Financial
Distress signals
Property profile

244 Main St Racine, WI 53403

OFF-MARKET
Other investment properties
Property ID
US92-0890679
6,048 SF 0.05 ac lot Built 1890
Last sale Jul 2025 · $875,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Approximately 2,000 square feet of executive office space is located in downtown Racine and is configured as a corner suite with street-facing presence. The interior layout includes five large private offices, a kitchen, and men’s and women’s bathrooms, supporting professional office use with multiple dedicated work areas served by shared amenities and restroom facilities.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$6k
Tax billed · 2023
Assessed value$215k
Assessed land$16k
Assessed improvement$199k
Effective rate2.71%

Value estimate

· Sep 2026
$215k
$194k – $237k
AI approach$175k

Realmo valuation models over county records and 27 qualifying comparable sales.

Recently sold

What actually traded nearby?
$57/SF
ZIP average, outlier-cleaned · 107 recorded sales of this use type
Observed band · Q1–Q3$27 – $87
Qualifying comparables27

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
B4
JurisdictionRACINE

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office12.4
Tailor Shop9.7
Acupuncture9.0

Location

244 Main St Racine, WI 53403
County assessor Recorded deeds · 6 transfers 27 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
328 Main, Racine, WI 53403-1011 $605,000 Jun 2025 8,229 SF
419 6th, Racine, WI 53403-1217 $250,000 May 2024 4,660 SF
1351 Washington, Racine, WI 53403-1767 $208,000 Aug 2023 6,400 SF
611 Wisconsin, Racine, WI 53403-1260 $495,000 Jul 2023 5,450 SF
246 Main, Racine, WI 53403-1028 $205,000 Apr 2023 7,392 SF
610 College, Racine, WI 53403-1243 $1,400,000 Aug 2022 7,200 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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