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401 E Riverside Blvd
Loves Park, IL 61111
Free Standing Building with Drive-Thru · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
1,350 SF
Year Built/Renovated
1963/2017
Building Height
1 Story
Building FAR
0.12
Lot Size
0.25 AC
Zoning
CR
Parking
20 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
75’ on East Riverside

AMENITIES

  • Pylon Sign
  • Restaurant
  • Tenant Controlled HVAC
  • Drive Thru
  • Air Conditioning

ABOUT 401 E RIVERSIDE BLVD , LOVES PARK, IL 61111

Free-standing building with ample parking. Building completely renovated in 2017! Dine-in and carry-out, plus drive-thru. Warm and inviting atmosphere. Fully equipped - all new equipment (coffee and gelato equipment not included). Asset sale - no financials. Currently a gelato and coffee house offering delicious old-world gelato, coffee, paninis, pastries and desserts. Can keep the current concept or make it your own. Possible to add gaming. Location: Prime retail space on busy East Riverside Blvd and N 2nd St, across the river from North Towne Mall. Perfectly situated in a flourishing residential, commercial and industrial community in Northern Illinois located 80 miles northwest of Chicago in the Greater Rockford metropolitan area. Rockford is the largest city in IL outside of Chicago, conveniently located 65 miles northwest of O'Hare. The area is home to several Fortune 500 company facilities, 3 major medical facilities, as well as more than 15,000 other businesses. It's the best of big city and small-town living. Almost 30 percent of the US population lives within 500 miles of Rockford's borders! Year Established: 2018 Real Estate: Taxes $2,916 Building Square Feet: 1,350 Seating: 30 Days/Hrs of Operation: Currently Closed Value of FF&E: Included In Asking Price (Except For Coffee And Gelato Equipment) Seller Financing: No Competition/Market: Convenient drive-thru. Easy in and out. Surrounded by a vast residential and commercial area. Growth & Expansion: Great visibility and signage on a highly trafficked street.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
11-01-429-001
Land Assessment
$28,969
Improvements Assessment
$23,245
Total Assessment
$52,214
  • Listing ID: 14600288

  • Date on Market: 12/10/2018

  • Last Updated:

  • Address: 401 E Riverside Blvd, Loves Park, IL 61111

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