Rocky's Bar & Grill 0.2 mi
  • Wingstop 0.3 mi
  • Discount Cigarettes, Tobacco, & Groceries 0.2 mi
  • Circle K 0.3 mi
  • Clark's Pump-N-Shop 0.7 mi
  • Marathon 0.8 mi
  • Quick N Save 1.0 mi
  • Mobil Mart 1.0 mi
  • Shorewood Park 0.3 mi
  • Darryl F Lindberg Park 0.4 mi
  • Pony Park 0.6 mi
  • Oxford Park 0.6 mi
  • Martin Park 0.8 mi
  • Wantz Park 0.9 mi
  • Doughboys Donuts 1.1 mi
POI data via Mapbox · OpenStreetMap contributors
06History

Every event we have for this address, straight from the MLS.

Apr 12, 2026
Listed for sale
Weichert Realtors - Tovar Prop · 331 days on market
$689,900
Apr 7, 2026
Listed for saleThis listing
Weichert Realtors - Tovar Prop
$989,000
Jun 17, 2025
Listed for sale
Weichert Realtors - Tovar Prop
$999,000
Sourced from MRED. Older events appear here as our history backfill completes.
07Ask Dwello

Real answers about this home — pricing, schools, what to ask, anything.

08See it for yourself

Stand in the kitchen.
See the light at 4pm.

Photos can only do so much. Pick a time — we'll meet you at the door.

Connect with Ewelina, Sonia, or Anna — real people on our team, no call centers.
Listed by Weichert Realtors - Tovar Prop · Rion Tovar-South
MLS data provided through MLS GRID · MRED MLS · MLS# MRD12612467
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