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
Property Subtype
Freestanding
Building Size
12,674 SF
Building Class
A
Year Built
2008
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.14
Lot Size
2.07 AC
Zoning
CR: Retail Commercial
Parking
6.51 Spaces per 1,000 SF Leased
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 | $288,879 |
| Land Assessment | $79,690 | Total Assessment | $368,569 |
PROPERTY TAXES
Parcel Number
12-07-104-049
Land Assessment
$79,690
Improvements Assessment
$288,879
Total Assessment
$368,569
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