16-Unit Brick Apartment
3111 Wheelock Dr, Racine, WI 53405
For Sale
$1,950,000
Racine, WI
Property SizeContact for details
Lot Size0.54 Acres
Days on Market219
Property Features for 3111 Wheelock Dr
General Information
Property type
Property subtype
Zoning
Elementary school
Middle school
High school
Elementary school district
Middle school district
High school district
Directions
Standard status
APN
Lot size
Taxes and HOA fees
Tax Year
Tax Annual Amount
Amenities
in-unit air conditioning
laundry facilities
Building Details
Year built
Listing Agency:
RE/MAX Newport · RE/MAX International
(262) 632-9990
Listed By:
Karen Sorenson · License WI #5678790
(262) 497-5021
Added: Apr 8
Changed: Oct 8
Last Checked: Nov 12 at 12:06AM
MLS# 1956743
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.
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Investment Insights
Based on property information with market context.
This multifamily property comprises two solid brick apartment buildings with 16 units in total. The unit mix includes eight 2-bedroom apartments and eight 1-bedroom apartments. Updates have been completed in six 2-bedroom units and five 1-bedroom units, including modern appliances, granite countertops, updated lighting, and refreshed bathrooms. Every apartment has in-unit air conditioning, while laundry facilities are located in the building containing the 2-bedroom units.
The property occupies 0.54 acres in Racine near Hwy 11 and is zoned R4. Built in 1962, the two-building configuration provides a defined residential layout with a balanced mix of one- and two-bedroom units.
The property occupies 0.54 acres in Racine near Hwy 11 and is zoned R4. Built in 1962, the two-building configuration provides a defined residential layout with a balanced mix of one- and two-bedroom units.
Key Highlights
- 16 total apartment units across two solid brick buildings
- Balanced mix of eight 2‑bedroom and eight 1‑bedroom units
- Updates completed in six 2‑bedroom and five 1‑bedroom units
Property Analytics
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Lease Details
16
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
434
Businesses Nearby
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Business Placement
Demographics for 53405, WI
25,561
Population
11,509
Households
2.2
Avg Household Size
39
Median Age
26%
College-Educated
90%
High-School Grad
6.6 sq mi
ZIP Area
3,873
Density / Sq Mi
$68,339
Median Household Income
$40,162
Median Earnings
$946
Median Rent
$173,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Apartment building - Two brick buildings offer updated apartments with in-unit air conditioning and on-site laundry.
Where is this apartment building located?
The property is located at 3111 Wheelock Dr Racine, WI.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: 16 total apartment units across two solid brick buildings; Balanced mix of eight 2‑bedroom and eight 1‑bedroom units; Updates completed in six 2‑bedroom and five 1‑bedroom units
