Date
Details
Price
Change
Source
6/26/2026
Listed
$1,567,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$1,567,000 Just Listed
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Property Description
This 13,702 sq ft commercial property on 3.57 acres in Elkhorn, WI, offers a rare redevelopment opportunity. Formerly Sperino's restaurantand banquet hall, the building includes a bar, dining room, and a 350-person banquet space with a separate entrance. Located on high-traffic Hwy 67near Hwy 12, the site features B-2 zoning, 197 parking spaces, and a partial basement. The property is a blank slate, ready for your vision. The sellersare motivated and ready to retire.
Full Property Details
Full Property Details for 720 N Wisconsin St
General
- Price: $1,567,000
- Taxes: $17,227 (2024)
- Status: Active
- Type: Commercial Recreational
- Source: MetroMLS_Milwaukee_Wirex
- MLS ID: 1969319
- Updated: 6/26/2026
- Added to Site: 1 day(s) ago
Additional Information
- Other Features: Fixtures, Furniture, Inside Storage, Loading Dock, Office(s), Restrooms
Parking
- Total Spaces: 197
Location
- Municipality: City
- County: Walworth
- Driving Directions: Use GPS
- Dist. to Freeway: Less than 1 Mile
- Location Details: Freestanding
Heating & Cooling
- Heating/Cooling: Central Air Conditioning, Forced Air, Natural Gas
Utilities
- Water/Sewer: Municipal Sewer, Municipal Water
Structural Information
- Structure Type: Recreation
- Exterior Const.: Steel Siding
- Basement Desc.: Partial
- Roof: Rubber
- Ceiling Height: 8 to 10 Feet
- Drive-In Clearance: No Truck Door
- Stories Description: 1
- Square Feet: 13,702
- Year Built: 1963
Lot Features
- Lot Size (Acres): 3.57
- Frontage: High Visibility, Paved Road, State Road
- Zoning: B2
Financial Considerations
- For Sale/Rent/Lease: For Lease Only
- Tax Amount: $17,227.06
- Tax Year: 2024
- Terms: Land Contract, Owner May Assist, Rent with Option to Buy
Listed by Real Broker LLC
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Schools
Schools serving 720 N Wisconsin St
School District:Elkhorn Area School District
| Name | Grades | Distance |
|---|---|---|
West Side Elementary School, Elkhorn, WI 222 Sunset Drive, Elkhorn, WI 53121 | PK-5 | 0.7 mi |
Elkhorn Area Middle School 627 Court St, Elkhorn, WI 53121 | 6-8 | 0.8 mi |
Elkhorn Area High School 482 East Geneva Street, Elkhorn, WI 53121 | 9-12 | 1.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 720 N Wisconsin St
Tax History
Tax History for 720 N Wisconsin St
Year
Property Taxes
Change
Tax Assessment
Change
2025
100%
100%
2024
100%
100%
2023
100%
100%
2022
100%
100%
2021
100%
100%
2020
—
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 720 N Wisconsin St
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- Single Family
- Active
- Updated 1 day ago
- 2Beds
- 2Total Baths
- 1,900Sq. Ft.
Listed by Deena Allie (847) 712-6252
- Single Family
- Active
- Updated 2 days ago
- 6Beds
- 8Total Baths
- 3,800Sq. Ft.
- Single Family
- Active
- Updated 21 hours ago
- 6Beds
- 6Total Baths
- 5,800Sq. Ft.
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- Single Family
- Active
- Updated 1 day ago
- 3Beds
- 2Total Baths
- 1,273Sq. Ft.
- Condo
- Active
- Updated 2 days ago
- 2Beds
- 1Total Bath
- 583Sq. Ft.
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720 N Wisconsin St, Elkhorn, WI 53121 (MLS# 1969319) is a Commercial Recreational property. 720 N Wisconsin St is currently listed for $1,567,000 and was received on June 26, 2026. Want to learn more about 720 N Wisconsin St? Do you have questions about finding other Commercial Recreational real estate for sale in Elkhorn? You can browse all Elkhorn real estate or contact a Coldwell Banker agent to request more information.