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$635,000
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Property Description
Investment opportunity, fully occupied with long term lease tenant (15 yr lease, NN lease with steady base rent increase throughout the lease term), collect income with this golden opportunity. Landlord has done multiple updates to the inside, new vinyl plank flooring throughout, fresh layer of paint, new HVAC ducts (parts of the building), a few remodeled rooms.
Full Property Details
Full Property Details for 1409 Washington Ave
General
- Price: $635,000
- Taxes: $4,309 (2025)
- Status: Active
- Type: Retail
- Source: MetroMLS_Milwaukee_Wirex
- MLS ID: 1972823
- Updated: 7/22/2026
- Added to Site: 8 day(s) ago
Additional Information
- Other Features: Display Window, Office(s), Other, Restrooms
Parking
- Total Spaces: 13
Location
- Municipality: City
- County: Racine
- Driving Directions: Taylor ave to Hwy 20. East on Hwy 20. Building on south side of street.
- Dist. to Freeway: 3 to 5 Miles
- Location Details: Business District, Near Public Transit, Shopping Center
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, Professional Service, Retail, Special Purpose, Storage, Warehouse
- Exterior Const.: Brick
- Basement Desc.: None
- Roof: Rubber
- Ceiling Height: 11 to 15 Feet, 8 to 10 Feet
- Drive-In Clearance: No Truck Door
- Stories Description: 1
- Square Feet: 7,385
- Year Built: 1920
Lot Features
- Lot Size (Acres): 0.28
- Frontage: Near Public Transit, Town/City Road
- Zoning: B2
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Tax Amount: $4,309.01
- Tax Year: 2025
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Schools
Schools serving 1409 Washington Ave
School District:Racine School District
| Name | Grades | Distance |
|---|---|---|
Knapp Elementary School, Racine, WI 2701 17th Street, Racine, WI 53405 | K-5 | 0.8 mi |
Mitchell Elementary School, Racine, WI 2701 Drexel Avenue, Racine, WI 53403 | K-5 | 1.3 mi |
Park High School 1901 12th Street, Racine, WI 53403 | 9-12 | 0.4 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 1409 Washington Ave
Date
Details
Price
Change
Source
7/22/2026
Listed
$635,000
353.57%
MLS
7/28/2023
Sold
$140,000
—
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 1409 Washington Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,130
5%
$185,000
28%
2024
$5,824
-4%
$145,000
-33%
2023
$6,080
-1%
$216,000
—
2022
$6,141
-9%
$216,000
—
2021
$6,771
2%
$216,000
—
2020
$6,650
7%
$216,000
7%
2019
$6,205
2%
$202,000
7%
2018
$6,060
-5%
$189,000
3%
2017
$6,384
4%
$183,000
5%
2016
$6,168
-2%
$174,000
—
2015
$6,276
4%
$174,000
—
2014
$6,018
—
$174,000
—
2013
$5,989
—
$174,000
—
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 1409 Washington Ave
1409 Washington Ave, Racine, WI 53403 (MLS# 1972823) is a Retail property. 1409 Washington Ave is currently listed for $635,000 and was received on July 22, 2026. Want to learn more about 1409 Washington 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.

