232 Main St Racine, WI 53403
Downtown Racine NeighborhoodEstimated payment $1,828/month
Highlights
- Property is near public transit
- Display Windows
- Central Air
About This Home
Take advantage of this rare opportunity to own a beautifully restored mixed-use property in the heart of Downtown Racine. The main level offers a unique commercial space full of charm and character, featuring original exposed brick walls, a classic tin ceiling, private restroom, storage area, and convenient rear alley access. The upper level features a spacious and inviting 2-bedroom apartment, ideal for owner-occupancy or added rental income. Highlights include warm wood flooring, an exposed brick kitchen with tile floors, full bathroom, in-unit laundry, and a private wood deck perfect for relaxing or entertaining. Whether you're an investor or business owner looking for a live/work setup, this versatile property offers endless potential.
Property Details
Property Type
- Other
Est. Annual Taxes
- $4,434
Parking
- 2 Parking Spaces
Home Design
- Brick Exterior Construction
- Tar and Gravel Roof
Interior Spaces
- 2,499 Sq Ft Home
- Display Windows
- Basement Fills Entire Space Under The House
Additional Features
- 2,178 Sq Ft Lot
- Property is near public transit
- Central Air
Community Details
- Operating Expense $1
- Gross Income $27,540
- Net Operating Income $1
Listing and Financial Details
- Assessor Parcel Number 00077000
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 |
|---|---|---|---|---|
| 2025 | $5,223 | $190,300 | $17,900 | $172,400 |
| 2024 | $4,755 | $173,000 | $17,900 | $155,100 |
| 2023 | $4,955 | $173,000 | $17,900 | $155,100 |
| 2022 | $4,784 | $165,000 | $17,900 | $147,100 |
| 2021 | $5,290 | $165,000 | $17,900 | $147,100 |
| 2020 | $5,187 | $165,000 | $17,900 | $147,100 |
| 2019 | $4,856 | $157,000 | $17,900 | $139,100 |
| 2018 | $4,434 | $137,000 | $17,900 | $119,100 |
| 2017 | $4,572 | $137,000 | $17,900 | $119,100 |
| 2016 | $5,611 | $137,000 | $17,900 | $119,100 |
| 2015 | $5,497 | $137,000 | $17,900 | $119,100 |
| 2014 | $5,497 | $137,000 | $17,900 | $119,100 |
| 2013 | $5,497 | $160,000 | $17,900 | $142,100 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/05/2026 04/05/26 | For Sale | $274,997 | -- | $110 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $145,000 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $116,250 | Future Advance Clause Open End Mortgage |
Source: Metro MLS
MLS Number: 1956433
APN: 276-000000077000
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Ask me questions while you tour the home.