9.13% Cap | Loves Park Plaza | Retail Center plus Storage Units

6125 N. 2nd Street | 6127 Hanna Ct, Loves Park, IL

$1,250,000

Price

14,778 sqft

Building Size

1.2 acres

Lot Area

Gallery
Street
Map
Overview
Building Size
14,778 sqft
Lot Area
1.2 acres
Occupancy
90%
Units
7
Year Built
1968
Description

SVN is pleased to present Loves Park Plaza located at 6125 N. 2nd Street a ±13,072 SF Retail Strip Center and ±1,706 SF Storage Garages on 1.20 AC in Love's Park, Illinois. This 7-unit retail center is 100% Occupied, masonry construction and well maintained. Recent improvements include new gutters and painting on North and East side, replacement of 5/6 HVAC units, parking lot seal coating/stripping, LED pylon signage. Additional income with 6 storage units leased in rear parking lot. Highly visible with 162' frontage along N. 2nd Street and near Interstate 90. TIF District and Enterprise Zone.

Loves Park is a city in Winnebago County, Illinois and part of the Rockford Metropolitan Statistical Area. Loves Park is approximately 85 miles northwest of Chicago. This area is along the Rock River and easy access to interstate I-90 and I-39.

Highlights
  • ±13,072 SF | 7-Unit | Retail Strip Center on 1.2 AC
  • ±1,706 SF Storage Garage | 6 Unit (5- 8'x8', 1-16'x8' Doors)
  • 100% Occupied | Renovated 2022
  • Double Parking Lot - Front and Rear
  • Upgraded Pylon Signage
  • 5 New HVAC Units (2018)
  • 162' Frontage on 2nd Street
Documents
Location
Gallery