202 E Main St Twin Lakes, WI 53181
Estimated payment $13,122/month
Highlights
- 1.7 Acre Lot
- Central Air
- 3-minute walk to Lance Park
About This Home
This prime mixed-use property presents an exceptional investment opportunity with 4 commercial units on the first floor and 4 residential units across the second and third floors, currently generating reliable cash flow through existing leases. Positioned in a rapidly developing area, the property offers significant upside potential, including the possibility to add additional residential units for short-term or long-term rentals, as well as the opportunity to develop self-storage on the remaining land. With commercial zoning in place, this property allows for flexible future use, making it a strategic asset with the potential to increase both value and cash flow. Located just minutes from Lake Geneva and the WI/IL border, this is a highly desirable location for growth.
Property Details
Property Type
- Other
Est. Annual Taxes
- $24,999
Lot Details
- 1.7 Acre Lot
Parking
- 30 Parking Spaces
Home Design
- 20,975 Sq Ft Home
- Brick Exterior Construction
- Composition Roof
- Rubber Roof
Utilities
- Central Air
- 220 Volts
Community Details
- Office
Listing and Financial Details
- Assessor Parcel Number 8541192113525
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 | $6,827 | $403,500 | $85,500 | $318,000 |
| 2023 | $8,897 | $365,500 | $68,700 | $296,800 |
| 2022 | $8,749 | $365,500 | $68,700 | $296,800 |
| 2021 | $9,164 | $365,500 | $68,700 | $296,800 |
| 2020 | $10,215 | $365,500 | $68,700 | $296,800 |
| 2019 | $9,544 | $365,500 | $68,700 | $296,800 |
| 2018 | $9,044 | $335,000 | $68,700 | $266,300 |
| 2017 | $7,573 | $291,000 | $68,700 | $222,300 |
| 2016 | $13,135 | $504,000 | $68,700 | $435,300 |
| 2015 | $11,707 | $504,000 | $68,700 | $435,300 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/09/2025 07/09/25 | Price Changed | $1,995,000 | +195.6% | $95 / Sq Ft |
| 07/09/2025 07/09/25 | Price Changed | $675,000 | +237.5% | $84 / Sq Ft |
| 07/09/2025 07/09/25 | Price Changed | $200,000 | +11.1% | $66 / Sq Ft |
| 07/09/2025 07/09/25 | Price Changed | $180,000 | -92.1% | $84 / Sq Ft |
| 06/09/2025 06/09/25 | Price Changed | $2,284,900 | +213.2% | $109 / Sq Ft |
| 06/09/2025 06/09/25 | Price Changed | $729,500 | +224.2% | $90 / Sq Ft |
| 05/09/2025 05/09/25 | For Sale | $225,000 | +21.6% | $74 / Sq Ft |
| 05/09/2025 05/09/25 | For Sale | $185,000 | -77.3% | $86 / Sq Ft |
| 05/09/2025 05/09/25 | For Sale | $815,000 | -67.4% | $101 / Sq Ft |
| 05/09/2025 05/09/25 | For Sale | $2,499,900 | -- | $119 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $323,932 | Advantage Title & Closing Serv | |
| Deed | $335,000 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $284,750 | Commercial |
Source: Metro MLS
MLS Number: 1916811
APN: 85-4-119-211-3525
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