Mixed-Use Property with
For Sale
$495,000
6103 23rd Ave, Kenosha, WI 53143
Y, Kenosha, WI
Property Size1,976 SF
Lot Size0.16 Acres
Price / SF$250.51
Days on Market144
Property Features for 6103 23rd Ave
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
B2
Directions
East on Roosevelt Rd to 23rd Ave, then north to property.
Standard status
Active
APN
0112201108002
Size
1,976 SF
Lot size
0.16 Acres
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
2374
Building Details
Year built
1903
Architectural style
Other
Listing Agency:
EXP Realty, LLC~MKE
(866) 848-6990
Listed By:
Jorge Barquero · License #60064-94
(262) 344-9776
Added: May 15
Changed: Sep 29
Last Checked: Oct 5 at 2:06PM
MLS# 1962817
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 1,976-square-foot mixed-use building, constructed in 1903, places a beauty salon on the main level and a three-bedroom apartment above. The salon business and its equipment are excluded from the sale, while the building and land are included.
The offering includes the 0.16-acre parcel beneath the building plus an adjacent lot. Together, the parcels provide private parking and additional outdoor space. The property is located in Kenosha, Wisconsin, and carries B2 zoning.
The offering includes the 0.16-acre parcel beneath the building plus an adjacent lot. Together, the parcels provide private parking and additional outdoor space. The property is located in Kenosha, Wisconsin, and carries B2 zoning.
Key Highlights
- 1,976‑square‑foot mixed‑use building constructed in 1903
- Main level configured for a beauty salon; business and equipment excluded
- Upstairs apartment with 3 bedrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,542
Cap Rate
4.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$490,840
$490.8K
Cap Rate 7%
$350,600
$350.6K
Cap Rate 9%
$272,689
$272.7K
Market Conditions
NOI Build-Up for 1,976 SF
Gross rent
$42.7K $21.60/SF
− Vacancy
−$3.4K −$1.73/SF
EGI
$39.3K $19.87/SF
− OpEx
−$14.7K −$7.45/SF
NOI
$24.5K $12.42/SF
Area
Kenosha County, WI
Vacancy
8.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$490,840
Cap Rate 7%
$350,600
Cap Rate 9%
$272,689
Alternative Uses
Best Use
Mixed Use
$350.6K
$306.8K – $409.0K
NOI $24,542 @ 7.0% cap · market cap 4.96%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$2.30M
$2.01M – $2.68M
NOI $161,036 @ 7.0% cap · market cap 32.53%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
841
Businesses Nearby
Explore this area
Business Placement
Demographics for 53143, WI
22,702
Population
9,118
Households
2.5
Avg Household Size
36
Median Age
23%
College-Educated
87%
High-School Grad
4.1 sq mi
ZIP Area
5,537
Density / Sq Mi
$67,105
Median Household Income
$40,276
Median Earnings
$1,157
Median Rent
$186,600
Median Home Value
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Two-level building combines salon space with an upstairs three-bedroom apartment.
Where is this mixed-use property located?
The property is located at 6103 23rd Ave Kenosha, WI.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: 1,976‑square‑foot mixed‑use building constructed in 1903; Main level configured for a beauty salon; business and equipment excluded; Upstairs apartment with 3 bedrooms
