900 State St Racine, WI 53404
The 11th Ward NeighborhoodEstimated payment $6,882/month
About This Home
For over 120 years, this iconic corner building has commanded State Street in its signature patina copper facade. The Lincoln Block delivers serious income potential wrapped in irreplaceable historic character -- 5 first-floor office/retail storefronts (~2,000 SF each) and 9 second-floor apartments across 3 separate parcels sold as one including a 4th parcel that is a vacant lot! 24+ paved parking spaces, additional vacant parcel to the north included for future development. Steps from Racine's revitalized downtown, Root River Harbor, and Lake Michigan. Racine's revival is underway! Don't miss this rare opportunity!
Property Details
Home Type
- Multi-Family
Lot Details
- 29,185 Sq Ft Lot
- 02813000
Home Design
- Brick Exterior Construction
Schools
- Julian Thomas Elementary School
- Jerstad-Agerholm Middle School
- Horlick High School
Community Details
- Operating Expense $77,082
- Net Operating Income $86,637
Listing and Financial Details
- The owner pays for water
- Assessor Parcel Number 02814000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2025 | $8,069 | $324,500 | $8,000 | $316,500 |
| 2024 | $7,344 | $295,000 | $8,000 | $287,000 |
| 2023 | $7,705 | $295,000 | $8,000 | $287,000 |
| 2022 | $7,464 | $281,000 | $8,000 | $273,000 |
| 2021 | $8,363 | $281,000 | $8,000 | $273,000 |
| 2020 | $8,192 | $281,000 | $8,000 | $273,000 |
| 2019 | $7,812 | $268,000 | $8,000 | $260,000 |
| 2018 | $7,451 | $0 | $0 | $0 |
| 2017 | $7,711 | $244,000 | $8,000 | $236,000 |
| 2016 | $7,524 | $232,000 | $8,000 | $224,000 |
| 2015 | $7,472 | $232,000 | $8,000 | $224,000 |
| 2014 | $7,472 | $232,000 | $8,000 | $224,000 |
| 2013 | $7,472 | $242,000 | $9,000 | $233,000 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/17/2026 06/17/26 | For Sale | $1,100,000 | -- | -- |
Source: Metro MLS
MLS Number: 1967764
APN: 276-000002814000
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