NOT LISTED FOR SALE

5525 8th Ave Kenosha, WI 53140

Downtown Kenosha Neighborhood

Estimated Value: $695,042

1.38 Acres
$503,654 Price per Acre
60,113 Sq Ft Lot

Last Sold January 15, 2021

Last sale price $575,000

Est. 21% increase in value since last sale

Current estimated payment $4,195/month

484 Days on Market

Highlights

  • 1.38 Acre Lot
  • High Speed Internet
  • Level Lot

About This Lot

As of January 2021

Sale includes two (2) separate and legally distinct parcels including tax parcel numbers 12-223-31-405-001 and 12-223-31-405-002 and currently is improved with a Chase Bank drive-thru building and parking lot that is leased for a short term. Site assemblage contains approximately 1.378 acres or 60,020 square foot commercial lot encompassing a city block in downtown Kenosha, along 56th Street, 55th Street, 7th Avenue and 8th Avenue. Site assemblage is located just south of the planned Kenosha Vision development and just east of the planned new City Hall and public parking garage. Site assemblage is zoned B-3 Central Business District.

Last Agent to Sell the Property

Andrew Pitts

Pitts Brothers & Associates, LLC License #83453-94 Listed on: 08/05/2019

Last Buyer's Agent

Andrew Pitts

Pitts Brothers & Associates, LLC License #83453-94 Listed on: 08/05/2019

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $14,153

Lot Details

  • 1.38 Acre Lot
  • Level Lot
  • Finished Lot(s)
  • Property is zoned B-3

Schools

  • Brass Community Elementary School
  • Washington Middle School
  • Tremper High School

Utilities

  • High Speed Internet
  • Phone Available
  • Cable TV Available

Property Details

Property Type

Land

Est. Annual Taxes

$14,153

Lot Details

0

Listing Details

  • Prop. Type: Vacant Land
  • Directions: Property located at the northeast corner of 56th Street and 8th Avenue, and northwest corner of 56th Street and 7th Avenue in Downtown Kenosha. Additional frontage along 55th Street.
  • New Construction: No
  • Cleared Acreage: Over 1 acre to 2 acres
  • Full Street Address: 5525 8th Ave
  • Lot Acreage: 1.38
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Utilities: Cable, Electricity, High Speed Internet Available, Natural Gas, Telephone
  • Water Waste: Municipal Sewer, Municipal Water, Municipal Water Required

Schools

  • School District: Kenosha
  • Elementary School: Brass Community
  • Middle School: Washington
  • High School: Tremper
  • Elementary School: Brass Community
  • High School: Tremper
  • Junior High Dist: Kenosha

Lot Info

  • Zoning: B-3
  • Acreage Range: 1 to 4.99
  • Lot Description: Level, Finished Lots, Curb/gutter, Sidewalks

Tax Info

  • Tax Year: 2018
  • Assessor Parcel Number 2: 12-223-31-405-001
  • Total Taxes: 14153.0

MLS Schools

  • Middle School: Washington

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2019
Closed on
Jan 13, 2021
Sold by
Chase Partners Kenosha Llc
Bought by
Kenosha Downtown Vision Llc
Seller's Agent
Andrew Pitts
Pitts Brothers & Associates, LLC
Buyer's Agent
Andrew Pitts
Pitts Brothers & Associates, LLC
List Price
$575,000
Sold Price
$575,000
Current Estimated Value
$695,042

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,042

Purchase Details

Closed on
May 21, 2018
Sold by
Dbchase Llc
Bought by
Chase Partners Kenosha Llc

Purchase Details

Closed on
Dec 19, 2016
Sold by
Jp Morgan Chase Bank
Bought by
Dbchase Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
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

Purchase History

Date Buyer Sale Price Title Company
Kenosha Downtown Vision Llc $575,000 None Available
Chase Partners Kenosha Llc -- None Available
Dbchase Llc $77,300 Fidelity National Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2021 01/15/21 Sold $575,000 0.0% --
12/01/2020 12/01/20 Pending -- -- --
08/05/2019 08/05/19 For Sale $575,000 -- --
Source: Metro MLS

Tax History Compared to Growth

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
2023 $5,246 $190,000 $190,000 $0
2022 $5,246 $190,000 $190,000 $0
2021 $5,413 $190,000 $190,000 $0
2020 $5,666 $190,000 $190,000 $0
2019 $2,785 $95,000 $95,000 $0
2018 $2,927 $95,000 $95,000 $0
2017 $3,728 $95,000 $95,000 $0
2016 $3,461 $95,000 $95,000 $0
2015 $3,117 $95,000 $95,000 $0
2014 $2,949 $95,000 $95,000 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2021

    Andrew Pitts

    Pitts Brothers & Associates, LLC

    (262) 496-8883

    7 in this area

    63 Total Sales

    Andrew Pitts
    Section Image
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Map

Source: Metro MLS

MLS Number: 1655453

Metro MLS

APN: 12-223-31-405-002

Wisconsin Kenosha County Kenosha 53140 Downtown Kenosha

5525 8th Ave, Kenosha, WI

This home is located at 5525 8th Ave, Kenosha, WI 53140 since 05 August 2019 and is currently priced at $695,042. 5525 8th Ave is a home located in Kenosha County with nearby schools including Jefferson Elementary School, Washington Middle School, and Bradford High School.

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