Financial
Distress signals
Property profile

524 Main St Racine, WI 53403

OFF-MARKET
Commercial real estate
Property ID
US92-0916907
27,600 SF 0.22 ac lot Built 1902
Last sale Oct 2018 · $413,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 7-yr Hold Held for 7 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This 408-square-foot traditional office space is ideally situated in downtown Racine, Wisconsin, at 524 Main Street, Unit 106. The single-tenant unit boasts large retail windows overlooking a common hallway, providing excellent visibility. All utilities are included in the monthly rent of $595, making budgeting simple. Ample street parking is readily available for both tenants and clients. The building offers convenient amenities such as common hallway restrooms, forced-air heating and

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?
$16k
Tax billed · 2023
Assessed value$457k
Assessed land$77k
Assessed improvement$380k
Effective rate3.45%

Value estimate

· Sep 2026
$480k
$432k – $528k
AI approach$480k
Submarket $/SF estimate$757k

Realmo valuation models over county records and 3 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 comparables3

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?
B4
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
Tailor Shop9.4
Furniture Store9.2

Location

524 Main St Racine, WI 53403
County assessor Recorded deeds · 2 transfers 3 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
1024 Main, Racine, WI 53403-1576 $6,000,000 Dec 2025 33,859 SF
816 6th, Racine, WI 53403 $230,000 Jun 2025 16,400 SF
1915 Washington, Racine, WI 53403-2065 $1,360,000 Oct 2024 12,800 SF
1413 13th, Racine, WI 53403-2032 $240,000 Aug 2024 9,488 SF
2000 Washington, Racine, WI 53403-2173 $425,000 Aug 2024 27,028 SF
1301 Memorial, Racine, WI 53403-2025 $675,000 May 2024 26,560 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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