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Multifamily Property
For Sale
$369,000

248 W Chestnut St, Burlington, WI 53105

Burlington, WI

Property SizeContact for details
Lot Size0.16 Acres
Days on Market49

Property Features for 248 W Chestnut St

General Information

Property type Residential Multi Family
Property subtype Other
Zoning RES
Middle school Nettie E Karcher
High school Burlington
Elementary school district Burlington Area
Middle school district Burlington Area
High school district Burlington Area
Directions City of Burlington, Corner of W Chestnut St (Hwy 11) and Kendall St.
Standard status Active
APN 206031932380090
Lot size 0.16 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 4418

Building Details

Year built 1900
Listing Agency: RE/MAX Premier Properties · RE/MAX International
Listed By: Tim Burd · License #79845-94
Added: Jul 31 Changed: Aug 19 Last Checked: Sep 17 at 10:06AM
MLS# 1974125

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.

This multifamily property is situated on a 0.16-acre lot and carries RES zoning. The property dates to 1900 and is located at 248 W Chestnut St in Burlington, Wisconsin 53105.

The available information identifies the asset as a multifamily property in Racine County. No additional building configuration, unit count, or physical improvements are described.

Key Highlights

  • 0.16‑acre lot
  • RES zoning
  • Built in 1900

Property Analytics

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Current Use

Multifamily properties

Suggested Use

Top Pick Parking Lot & Garage Grocery & Convenience Store (Bike/Boat/Book/etc) Store Carpet & Flooring Store Furniture & Home Goods Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,121
Businesses Nearby

Demographics for 53105, WI

29,654
Population
12,995
Households
2.3
Avg Household Size
44
Median Age
28%
College-Educated
94%
High-School Grad
159.5 sq mi
ZIP Area
186
Density / Sq Mi
$88,798
Median Household Income
$48,254
Median Earnings
$1,029
Median Rent
$295,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - Residentially zoned property on a compact urban lot.
Where is this multifamily property located?
The property is located at 248 W Chestnut St Burlington, WI.
What is the asking price?
The asking price for this property is $369,000.
What are key features of this property?
This property features: 0.16‑acre lot; RES zoning; Built in 1900
More about this property
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