$540,000
SOLD JUL 2, 2025
-- Bed
-- Bath
4,626 Sq Ft
4,356 Sq Ft Lot

Recently Sold

$117 Per Sq Ft

2% Below List Price

35 Days on Market

Highlights

  • Fenced Yard
  • Golda Meir School Rated A-
  • 2-minute walk to Snail's Crossing

About This Home

As of July 2025

Fantastic Investment Opportunity in the heart of Riverwest! This solid brick 6-unit building features a versatile mix of units & strong income potential. Property includes a storefront commercial unit, along with (1) 3-bdrm, (1) 2-bdrm, (1) recently updated 1-bdrm, (1) 1-bdrm + den w/ 2 private entry doors, & a cozy studio. Fenced-in yard and patio for tenant enjoyment, along with 2 off-street parking spaces for added convenience. There's also untapped potential in Unit 3, which includes a large unfinished room that could be converted into a 2nd bedrooman excellent value-add opportunity. With its prime Riverwest location, close to local coffee shops, parks & public transportation, this property is a fantastic addition to any investor's portfolio. Also listed as Multifam - MLS #:1913298

Last Agent to Sell the Property

Jennifer Landro

LPT Realty License #59089-94 Listed on: 05/28/2025

LPT Realty

Last Buyer's Agent

Falk Ruvin Gallagher Team

Keller Williams Realty-Milwaukee North Shore License #48420-90

Keller Williams Realty-Milwaukee North Shore

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $10,055

Lot Details

  • 4,356 Sq Ft Lot
  • Fenced Yard

Parking

  • 2 Parking Spaces

Home Design

  • Brick Exterior Construction
  • Composition Roof

Interior Spaces

  • 4,626 Sq Ft Home
  • Basement Fills Entire Space Under The House

Listing and Financial Details

  • Exclusions: Seller's personal property / tenant's personal property
  • Assessor Parcel Number 28110050000

Property Details

Property Type

Other

Est. Annual Taxes

$10,055

Lot Details

4,356 Sq Ft Lot

Listing Details

  • Property Sub Type: Commercial/Industrial
  • Prop. Type: Comm/Industrial
  • Business Type: Other
  • Lot Size Acres: 0.1
  • Road Frontage Type: Town/City Road, Paved Road, Near Public Transit
  • Inclusions: 6 - Refrigerators, 6 - Oven/Stoves,, 1 - Coin Op Washer, 1 - Coin Op Dryer
  • Directions: North on Humboldt Blvd, West on E Chambers St, located on corner of E Chambers and N Fratney St.
  • Property Information:Est Total Sq Ft: 4626
  • Special Features: None

Interior Features

  • Has Basement: Full

Exterior Features

  • Exclusions: Seller's personal property / tenant's personal property
  • Construction Type: Brick
  • Roof: Composition

Garage/Parking

  • Total Parking Spaces: 2

Utilities

  • Green Building Features: Fenced Yard
  • Sewer: Municipal Sewer

Lot Info

  • Lot Size Sq Ft: 4356
  • Parcel #: 28110050000

Tax Info

  • Tax Annual Amount: 10055
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2025
Closed on
Jul 2, 2025
Sold by
Sjm Squared Properties Llc
Bought by
Gengler Property Group Llc
Seller's Agent
Jennifer Landro
LPT Realty
Buyer's Agent
Falk Ruvin Gallagher Team
Keller Williams Realty-Milwaukee North Shore
List Price
$549,900
Sold Price
$540,000
Premium/Discount to List
-$9,900
-1.8%
Views
72
Current Estimated Value
$522,481

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$17,519
Avg. Annual Appreciation
-4.48%
Original Mortgage
$432,000
Outstanding Balance
$429,797
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$92,684

Purchase Details

Listed on
Apr 1, 2022
Closed on
May 27, 2022
Sold by
Higgins Investments Llc
Bought by
Sjm Squared Properties Llc
Seller's Agent
Ashley Haut
Coldwell Banker Realty
Buyer's Agent
Meena Mousavi
Landro Milwaukee Realty
List Price
$455,000
Sold Price
$455,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.68%
Original Mortgage
$364,000
Interest Rate
5.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 22, 2011
Sold by
First Last Always Llc
Bought by
Higgins Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,987
Interest Rate
4.67%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 14, 2011
Sold by
Banchmark Properties Llc
Bought by
First Last Always Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
4.65%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 23, 2004
Sold by
Dominion 4 Llc
Bought by
Banchmark Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
5.63%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 18, 2003
Sold by
Margenau Jeffrey
Bought by
Dominion 4 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,200
Interest Rate
5.87%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 13, 2003
Sold by
Duncan Peter D
Bought by
Margenau Jeffrey N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
5.87%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 27, 2001
Sold by
Kilmer George J
Bought by
Margenau Jeffrey and Duncan Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
10%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 26, 2001
Sold by
Kilmer George J
Bought by
Margenau Jeffrey and Duncan Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
9%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 28, 2000
Sold by
Landis Charles M
Bought by
Kilmer George J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

Purchase History

Date Type Sale Price Title Company
Warranty Deed $540,000 None Listed On Document
Warranty Deed $455,000 None Listed On Document
Warranty Deed $233,500 None Available
Warranty Deed $165,000 None Available
Warranty Deed $340,000 --
Warranty Deed $199,000 --
Quit Claim Deed -- --
Warranty Deed -- --
Land Contract $160,000 --
Quit Claim Deed $49,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $432,000 New Conventional
Previous Owner $364,000 New Conventional
Previous Owner $189,987 Commercial
Previous Owner $120,000 Commercial
Previous Owner $205,000 Commercial
Previous Owner $159,200 Commercial
Previous Owner $145,000 Commercial
Previous Owner $153,000 Commercial
Previous Owner $144,000 Seller Take Back
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/02/2025 07/02/25 Sold $540,000 -1.8% $117 / Sq Ft
05/28/2025 05/28/25 For Sale $549,900 +20.9% $119 / Sq Ft
05/27/2022 05/27/22 Sold $455,000 0.0% $98 / Sq Ft View Prior Sale
04/06/2022 04/06/22 Pending -- -- --
04/01/2022 04/01/22 For Sale $455,000 -- $98 / 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 $10,055 $437,600 $10,500 $427,100
2023 $7,172 $303,500 $10,500 $293,000
2022 $7,199 $303,500 $10,500 $293,000
2021 $7,493 $283,900 $10,500 $273,400
2020 $7,456 $283,900 $10,500 $273,400
2019 $6,776 $260,000 $10,500 $249,500
2018 $6,726 $260,000 $10,500 $249,500
2017 $7,009 $257,000 $10,500 $246,500
2016 $6,793 $237,000 $10,500 $226,500
2015 $6,766 $231,000 $10,500 $220,500
2014 $6,909 $231,000 $10,500 $220,500
2013 -- $231,000 $10,500 $220,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1919599

Metro MLS

APN: 281-1005-000-5

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