Financial
Distress signals
Property profile

1108 Wisconsin Ave Racine, WI 53403

OFF-MARKET
Other commercial real estate
Property ID
US92-0090705
5,325 SF 0.11 ac lot Built 1929
Last sale Oct 2024 · $550,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This eight-unit brick apartment building, located at 1108 Wisconsin Avenue in Racine, was constructed in 1929 and contains 5,325 square feet. The building is configured with eight one-bedroom, one-bath units, each including an oven and refrigerator and providing dedicated basement storage. Residents share a coin-operated laundry area, and parking is available on the street. Utilities are separately metered for each apartment, with gas and electric services individually metered per unit. The

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?
$11k
Tax billed · 2023
Assessed value$415k
Assessed land$19k
Assessed improvement$396k
Effective rate2.54%

Value estimate

· Sep 2026
$550k
$495k – $605k
AI approach$550k
Submarket $/SF estimate$462k

Realmo valuation models over county records and 22 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 comparables22

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?
R4
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 Office10.8
Laundry Service10.3
Furniture Store9.4

Location

1108 Wisconsin Ave Racine, WI 53403-1993
County assessor Recorded deeds · 2 transfers 22 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2504 Norwood, Racine, WI 53403-3870 $660,000 Dec 2025 8,000 SF
1900 Washington, Racine, WI 53403-2017 $7,200,000 Jun 2025 5,986 SF
612 17th, Racine, WI 53403-2744 $135,000 Apr 2025 3,477 SF
834 Park, Racine, WI 53403-1489 $390,000 Mar 2025 4,757 SF
500 Park, Racine, WI 53403-1229 $210,000 May 2024 4,126 SF
732 Park, Racine, WI 53403-1259 $225,000 Apr 2024 3,373 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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