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$2,300,000
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Property Description
''Rare opportunity to own two solid brick apartment buildings totaling 16 units in a prime Hwy 11 location. The property includes eight 2-bedroom and eight 1-bedroom units, with updates in six of the 2-bedrooms and five of the 1-bedrooms. These updated units feature modern appliances, granite countertops, new lighting packages, and refreshed bathrooms. Each unit is equipped with in-unit air conditioning for added tenant comfort. Convenient laundry facilities are located within the 2-bedroom building. With a high-demand location and appealing amenities, this property is a solid investment choice.
Full Property Details
Full Property Details for 3111 Wheelock Dr
General
- Price: $2,300,000
- Taxes: $23,476 (2024)
- Status: Active
- Type: Apartment
- Source: MetroMLS_Milwaukee_Wirex
- MLS ID: 1897298
- Updated: 11/22/2025
- Added to Site: 448 day(s) ago
Parking
- Uncovered Spaces: 10
- Parking Features: Near Public Transit, Outdoor Space
Location
- County: Racine
- Driving Directions: Hwy 11 (Durand) east to Wheelock south to property on East side of street
School Information
- School District: Racine Unified
- Elementary School: Mitchell
- Middle School: Mitchell
- High School: Park
Heating & Cooling
- Heating/Cooling: Forced Air, Individual Heating Units, Natural Gas, Wall Air Conditioning
Utilities
- Water/Sewer: Municipal Sewer, Municipal Water
Structural Information
- Architectural Style: Apartment Building
- Exterior Const.: Brick
- Basement Desc.: Laundry Facilities
- Stories Description: 1 to 2 Stories
- Year Built: 1962
Unit Information
Unit 1
- Number of Units: 8
- Unit Description: 1 Bath, 2 Bedrooms, Air Conditioning, Dishwasher, Living Room, Range/Oven, Refrigerator
- Square Feet: 751 to 100
Unit 2
- Number of Units: 8
- Unit Description: 1 Bath, 1 Bedroom, Air Conditioning, Cable TV Available, Dishwasher, Living Room, Range/Oven, Refrigerator
- Square Feet: 750 or Les
Lot Features
- Lot Size (Acres): 0.54
- Zoning: R4
Financial Considerations
- Tax Amount: $23,476.95
- Tax Year: 2024
Listed by RE/MAX Newport
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Schools
Schools serving 3111 Wheelock Dr
School District:Racine School District
| Name | Grades | Distance |
|---|---|---|
Jones Elementary School, Racine, WI 3300 Chicory Road, Racine, WI 53403 | K-5 | 0.8 mi |
Park High School 1901 12th Street, Racine, WI 53403 | 9-12 | 1.7 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 3111 Wheelock Dr
Date
Details
Price
Change
Source
10/25/2024
Listed
$2,300,000
462.35%
MLS
4/30/2019
Sold
$409,000
—
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 3111 Wheelock Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$12,493
9%
$519,000
15%
2023
$11,451
14%
$451,000
15%
2022
$10,016
-3%
$392,000
9%
2021
$10,303
2%
$358,000
—
2020
$10,076
5%
$358,000
5%
2019
$9,575
2%
$341,000
7%
2018
$9,422
-4%
$319,000
—
2017
$9,796
-2%
$319,000
—
2016
$10,018
-1%
$319,000
—
2015
$10,123
5%
$319,000
—
2014
$9,633
—
$319,000
—
2013
$9,606
—
$319,000
—
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 3111 Wheelock Dr
3111 Wheelock Dr, Racine, WI 53405 (MLS# 1897298) is a Apartment property with 0 bedrooms and 0 full bathrooms. 3111 Wheelock Dr is currently listed for $2,300,000 and was received on October 25, 2024. Want to learn more about 3111 Wheelock Dr? Do you have questions about finding other Apartment real estate for sale in Racine? You can browse all Racine real estate or contact a Coldwell Banker agent to request more information.

