NOT LISTED FOR SALE

Estimated Value: $1,517,338

Studio
-- Bath
-- Sq Ft
1 Acre Lot

Sale Details

Date Sold: December 19, 2025

Last sale price $2,200,000

Est. 31% decrease in value since last sale

Current estimated payment $9,742 / mo

63 Days on Market

About This Home

As of December 2025

Wonderful investment opportunity with several units recently updated. This package consists of two 8-unit multi-family buildings on adjacent parcels. The units are 2 bed/1 bath with common hallway entrances with locked entryways. Basements contain storage lockers and coin operated laundry. Off-street parking is available on-site. Recent improvements include newer roof on Buckingham (within last 4 years) and 86th (within last year). *Property is being sold in its ''as-is, where-as'' condition without any representations or warranties by Seller. **Room sizes, overall dimensions, lot lines/boundaries, sq. ft. & nature of properties are approximate and unverified by Firm. Buyer should verify any information material to Buyer's decision-making process.

Last Agent to Sell the Property

Matthew Krawczyk

Modern Realty Partners LLC License #58051-90 Listed on: 08/26/2025

Last Buyer's Agent

Matthew Mueller

Coldwell Banker Real Estate Group~Manitowoc License #55210-90

Coldwell Banker Real Estate Group~Manitowoc
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Property Details

Home Type

  • Multi-Family

Lot Details

  • 1 Acre Lot
  • 181032227222000

Home Design

  • Brick Exterior Construction

Basement

  • Basement Fills Entire Space Under The House
  • Block Basement Construction
  • Laundry in Basement

Community Details

  • Operating Expense $62,742
  • Net Operating Income $171,258

Listing and Financial Details

  • Exclusions: Seller's Personal Property and any Tenant's Personal Property
  • Tenant pays for electricity, gas
  • The owner pays for sewer, water
  • Assessor Parcel Number 181032227221000

Property Details

Home Type

Multi-Family

Lot Details

1 Acres

Listing Details

  • Property Sub Type: Multi-Family
  • Prop. Type: Multi-Family
  • Lot Size Acres: 1
  • Inclusions: 16 refrigerators, 16 oven/ranges, 16 gas furnaces, 16 electric hot water heaters, 2 coin operated washers and 2 coin operated dryers
  • Directions: Durand Avenue/Hwy 11 East to 86th Street; South on 86th Street to property on right. Also, around the corner on Buckingham is the second property.
  • Special Features: None

Interior Features

  • Owner Pays: Sewer, Water
  • Has Basement: Laundry Facilities, Block, Full
  • Basement YN: Yes

Exterior Features

  • Exclusions: Seller's Personal Property and any Tenant's Personal Property
  • Construction Type: Aluminum Siding, Brick

Garage/Parking

  • Attached Garage: No
  • Parking Features: Outdoor Space

Utilities

  • Sewer: Municipal Sewer

Schools

  • Junior High Dist: Racine Unified

Lot Info

  • Lot Size Sq Ft: 43560
  • Additional Parcels Description: 181032227222000
  • Parcel #: 181032227221000

Rental Info

  • Tenant Pays: Other, Electricity, Gas

Multi Family

  • Property Net Operating Income: 171258
  • Annual Operating Expense: 62742

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2025
Closed on
Dec 15, 2025
Sold by
Bought by
Seller's Agent
Matthew Krawczyk
Modern Realty Partners LLC
Buyer's Agent
Matthew Mueller
Coldwell Banker Real Estate Group~Manitowoc
List Price
$2,395,000
Sold Price
$2,200,000
Premium/Discount to List
-$195,000
-8.14%
Views
58
Current Estimated Value
$1,517,338

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$682,662

Purchase Details

Listed on
Jan 23, 2025
Closed on
Feb 27, 2025
Sold by
Bought by
Seller's Agent
Pat Bolger
Patrick Bolger Realty Group
Buyer's Agent
Matthew Krawczyk
Modern Realty Partners LLC
List Price
$1,895,000
Sold Price
$1,750,000
Premium/Discount to List
-$145,000
-7.65%
Views
21

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.65%
Original Mortgage
$1,814,532
Interest Rate
7.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 2022
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$993,750
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 21, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$745,600
Interest Rate
3.99%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,200,000 Simple Title
$1,750,000 Simple Title
$1,325,000 First American Title
$950,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $1,814,532
Previous Owner $993,750
Previous Owner $672,446
Previous Owner $745,600
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/19/2025 12/19/25 Sold $2,200,000 -4.1% --
10/22/2025 10/22/25 Price Changed $2,295,000 -2.1% --
10/01/2025 10/01/25 Price Changed $2,345,000 -2.1% --
08/26/2025 08/26/25 For Sale $2,395,000 +36.9% --
02/28/2025 02/28/25 Sold $1,750,000 -2.5% -- View Prior Sale
02/05/2025 02/05/25 Price Changed $1,795,000 -5.3% --
01/22/2025 01/22/25 For Sale $1,895,000 -- --
Source: Metro MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $16,628 $845,800 $144,000 $701,800
2024 $12,767 $661,200 $132,000 $529,200
2023 $12,656 $661,200 $132,000 $529,200
2022 $12,226 $661,200 $132,000 $529,200
2021 $9,449 $435,000 $70,000 $365,000
2020 $8,874 $435,000 $70,000 $365,000
2019 $8,438 $435,000 $70,000 $365,000
2018 $8,948 $435,000 $70,000 $365,000
2017 $8,552 $392,000 $56,300 $335,700
2016 $8,578 $392,000 $56,300 $335,700
2015 $9,087 $392,000 $56,300 $335,700
2014 $8,490 $392,000 $56,300 $335,700
2013 $8,996 $392,000 $56,300 $335,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1932420

Metro MLS

APN: 181-032227221000

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