$335,000

Estimated payment $2,255/month

Total Views 8,100
-- Bed
-- Bath
2,414 Sq Ft
$139 Price per Sq Ft

Highlights

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

About This Home

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.

Listing Agent

Benjamin Schmid

Image Real Estate, Inc. License #96246-94

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $4,775

Year Built

  • 1870

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

Year Built

1870

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
  • Year Built: 1870

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

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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

Property History

Date Event Price Change Sq Ft Price
02/27/2025 02/27/25 For Sale $335,000 -- $139 / Sq Ft
Source: Metro MLS

Deed History

Date Type Sale Price Title Company
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

Source: Metro MLS

MLS Number: 1908146

Metro MLS

APN: 276-000003538000