NOT LISTED FOR SALE

705 Chicago St Racine, WI 53405

Kinzie Heights Neighborhood

Estimated Value: $157,000 - $222,000

Studio
-- Bath
2,252 Sq Ft
$81/Sq Ft Est. Value

Last Sold January 06, 2025

Last sale price $159,900 $71 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $1,290/month

1 Day on Market

About This Home

As of January 2025

Investors, scoop this one up fast! Each unit is mirror of each other and offer two bedrooms, dining and large living rooms. Upper unit could be expanded into the walk up attic that has been rough framed and ready to be finished for additional living space. Lower has an enclosed porch. Exterior is landscaped nicely and maintained. 2 car detached garage and fenced yard. Add to your investment portfolio, or live in the upper unit and rent the other! Lower on one year lease $825/month. Selling in AS IS condition, but this property offers plenty of potential for additional income or as an owner occupied.

Last Agent to Sell the Property

Charlene Nikolai

Cove Realty, LLC License #82905-94 Listed on: 10/28/2024

Last Buyer's Agent

Adam Pischke

ReBelle Realty License #96631-94

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,805

Year Built

  • Built in 1908

Lot Details

  • 5,663 Sq Ft Lot

Parking

  • 2 Car Detached Garage

Home Design

  • Duplex
  • Wood Siding
  • Masonite

Interior Spaces

  • 2,252 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Community Details

  • 2 Units

Listing and Financial Details

  • Exclusions: Seller or Tenants personal property

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,805

Year Built

Built in 1908

Lot Details

5,663 Sq Ft Lot

Parking

2

Listing Details

  • Prop. Type: Multi-Family
  • Inclusions: 2 Stoves/2 Refrigerators
  • Directions: Kinzie Ave. to Chicago St. head North to property on East Side of Chicago St.
  • New Construction: No
  • Year Built: 1908
  • Cleared Acreage: Less than 1/2
  • Full Street Address: 705 Chicago STREET
  • Lot Acreage: 0.13
  • Municipality Type: City
  • Lot Description Waterfront: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Has Basement: Brick, Full
  • Second Floor Total Sq Ft: 2252.00

Exterior Features

  • Exclusions: Seller or Tenants personal property
  • Exterior Building Type: 2 Story, Duplex
  • Exterior: Partial-Masonite/PressBoard, Partial-Wood

Garage/Parking

  • Parking Features:Workshop in Garage: Detached, 2 Car
  • Garage Spaces: 2.0

Utilities

  • Utilities: 2 Electric Meters, 2 Gas Meters
  • Water Waste: Municipal Sewer, Municipal Water

Schools

  • Junior High Dist: Racine

Lot Info

  • Zoning: RES
  • Acreage Range: 0.0 to .499

Tax Info

  • Tax Year: 2023
  • Total Taxes: 3805.15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2024
Closed on
Jan 3, 2025
Sold by
Monday Michael G
Bought by
Mmm Investment Group Llc
Seller's Agent
Charlene Nikolai
Cove Realty, LLC
Buyer's Agent
Adam Pischke
ReBelle Realty
List Price
$159,900
Sold Price
$159,900
Views
13
Current Estimated Value
$182,069

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,169
Avg. Annual Appreciation
12.41%
Original Mortgage
$119,925
Outstanding Balance
$116,573
Interest Rate
6.02%
Mortgage Type
New Conventional
Estimated Equity
$65,496

Purchase Details

Closed on
Apr 10, 2008
Sold by
Hoffman Eric W
Bought by
Monday Michael G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,443
Interest Rate
6.09%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mmm Investment Group Llc $159,900 Chicago Title
Monday Michael G $139,600 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mmm Investment Group Llc $119,925
Previous Owner Monday Michael G $137,443
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/06/2025 01/06/25 Sold $159,900 0.0% $71 / Sq Ft
10/29/2024 10/29/24 Pending -- -- --
10/28/2024 10/28/24 For Sale $159,900 -- $71 / Sq Ft
Source: Metro MLS

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 $4,236 $171,000 $19,700 $151,300
2023 $4,160 $156,000 $19,700 $136,300
2022 $3,644 $140,000 $19,700 $120,300
2021 $3,721 $127,000 $19,700 $107,300
2020 $3,639 $127,000 $19,700 $107,300
2019 $3,359 $118,000 $19,700 $98,300
2018 $3,231 $109,000 $19,700 $89,300
2017 $3,384 $109,000 $19,700 $89,300
2016 $3,455 $109,000 $19,700 $89,300
2015 $3,645 $109,000 $19,700 $89,300
2014 $3,645 $109,000 $19,700 $89,300
2013 $3,645 $115,000 $25,800 $89,200
Source: Public Records

Agents Affiliated with this Home

  • Charlene Nikolai

    Seller's Agent in 2025

    Charlene Nikolai

    Cove Realty, LLC

    (262) 909-8106

    2 in this area

    287 Total Sales

    Charlene Nikolai
    Section Image

  • A

    Buyer's Agent in 2025

    Adam Pischke

    ReBelle Realty

    (262) 939-5822

    2 in this area

    72 Total Sales

    Adam Pischke
    Section Image
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Map

Source: Metro MLS

MLS Number: 1897582

Metro MLS

APN: 276-000006116000

Wisconsin Racine County Racine 53405 Kinzie Heights

705 Chicago St, Racine, WI

Not Listed for Sale

MultiFamily

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