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1234 Milwaukee Ave, South Milwaukee, WI 53172
$299,900 Contingent
1234 Milwaukee Ave, South Milwaukee, WI 53172View this property at 1234 Milwaukee Ave, South Milwaukee, WI 53172
1234 Milwaukee AveSouth MilwaukeeWI53172
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Property Description
Prime business location in the heart of downtown South Milwaukee with instant revenue from the two 1-bedroom apartments (1,440 sq ft combined) located in the upper level! North unit tenant on MTM lease ($760/mo). South unit tenant signed a 1 year lease through 9/30/2024 ($790/mo). Spacious commercial unit (2,240 sq ft) in the lower level with large windows promoting foot traffic and a DOT traffic count of 6,207 vehicles per day. 2 car garage attached to commercial space. The full basement offers separate mechanicals for each unit as well as storage lockers. BONUS: huge roof top patio with separate entrance that could be utilized by all tenants! City of South Milwaukee offering grant for new businesses - see attachment in document tab for details.
Full Property Details
Full Property Details for 1234 Milwaukee Ave
General
- Price: $299,900
- Taxes: $5,487 (2022)
- Status: Contingent
- Type: Retail
- MLS ID: 1857969
- Updated: 2/29/2024
- Added to Site: 162 day(s) ago
Additional Information
- Other Features: Display Window, Inside Storage, Living Space Available, Restrooms
Parking
- Total Spaces: 2
Location
- Municipality: City
- County: Milwaukee
- Driving Directions: Rawson to 15th Ave, South to Milwaukee Ave, East to property, located on North side of street
- Dist. to Freeway: 1 to 3 Miles
- Location Details: Business District, Corner, Freestanding, Near Public Transit
Heating & Cooling
- Heating/Cooling: Hot Water/Steam, Natural Gas, Other
Utilities
- Water/Sewer: Municipal Sewer, Municipal Water
Structural Information
- Structure Type: Other, Retail
- Exterior Const.: Brick, Partially Aluminum
- Basement Desc.: Full
- Roof: Rubber, Tar/Gravel
- Ceiling Height: 8 to 10 Feet
- Drive-In Clearance: No Truck Door
- Stories Description: 2
- Square Feet: 3,680
- Year Built: 1925
Lot Features
- Lot Size (Acres): 0.09
- Frontage: High Visibility, Near Public Transit, Paved Lot, Paved Road, Town/City Road
- Zoning: C3
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Tax Amount: $5,487.04
- Tax Year: 2022
Listed by Hometowne Realty LLC
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Schools
Schools serving 1234 Milwaukee Ave
School District:South Milwaukee School District
Rating | Name | Grades | Distance |
---|---|---|---|
1410 Rawson Ave, S Milwaukee, WI 53172 | PK-5 | 0.4 mi | |
1001 15th Ave, S Milwaukee, WI 53172 | 6-8 | 0.8 mi | |
801 15th Ave, S Milwaukee, WI 53172 | 9-12 | 0.8 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 1234 Milwaukee Ave
Date
Details
Price
Change
Source
11/17/2023
Listed
$299,900
143.82%
MLS
9/14/2018
Sold
$123,000
—
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 1234 Milwaukee Ave
Year
Property Taxes
Change
Tax Assessment
Change
2022
$5,186
6%
$264,000
60%
2021
$4,901
—
$165,000
—
2020
$4,901
1%
$165,000
—
2019
$4,841
7%
$165,000
—
2018
$4,517
2%
$165,000
—
2017
$4,444
8%
$165,000
—
2016
$4,109
-1%
$165,000
—
2015
$4,133
2%
$165,000
—
2014
$4,033
-8%
$165,000
—
2013
$4,361
-1%
$165,000
—
2012
$4,419
—
$165,000
—
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 1234 Milwaukee Ave
1234 Milwaukee Ave, South Milwaukee, WI 53172 (MLS# 1857969) is a Retail property. 1234 Milwaukee Ave is currently listed for $299,900 and was received on November 17, 2023. Want to learn more about 1234 Milwaukee Ave? Do you have questions about finding other Retail real estate for sale in South Milwaukee? You can browse all South Milwaukee real estate or contact a Coldwell Banker agent to request more information.