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420 7th St, Racine, WI 53403
$375,000
420 7th St, Racine, WI 53403View this property at 420 7th St, Racine, WI 53403
420 7th StRacineWI53403
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Property Description
Flexible 2 story building in the heart of downtown Racine with 5200+ sq ft. Located in an opportunity zone. Currently configured as offices and conference rooms but could easily be converted for other uses. Fully finished basement provides additional usable space. 2 bathrooms on the main level and 2 bathrooms on the second level. First and second floors could be split for separate spaces. Use one and rent the other for additional income. Traffic count of 3800/day per DOT. Close proximity to city hall, police station, court house, downtown shopping/restaurants, Lake Michigan, and more.
Full Property Details
Full Property Details for 420 7th St
General
- Price: $375,000
- Taxes: (2022)
- Status: Active
- Type: Retail
- MLS ID: 1855480
- Updated: 10/25/2023
- Added to Site: 185 day(s) ago
Additional Information
- Other Features: Carpeting, Fixtures, Handicap Access, Handicap Equipped, Office(s), Restrooms
Location
- Municipality: City
- County: Racine
- Dist. to Freeway: 7 to 10 Miles
- Location Details: Business District, Corner, Freestanding, Near Public Transit
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
- Exterior Const.: Brick
- Basement Desc.: Full
- Roof: Rubber
- Ceiling Height: 8 to 10 Feet
- Drive-In Clearance: No Truck Door
- Stories Description: 2
- Square Feet: 5,052
- Year Built: 1947
Lot Features
- Lot Size (Acres): 0.07
- Frontage: High Visibility, Near Public Transit, Town/City Road
- Zoning: B4
Financial Considerations
- For Sale/Rent/Lease: For Sale or Lease
- Tax Year: 2022
- Terms: 1031 Exchange, Land Contract, Rent with Option to Buy
Listed by First Weber Inc- Racine
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Schools
Schools serving 420 7th St
School District:Racine Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
2420 Kentucky St, Racine, WI 53405 | K-5 | 2.9 mi | |
Mitchell Middle School
2701 Drexel Ave, Racine, WI 53403 | 6-8 | 2.3 mi | |
7345 Washington Ave, Racine, WI 53406 | 9-12 | 4.4 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 420 7th St
Date
Details
Price
Change
Source
10/25/2023
Listed
$375,000
49.64%
MLS
12/06/2022
Sold
$250,600
—
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 420 7th St
Year
Property Taxes
Change
Tax Assessment
Change
2023
$7,715
2524%
$250,000
100%
2022
$294
2%
100%
2021
$289
—
100%
2020
$288
7%
100%
2019
$270
41%
100%
2018
$192
-31%
100%
2013
$280
—
—
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 420 7th St
420 7th St, Racine, WI 53403 (MLS# 1855480) is a Retail property. 420 7th St is currently listed for $375,000 and was received on October 25, 2023. Want to learn more about 420 7th St? 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.