Property profile

7507 41st Ave Kenosha, WI 53142

OFF-MARKET
Commercial real estate
Property ID
US92-1090683
4,500 SF 0.21 ac lot Built 1984
Entity Owned 4-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional Kenosha, WI office space, located within the vibrant Mission Village Center at 7507 41st Ave, offers flexible suites ranging from 1,000 to 3,500 square feet. Part of a larger strip center, this Class A property boasts a prime location along heavily trafficked Hwy 50 (75th Street), just five miles from I-94 and minutes from the Illinois border. The 5,417 square foot, multi-level building features a mezzanine and lower level, with 8-foot ceilings and a central heating system. Benefit from strong visibility and convenient access, with impressive daily traffic counts exceeding 25,600 vehicles. This in-line retail space enjoys a strong tenant mix, including co-anchor BMO Bank, Starbucks, Dunkin' Donuts, Play It Again Sports, and McDonald's. The property sits within a thriving area, boasting over 84,000 residents and 29,000 daytime employees within a three-mile radius. Major monument signage is available. The building was constructed in 1985 and sits on 0.83 acres of land. The property is suitable for traditional, medical, or creative office uses. Lease rates exclude utilities, property expenses, and building services. The space is fully built out as standard retail space.

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1984
Total area 4,500 SF
Lot 0.21 ac (9,148 SF)
Zoning code B-2
APN 03-122-11-102-016
UPID US92-1090683

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Department Store

Location

7507 41st Ave Kenosha, WI 53142-4368
Kenosha metro Census 2400 CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$275k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$250k

Owner & transaction history

since 2022
Last sale
$357,500
3 recorded transactions
2022
$357,500
2007
Price N/A
1969
Price N/A

Zoning & alternative use

B-2 · Kenosha, WI
Zoning description

3.14 B-2 COMMUNITY BUSINESS DISTRICT The primary purpose and characteristics of the B-2 Community Business District are intended to accommodate the needs of a larger consumer population than is served by the B-1 Neighbor…

General category COMMERCIAL

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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