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

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$409,000

For Sale
Active
Commercial
4,784 Sq. Ft.
Updated 13 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, heat 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!

Full Property Details

Full Property Details for 573 W Lincoln Ave #575

General

Price: $409,000
Taxes: $5,608 (2025)
Status: Active
Type: Commercial
Source: MetroMLS_Milwaukee_Wirex
MLS ID: 1963398
Updated: 6/25/2026
Added to Site: 49 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, Near Public Transit

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: 8 to 10 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: Near Public Transit, Paved Road, Town/City Road
Zoning: LB2

Financial Considerations

For Sale/Rent/Lease: For Sale Only
Tax Amount: $5,608
Tax Year: 2025

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
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
Rufus King International Middle School 121 East Hadley Street, Milwaukee, WI 53212	6-8	4.6 mi
South Division High School 1515 West Lapham Boulevard, Milwaukee, WI 53204	9-12	1 mi
Bay View Middle and High School 2751 South Lenox Street, Milwaukee, WI 53207	6-12	1.2 mi
Bradley Technology & Trade High School 700 South 4th Street, Milwaukee, WI 53204	9-12	1.5 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 573 W Lincoln Ave #575 Get Price Alerts and Save Property

Date

Details

Price

Change

Source

5/20/2026

Listed

$409,000

-37.56%

MLS

8/23/2022

Sold

$655,000

—

Public Record

Get Price Alerts and Save Property

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

—

$268,500

—

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# 1963398) is a Commercial property. 573 W Lincoln Ave #575 is currently listed for $409,000 and was received on May 20, 2026. 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