1318 N Main St Racine, WI 53402
The 9th Ward NeighborhoodEstimated payment $2,067/month
Highlights
- Storage
- Carpet
- 5-minute walk to North Beach Park
About This Home
Unique 3-in-1 business rental opportunity in the heart of Racine's Main Street! This versatile property includes a fully operational spa currently rented at $1,400/month, a warehouse space on a month-to-month lease for $900/month, and an office space, presently vacant, previously rented for $900/month. Perfect for investors or entrepreneurs seeking multiple income streams or combined business use. Ideally located within walking distance to Lake Michigan and downtown Racine, offering great exposure and accessibility. Don't miss this chance to capitalize on a prime location with diverse possibilities!
Listing Agent
Keller Williams Realty-Milwaukee North Shore License #94364-94 Listed on: 09/19/2025
Property Details
Property Type
- Other
Est. Annual Taxes
- $5,851
Lot Details
- 0.26 Acre Lot
Parking
- 6 Parking Spaces
Home Design
- Brick Exterior Construction
- Composition Roof
Interior Spaces
- 4,547 Sq Ft Home
- Storage
- Carpet
Listing and Financial Details
- Exclusions: tenants' personal properties
- Assessor Parcel Number 02371000
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 | $6,817 | $248,000 | $47,500 | $200,500 |
| 2023 | $7,104 | $248,000 | $47,500 | $200,500 |
| 2022 | $6,934 | $248,000 | $47,500 | $200,500 |
| 2021 | $7,722 | $248,000 | $47,500 | $200,500 |
| 2020 | $7,565 | $248,000 | $47,500 | $200,500 |
| 2019 | $7,196 | $236,000 | $47,500 | $188,500 |
| 2018 | $6,944 | $200,000 | $38,200 | $161,800 |
| 2017 | $6,889 | $200,000 | $38,200 | $161,800 |
| 2016 | $6,895 | $190,000 | $38,200 | $151,800 |
| 2015 | $6,863 | $190,000 | $38,200 | $151,800 |
| 2014 | $6,863 | $190,000 | $38,200 | $151,800 |
| 2013 | $6,863 | $209,000 | $43,000 | $166,000 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/19/2025 09/19/25 | For Sale | $299,000 | -- | $66 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | Accurate Ttl & Closings Llc | |
| Land Contract | $249,900 | Accurate Title Co | |
| Warranty Deed | $180,000 | -- | |
| Land Contract | $180,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $224,900 | No Value Available | |
| Previous Owner | $170,000 | Purchase Money Mortgage |
Source: Metro MLS
MLS Number: 1936059
APN: 276-000002371000
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