Search
Multifamily Property
New
For Sale
$389,000

248 W Chestnut St, Burlington, WI 53105

MULTI_FAMILY - Burlington, WI

Lot Size0.16 Acres
Days on Market3

Property Features for 248 W Chestnut St

General Information

Property type Residential Multi Family
Property subtype Other
Zoning RES
Middle school Nettie E Karcher
High school Burlington
Elementary school district Burlington Area
Middle school district Burlington Area
High school district Burlington Area
Directions City of Burlington, Corner of W Chestnut St (Hwy 11) and Kendall St.
Standard status Active
APN 206031932380090
Lot size 0.16 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 4418

Building Details

Year built 1900
Listing Agency: RE/MAX Premier Properties · RE/MAX International
Listed By: Tim Burd · License #79845-94
Added: Jul 31 Last Checked: Aug 2 at 6:06AM
MLS# 1974125

Copyright © 2026 Metro MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This multifamily property is located at 248 W Chestnut St in Burlington, Wisconsin. The site is 0.16 acres and the property was built in 1900.

Zoned RES, the building offers a residential income-focused opportunity within the Racine County community of Burlington. The property’s compact lot size may appeal to buyers looking for a smaller-scale multifamily asset.

For investors and operators evaluating potential residential rental use, this property provides a defined footprint, established construction dating to 1900, and RES zoning as a starting point for due diligence on renovations, operating plans, and current market fit.

Key Highlights

  • 248 W Chestnut St, Burlington, WI 53105
  • 0.16‑acre lot
  • Zoned RES

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Parking Lot & Garage Grocery & Convenience Store (Bike/Boat/Book/etc) Store Carpet & Flooring Store Computer & Electronic Repair Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

472
Businesses Nearby

Demographics for 53105, WI

29,654
Population
12,995
Households
2.3
Avg Household Size
44
Median Age
28%
College-Educated
94%
High-School Grad
159.5 sq mi
ZIP Area
186
Density / Sq Mi
$88,798
Median Household Income
$48,254
Median Earnings
$1,029
Median Rent
$295,100
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Multifamily property - Zoned RES and built in 1900 on a 0.16-acre site in Burlington, WI.
Where is this multifamily property located?
The property is located at 248 W Chestnut St Burlington, WI.
What is the asking price?
The asking price for this property is $389,000.
What are key features of this property?
This property features: 248 W Chestnut St, Burlington, WI 53105; 0.16‑acre lot; Zoned RES
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message