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5118 N 2nd Street, 
Loves Park, IL 61111

$200,000


Bed


Bath


1,886

Sq Ft


Multi-Family

Pending

Listed by

Molly Leonard

Shorewest Realtors

608-754-2121

Last updated:

November 5, 2025, 08:46 PM

MLS#

202506584

Source:

IL RAAR

About This Home

5118 N 2nd Street

Opportunity knocks! This three-unit property, located just off N 2nd Street, sits on a generous 0.5-acre lot with alley access, offering both privacy and potential. Each unit features 1 bedroom and 1 bathroom, providing a solid rental setup for steady income. The property needs some TLC but has great upside for the right buyer. Included are 6 garage spaces, additional storage sheds, and coin-operated laundry for tenant convenience. The expansive lot may offer future development or expansion potential (buyer to verify). Conveniently located close to shopping, restaurants, and transit routes. A solid investment for those looking to add value and maximize returns.

Home Facts

Multi-Family

Price Summary

200,000

$106 per Sq. Ft.

MLS #:

202506584

Last Updated:

November 5, 2025, 08:46 PM

Added:

14 day(s) ago


Rooms & Interior

Interior

Living Area:

1,886 Sq. Ft.


Structure

Structure

Building Area:

1,886 Sq. Ft.


Finances & Disclosures

Finances

Price:

$200,000

Price per Sq. Ft:

$106 per Sq. Ft.

Source:IL RAAR
The information being provided by Rockford Area Association Of REALTORS® (Raar) Mls is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2025 Rockford Area Association Of REALTORS® (Raar) Mls All rights reserved.

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