Multi-Room Office
For Sale
Contact for pricing
105-7533 22nd Ave, Kenosha, WI 53140
A lobby, two offices, a flexible work area, and designated parking accommodate a compact professional office setup.
Property Size732 SF
Price / SF$1.08
Days on Market9
Property Features for 105-7533 22nd Ave
General Information
Standard status
Active
Size
732 SF
Total Parking Spaces
1
Taxes and HOA fees
Annual Taxes
$4,840
Amenities
shared public hallway restroom
courtyard
Building Details
Construction
mid-century modern
Listing Agency:
Sensibl Realty
(262) 484-4130
Listed By:
Matthew Cibrario
(262) 496-6044
Source:
Exprealty
Added: Oct 9
Changed: Oct 15
Last Checked: Oct 16 at 10:34AM
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 Sensibl Realty
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Suite 105 offers 732 square feet within a mid-century modern office building. The layout includes a lobby, a larger room suitable for office or conference use, a second office, and another adaptable area. The suite also has access to a shared hallway restroom and an outdoor courtyard, with one designated parking space.
The property is across from Aurora Medical Center in Kenosha, south of 75th Street on 22nd Avenue. Neutral interior finishes provide a straightforward backdrop for a business’s own furnishings and branding.
The property is across from Aurora Medical Center in Kenosha, south of 75th Street on 22nd Avenue. Neutral interior finishes provide a straightforward backdrop for a business’s own furnishings and branding.
Key Highlights
- 732 SF suite with lobby, two offices, and a separate adaptable area
- Larger room can serve as an office or conference room
- One designated parking space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,212
Suggested Prices Based on Cap Rates
Cap Rate 5%
$184,240
$184.2K
Cap Rate 7%
$131,600
$131.6K
Cap Rate 9%
$102,356
$102.4K
Market Conditions
NOI Build-Up for 732 SF
Gross rent
$15.4K $21.00/SF
− Vacancy
−$3.1K −$4.22/SF
EGI
$12.3K $16.78/SF
− OpEx
−$3.1K −$4.19/SF
NOI
$9.2K $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%
$184,240
Cap Rate 7%
$131,600
Cap Rate 9%
$102,356
Alternative Uses
Best Use
Office B
$131.6K
$115.2K – $153.5K
NOI $9,212 @ 7.0% cap · market cap 1,166.08%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$852.2K
$745.7K – $994.3K
NOI $59,655 @ 7.0% cap · market cap 7,551.27%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
19
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
Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office units - A lobby, two offices, a flexible work area, and designated parking accommodate a compact professional office setup.
Where is this office units located?
The property is located at 105-7533 22nd Ave Kenosha, WI.
What are key features of this property?
This property features: 732 SF suite with lobby, two offices, and a separate adaptable area; Larger room can serve as an office or conference room; One designated parking space
