$335,000
SOLD MAY 23, 2025
-- Bed
-- Bath
2,414 Sq Ft
9,148 Sq Ft Lot

Recently Sold

$139 Per Sq Ft

39 Days on Market

Highlights

  • Display Windows
  • Central Air
  • 4-minute walk to Racine Parks-Rec & Cultural
  • Storage

About This Home

As of May 2025

One-of-a-kind opportunity to own this freshly updated, TURN-KEY tavern with a large 1 BD / 1 BA apartment above in Downtown Racine across from City Hall. The bar is not open but has everything ready for new ownership. Located in a high-traffic, high-visibility area, it's ideal for an owner-operator or as an investment property. The apartment is move-in ready, currently operating as an Airbnb, and features modern appliances, hardwood floors, in-unit laundry, and a large living area. The apartment would also make a perfect owner's suite, offering the convenience of living right above your business with its own private entrance. This property offers an excellent opportunity to own both a business and a beautiful apartment in one of Racine's vibrant areas with great city views.

Last Agent to Sell the Property

Benjamin Schmid

Image Real Estate, Inc. License #96246-94 Listed on: 02/27/2025

Last Buyer's Agent

Jamie Harris

Lannon Stone Realty LLC License #70859-94

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $4,775

Parking

  • 13 Parking Spaces

Home Design

  • Composition Roof
  • Rubber Roof

Interior Spaces

  • 2,414 Sq Ft Home
  • Display Windows
  • Storage
  • Basement Fills Entire Space Under The House

Additional Features

  • 9,148 Sq Ft Lot
  • Central Air

Community Details

  • Security Lighting

Listing and Financial Details

  • Assessor Parcel Number 03538000

Property Details

Property Type

Other

Est. Annual Taxes

$4,775

Lot Details

0

Listing Details

  • Property Sub Type: Commercial/Industrial
  • Prop. Type: Comm/Industrial
  • Lot Size Acres: 0.21
  • Road Frontage Type: Town/City Road, High Visibility, Paved Road, Paved Lot, Near Public Transit
  • Directions: 6th st east of Marquette
  • Special Features: None

Interior Features

  • Has Basement: Full, Brick
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Wood
  • Roof: Rubber, Composition

Garage/Parking

  • Total Parking Spaces: 13

Utilities

  • Green Building Features: Security Equipment, Roof Sign, Fixtures, Display Window, License Included, Rest Rooms, Inside Storage, Living Space Avail, Security Lighting
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Sewer: Municipal Sewer

Lot Info

  • Lot Size Sq Ft: 9147.6
  • Parcel #: 03538000

Tax Info

  • Tax Annual Amount: 4775
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2025
Closed on
May 23, 2025
Sold by
Pub On 6Th Building Llc
Bought by
Tail Spin Llc
Seller's Agent
Benjamin Schmid
Image Real Estate, Inc.
Buyer's Agent
Jamie Harris
Lannon Stone Realty LLC
List Price
$335,000
Sold Price
$335,000
Views
39

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-22.32%

Purchase Details

Closed on
May 5, 2024
Sold by
Pub On 6Th Llc A Wisconsin Limited Liab
Bought by
Pub On 6Th Building Llc A Wisconsin Li

Purchase Details

Closed on
Apr 30, 2024
Sold by
J & A Of Racine Llc A Wisconsin Limite
Bought by
Pub On 6Th 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 Type Sale Price Title Company
Contract Of Sale $335,000 Landmark Title
Quit Claim Deed $240,000 Benjamin J. Schmid
Warranty Deed $240,000 Landmark Title Of Racine, Inc.
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $495,000 Commercial
Previous Owner $235,687 Commercial
Previous Owner $30,000 Credit Line Revolving
Previous Owner $0 Undefined Multiple Amounts
Previous Owner $30,000 Unknown
Previous Owner $116,200 Unknown
Previous Owner $50,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2025 05/23/25 Sold $335,000 0.0% $139 / Sq Ft
02/27/2025 02/27/25 For Sale $335,000 -- $139 / Sq Ft
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
2024 $5,201 $192,000 $18,000 $174,000
2023 $5,433 $192,000 $18,000 $174,000
2022 $5,183 $183,000 $18,000 $165,000
2021 $5,745 $183,000 $18,000 $165,000
2020 $5,634 $183,000 $18,000 $165,000
2019 $5,341 $174,000 $18,000 $156,000
2018 $5,557 $168,000 $18,000 $150,000
2017 $5,647 $168,000 $18,000 $150,000
2016 $5,524 $160,000 $18,000 $142,000
2015 $5,293 $160,000 $18,000 $142,000
2014 $5,293 $160,000 $18,000 $142,000
2013 $5,293 $160,000 $21,000 $139,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Metro MLS

MLS Number: 1908146

Metro MLS

APN: 276-000003538000