Office Loft with Private
For Sale
Contact for pricing
625 57th Street, Kenosha, WI 53140
Historic bank building space includes conference areas, a breakroom, and elevator access.
Property Size4,500 SF
Price / SF$1.33
Days on Market32
Property Features for 625 57th Street
General Information
Standard status
Active
Size
4,500 SF
Elevators
Yes
Additional Details
Property Use
Office
Taxes and HOA fees
Annual Taxes
$54,521
Listing Agency:
Trecroci Realty 2
Listed By:
Benjamin Trecroci
(262) 237-0305
Source:
Exprealty
Added: Sep 29
Changed: Oct 28
Last Checked: Oct 28 at 2:53PM
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 Trecroci Realty 2
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Investment Insights
Based on property information with market context.
Office space in the former Kenosha National Bank building features an open layout with seven private offices, a private conference room, and a separate open conference area. Wood flooring and exposed ceilings contribute to the loft configuration, while LED lighting, three bathrooms, a copy room, and a breakroom serve the suite. Two elevators and a stairwell provide access.
The space offers views of Lake Michigan and the city of Kenosha. The available area is 4,500 square feet, with availability beginning in November 2026. A five-year lease is preferred, with a 2.75% annual escalation. The tenant pays gas and electricity.
The space offers views of Lake Michigan and the city of Kenosha. The available area is 4,500 square feet, with availability beginning in November 2026. A five-year lease is preferred, with a 2.75% annual escalation. The tenant pays gas and electricity.
Key Highlights
- 4,500 square feet available in November 2026
- Seven private offices and two conference areas
- Three bathrooms, copy room, and breakroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$56,629
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,132,580
$1.1M
Cap Rate 7%
$808,986
$809.0K
Cap Rate 9%
$629,211
$629.2K
Market Conditions
NOI Build-Up for 4,500 SF
Gross rent
$94.5K $21.00/SF
− Vacancy
−$19.0K −$4.22/SF
EGI
$75.5K $16.78/SF
− OpEx
−$18.9K −$4.19/SF
NOI
$56.6K $12.58/SF
Area
Kenosha County, WI
Vacancy
20.10%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,132,580
Cap Rate 7%
$808,986
Cap Rate 9%
$629,211
Alternative Uses
Best Use
Office B
$809.0K
$707.9K – $943.8K
NOI $56,629 @ 7.0% cap · market cap 943.82%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$5.24M
$4.58M – $6.11M
NOI $366,732 @ 7.0% cap · market cap 6,112.20%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,451
Businesses Nearby
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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
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office unit - Historic bank building space includes conference areas, a breakroom, and elevator access.
Where is this office unit located?
The property is located at 625 57th Street Kenosha, WI.
What are key features of this property?
This property features: 4,500 square feet available in November 2026; Seven private offices and two conference areas; Three bathrooms, copy room, and breakroom
