573 W Lincoln Ave #575, Milwaukee, WI 53207 - Photo 1

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$419,000

For Sale
Active
Commercial
4,784 Sq. Ft.
Updated 12 days ago

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Property Description

Located on a visible corner beside the basilica, this mixed-use building is fully leased through 2026 and brings in $3,965/month ($47,580/yr), with additional income from tenant paid water, gas and electric. The street-level commercial space is a spa that was recently remodeled with luxury vinyl plank flooring, modern paint, updated fixtures, and redesigned bathrooms. Upstairs, the two-bed, two-bath residences span two floors and pair impeccable original woodwork with large open kitchens, great natural light, and sweeping views of the basilica. This a solid, low-maintenance property with upside market rent potential! Seller would prefer to sell as a package with MLS property number 1944520.

Full Property Details

Full Property Details for 573 W Lincoln Ave #575

General

Price: $419,000
Taxes: $6,064 (2024)
Status: Active
Type: Commercial
Source: MetroMLS_Milwaukee_Wirex
MLS ID: 1943536
Updated: 1/8/2026
Added to Site: 61 day(s) ago

Additional Information

Other Features: Restrooms

Parking

Total Spaces: 3

Location

Municipality: City
County: Milwaukee
Driving Directions: W Becher St to S 6th St. South to property.
Dist. to Freeway: Less than 1 Mile
Location Details: Corner

Heating & Cooling

Heating/Cooling: Forced Air, Individual Heating Units

Utilities

Water/Sewer: Municipal Sewer, Municipal Water

Structural Information

Structure Type: Special Purpose
Exterior Const.: Brick
Basement Desc.: Brick, Full
Roof: Composition
Ceiling Height: 11 to 15 Feet
Drive-In Clearance: No Truck Door
Stories Description: 3
Square Feet: 4,784
Year Built: 1912

Lot Features

Lot Size (Acres): 0.09
Frontage: High Visibility, Near Public Transit, Paved Road, Town/City Road
Zoning: LB2

Financial Considerations

For Sale/Rent/Lease: For Sale Only
Tax Amount: $6,064
Tax Year: 2024

Listed by SNSHN Realty LLC

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— 573 W Lincoln Ave #575 —

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Schools

Schools serving 573 W Lincoln Ave #575

School District:Milwaukee School District

Name	Grades	Distance
Riley Elementary 2424 South 4th Street, Milwaukee, WI 53207	PK-5	0.2 mi
Hayes Bilingual School 971 West Windlake Avenue, Milwaukee, WI 53204	PK-7	0.4 mi
Bay View Montessori 357 East Howard Avenue, Milwaukee, WI 53207	PK-K	2.1 mi
Audubon Technology & Communication Middle School 3300 South 39th Street, Milwaukee, WI 53215	6-8	2.6 mi
Lincoln Center of the Arts 820 East Knapp Street, Milwaukee, WI 53202	6-8	3.2 mi
Roosevelt Middle School of the Arts 800 West Walnut Street, Milwaukee, WI 53205	6-8	3.5 mi
South Division High School 1515 West Lapham Boulevard, Milwaukee, WI 53204	9-12	1 mi
Bradley Technology & Trade High School 700 South 4th Street, Milwaukee, WI 53204	9-12	1.5 mi
Audubon Technology and Communication High 3300 South 39th Street, Milwaukee, WI 53215	9-12	2.6 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 573 W Lincoln Ave #575 Get Price Alerts and Save Property

Date

Details

Price

Change

Source

11/20/2025

Listed

$419,000

-36.03%

MLS

8/23/2022

Sold

$655,000

—

Public Record

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Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History

Tax History for 573 W Lincoln Ave #575

Year

Property Taxes

Change

Tax Assessment

Change

2024

$6,064

40%

$268,300

44%

2023

$4,324

-2%

$186,000

—

2022

$4,429

$186,000

13%

2021

$4,250

-2%

$164,400

-2%

2019

$4,351

-2%

$167,000

—

2018

$4,422

-3%

$167,000

—

2017

$4,552

-3%

$167,000

2016

$4,698

-8%

$164,000

-2%

2014

$5,081

-1%

$168,000

—

2013

$5,130

$168,000

-8%

2012

$5,017

—

$183,000

—

View All

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 573 W Lincoln Ave #575

573 W Lincoln Ave #575, Milwaukee, WI 53207 (MLS# 1943536) is a Commercial property. 573 W Lincoln Ave #575 is currently listed for $419,000 and was received on November 20, 2025. Want to learn more about 573 W Lincoln Ave #575? Do you have questions about finding other Commercial real estate for sale in Milwaukee? You can browse all Milwaukee real estate or contact a Coldwell Banker agent to request more information.

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573 W Lincoln Ave #575 Milwaukee, WI 53207