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    Property profile & analytics

    1201 Main St Racine, WI 53402-4963

    • Bars
    • 3,774 SF
    • 0.13 lot acres
    OFF-MARKET
    Value Estimation
    $295,000
    Last Sale
    Nov 10, 2022
    Location Intelligence
    Property ID
    US92-1231580
    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

    • Gibby's BBQ at George's Encore / Barbecue Restaurant
    • George's Encore / Bar / Live Music Venue
    • George's Food and Spirits / Live Music Venue / Bar

    Property Details for 1201 Main St

    Year built
    1922
    Lot size
    0.13 lot acres
    Property size
    3,774 SF
    Zone code
    B2
    Property type
    Bars
    Property subtype
    Pubs
    APN
    276 000002446000
    APU
    276000002446000

    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
    -87.7844
    Latitude
    42.7357
    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
    $5,957
    $49,000
    $171,000
    $220,000
    -
    $54,267
    $189,381
    $243,648

    Comparable in this City

    • Value Estimation
      $180,000
      3,615 SF

      1300 Michigan Blvd

      BAR, TAVERN • 3,615 SF
      1300 Michigan Blvd, Racine, WI 53402-4970
      View Details
    • Value Estimation
      $185,000
      1,526 SF

      2515 Douglas Ave

      BAR, TAVERN • 1,526 SF
      2515 Douglas Ave, Racine, WI 53402-4315
      View Details
    • Value Estimation
      $90,000
      778 SF

      3101 Douglas Ave

      BAR, TAVERN • 778 SF
      3101 Douglas Ave, Racine, WI 53402-3913
      View Details
    • Value Estimation
      $230,000
      943 SF

      1300 Main St

      BAR, TAVERN • 943 SF
      1300 Main St, Racine, WI 53402-4966
      View Details
    • Value Estimation by Request
      11,832 SF

      3841-3845 Douglas Ave

      Neighborhood centers • 11,832 SF
      3841-3845 Douglas Ave, Racine, WI 53402
      View Details
    • Value Estimation
      $275,000
      4,613 SF

      3408 Douglas Ave

      RESTAURANT • 4,613 SF
      3408 Douglas Ave, Racine, WI 53402-3752
      View Details

    Similar Nearby for Sale

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      Unique Mixed-Use Property in Racine

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    • Contact for pricing
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      Retail Opportunity in Caledonia

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      Racine Mixed-Use Investment Opportunity

      Versatile property with spa, warehouse, and office spaces for sale.
      1318 N Main St, Racine, WI 53402
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    • $104,500
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      Residential Land in Desirable Subdivision

      Residential land for sale in a well-maintained, desirable subdivision.
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      Racine Vacant Commercial Land

      Commercially zoned land in Caledonia with high traffic visibility.
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    Similar Nearby for Lease

    • $15 SF/Yr
      91,381 SF

      Shorecrest Shopping Center: Racine, WI

      Prime Racine Retail Space Available Now
      3900 Erie St, Racine, WI 53402
      View Details
    • Contact for pricing
      78,011 SF

      Greentree Centre: Retail Space Available

      Racine, WI Strip Center; 1,800 SF Vacant
      5111-5141 Douglas Ave, Racine, WI 53402
      View Details
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    1201 Main St
    Racine, WI 53402-4963
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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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