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    Property profile & analytics

    1111 Washington Ave Racine, WI 53403-1763

    • Investment properties
    • 4,194 SF
    • 0.05 lot acres
    OFF-MARKET
    Value Estimation
    $180,000
    Location Intelligence
    Property ID
    US92-3439454
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • J Spott Bar / Bar

    Property Details for 1111 Washington Ave

    Year built
    1920
    Lot size
    0.05 lot acres
    Property size
    4,194 SF
    Zone code
    B3
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    276 000008635000
    APU
    276000008635000

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Racine
    County
    Racine
    State
    Wisconsin
    Longitude
    -87.7941
    Latitude
    42.7195
    CBSA code
    39540
    CBSA name
    RACINE, WI METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $3,117
    $3,900
    $76,100
    $80,000
    -
    $4,319
    $84,280
    $88,599

    Comparable in this City

    • Value Estimation by Request
      1,176 SF

      1710 Washington Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 1,176 SF
      1710 Washington Ave, Racine, WI 53403-2049
      View Details
    • Value Estimation
      $130,000
      2,400 SF

      218 6th St

      OFFICE/RESIDENTIAL (MIXED USE) • 2,400 SF
      218 6th St, Racine, WI 53403-1214
      View Details
    • Value Estimation
      $190,000
      2,200 SF

      1859 Taylor Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 2,200 SF
      1859 Taylor Ave, Racine, WI 53403-2476
      View Details
    • Value Estimation
      $290,000
      3,120 SF

      1300 Villa St

      OFFICE/RESIDENTIAL (MIXED USE) • 3,120 SF
      1300 Villa St, Racine, WI 53403-1857
      View Details
    • Value Estimation
      $290,000
      3,400 SF

      1330 Washington Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 3,400 SF
      1330 Washington Ave, Racine, WI 53403-1768
      View Details
    • Value Estimation
      $195,000
      2,982 SF

      1515 Washington Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 2,982 SF
      1515 Washington Ave, Racine, WI 53403-2044
      View Details

    Similar Nearby for Sale

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      Lake Avenue Office Building

      Historic Racine Office Space, Lake Views
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      Racine Industrial & Corporate HQ

      Prime industrial and corporate headquarters opportunity in Racine, Wisconsin.
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    • New
      $334,900
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    Similar Nearby for Lease

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      One Main Centre: Racine Office Space

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      1 Main St, Racine, WI 53403
      View Details
    • $15 SF/Yr
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      Commercial Flex Space Available

      3,500 sq ft flex space with climate control.
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      View Details
    • Contact for pricing
      27,160 SF

      Harborview Professional Building: Racine, WI

      Downtown Racine Office Space: Lake Michigan Views
      601 Lake Ave, Racine, WI 53403
      View Details
    • $10 SF/Yr
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      Prime Retail Space in Racine

      Versatile commercial space with parking, drive-in door, and basement.
      1610 Washington Ave, Racine, WI 53403
      View Details
    • $11 SF/Yr
      8,505 SF

      330 Main St.

      Coworking space • 8,505 SF
      330 Main St, Racine, WI 53403
      View Details
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    1111 Washington Ave
    Racine, WI 53403-1763
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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