5325 N 2nd St | Loves Park, IL 61111
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- LoopNet Team
5325 N 2nd St
Loves Park, IL 61111
Second Street Square · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Long-Term Occupancy - Nearly All Tenants have Operated at the Property Since Its Construction | Value-Add Opportunity Through Lease-up of Vacant Suite
- NNN Leases | Fee Simple Ownership | Minimal Landlord Responsibilities
- Internet-Resistant Tenant Mix | Tenants Include Anytime Fitness, Northwest Bank of Rockford, Edward Jones and Dotty's Cafe
- Nearby National/Credit Tenants | Increases Consumer Traffic to Trade Area & Promotes Crossover Shopping
PROPERTY FACTS
Property Type
Retail
Building Size
14,773 SF
Building Class
B
Year Built
2008
Percent Leased
87%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.16
Lot Size
2.07 AC
Zoning
CR: Retail Commercial
Frontage
AMENITIES
- Corner Lot
- Signage
- Drive Thru
ABOUT 5325 N 2ND ST , LOVES PARK, IL 61111
Second Street Square is strategically situated on North 2nd Street, a major north/south thoroughfare traveling through Loves Park. The site has excellent frontage along North 2nd Street and increased visibility due to its large monument sign. Nearby national/credit tenants include a 24-hour Walmart Supercenter, Walgreens, ALDI, and more, increasing consumer traffic to the subject property.
PROPERTY TAXES
| Parcel Number | 12-07-104-049 | Improvements Assessment | $366,539 |
| Land Assessment | $101,113 | Total Assessment | $467,652 |
PROPERTY TAXES
Parcel Number
12-07-104-049
Land Assessment
$101,113
Improvements Assessment
$366,539
Total Assessment
$467,652
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