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Financial
Distress signals
Property profile

2421 Geneva St Racine, WI 53402

FOR SALE
Investment properties
Property ID
US92-0156882
6,039 SF 0.18 ac lot Built 1930
Last sale May 2025 · $435,000
Individually Owned Owner of record is an individual. 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional investment opportunity in Racine, Wisconsin presents a remarkable chance to acquire a thriving commercial property at 2421 Geneva Street. The building boasts 6,039 square feet situated on a 0.18-acre lot. The property comprises three fully occupied commercial storefronts, generating immediate rental income, and four one-bedroom apartments, also fully occupied. Current rental rates are below market value, presenting a significant opportunity to increase profitability. 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. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$8k
Tax billed · 2023
Assessed value$287k
Assessed land$28k
Assessed improvement$259k
Effective rate2.95%

Value estimate

· Oct 2026
$235k
$212k – $259k

Realmo valuation models over county records and 15 qualifying comparable sales.

Recently sold

What actually traded nearby?
$84/SF
ZIP average, outlier-cleaned · 50 recorded sales of this use type
Observed band · Q1–Q3$45 – $176
Qualifying comparables15

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?
B1
JurisdictionRACINE

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm28.1
Realty agency21.8
Spa & Massage17.1

Location

2421 Geneva St Racine, WI 53402
County assessor Recorded deeds · 2 transfers 15 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
1300 Douglas, Racine, WI 53402-5017 $77,000 Oct 2024 6,015 SF
632 High, Racine, WI 53402-4874 $350,000 Aug 2024 8,000 SF
605 High, Racine, WI 53402-4842 $40,000 May 2024 5,014 SF
501 High, Racine, WI 53402-4880 $157,600 Jun 2022 5,454 SF
622 High, Racine, WI 53402-4881 $195,000 Mar 2022 5,778 SF
1659 Main, Racine, WI 53402-4926 $142,000 Jun 2021 4,978 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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