$800,000
PENDING $400K PRICE DROP

Estimated payment $5,576/month

-- Bed
-- Bath
18,600 Sq Ft
$43 Price per Sq Ft

Highlights

  • Elevator
  • Central Air
  • 2-minute walk to Park Place
  • Paneling
  • Carpet

About This Home

Key commercial property in Downtown Racine, offering a blend of hospitality, office space and a private club. The first floor bar/restaurant, including a second floor banquet space, provides an immediate leasing opportunity, while the upper floors cater to office tenants with the appeal of Lake Michigan views. The private club on the top floor, complete with kitchen and bar, further enhances its premium value. Given its location at the busy intersection of 6th and Main, this building represents a significant investment opportunity in Racine's thriving Downtown.

Listing Agent

John Crimmings

First Weber Inc- Racine License #16217-90

First Weber Inc- Racine

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $13,695

Year Built

  • 1899

Lot Details

  • 3,485 Sq Ft Lot
  • Property fronts a state road

Home Design

  • Brick Exterior Construction
  • Rubber Roof

Interior Spaces

  • 18,600 Sq Ft Home
  • Paneling
  • Carpet
  • Basement Fills Entire Space Under The House

Utilities

  • Central Air
  • 220 Volts

Community Details

  • Elevator
  • Office

Listing and Financial Details

  • Exclusions: Personal property of seller and tenants.
  • Assessor Parcel Number 00316000

Property Details

Property Type

Other

Est. Annual Taxes

$13,695

Year Built

1899

Lot Details

0

Listing Details

  • Property Sub Type: Commercial/Industrial
  • Prop. Type: Comm/Industrial
  • Lot Size Acres: 0.08
  • Road Frontage Type: Town/City Road, State Road, High Visibility, Paved Road, Near Public Transit
  • Inclusions: To be determined
  • Directions: Washington Ave to 7th Street; east to Main Street; north to 6th Street. SW corner of 6th and Main Streets.
  • Special Features: None
  • Year Built: 1899

Interior Features

  • Has Basement: Full, Brick
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exclusions: Personal property of seller and tenants.
  • Construction Type: Brick
  • Roof: Rubber

Utilities

  • Green Building Features: Elevator, Fixtures, Furniture, Carpeting, Paneling, Rest Rooms, 220 Volt Power, Office(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Sewer: Municipal Sewer

Lot Info

  • Lot Size Sq Ft: 3484.8
  • Parcel #: 00316000

Tax Info

  • Tax Annual Amount: 13695
  • Tax Year: 2024

Map

Range of Values:

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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 $13,695 $483,000 $29,800 $453,200
2023 $14,229 $483,000 $29,800 $453,200
2022 $14,108 $483,000 $29,800 $453,200
2021 $15,598 $483,000 $29,800 $453,200
2020 $15,291 $483,000 $29,800 $453,200
2019 $14,435 $460,000 $29,800 $430,200
2018 $12,876 $400,000 $29,800 $370,200
2017 $13,164 $400,000 $29,800 $370,200
2016 $13,452 $400,000 $29,800 $370,200
2015 $12,921 $400,000 $29,800 $370,200
2014 $12,921 $400,000 $29,800 $370,200
2013 $12,921 $400,000 $29,800 $370,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2025 03/15/25 Off Market $800,000 -- --
01/22/2025 01/22/25 Pending -- -- --
12/13/2024 12/13/24 Price Changed $800,000 0.0% $43 / Sq Ft
12/13/2024 12/13/24 For Sale $800,000 0.0% $43 / Sq Ft
12/10/2024 12/10/24 Price Changed $800,000 -1.2% $43 / Sq Ft
12/05/2024 12/05/24 Sold $810,000 -32.5% $44 / Sq Ft
09/16/2024 09/16/24 For Sale $1,200,000 -- $65 / Sq Ft
Source: Metro MLS

Deed History

Date Type Sale Price Title Company
Warranty Deed $295,000 Mayfair Title Corporation
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $525,000 Future Advance Clause Open End Mortgage
Closed $395,000 Construction
Source: Public Records

Source: Metro MLS

MLS Number: 1892018

Metro MLS

APN: 276-000000316000