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$185,000

  • Sold
  • Closed
  • Multi-Family
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Tenant Occupied. Please allow 24 hour showing notice. Owner only has a key for unit 6. Tenants will be present for showings. Agent has not toured unit 5. All square footage and dimensions are approximate. Being sold as is. Thank you for showing. 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.

Full Property Details for 5118 N 2nd St

General

  • Sold For: $185,000
  • Taxes: $4,519 (2024)
  • Status: Closed
  • Type: Multi-Family
  • Source: 2606
  • MLS ID: 202506584
  • Added to Site: 86 day(s) ago

Interior

  • Appliances: Refrigerator, Stove/Cooktop

Parking

  • Total Spaces: 6

Location

  • Area: Winnebago County
  • County: Winnebago
  • Subdivision: IL

School Information

  • School District: Harlem 122
  • Elementary School: Loves Park Elementary
  • Middle School: Harlem Jr
  • High School: Harlem High School

Heating & Cooling

  • Cooling Type: None
  • Heating Type: Forced Air, Natural Gas
  • Water Heater: Gas

Utilities

  • Sewer: City
  • Water: City
  • Sep. Elec Meters: Yes

Structural Information

  • Architectural Style: 1 Story
  • Exterior Const.: Wood, Vinyl
  • Roof: Shingle
  • Square Feet: 1,886
  • Year Built: 1953

Unit Information

Unit 1

  • Square Feet: 625
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 2

  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 3

  • Square Feet: 636
  • Total Bathrooms: 1
  • Bedrooms: 1

Financial Considerations

  • Price Per Sq. Ft.: $98.09
  • For Sale/Rent/Lease: For Sale
  • Tax Amount: $4,519
  • Tax Year: 2024

Disclosures and Reports

  • Legal Description: SNOWS ARLINGTON SUBD BNG SUBD IN E 1/2 SEC 12-44-1 LOTS 5-6 + 007

Listed by Shorewest Realtors
Sold by Berkshire Hathaway HomeServices Crosby Starck RE

Listing agent

— 5118 N 2nd St —

  • Shorewest Realtors

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with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 5118 N 2nd St

School District:Harlem Unit School District 122
NameGradesDistance
Loves Park Elementary School
344 Grand Avenue, Loves Park, IL 61111
1-60.5 mi
Harlem Middle School
735 Windsor Road, Loves Park, IL 61111
7-81.3 mi
Harlem High School
9229 North Alpine Road, Machesney Park, IL 61115
9-123.9 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 5118 N 2nd St

Date
Details
Price
Change
Source
12/23/2025
Sold
$185,000
-7.5%
MLS
10/23/2025
Listed
$200,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Shorewest Realtors
Sold by Berkshire Hathaway HomeServices Crosby Starck RE

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5118 N 2nd Street, Loves Park, IL 61111 (MLS# 202506584) is a Multi-Family property that was sold at $185,000 on December 23, 2025. Want to learn more about 5118 N 2nd Street? Do you have questions about finding other Multi-Family real estate for sale in Loves Park? You can browse all Loves Park real estate or contact a Coldwell Banker agent to request more information.