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Brick Apartment Buildings with 16 Units

3111 Wheelock Dr Racine, WI 53405

3111 Wheelock Dr, Racine, WI, 53405
$1,950,000
For Sale
Claim this Listing
$1,950,000

MULTI_FAMILY - Racine, WI

Lot Size0.54 Acres
AddedApr 8
Days on Market100
Last RefreshJul 16 at 2:06 am

Property Features for 3111 Wheelock Dr

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R4
Standard status
Active
APN
23871001
Lot size
0.54 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
30217

Building Details

Year built
1962

Listing agent Karen Sorenson License #56787-90

Listing office RE/MAX Newport 1020 West Blvd, Racine, WI

Listing date Apr 8, 2026

MLS# 1956743 Listing URL

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.

The property consists of two brick apartment buildings totaling 16 units, including eight 2-bedroom units and eight 1-bedroom units. Updates are noted in six of the 2-bedroom units and five of the 1-bedroom units, with modern appliances, granite countertops, refreshed bathrooms, and new lighting packages in those updated units. Each unit includes in-unit air conditioning for tenant comfort. Laundry facilities are available within the 2-bedroom building.

Located at 3111 Wheelock Dr in Racine, Wisconsin, the property is described as being in a prime Hwy 11 location. The offering provides a straightforward, multi-building residential income setup with a consistent mix of apartment sizes.

This configuration can fit buyers or operators looking for a manageable portfolio with both one- and two-bedroom apartments on-site. In-unit air conditioning is provided for all units, and the presence of laundry facilities within the 2-bedroom building adds a practical convenience for residents in that unit mix. With partial interior updates already completed in a portion of the units, the property offers a combination of established housing and refreshed interiors within the unit mix.

Key Highlights

  • Two brick apartment buildings totaling 16 units
  • Unit mix: eight 2‑bedroom and eight 1‑bedroom units
  • Updates in six of the 2‑bedroom units and five of the 1‑bedroom units

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Parking Lot & Garage Kitchen & Bath Showroom Electrical Service Hair Salon Auto Parts Store Skin Care Clinic

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Apartment building - Two brick buildings offer 16 apartments with in-unit air conditioning across one- and two-bedroom layouts.
Where is this apartment building located?
The property is located at 3111 Wheelock Dr Racine, WI.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: Two brick apartment buildings totaling 16 units; Unit mix: eight 2‑bedroom and eight 1‑bedroom units; Updates in six of the 2‑bedroom units and five of the 1‑bedroom units
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