723 W Historic Mitchell St Milwaukee, WI 53204
Historic Mitchell Street NeighborhoodEstimated payment $2,899/month
Highlights
- Display Windows
- Storage
- Central Air
- Golda Meir School Rated A-
About This Home
Develop your commercial/residential plan at the heart of Milwaukee's historic commercial corridor. This property sits on Historic Mitchell St, just southwest of Walker's Point and a straight shot to the rapidly developing Harbor Districtless than a mile from Lake Michigan. With over 19,000 sqft, the building is ready to be transformed into a dynamic mix of commercial/residential uses. The main level offers 2,200 sq.ft. of finished commercial spaceready to occupy immediately. The rest is a blank canvas awaiting your development ideas, from loft-style residences to creative workspaces. Surrounded by a community of entrepreneurs, artists, and small businesses, this property offers an opportunity to get in early and help design the future of one of Milwaukee's historic commercial districts.
Property Details
Property Type
- Other
Est. Annual Taxes
- $6,006
Parking
- 4 Parking Spaces
Home Design
- Brick Exterior Construction
- Rubber Roof
- Stucco Exterior
Interior Spaces
- 19,010 Sq Ft Home
- Display Windows
- Storage
- Basement Fills Entire Space Under The House
Utilities
- Central Air
- 220 Volts
Additional Features
- Loading Dock or Area
- 6,098 Sq Ft Lot
Listing and Financial Details
- Assessor Parcel Number 4610544100
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 |
|---|---|---|---|---|
| 2024 | $7,537 | $262,000 | $18,200 | $243,800 |
| 2023 | $5,853 | $247,700 | $18,200 | $229,500 |
| 2022 | $7,403 | $247,700 | $18,200 | $229,500 |
| 2021 | $8,066 | $247,700 | $18,200 | $229,500 |
| 2020 | $8,431 | $247,700 | $18,200 | $229,500 |
| 2019 | $8,366 | $264,000 | $18,200 | $245,800 |
| 2018 | $7,886 | $264,000 | $18,200 | $245,800 |
| 2017 | $7,599 | $243,000 | $18,200 | $224,800 |
| 2016 | $7,060 | $214,000 | $18,200 | $195,800 |
| 2015 | $6,423 | $193,000 | $18,200 | $174,800 |
| 2014 | $8,445 | $249,000 | $18,200 | $230,800 |
| 2013 | -- | $265,000 | $18,200 | $246,800 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/08/2025 09/08/25 | Price Changed | $450,000 | -5.3% | $24 / Sq Ft |
| 09/03/2025 09/03/25 | Price Changed | $475,000 | -2.1% | $25 / Sq Ft |
| 08/22/2025 08/22/25 | Price Changed | $485,000 | -1.8% | $26 / Sq Ft |
| 08/14/2025 08/14/25 | Price Changed | $494,000 | -1.0% | $26 / Sq Ft |
| 07/24/2025 07/24/25 | For Sale | $499,000 | 0.0% | $26 / Sq Ft |
| 07/19/2025 07/19/25 | Off Market | $499,000 | -- | -- |
| 07/19/2025 07/19/25 | For Sale | $499,000 | -- | $26 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $260,000 | Knight Barry Title Inc | |
| Land Contract | -- | Knight Barry Title Inc | |
| Warranty Deed | $250,000 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $188,000 | New Conventional | |
| Closed | $195,000 | Unknown | |
| Closed | $195,000 | New Conventional | |
| Previous Owner | $351,000 | Commercial | |
| Previous Owner | $360,000 | Unknown | |
| Previous Owner | $391,500 | Purchase Money Mortgage |
Source: Metro MLS
MLS Number: 1927385
APN: 461-0544-100-2
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