Active

Price cut: $5K (5/14)

$414,900

1116 Grove AVENUE #1118, Racine, WI 53405

--beds

--baths

--sqft

Est.: Get pre-qualified

Multi Family, Apartment

Built in 1969

-- sqft lot

$409,700 Zestimate^®

$--/sqft

$-- HOA

What's special

Centrally located property with 2 apartments up and 2 retail business spaces below. Potential income from all 4 in excess of $4700/month. Currently a barber shop and a beauty shop on first floor and 2 apartments on 2nd floor. Potential for retail business or insurance agency or ??? Roof is 2 years old with a 20-year transferrable warranty, materials and labor. Ample parking on side and rear of building. Show south side upper and lower immediately. North side upper and lower are occupied and require 24 hrs. notice. Lower left unit is vacant, listed MLS #1939695. Let the tenants pay the mortgage. POSITIVE CASH FLOW!$!$

54 days

188

11

Tour with a local agent

Facts & features

Interior

Heating

Electric, Natural Gas, Central Air, Individual Heating Units

Cooling

Central Air, Individual Heating Units, Wall/Sleeve Air

Appliances

Included: Seller Leased: Dryer, Seller Leased: Washer, Dryer, Washer

Features

Basement: None / Slab
Has fireplace: No

Property

Parking

Parking features: Outdoor Space, Inside Parking, Outside

Lot

Size: 4,791 Square Feet

Details

Parcel number: 12769000
Zoning: mixed-use

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family, Apartment

Materials

Brick/Stone, Brick, Aluminum Trim, Wood Siding

Condition

21+ Years
New construction: No
Year built: 1969

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Location

Region: Racine
Municipality: Racine

Financial & listing details

Annual tax amount: $7,533
Date on market: 4/8/2026
Inclusions: In Both Upper Appts: Refrigerator, Oven/Range, Microwave. In 1118 1/2 Window A/C Unit, Bookshelves, Bar. In Both Lower Business Units, All Barbershop Equipment, Sinks, Chairs, Waiting Room Furniture.
Exclusions: Seller's And Tenants' Personal Property

Estimated market value

$409,700

$389,000 - $430,000

$1,403/mo

Price history

Date	Event	Price
5/14/2026	Price change	$414,900-1.2%
Source: WIREX MLS #1956721 Report a problem
4/8/2026	Listed for sale	$419,900
Source: WIREX MLS #1956721 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

Payment breakdown

Explore the cost of this home by adjusting the details. Changes won't be saved.

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

See how much you could borrow to make a competitive offer.

Get pre-qualified