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$180,000
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Property Description
PRIME RACINE INVESTMENT!!! Add this to your portfolio: a carry-out restaurant attached to a fully occupied duplex (2BR lower, 1BR upper. Each tenant is on a MTM), with a 2 car garage and on almost 1/4 acre of land. Flat roof was professionally repaired and basement wall was rebuilt. Don't miss this investment opportunity! More pictures coming soon!! This is listed as both ''commercial and duplex'' MLS#1919791
Full Property Details
Full Property Details for 1642 Washington Ave
General
- Price: $180,000
- Taxes: $2,859 (2023)
- Status: Active
- Type: Commercial
- Source: MetroMLS_Milwaukee_Wirex
- MLS ID: 1919965
- Updated: 11/22/2025
- Added to Site: 232 day(s) ago
Additional Information
- Other Features: Handicap Access, Other
Parking
- Total Spaces: 4
Location
- Municipality: City
- County: Racine
- Driving Directions: Washington Ave on the northside of street
- Dist. to Freeway: Less than 1 Mile
- Location Details: Freestanding, Near Public Transit
Heating & Cooling
- Heating/Cooling: Forced Air, Natural Gas
Utilities
- Water/Sewer: Municipal Sewer, Municipal Water
Structural Information
- Structure Type: Other
- Exterior Const.: Brick, Other, Vinyl
- Basement Desc.: Block, Full
- Roof: Composition, Rubber
- Ceiling Height: 8 to 10 Feet
- Drive-In Clearance: No Truck Door
- Stories Description: 12
- Square Feet: 930
- Year Built: 1900
Lot Features
- Lot Size (Acres): 0.22
- Frontage: High Visibility, Near Public Transit, Town/City Road
- Zoning: Com/Res
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Tax Amount: $2,859.62
- Tax Year: 2023
Listed by Realty Dreams LLC
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Schools
Schools serving 1642 Washington Ave
School District:Racine School District
| Name | Grades | Distance |
|---|---|---|
Fratt Elementary School 3501 Kinzie Avenue, Racine, WI 53405 | K-5 | 1.2 mi |
Park High School 1901 12th Street, Racine, WI 53403 | 9-12 | 0.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1642 Washington Ave
Date
Details
Price
Change
Source
7/26/2025
Price Reduced
$180,000
-5.26%
MLS
6/14/2025
Price Reduced
$190,000
-5%
MLS
5/30/2025
Listed
$200,000
25%
MLS
12/10/2021
Sold
$160,000
—
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 1642 Washington Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,295
-21%
$115,000
—
2023
$9,277
79%
$115,000
11%
2022
$5,191
54%
$104,000
—
2021
$3,364
8%
$104,000
—
2020
$3,117
—
$104,000
5%
2019
$3,132
—
$99,000
5%
2018
$3,121
-8%
$94,000
—
2017
$3,401
1%
$94,000
6%
2016
$3,380
-4%
$89,000
5%
2015
$3,537
16%
$85,000
—
2014
$3,037
-7%
$85,000
-7%
2013
$3,264
—
$91,000
—
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 1642 Washington Ave
1642 Washington Ave, Racine, WI 53403 (MLS# 1919965) is a Commercial property. 1642 Washington Ave is currently listed for $180,000 and was received on May 30, 2025. Want to learn more about 1642 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.

