''Rare opportunity to own two solid brick apartment buildings totaling 16 units in a prime Hwy 11 location. The property includes eight 2-bedroom and eight 1-bedroom units, with updates in six of the 2-bedrooms and five of the 1-bedrooms. These updated units feature modern appliances, granite countertops, new lighting packages, and refreshed bathrooms. Each unit is equipped with in-unit air conditioning for added tenant comfort. Convenient laundry facilities are located within the 2-bedroom building. With a high-demand location and appealing amenities, this property is a solid investment choice.
Active
$1,950,000
3111 Wheelock DRIVE, Racine, WI 53405
--beds
--baths
--sqft
:
Get pre-qualified$14,222/mo
Multi Family, Apartment
Built in 1962
-- sqft lot
$1,779,600 Zestimate®
$--/sqft
$-- HOA
What's special
Modern appliancesNew lighting packagesUpdated unitsConvenient laundry facilitiesIn-unit air conditioningGranite countertopsRefreshed bathrooms
- 110 days |
- 131 |
- 4 |
Zillow last checked:
Listing updated:
Listed by:
Karen Sorenson office@remaxnewport.com,
RE/MAX Newport
Source: WIREX MLS,MLS#: 1956743
Originating MLS: Metro MLS
Originating MLS: Metro MLSFacts & features
Interior
Heating
- Natural Gas, Forced Air, Individual Heating Units
Cooling
- Individual Heating Units, Wall/Sleeve Air
Appliances
- Included: Dryer, Washer
Features
- Basement: Laundry Facilities
- Has fireplace: No
Property
Parking
- Parking features: Outdoor Space, Inside Parking, Outside
Lot
- Size: 0.54 Acres
Details
- Additional parcels included: 23871005
- Parcel number: 23871001
- Zoning: R4
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family, Apartment
Materials
- Brick/Stone, Brick
Condition
- 21+ Years
- New construction: No
- Year built: 1962
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Racine
- Municipality: Racine
Financial & listing details
- Tax assessed value: $670,000
- Annual tax amount: $30,217
- Date on market: 4/8/2026
Estimated market value
$1,779,600
$1.67M - $1.87M
$1,172/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/8/2026 | Listed for sale | $1,950,000-15.2% |
Source:  WIREX MLS #1956743 Report a problem | ||
| 4/8/2026 | Listing removed | $2,300,000 |
Source: WIREX MLS #1897298 Report a problem | ||
| 10/25/2024 | Listed for sale | $2,300,000+462.3% |
Source: WIREX MLS #1897298 Report a problem | ||
| 5/1/2019 | Sold | $409,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $16,115 +29% | $670,000 +29.1% |
| 2024 | $12,493 +9.1% | $519,000 +15.1% |
| 2023 | $11,451 +14.3% | $451,000 +15.1% |
| 2022 | $10,016 -2.8% | $392,000 +9.5% |
| 2021 | $10,303 -1.5% | $358,000 |
| 2020 | $10,460 +9.2% | $358,000 +5% |
| 2019 | $9,575 +1.6% | $341,000 +6.9% |
| 2018 | $9,422 -3.8% | $319,000 |
| 2017 | $9,796 +2% | $319,000 |
| 2016 | $9,606 | $319,000 |
| 2015 | $9,606 | $319,000 |
| 2014 | $9,606 | $319,000 |
| 2013 | $9,606 | $319,000 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 53405
Nearby schools
GreatSchools rating
- 2/10Jones Elementary SchoolGrades: PK-5Distance: 0.8 mi
- 5/10Park High SchoolGrades: 7-12Distance: 1.7 mi
Schools provided by the listing agent
- Elementary: Mitchell
- Middle: Mitchell
- High: Park
- District: Racine
Source: WIREX MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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A local agent can set up tours, give advice and negotiate with sellers.
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