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$399,900
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Property Description
For sale or lease. Fully equipped restaurant and bar for sale with 3 additional apartments upstairs. Unit 1 rented at $725, unit 2 at $825 and unit 3 is vacant but was rented at $900. Owner may assist in financing. Contact agent for further information about leasing possibilities.
Full Property Details
Full Property Details for 1521 Washington Ave
General
- Price: $399,900
- Taxes: $15,980 (2024)
- Status: Active
- Type: Commercial
- Source: MetroMLS_Milwaukee_Wirex
- MLS ID: 1949723
- Updated: 3/19/2026
- Added to Site: 55 day(s) ago
Additional Information
- Other Features: Display Window, Fixtures, Furniture, Restrooms
Location
- Municipality: City
- County: Racine
- Driving Directions: GPS
- Dist. to Freeway: Less than 1 Mile
- Location Details: Business District, Corner, Near Public Transit
Heating & Cooling
- Heating/Cooling: Central Air Conditioning, Natural Gas
Utilities
- Water/Sewer: Municipal Sewer, Municipal Water
Structural Information
- Structure Type: Other
- Exterior Const.: Brick, Wood
- Basement Desc.: Block, Full
- Roof: Rubber
- Ceiling Height: 8 to 10 Feet
- Drive-In Clearance: No Truck Door
- Stories Description: 2
- Square Feet: 9,594
- Year Built: 1927
Lot Features
- Lot Size (Acres): 0.17
- Frontage: High Visibility, Near Public Transit, Paved Road, State Road
- Zoning: B2
Financial Considerations
- For Sale/Rent/Lease: For Sale or Lease
- Tax Amount: $15,980
- Tax Year: 2024
- Terms: Owner May Assist
Listed by Lannon Stone Realty LLC
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Schools
Schools serving 1521 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 | 1.2 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 1521 Washington Ave
Date
Details
Price
Change
Source
3/19/2026
Price Reduced
$399,900
-20%
MLS
2/07/2026
Listed
$499,900
—
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 1521 Washington Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$20,436
28%
$362,000
—
2024
$15,981
23%
$362,000
—
2023
$12,983
-2%
$362,000
4%
2022
$13,185
-16%
$347,000
—
2021
$15,636
-4%
$347,000
—
2020
$16,281
5%
$347,000
5%
2019
$15,565
44%
$330,000
10%
2018
$10,774
8%
$300,000
—
2017
$10,005
9%
$300,000
11%
2016
$9,174
-2%
$270,000
—
2015
$9,371
5%
$270,000
—
2014
$8,964
—
$270,000
—
2013
$8,944
—
$270,000
—
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 1521 Washington Ave
1521 Washington Ave, Racine, WI 53403 (MLS# 1949723) is a Commercial property. 1521 Washington Ave is currently listed for $399,900 and was received on February 07, 2026. Want to learn more about 1521 Washington 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.

