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    1127 Windlake Ave Milwaukee, WI 53215

    Sponsored
    For Sale
    $249,900

    Updated Brick Building, 3 Apartments, Ample Parking

    Property size:
    3,150 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional mixed-use property, located at 1127 W Windlake Avenue, Unit 1129 in Milwaukee, Wisconsin, presents a compelling investment opportunity. The 3,150 square foot building sits on a 0.07-acre lot and is constructed of solid brick. The property boasts a vacant commercial storefront, perfectly suited for a new business or the addition of a new tenant. Currently, three well-maintained apartments generate rental income, ensuring a steady cash flow. The commercial space was previously occupied by a massage parlor. The building has undergone significant recent renovations. The lower rear unit has been completely remodeled, and numerous updates and cosmetic improvements have been made throughout the entire structure. These renovations encompass nearly every area of the building. Ample on-site parking is available for tenants and customers. The property's convenient location offers easy freeway access, enhancing its appeal and accessibility. This is an ideal addition to any investment portfolio, offering a blend of commercial and residential income streams with significant upside potential. The asking price is $249,900.

    Property Features for 1127 Windlake Ave

    General Information

    Property type
    Other commercial real estate
    Square Feet
    3,150 SF
    Lot Size
    3,049 SF

    Building Details

    Year Built
    1905
    Location Intelligence

    Current Use by Public Records

    Luck Massage Spa Massage Spa

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Milwaukee
    County
    MILWAUKEE
    State
    Wisconsin
    Longitude
    -87.92608
    Latitude
    43.00623

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    FAQs

    What type of property is this?
    Commercial real estate - Updated Brick Building, 3 Apartments, Ample Parking
    Where is this commercial real estate located?
    The property is located at 1127 Windlake Ave Milwaukee, WI.
    What is the asking price?
    The asking price for this property is $249,900.
    Request Owner's contact information
    1127 Windlake Ave Milwaukee, WI 53215
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    Milwaukee, WI 53215
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1127 Windlake Ave Milwaukee, WI 53215
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