Corner Office
For Sale
Contact for pricing
1024 60th St Unit 4, Kenosha, WI 53140
Recently refreshed workspace with carpeting, updated lighting, and a window providing natural light.
Property Size475 SF
Price / SF$1.25
Days on Market83
Property Features for 1024 60th St Unit 4
General Information
Standard status
Active
Size
475 SF
Building Details
Year Built
1946
Listing Agency:
Real Broker LLC
Listed By:
Steve Robe Elite Team* · License #5804090
(262) 705-8125
Source:
Jwregwi
Added: Jul 30
Changed: Oct 14
Last Checked: Oct 19 at 11:25AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Real Broker LLC
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Investment Insights
Based on property information with market context.
This 475-square-foot office suite at 1024 60th St Unit 4 in Kenosha offers a flexible professional workspace for individual practitioners or small teams. The interior includes carpeting, fresh paint, and newly updated lighting, creating a clean setting for office operations. Its layout can accommodate approximately 6-7 desks, while the corner position and window bring natural light into the space.
The suite can support professional office uses such as legal, insurance, real estate, and counseling practices. The building was constructed in 1946, and the suite’s refreshed interior provides updated finishes within the existing office property.
The suite can support professional office uses such as legal, insurance, real estate, and counseling practices. The building was constructed in 1946, and the suite’s refreshed interior provides updated finishes within the existing office property.
Key Highlights
- 475 SF corner office suite in Kenosha
- Approximately 6‑7 desks can fit within the flexible layout
- New lighting and fresh paint
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$5,978
Suggested Prices Based on Cap Rates
Cap Rate 5%
$119,560
$119.6K
Cap Rate 7%
$85,400
$85.4K
Cap Rate 9%
$66,422
$66.4K
Market Conditions
NOI Build-Up for 475 SF
Gross rent
$10.0K $21.00/SF
− Vacancy
−$2.0K −$4.22/SF
EGI
$8.0K $16.78/SF
− OpEx
−$2.0K −$4.19/SF
NOI
$6.0K $12.58/SF
Area
Kenosha County, WI
Vacancy
20.10%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$119,560
Cap Rate 7%
$85,400
Cap Rate 9%
$66,422
Alternative Uses
Best Use
Office B
$85.4K
$74.7K – $99.6K
NOI $5,978 @ 7.0% cap · market cap 1,004.71%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$553.0K
$483.9K – $645.2K
NOI $38,711 @ 7.0% cap · market cap 6,506.05%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,631
Businesses Nearby
Explore this area
Business Placement
Demographics for 53140, WI
30,571
Population
14,065
Households
2.2
Avg Household Size
36
Median Age
28%
College-Educated
90%
High-School Grad
7.9 sq mi
ZIP Area
3,870
Density / Sq Mi
$56,803
Median Household Income
$34,154
Median Earnings
$1,018
Median Rent
$191,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office unit - Recently refreshed workspace with carpeting, updated lighting, and a window providing natural light.
Where is this office unit located?
The property is located at 1024 60th St Unit 4 Kenosha, WI.
What are key features of this property?
This property features: 475 SF corner office suite in Kenosha; Approximately 6‑7 desks can fit within the flexible layout; New lighting and fresh paint
