$1,975,000
$374K PRICE DROP

1325 16th St Racine, WI 53403

Uptown-the Junction Neighborhood

Estimated payment $11,802/month

Total Views 1,051
-- Bed
-- Bath
45,500 Sq Ft
$43 Price per Sq Ft

About This Home

Great location, and right size, this recent renovation brings this long vacant property back to life and is ready for new owners to occupy and build their business. Let's talk about the new roof, tuckpointed all around, rebuilt parapet wall on West side, new heaters, new complete sprinkler system, new electrical service, new LED lighting throughout, new restrooms, new doors. This building is truly ready to customize for your use. Two drive in doors, Two docks with doc plates, ample parking on East, West and South, fenced area for more secure outdoor storage. All the heavy lifting has been done.Exterior paint colors can be selected by new owner or take it as is. Some items yet to be done, but very near completion.

Listing Agent

Carol Hawes

SynerG Realty LLC License #51527-90 Listed on: 03/05/2024

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $16,467

Lot Details

  • 3.05 Acre Lot
  • Sprinkler System

Parking

  • 50 Parking Spaces

Home Design

  • 45,500 Sq Ft Home
  • Rubber Roof

Outdoor Features

  • Loading Dock or Area

Listing and Financial Details

  • Assessor Parcel Number 09087001

Property Details

Property Type

Other

Est. Annual Taxes

$16,467

Lot Details

0

Listing Details

  • Property Sub Type: Commercial/Industrial
  • Prop. Type: Comm/Industrial
  • Lot Size Acres: 3.05
  • Road Frontage Type: Town/City Road, Paved Road
  • Directions: From RACINE STREET (HWY. 32) TO 16TH STREET, WEST ONE BLOCK TO PROPERTY. ALSO, TAKE 16TH STREET FOUR BLOCKS EAST FROM SOUTH MEMORIAL DRIVE TO PROPERTY.
  • Property Information:Est Total Sq Ft: 45500
  • Special Features: None

Interior Features

  • Has Basement: None

Exterior Features

  • Construction Type: Other
  • Roof: Rubber

Garage/Parking

  • Total Parking Spaces: 50

Utilities

  • Green Building Features: Security Equipment, Sprinkler System, Loading Dock, Rest Rooms
  • Sewer: Municipal Sewer

Lot Info

  • Lot Size Sq Ft: 132858
  • Parcel #: 09087001

Tax Info

  • Tax Annual Amount: 16467
  • Tax Year: 2022

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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 $17,467 $499,000 $123,900 $375,100
2023 $17,844 $660,000 $123,900 $536,100
2022 $25,907 $660,000 $123,900 $536,100
2021 $23,443 $660,000 $123,900 $536,100
2020 $24,663 $660,000 $123,900 $536,100
2019 $23,672 $660,000 $123,900 $536,100
2018 $20,005 $0 $0 $0
2017 $22,420 $635,000 $123,900 $511,100
2016 $24,475 $635,000 $123,900 $511,100
2015 $26,284 $633,200 $123,900 $509,300
2014 $26,284 $633,200 $123,900 $509,300
2013 $26,284 $776,700 $128,400 $648,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2024 09/09/24 Price Changed $1,975,000 -8.1% $43 / Sq Ft
09/03/2024 09/03/24 Price Changed $2,150,000 -2.3% $47 / Sq Ft
08/07/2024 08/07/24 Price Changed $2,200,000 -4.3% $48 / Sq Ft
07/01/2024 07/01/24 Price Changed $2,300,000 -2.1% $51 / Sq Ft
03/05/2024 03/05/24 For Sale $2,349,000 -- $52 / Sq Ft
Source: Metro MLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Warranty Deed $302,200 None Listed On Document
Quit Claim Deed -- None Available
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $500,000 New Conventional
Previous Owner $78,000 Future Advance Clause Open End Mortgage
Previous Owner $175,000 Unknown
Previous Owner $250,000 Unknown
Source: Public Records

Source: Metro MLS

MLS Number: 1866639

Metro MLS

APN: 276-000009087001

Wisconsin Racine County Racine 53403 Uptown-the Junction

1325 16th St, Racine, WI

This home is located at 1325 16th St, Racine, WI 53403 and is currently priced at $1,975,000, approximately $43 per square foot. 1325 16th St is a home located in Racine County with nearby schools including Mitchell Middle School, Case High School, and Racine Civil Leaders Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Metro MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

IDX listing data provided by Multiple Listing Service, Inc. Information is supplied by seller and other third parties and has not been verified.

Copyright 2025 – Multiple Listing Service, Inc. – All Rights Reserved.

Nearby Homes
Carol Hawes
Listing Agent
Carol Hawes
Section Image
SynerG Realty LLC
(262) 762-7550