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1121 Lake Ave Racine, WI $ 1,500,000
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$ 1,500,000 Get more info
1121 Lake Ave
$ 1,500,000
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Share Save

1121 Lake Ave

Racine, WI, 53403
$ 1,500,000
Baths0.0 Sq 8,942

Monthly Estimate*

$ 10,478

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Studio

Commercial Property for sale in Racine, WI

for $1,500,000. This 8,942 square foot building was built in 1915 on a lot size of 0.95.

Exquisite panoramic Lake Michigan views make this property shine!This 3-story English Tudor was built by a Scottish Immigrant and prominent businessman. Nestled bluff-side on just under an acre with stunning Lake Michigan views. The property has been tastefully remodeled to enhance its charm but also offer modern amenities. This property features 7 private suites all with a full bath, 2 full kitchens, 6 fireplaces, parking lot plus 2 car garage, and ample outdoor entertaining space. Beautiful woodwork and tilework throughout that you can only find in homes of this era. Fully finished exposed lower level features 2 additional bedrooms, full bath, and living room. This property has been used for Airbnb, events, weddings, and would also make an amazing and impressionable office space.

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Commercial Contingent

Price

$ 1,500,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 14,839

Style

Church,Motel/Hotel

Lot Size

0.95

Year Built

1915

Town/City

Racine

County/Region

Racine

MLS | Web ID

1862515
Features
General
Road Frontage Near Public Transit Paved Road Town/City Road Waterfrontage
Parking 10.00
Zoning IO
Year Built 1915
County Racine
Miscellaneous Fixtures Furniture Rest Rooms
Property Type G
Location Free Standing Near Public Transit
Municipality City
Tax Year 2022
Contingent With Offer
Directions Main Street to 11th Street East to Lake Ave N.
City Racine
Taxes 14839.00
Street Name Lake
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Interior
Basement Brick Full Walk Out/Outer Door
Heating/Cooling Central Air Hot Water/Steam Natural Gas
Stories 3
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Exterior
Exterior Brick Stucco/Slate Wood
Roofing Other
Flood Plan No
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* Excluded Features
List By
First Weber Inc- Racine

Broker

mrottino@firstweber.com

Email

Affordability Calculator

$11,715
Per Month
89%
11%
0%
Monthly Principal & Interest
$10,478
Monthly Property Taxes
$1,237
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1159182 Elementary School
1159119 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
1/22/2024$1,500,000 Listed Price

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1121 Lake Ave, Racine, WI, 53403 is a Commercial Property for sale at $1,500,000 with 8,942 sqft and a lot size of 0.95. 1121 Lake Ave is a studio with 0.0 baths and was built in 1915. The property's zip code is 53403 which is in Racine, WI

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