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$419,900 Just Listed

  • For Sale
  • Active
  • Retail
  • 4,000 Sq. Ft.
  • Updated 7 hours ago
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Centrally located property with 2 apartments up and 2 retail business spaces below. Potential income from all 4 in excess of $4700/month. Currently a barber shop and a beauty shop on first floor and 2 apartments on 2nd floor. Potential for retail business or insurance agency or ??? Roof is 2 years old with a 20-year transferrable warranty, materials and labor. Ample parking on side and rear of building. Show both lower immediately. Both uppers are occupied and require 24 hrs. notice. Lower left unit is vacant, listed MLS #1939695. Let the tenants pay the mortgage. POSITIVE CASH FLOW!$!$

Full Property Details for 1116 Grove Ave #1118 Grove Ave

General

  • Price: $419,900
  • Taxes: $7,533 (2025)
  • Status: Active
  • Type: Retail
  • Source: MetroMLS_Milwaukee_Wirex
  • MLS ID: 1956199
  • Updated: 4/4/2026
  • Added to Site: 2 day(s) ago

Additional Information

  • Other Features: Fixtures, Furniture, Handicap Equipped, Inside Storage, Living Space Available, Restrooms

Parking

  • Total Spaces: 3

Location

  • Municipality: City
  • County: Racine
  • Driving Directions: Washington Ave to Grove, N to property.
  • Dist. to Freeway: 1 to 3 Miles
  • Location Details: Business District, Freestanding

Heating & Cooling

  • Heating/Cooling: Electric, Forced Air, Natural Gas

Utilities

  • Water/Sewer: Municipal Sewer, Municipal Water

Structural Information

  • Structure Type: Professional Service, Retail, Special Purpose
  • Exterior Const.: Brick, Other, Wood
  • Basement Desc.: None
  • Roof: Rubber
  • Ceiling Height: 8 to 10 Feet
  • Drive-In Clearance: No Truck Door
  • Stories Description: 2
  • Square Feet: 4,000
  • Year Built: 1969

Lot Features

  • Lot Size (Acres): 0.11
  • Frontage: Near Public Transit, Paved Lot
  • Zoning: B2, RES

Financial Considerations

  • For Sale/Rent/Lease: For Sale Only
  • Tax Amount: $7,533
  • Tax Year: 2025

Listed by Realty ONE Group Boardwalk

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— 1116 Grove Ave #1118 Grove Ave —

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Schools serving 1116 Grove Ave #1118 Grove Ave

School District:Racine School District
NameGradesDistance
Fratt Elementary School
3501 Kinzie Avenue, Racine, WI 53405
K-50.3 mi
Mitchell Elementary School, Racine, WI
2701 Drexel Avenue, Racine, WI 53403
K-51.4 mi
Park High School
1901 12th Street, Racine, WI 53403
9-120.7 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 1116 Grove Ave #1118 Grove Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/02/2026
Listed
$419,900
140.77%
MLS
9/29/2017
Sold
$174,400
—
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 for 1116 Grove Ave #1118 Grove Ave

Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,533
9%
$278,300
10%
2024
$6,894
-4%
$253,000
—
2023
$7,168
60%
$253,000
5%
2022
$4,476
-40%
$241,000
—
2021
$7,425
2%
$241,000
—
2020
$7,270
-2%
$241,000
7%
2019
$7,425
14%
$225,000
7%
2018
$6,532
-4%
$210,000
—
2017
$6,799
-2%
$210,000
—
2016
$6,942
-1%
$210,000
—
2015
$7,010
5%
$210,000
—
2014
$6,689
—
$210,000
—
2013
$6,668
—
$210,000
—
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.

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1116 Grove Ave #1118 Grove Ave, Racine, WI 53405 (MLS# 1956199) is a Retail property. 1116 Grove Ave #1118 Grove Ave is currently listed for $419,900 and was received on April 02, 2026. Want to learn more about 1116 Grove Ave #1118 Grove Ave? 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.

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