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
Entity Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

The property is a commercial space totaling approximately 2,000 square feet, suited for office or retail use, located in downtown Racine, Wisconsin. It occupies a corner position, which provides street-facing presence. The interior layout includes five large offices, a kitchen area, and separate men’s and women’s bathrooms. The property is designated under zoning classification B4.

Property profile

Verified
Property type Other investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1890
Total area 6,048 SF
Lot 0.05 ac (2,004 SF)
Zoning code B4
APN 276 000000082000
UPID US92-0890679

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

244 Main St Racine, WI 53403
Racine metro Census 2900 RACINE, WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$175k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$215k

Owner & transaction history

since 2025
Last sale
$205,000
6 recorded transactions
2025
Price N/A
2025
$875,000
2023
$125,000
2021
Price N/A
2016
Price N/A
2016
$205,000

Zoning & alternative use

B4 · Racine, WI

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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