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$112,500 -$2,500 (-2.17%) Price Reduced
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Property Description
Own your space for less than rent! This ~1,100 SF commercial building offers excellent visibility and a flexible layout for office, retail, or service use. Features include private on-site parking, two restrooms, and alley access with zero-step entry--ideal for deliveries or client access. Perfect for insurance, tax, salon, wellness, retail, contractor office, or nonprofit use. A great opportunity for an owner-user to control costs, build equity, and establish a long-term location. Affordable, functional, and ready for your business--stop leasing and start owning!
Full Property Details
Full Property Details for 1601 Packard Ave
General
- Price: $112,500
- Taxes: $1,775 (2025)
- Status: Active
- Type: Retail
- Source: MetroMLS_Milwaukee_Wirex
- MLS ID: 1958684
- Updated: 5/5/2026
- Added to Site: 16 day(s) ago
Additional Information
- Other Features: Restrooms
Parking
- Total Spaces: 6
Location
- Municipality: City
- County: Racine
- Driving Directions: 16th St & S Memorial Dr
- Dist. to Freeway: Less than 1 Mile, 3 to 5 Miles, 7 to 10 Miles
- Location Details: Corner, Freestanding, Near Public Transit
Heating & Cooling
- Heating/Cooling: Central Air Conditioning, Natural Gas
Utilities
- Water/Sewer: Municipal Water
Structural Information
- Structure Type: Office(s), Professional Service, Retail
- Exterior Const.: Aluminum Siding, Brick, Stone
- Basement Desc.: Crawl Space
- Roof: Composition, Rubber
- Ceiling Height: 8 to 10 Feet
- Drive-In Clearance: No Truck Door
- Stories Description: 12
- Square Feet: 1,100
- Year Built: 1940
Lot Features
- Lot Size (Acres): 0.1
- Frontage: High Visibility, Near Public Transit, Paved Road, Town/City Road
- Zoning: B-2
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Tax Amount: $1,775.45
- Tax Year: 2025
Listed by Premier Point Realty LLC
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Schools
Schools serving 1601 Packard Ave
School District:Racine School District
| Name | Grades | Distance |
|---|---|---|
Knapp Elementary School, Racine, WI 2701 17th Street, Racine, WI 53405 | K-5 | 0.6 mi |
Mitchell Elementary School, Racine, WI 2701 Drexel Avenue, Racine, WI 53403 | K-5 | 1 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 1601 Packard Ave
Date
Details
Price
Change
Source
5/05/2026
Price Reduced
$112,500
-2.17%
MLS
4/20/2026
Listed
$115,000
27.78%
MLS
1/15/2024
Sold
$90,000
—
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 1601 Packard Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,226
22%
$78,000
—
2024
$2,647
-5%
$78,000
—
2023
$2,780
-9%
$78,000
—
2022
$3,040
-8%
$78,000
—
2021
$3,321
35%
$78,000
—
2020
$2,459
-7%
$78,000
7%
2019
$2,637
16%
$73,000
7%
2018
$2,273
-55%
$68,000
—
2017
$5,040
101%
$68,000
—
2016
$2,509
-16%
$68,000
—
2015
$2,990
4%
$68,000
-13%
2014
$2,862
3%
$78,000
—
2013
$2,792
—
$78,000
—
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 1601 Packard Ave
1601 Packard Ave, Racine, WI 53403 (MLS# 1958684) is a Retail property. 1601 Packard Ave is currently listed for $112,500 and was received on April 20, 2026. Want to learn more about 1601 Packard 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.

