3111 Wheelock Dr Racine, WI $ 2,300,000
3111 Wheelock Dr
$ 2,300,000
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3111 Wheelock Dr

Racine, WI, 53405
$ 2,300,000
Bedrooms3 Baths2.0 Sq 1,501

Monthly Estimate*

$ 14,349

3111 Wheelock Dr, Racine, WI 53405 - Image 1
3111 Wheelock Dr, Racine, WI 53405 - Image 2

Multi-Family Home for sale in Racine, WI

for $2,300,000 with 3 bedrooms and 2 full baths. This 1,501 square foot home was built in 1962 on a lot size of 0.54.

''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.

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Multi-Family Active

Price

$ 2,300,000

Bedrooms

3

Full Bath

2

Property Type

Multi-Family

Taxes

$ 23,476

Style

Apartment Building

Lot Size

0.54

Year Built

1962

Town/City

Racine

County/Region

Racine

MLS | Web ID

1897298

Features
Interior
Basement Laundry Facilities
Total Number of Units 16
Heating/Cooling Forced Air Indiv. Heating Units Natural Gas Wall/Sleeve Air
Stories 1-2 Stories
Type 1 Units 8.00
Type 2 Units 8.00
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Exterior
Exterior Brick
Flood Plan No
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General
Zoning R4
Year Built 1962
County Racine
Type Apartment Building
Property Type D
Municipality City
Tax Year 2024
Garage/Parking Near Public Transit Outdoor Space
Directions Hwy 11 (Durand) east to Wheelock south to property on East side of street
High School Park
City Racine
Taxes 23476.95
School District Racine Unified
Elementary School Mitchell
Middle School Mitchell
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* Excluded Features
List By
Re/Max Newport

Broker

karen@remaxnewport.com

Email

Affordability Calculator

$16,305
Per Month
88%
12%
0%
Monthly Principal & Interest
$14,349
Monthly Property Taxes
$1,956
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
3044754 Elementary School
1166580 Middle School
Park High School High School
Pricing History
DatePricePrice ChangeDescription
10/25/2024$2,300,000 Listed Price

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3111 Wheelock Dr, Racine, WI, 53405 is a Multi-Family Home for sale at $2,300,000 with 1,501 sqft and a lot size of 0.54. 3111 Wheelock Dr has 3 bedrooms, 2.0 baths, and was built in 1962. The property's zip code is 53405 which is in Racine, WI