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1121 Lake Ave, Racine, WI 53403
$1,500,000 Contingent
1121 Lake Ave, Racine, WI 53403View this property at 1121 Lake Ave, Racine, WI 53403
1121 Lake AveRacineWI53403
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Property Description
Exquisite panoramic Lake Michigan views make this property shine!This 3-story English Tudor was built by a Scottish Immigrant and prominent businessman. Nestled bluff-side on just under an acre with stunning Lake Michigan views. The property has been tastefully remodeled to enhance its charm but also offer modern amenities. This property features 7 private suites all with a full bath, 2 full kitchens, 6 fireplaces, parking lot plus 2 car garage, and ample outdoor entertaining space. Beautiful woodwork and tilework throughout that you can only find in homes of this era. Fully finished exposed lower level features 2 additional bedrooms, full bath, and living room. This property has been used for Airbnb, events, weddings, and would also make an amazing and impressionable office space.
Full Property Details
Full Property Details for 1121 Lake Ave
General
- Price: $1,500,000
- Taxes: $14,839 (2022)
- Status: Contingent
- Type: Commercial
- MLS ID: 1862515
- Updated: 3/28/2024
- Added to Site: 96 day(s) ago
Additional Information
- Other Features: Fixtures, Furniture, Restrooms
Parking
- Total Spaces: 10
Location
- Municipality: City
- County: Racine
- Driving Directions: Main Street to 11th Street East to Lake Ave N.
- Dist. to Freeway: 7 to 10 Miles
- Location Details: Freestanding, Near Public Transit
Heating & Cooling
- Heating/Cooling: Central Air Conditioning, Hot Water/Steam, Natural Gas
Utilities
- Water/Sewer: Municipal Sewer, Municipal Water
Structural Information
- Structure Type: Other
- Exterior Const.: Brick, Stucco/Slate, Wood
- Basement Desc.: Brick, Full, Walk-Out/Outer Door
- Roof: Other
- Ceiling Height: 8 to 10 Feet
- Drive-In Clearance: No Truck Door
- Stories Description: 3
- Square Feet: 8,942
- Year Built: 1915
Lot Features
- Lot Size (Acres): 0.95
- Frontage: Near Public Transit, Paved Road, Town/City Road, Waterfrontage
- Zoning: IO
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Tax Amount: $14,839
- Tax Year: 2022
Listed by First Weber Inc- Racine
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Schools
Schools serving 1121 Lake Ave
School District:Racine Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
2420 Kentucky St, Racine, WI 53405 | K-5 | 2.8 mi | |
Mitchell Middle School
2701 Drexel Ave, Racine, WI 53403 | 6-8 | 2.1 mi | |
7345 Washington Ave, Racine, WI 53406 | 9-12 | 4.6 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1121 Lake Ave
Date
Details
Price
Change
Source
1/22/2024
Listed
$1,500,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1121 Lake Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$16,702
10%
$655,000
10%
2022
$15,252
-11%
$595,000
—
2021
$17,147
-9%
$595,000
—
2020
$18,918
2%
$595,000
5%
2019
$18,553
2%
$567,000
—
2018
$18,236
-2%
$567,000
3%
2017
$18,574
15%
$550,000
10%
2016
$16,167
-15%
$500,000
-17%
2015
$18,926
-33%
$600,000
-37%
2014
$28,294
—
$950,000
—
2013
$28,245
—
$950,000
—
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 1121 Lake Ave
1121 Lake Ave, Racine, WI 53403 (MLS# 1862515) is a Commercial property. 1121 Lake Ave is currently listed for $1,500,000 and was received on January 22, 2024. Want to learn more about 1121 Lake Ave? Do you have questions about finding other Commercial real estate for sale in Racine? You can browse all Racine real estate or contact a Coldwell Banker agent to request more information.