Bought with Chandra Lopez • Key Realty, Inc
$292,999
$279,900
4.7%For more information regarding the value of a property, please contact us for a free consultation.
2 Beds
5,110 SqFt
SOLD DATE : 07/29/2025
Key Details
Sold Price $292,999
Property Type Multi-Family
Sub Type 3 - 4 Units
Listing Status Sold
Purchase Type For Sale
Square Footage 5,110 sqft
Price per Sqft $57
Subdivision Il
MLS Listing ID 202503170
Sold Date 07/29/25
Style 2 Story
Bedrooms 2
Annual Tax Amount $5,020
Tax Year 2024
Property Sub-Type 3 - 4 Units
Property Description
Fantastic investment opportunity in the heart of Loves Park! This versatile commercial building offers strong income potential with multiple units and established tenants. The property features a spacious office unit with two partial baths and a private office room, ideal for professional or administrative use. Another portion of the building is currently leased to a well-maintained hair salon studio, which includes two partial baths and a breakroom. A large storage unit, also on the property, features one partial bath and a back room equipped with a refrigerator and shelving, currently used by one of Loves Park's most popular and reputable ice cream shops—included in the sale with all appliances! Upstairs, you'll find a beautifully updated 2-bedroom, 1-bath residential unit with modern finishes and access to a large private deck that leads to the rear parking area. With mixed-use potential, established rental income, and a prime location, this unique property won't last long
Location
State IL
County Winnebago County
Area 45
Rooms
Basement Full
Interior
Hot Water Natural Gas
Heating Natural Gas
Cooling Central Air
Exterior
Exterior Feature Brick/Stone
Garage Spaces 10.0
Roof Type Shingle
Building
Sewer City
Water City
Schools
Elementary Schools Windsor Elementary
Middle Schools Harlem Jr
High Schools Harlem High School
School District Harlem 122
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