Lakeside Towers Senior
For Sale
Contact for pricing
5800 3rd Avenue, Kenosha, WI 53140
Fully stabilized, elderly designated, 182-unit Section 8 property.
Property Size147,040 SF
Days on Market268
Property Features for 5800 3rd Avenue
General Information
Standard status
Active
Size
147,040 SF
Property subtype
Multifamily
Building Details
Building Size
147,040 SF
Year Built
1980
Listing Agency:
(773) 251-7342
Listed By:
Reid Bennett, CCIM
(773) 251-7342
Source:
Svnchicago
Added: Nov 21, 2025
Changed: Aug 8
Last Checked: Aug 16 at 3:33AM
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 Reid Bennett, CCIM
Investment Insights
Based on property information with market context.
Lakeside Towers is a fully stabilized, elderly designated, 100% project-based Section 8 property, offering a rare acquisition opportunity. Situated on the shore of Lake Michigan in downtown Kenosha, this 10-story senior housing tower comprises 182 units. The property benefits from a prime location with lakefront views and strong community amenities. A long-term HUD HAP contract is in place through March 2030. Recent property improvements include lobby remodeling and boiler replacement, totaling over $400,000. Lakeside Towers is located between Lake Michigan and downtown Kenosha. The property is located in a Qualified Census Tract for Low Income Housing Tax Credit rehabilitation. The property has a size of 147040 square feet.
Key Highlights
- 100% Project‑Based Section 8 Property with Long‑Term HUD HAP Contract in place through March 2030, ensuring steady, federally subsidized income.
- Prime lakefront location in downtown Kenosha with desirable lake views.
- Elderly designated housing catering to a specific demographic with consistent demand.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,316
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 Multifamily in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - Fully stabilized, elderly designated, 182-unit Section 8 property.
Where is this apartment building located?
The property is located at 5800 3rd Avenue Kenosha, WI.
What are key features of this property?
This property features: 100% Project‑Based Section 8 Property with Long‑Term HUD HAP Contract in place through March 2030, ensuring steady, federally subsidized income.; Prime lakefront location in downtown Kenosha with desirable lake views.; Elderly designated housing catering to a specific demographic with consistent demand.
