Sold
Last Sold Price
424 Main St, Racine, WI 53403
Mixed UseProperty Type
0.26 acresLot Size
1855Year Built
10 carsParking Spaces

Description

UNIQUE INVESTMENT OPPORTUNITY in Downtown Racine by Lake Michigan and Marina. Mixed use building has 6000 SF retail space, parking lot and 3600 SF of impeccably maintained residential space! Dwelling has open floor plan with large eat-in kitchen, fireplace, 3 bedrooms each with private bath, rooftop patio (and more) can operate as live/work, airbnb or develop into multiple units. Retail on first floor has long term tenant leasing 4400 SF and multiple options available for remaining 1600 SF. Additional...UNIQUE INVESTMENT OPPORTUNITY in Downtown Racine by Lake Michigan and Marina. Mixed use building has 6000 SF retail space, parking lot and 3600 SF of impeccably maintained residential space! Dwelling has open floor plan with large eat-in kitchen, fireplace, 3 bedrooms each with private bath, rooftop patio (and more) can operate as live/work, airbnb or develop into multiple units. Retail on first floor has long term tenant leasing 4400 SF and multiple options available for remaining 1600 SF. Additional basement storage available for tenants and/or owner. Would consider seller financing.

    Sold By Trelleum LLC

    • Listed by: Theresa Mueller 630.715.9999 info@theresamueller.com • Trelleum LLC
    Listing closed: 05/13/2024 12:00 AM • Source: MRED as distributed by MLS GRID, MLS#: 11901090

    Location

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    $5,512 per month

    30 year fixed, 6.55% Interest

    Principal and Interest

    $4,229

    Property Taxes

    $1,283

    HOA Dues

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    Property Information for 424 Main Street

    Property Details
    • Taxes: $15,394 / year
    • MLS Type: Commercial Sale / Mixed Use
    • Area: WI-Mt.Pleasant / Racine
    • Township: Racine
    • Air Conditioning Type: Central Air
    • Num of Interior Fireplaces: 2
    • Zoning: OTHER
    Building Information
    • Stories: 2
    • Residences: 3
    • Year Built: 1855
    • Lot Size: 0.26 AC / 11,200 SF
    General Information
    Addtl Parking Information
    • Outdoor Parking: 6-12 Spaces
    • Open Parking Spaces: 10.0
    Location and General Information
    • Geographic Locale: Out of Area
    • Information: 24-Hr Notice Required
    Taxes and HOA Information
    • Additional Parcels: No
    Property Information
    Interior Features
    • Air Conditioning: Central Air
    • Electric: Circuit Breakers
    • Heat/Ventilation: Forced Air
    • Misc Inside: Multi-Tenant,Storage Inside,Basement,Furnished Units Available,Laundry Room
    • Num of Baths: 0.0
    Exterior Features
    • # Of Apts: 1
    • Misc Outside: Sun Deck
    Property/Lot Information
    • Owners Association: No
    • Tenant Pays: Electricity
    • Built Before 1978: Yes
    • Approximate Age: Older
    • Lot Dimensions: 98 X 110
    • Lot Size Square Feet: 11200.0
    • Stories: 2
    • Exterior Building Type: Brick
    • Construction: Brick
    • Fire Protection: None
    • Roof Structure: Flat
    • Building Area Total: 9600
    • # Of Offices: 0
    • Other SqFt: 3600
    • Retail SqFt: 6000
    • # Of Stores: 2
    • Property Sub Type: Apts/Stores
    Property and Assessments
    • Possible Use: Commercial, Multi-Family, Single Family, Retail
    • Public Document Count: 0
    • Photos Count: 45
    Miscellaneous
    • Current Use: Commercial
    • Location: Central Business District,Mixed Use Area,In City Limits,High Traffic Area
    Virtual Tour/Additional Media
    • Virtual Tour: None
    • Virtual Tour YN: No
    • Virtual Tour Date: 10-06-2023
    Multi Family
    Multi-Family Information
    • Number Of Units Total: 3
    Income & Expenses
    • Electric Expense: $.00
    • Fuel Expense: $.00
    • Gross Income: $.00
    • Gross Scheduled Income: $.00
    • Insurance Expense: $.00
    • Total Monthly Income: 0
    • Other Expense: $.00
    • Trash Expense: $.00
    • Water Sewer Expense: $.00

    Property History for 424 Main Street

    DateEvent & SourcePriceAppreciation
    May 13, 2024

    Sold

    MRED #11901090

    $832,000
    Apr 30, 2024

    Sold (Public Record)

    Public Record #1531938128

    $839,031
    Jan 23, 2024

    Pending

    MRED #11901090

    DateEvent & SourcePrice
    05/13/2024

    Sold

    MRED #11901090

    $832,000
    04/30/2024

    Sold (Public Record)

    Public Record #1531938128

    $839,031
    01/23/2024

    Pending

    MRED #11901090

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

    Public Records for 424 Main Street

    Taxable ValueLand$91,400Additions$628,600Total$720,000
    Tax Record2025$20,832 ($1,736 / month)
    Home Facts
    Baths2.2Total Finished SqFt9,099 SqFtAbove Grade Finished SqFt9,099 SqFtStories3Lot Size11,195 SqFtStyleMiscellaneous CommercialYear Built1855ZoningB4CountyRACINEAPN276 000000193000

    Schools near 424 Main Street

    This home is within Racine Unified School District.
    Rating
    School
    Type
    Grades
    Distance
    Public - PK to 5
    Public - 6 to 8
    Public - 9 to 12
    Public - 6 to 12
    Rating
    School
    Distance
    Johnson Elementary School
    PublicPK to 5

    Mitchell Middle School
    Public6 to 8

    Case High School
    Public9 to 12

    Racine County Jail
    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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    No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

    Listing Courtesy of Trelleum LLC

    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 05/15/2024 03:02 AM Listing presented by Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties. Compass · Tel: 212-913-9058 · New York, NY Information is supplied by seller and other third parties and has not been verified. Copyright 2026 – WiREx. – All Rights Reserved