Property profile

197 W Chestnut St Burlington, WI 53105

FOR LEASE
Other commercial real estate
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Property ID
US92-1277454
8,460 SF 0.49 ac Built 1973
Last sale Nov 2019·$200,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 6-yr Hold Held for 6 years. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon
197 W Chestnut St, Burlington, WI 53105 For Lease
$10 SF/Yr 3,975 SF available
197 W Chestnut St, Burlington, WI 53105
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Property summary

AI-generated overview

The property at 197 W Chestnut Street in Burlington, Wisconsin is an all-brick commercial building with 3,975 sq. ft of office space on the 2nd floor. The 2nd-floor suite is configured to support office use and is designed with flexibility to be divided into separate units or combined into a larger footprint. The building has undergone renovations and includes updated HVAC, security, and automation systems. The office space is delivered as a blank foundation suitable for professional office…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$4k
Tax billed · 2023
Assessed value$245k
Assessed land$91k
Assessed improvement$154k
Effective rate1.47%

Value estimate

· Nov 2026
$260k
$234k – $286k
AI approach$260k
NOI build-up
Gross scheduled income$83k
Vacancy & credit loss−$15k
Operating expenses−$17k
NOI$51k

Realmo valuation models over county records and 28 qualifying comparable sales.

Recently sold

What actually traded nearby?
$99/SF
ZIP average, outlier-cleaned · 110 recorded sales of this use type
Observed band · Q1–Q3$57 – $151
Qualifying comparables28

Cap rate analysis

How does the asset earn?
$51k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionRACINE

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility10.5
Convenience Store10.2
Pawn Shop9.8

Location

197 W Chestnut St Burlington, WI 53105
County assessor Recorded deeds · 9 transfers 28 qualifying comp sales Zoning catalog · not on file

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
400 Dodge, Burlington, WI 53105-1443 $4,400,000 May 2025 21,564 SF
416 Milwaukee, Burlington, WI 53105-1253 $180,000 Mar 2025 5,760 SF
597 Pne, Burlington, WI 53105-1418 $900,000 Feb 2025 3,968 SF
109 Pne, Burlington, WI 53105-1954 $700,000 Jan 2025 10,930 SF
149 Madison, Burlington, WI 53105 $700,000 Jan 2025 3,264 SF
641 Browns Lk, Burlington, WI 53105-1663 $1,919,800 Oct 2024 8,560 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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