3111 Wheelock Dr Racine, WI 53405
Estimated payment $13,730/month
About This Home
''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.
Listing Agent
RE/MAX Newport Brokerage Email: office@remaxnewport.com License #56787-90 Listed on: 10/25/2024
Property Details
Home Type
- Multi-Family
Lot Details
- 23,522 Sq Ft Lot
- 23871005
Home Design
- Brick Exterior Construction
Interior Spaces
- 11,284 Sq Ft Home
- Laundry in Basement
Schools
- Mitchell Elementary And Middle School
- Park High School
Listing and Financial Details
- The owner pays for sewer, water
- Assessor Parcel Number 23871001
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $16,115 | $670,000 | $29,700 | $640,300 |
| 2024 | $12,493 | $519,000 | $29,700 | $489,300 |
| 2023 | $11,451 | $451,000 | $29,700 | $421,300 |
| 2022 | $10,016 | $392,000 | $29,700 | $362,300 |
| 2021 | $10,303 | $358,000 | $29,700 | $328,300 |
| 2020 | $10,076 | $358,000 | $29,700 | $328,300 |
| 2019 | $9,575 | $341,000 | $29,700 | $311,300 |
| 2018 | $9,422 | $319,000 | $29,700 | $289,300 |
| 2017 | $9,796 | $319,000 | $29,700 | $289,300 |
| 2016 | $10,018 | $319,000 | $29,700 | $289,300 |
| 2015 | $9,606 | $319,000 | $29,700 | $289,300 |
| 2014 | $9,606 | $319,000 | $29,700 | $289,300 |
| 2013 | $9,606 | $319,000 | $29,700 | $289,300 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/06/2025 01/06/25 | For Sale | $2,300,000 | 0.0% | $204 / Sq Ft |
| 10/31/2024 10/31/24 | Off Market | $2,300,000 | -- | -- |
| 10/25/2024 10/25/24 | For Sale | $2,300,000 | -- | $204 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $409,000 | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $825,000 | Construction |
About the Listing Agent
Karen was born and raised in Racine County. Her husband and her have raised their four children there and run various businesses. She has been in Real Estate for 25 years. Karen has her real estate license in both Wisconsin and Illinois. She enjoys helping people with some of the biggest decisions of their life. Is it time to buy, sell, invest, move or I'm underwater what are my options? She does Commercial real estate also and she is the # 1 agent in Racine County.
Karen's Other Listings
Source: Metro MLS
MLS Number: 1897298
APN: 276-000023871001
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Ask me questions while you tour the home.