Active

$2,300,000

3111 Wheelock DRIVE, Racine, WI 53405

--beds

--baths

--sqft

Est.:

Multi Family, Apartment

Built in 1962

-- sqft lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

Modern appliancesNew lighting packagesConvenient laundry facilitiesIn-unit air conditioningGranite countertopsRefreshed bathrooms

''Rare opportunity to own two solid brick apartment buildings totaling 16 units in a prime Hwy 11 location. The property includes eight 2-bedroom and eight 1-bedroom units, with updates in six of the 2-bedrooms and five of the 1-bedrooms. These updated units feature modern appliances, granite countertops, new lighting packages, and refreshed bathrooms. Each unit is equipped with in-unit air conditioning for added tenant comfort. Convenient laundry facilities are located within the 2-bedroom building. With a high-demand location and appealing amenities, this property is a solid investment choice.

483 days

301

7

Tour with a local agent

Facts & features

Interior

Heating

Natural Gas, Forced Air, Individual Heating Units

Cooling

Individual Heating Units, Wall/Sleeve Air

Appliances

Included: Dryer, Washer

Features

Basement: Laundry Facilities
Has fireplace: No

Property

Parking

Parking features: Outdoor Space, Inside Parking, Outside

Lot

Size: 0.54 Acres

Details

Additional parcels included: 23871005
Parcel number: 23871001
Zoning: R4

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family, Apartment

Materials

Brick/Stone, Brick

Condition

21+ Years
New construction: No
Year built: 1962

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Location

Region: Racine
Municipality: Racine

Financial & listing details

Tax assessed value: $519,000
Annual tax amount: $23,476
Date on market: 10/25/2024

Estimated market value

Not available

Estimated sales range

Not available

$1,351/mo

Price history

Date	Event	Price
10/25/2024	Listed for sale	$2,300,000+462.3%
Source: WIREX MLS #1897298 Report a problem
5/1/2019	Sold	$409,000
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$12,493 +9.1%	$519,000 +15.1%
2023	$11,451 +14.3%	$451,000 +15.1%
2022	$10,016 -2.8%	$392,000 +9.5%
2021	$10,303 -1.5%	$358,000
2020	$10,460 +9.2%	$358,000 +5%
2019	$9,575 +1.6%	$341,000 +6.9%
2018	$9,422 -3.8%	$319,000
2017	$9,796 +2%	$319,000
2016	$9,606	$319,000
2015	$9,606	$319,000
2014	$9,606	$319,000
2013	$9,606	$319,000