1117 W Mitchell St Milwaukee, WI 53204
Historic Mitchell Street NeighborhoodEstimated payment $1,980/month
Highlights
- Display Windows
- Golda Meir School Rated A-
- Central Air
About This Home
Awesome opportunity to run your own business in storefront while generating consistent income from residential units upstairs in this 25 years of operating & well-established John's Jewelry mixed use building in the heart of Historic Mitchell St is now available only due to owner's retirement. Over 3000 sf of main flr w double show windows, well secured custom-made display area( cost over 100k to build out), 3 office rooms ,full bath & attached garage. Upstairs w 2x 2bed rm apt w solid tenants. Front unit w $800/m, Rear unit w $650, generates $1450/m. Business sold separately for less than the cost to build out for 125k, check MLS#1936533. One lucky buyer can make a combo deal together for $400k total ! This setup can be great for continuing an existing business or any other. Hurry !
Property Details
Property Type
- Other
Est. Annual Taxes
- $4,822
Home Design
- Brick Exterior Construction
- Rubber Roof
Interior Spaces
- 5,262 Sq Ft Home
- Display Windows
- Basement Fills Entire Space Under The House
Additional Features
- 3,485 Sq Ft Lot
- Central Air
Community Details
- Office
Listing and Financial Details
- Exclusions: The seller's and tenant's personal properties.
- Assessor Parcel Number 4610605000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $4,822 | $190,400 | $9,900 | $180,500 |
| 2023 | $4,253 | $180,000 | $9,900 | $170,100 |
| 2022 | $4,801 | $180,000 | $9,900 | $170,100 |
| 2021 | $5,277 | $180,000 | $9,900 | $170,100 |
| 2020 | $5,045 | $180,000 | $9,900 | $170,100 |
| 2019 | $5,092 | $176,000 | $9,900 | $166,100 |
| 2018 | $4,954 | $176,000 | $9,900 | $166,100 |
| 2017 | $4,815 | $162,000 | $9,900 | $152,100 |
| 2016 | $5,125 | $157,000 | $9,900 | $147,100 |
| 2015 | -- | $143,000 | $9,900 | $133,100 |
| 2014 | -- | $149,000 | $9,900 | $139,100 |
| 2013 | -- | $153,000 | $9,900 | $143,100 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/24/2025 09/24/25 | For Sale | $299,900 | -- | $57 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $95,000 | -- | |
| Warranty Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $45,000 | Commercial | |
| Closed | $70,000 | No Value Available |
Source: Metro MLS
MLS Number: 1936534
APN: 461-0605-000-7
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