1116 Grove Ave, Unit 1118

Racine, WI 53405

$419,900
Price
—
Beds
—
Baths
4,000 Sq. Ft.
$105 / Sq. Ft.
4,000
Sq. Ft.
$105
per Sq. Ft.
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Grove-3
Kitchen 2
Kitchen 3
Bath 2
Bath 1
BR1
BR2
Center hall
LR 1
LR3
frt stairs & chairlift
IMG_8139 (1)
IMG_8141 (1)
IMG_8143 (1)
IMG_8500
IMG_8501
IMG_8502
thumbnail_IMG_0144
thumbnail_IMG_0146
thumbnail_IMG_0147
thumbnail_IMG_8146
thumbnail_IMG_8147
1118 beauty shop
1116 barber shop

Description

Centrally located property with 2 apartments up and 2 retail business spaces below. Potential income from all 4 in excess of $4700/month. Currently a barber shop and a beauty shop on first floor and 2 apartments on 2nd floor. Potential for retail business or insurance agency or ??? Roof is 2 years old with a 20-year transferrable warranty, materials and labor. Ample parking on side and rear of building. Show south side upper and lower immediately. North side upper and lower are occupied and require...Centrally located property with 2 apartments up and 2 retail business spaces below. Potential income from all 4 in excess of $4700/month. Currently a barber shop and a beauty shop on first floor and 2 apartments on 2nd floor. Potential for retail business or insurance agency or ??? Roof is 2 years old with a 20-year transferrable warranty, materials and labor. Ample parking on side and rear of building. Show south side upper and lower immediately. North side upper and lower are occupied and require 24 hrs. notice. Lower left unit is vacant, listed MLS #1939695. Let the tenants pay the mortgage. Positive cash flow! $!$ $!
  1. Listed by Darryl Heyden • Brokerage DRE #950042-91 • Realty ONE Group Boardwalk
    P: (414)-651-7062 C: (414)-651-7062 darryl@wisconsinhome.info
LISTING UPDATED: 04/09/2026 11:50 AM

Property Details for 1116 Grove Avenue, Unit 1118

StatusActive
MLS #1956721
Days on Market7
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti-Family / Multi-Family
Year Built1969
Lot Size0.11 AC / 4,791 SF
CountyRacine County
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Location

Listing Courtesy of Realty ONE Group Boardwalk
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Building Information for 1116 Grove Avenue, Unit 1118

Stories-Residences-Year Built1969Building Size-Lot Size0.11 AC / 4,791 SF

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$2,114 per month

30 year fixed, 6.46% Interest

Principal and Interest

$2,114

Property Taxes

$0

HOA Dues

$0

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Property Information for 1116 Grove Avenue, Unit 1118

Summary
Location and General Information
  • Directions: Washington Ave to Grove, N on Grove to property.
  • Latitude: 42.71966
  • Longitude: -87.8177
  • Postal Code: 53405
  • Postal Code Plus4: 3028
  • Zoning Description: mixed-use
Parking
  • Attached Garage: No
  • Parking Features: Near Public Transit, Outdoor Space
Taxes and HOA
  • Parcel Number: 12769000
School Information
  • High School District: Racine Unified
Property
Lot Information
  • Building Area Total: 4000.0
  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Size Source: Public Record
  • Lot Size Square Feet: 4791.6
  • Lot Size Units: Acres
Property and Assessments
  • Exclusions: Seller's and tenants' personal property
  • Inclusions: in both upper appts: refrigerator, oven/range, microwave. In 1118 1/2 window a/c unit, bookshelves, bar. In both lower business units, all barbershop equipment, sinks, chairs, waiting room furniture.
  • Year Built: 1969
Utilites
  • Sewer: Municipal Sewer
Interior and Exterior Features
Interior Features
  • Basement: None
  • Bathrooms Total Integer: 0
  • Construction Materials: Low Maintenance Trim, Wood, Brick
Multi Family
Income & Expenses
  • Gross Scheduled Income: $4,700
  • Net Operating Income: $0
  • Operating Expense: $.00
Rental
Rent Information
  • Tenant Pays: Sewer, Water, Electricity, Heat, Gas

Property History for 1116 Grove Avenue, Unit 1118

DateEvent & SourcePriceAppreciation
Apr 8, 2026

Listed (Active)

MetroMLS #1956721

$419,900—
DateEvent & SourcePrice
04/08/2026

Listed (Active)

MetroMLS #1956721

$419,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 1116 Grove Avenue, Unit 1118

This home is within Racine Unified School District.
Rating
School
Type
Grades
Distance
Fratt Elementary School
Public - PK to 5
Mckinley Middle School
Public - 6 to 8
Park High School
Public - 7 to 12
Walden Iii High School
Public - 6 to 12
Rating
School
Distance
Fratt Elementary School
PublicPK to 5

Mckinley Middle School
Public6 to 8

Park High School
Public7 to 12

Walden Iii High School
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 1116 Grove Avenue, Unit 1118, Racine, WI 53405

1116 Grove Avenue, Unit 1118 is a multi-family home for sale in Racine, WI 53405. This property was listed for sale on April 8, 2026 by Realty ONE Group Boardwalk, it's currently listed at $419,900. This listing's school district is Racine Unified School District. Nearby schools include Fratt Elementary School, Mckinley Middle School and Park High School. 1116 Grove Avenue, Unit 1118 is a 0-bed, 0-bath, 4,000 sqft multi-family home built in 1969.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Realty ONE Group Boardwalk

Based on information from one of the following Multiple Listing Services: Metro Multiple Listing Service (Metro MLS), REALTORS Association of Northeast Wisconsin. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Metro Multiple Listing Service (Metro MLS), REALTORS Association of Northeast Wisconsin is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Data last updated on 04/09/2026 11:50 AM Listing presented by Compass RE WI-Tosa. Information is supplied by seller and other third parties and has not been verified. Copyright 2026 – WiREx. – All Rights Reserved