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$157,900
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Property Description
Completely renovated from top to bottom, this versatile mixed-use property near the Racine Transit Center is perfect for investors or owner-occupants. Every major system is new in 2024 including roof, windows, plumbing, electrical, and high-efficiency HVAC. Upstairs is a 1,200 sqft 1-bedroom industrial loft (potential rent $1,100/mo) featuring soaring ceilings, exposed brick, and original wood floors. Plus, modern kitchen/bath updates, walk-in closet, in-unit laundry, private deck balcony, and includes a dedicated parking space within a fully fenced area. A high-visibility ground floor storefront is ideal for a boutique, studio, or office. It boasts a unique walk-in vault for unmatched security. The ultimate live/work property- this affordable gem is a must-see!
Full Property Details
Full Property Details for 1028 State St
General
- Price: $157,900
- Taxes: $2,539 (2025)
- Status: Active
- Type: Retail
- Source: MetroMLS_Milwaukee_Wirex
- MLS ID: 1949249
- Updated: 2/3/2026
- Added to Site: 59 day(s) ago
Additional Information
- Other Features: Display Window, Fenced Yard, Fixtures, Inside Storage, Living Space Available, Office(s), Other, Restrooms
Parking
- Total Spaces: 1
Location
- Municipality: City
- County: Racine
- Driving Directions: NE corner of State Street and Marquette Street
- Dist. to Freeway: Less than 1 Mile
- Location Details: Business District, Corner, Near Public Transit
Heating & Cooling
- Heating/Cooling: Central Air Conditioning, Forced Air, Natural Gas
Utilities
- Water/Sewer: Municipal Sewer, Municipal Water
Structural Information
- Structure Type: Office(s), Other, Retail, Special Purpose
- Exterior Const.: Brick, Other
- Basement Desc.: Full
- Roof: Rubber
- Ceiling Height: 11 to 15 Feet, 8 to 10 Feet
- Drive-In Clearance: No Truck Door
- Stories Description: 2
- Square Feet: 2,400
- Year Built: 1900
Lot Features
- Lot Size (Acres): 0.04
- Frontage: High Visibility, Near Public Transit, Paved Road, Town/City Road
- Zoning: B3
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Tax Amount: $2,539
- Tax Year: 2025
Listed by Mahler Sotheby's International Realty
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Schools
Schools serving 1028 State St
School District:Racine School District
| Name | Grades | Distance |
|---|---|---|
Julian Thomas Elementary School 930 Doctor Martin Luther King Drive, Racine, WI 53404 | K-5 | 0.1 mi |
Jerstad-Agerholm Elementary School 3535 Lasalle Street, Racine, WI 53402 | K-5 | 2.3 mi |
Horlick High School 2119 Rapids Drive, Racine, WI 53404 | 9-12 | 1.3 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 1028 State St
Date
Details
Price
Change
Source
2/03/2026
Listed
$157,900
507.31%
MLS
1/04/2019
Sold
$26,000
—
Public Record
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 1028 State St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,539
9%
$94,600
10%
2024
$2,322
-4%
$86,000
—
2023
$2,411
6%
$86,000
5%
2022
$2,277
35%
$82,000
58%
2021
$1,688
5%
$52,000
4%
2020
$1,601
3%
$50,000
4%
2019
$1,553
4%
$48,000
9%
2018
$1,494
-2%
$44,000
5%
2017
$1,520
3%
$42,000
5%
2016
$1,478
-4%
$40,000
—
2015
$1,544
3%
$40,000
—
2014
$1,494
37%
$40,000
33%
2013
$1,091
—
$30,000
—
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 1028 State St
1028 State St, Racine, WI 53404 (MLS# 1949249) is a Retail property. 1028 State St is currently listed for $157,900 and was received on February 03, 2026. Want to learn more about 1028 State St? Do you have questions about finding other Retail real estate for sale in Racine? You can browse all Racine real estate or contact a Coldwell Banker agent to request more information.

