$450,000

4120 S 124th St Milwaukee, WI 53228

Estimated payment $3,035/month

Total Views 1,161
3.58 Acres
$125,698 Price per Acre
155,945 Sq Ft Lot

About This Lot

Prime Developable Vacant Land available now. Located in the heart of Greenfield, this prime piece of vacant land offers an exceptional opportunity for development. Situated in a highly desirable area, the property is surrounded by lush parks, recreational spaces, and easy access to public transit, making it an ideal location for residential, commercial, or mixed-use development. The property is currently home to a residence, but the true value lies in the land itself, offering endless potential to create something new. Whether you're looking to build a multi-family complex, a commercial establishment, or a private residence with ample space, the possibilities are vast. Established neighborhood with excellent access to a variety of shopping, dining, and entertainment destinations.

Listing Agent

Nicholas Wachal

RE/MAX Premier Properties License #71830-94 Listed on: 08/22/2025

RE/MAX Premier Properties

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,991

Lot Details

  • 3.58 Acre Lot

Schools

  • Greenfield Middle School
  • Greenfield High School

Listing and Financial Details

  • Assessor Parcel Number 5659974001

Property Details

Property Type

Land

Est. Annual Taxes

$6,991

Lot Details

0

Listing Details

  • Property Sub Type: Vacant Land
  • Prop. Type: Land
  • Lot Size Acres: 3.58
  • Road Frontage Type: Town/City Road, High Visibility, Paved Road, Service-City/Village
  • Directions: I43 to Layton Avenue Exit. North (Left) to property on the East (right) side of 124th St.
  • Special Features: None

Exterior Features

  • Topography: Level, Wooded
  • Other Structures: Livable, Residence

Utilities

  • Green Building Features: Near Public Transit, Near Recreation Area

Schools

  • Junior High Dist: Greenfield
  • High School: Greenfield
  • Middle Or Junior School: Greenfield

Lot Info

  • Current Use: Residential
  • Lot Size Sq Ft: 155944.8
  • Parcel #: 5659974001

Tax Info

  • Tax Annual Amount: 6991
  • Tax Year: 2024

Map

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
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List Price
Sold Price
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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 $6,568 $363,000 $147,500 $215,500
2023 $6,568 $363,000 $147,500 $215,500
2022 $6,533 $235,900 $114,100 $121,800
2021 $6,548 $235,900 $114,100 $121,800
2020 $6,605 $235,900 $114,100 $121,800
2019 $6,421 $235,900 $114,100 $121,800
2018 $6,789 $235,900 $114,100 $121,800
2017 $7,421 $235,900 $114,100 $121,800
2016 $6,476 $235,900 $114,100 $121,800
2015 $6,847 $235,900 $114,100 $121,800
2014 $7,261 $235,900 $114,100 $121,800
2013 $6,485 $235,900 $114,100 $121,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2025 08/22/25 For Sale $450,000 -- --
Source: Metro MLS

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Personal Reps Deed $153,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $180,000 New Conventional
Open $394,000 Unknown
Closed $143,450 Purchase Money Mortgage
Source: Public Records

Source: Metro MLS

MLS Number: 1932137

Metro MLS

APN: 565-9974-001