Listed by Dan Pederson • RE/MAX Newport. Bought with RE/MAX Newport.
Off market jun 2023 for $310K
—
Est. refi paymentEst. refi$2,059/mo
—
bd
•
1 ba
•
6,530
sq ft
1232 Summit Ave, Racine, WI 53404
About this home
Public Remarks: Opportunity knocks! Attention group homes, motorcycle clubs, churches, landlords! Three homes and a 4-family can become a compound or money maker. Much has been done by 2 previous owners. Much remains to be done, but the rewards will be worth it. No pending work orders. Rents could total $2000 to $3000 a month. Huge lot, room for lots of parking.
Multi-familyProperty Type
1885Year Built
0.82 acresLot Size
$47Price/Sq.Ft.
Listed by Dan Pederson• RE/MAX Newport
Bought with Dan Pederson• RE/MAX Newport
Source:MetroMLS as distributed by WIREX #1230743
Redfin Estimate
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Opportunity knocks! Attention group homes, motorcycle clubs, churches, landlords! Three homes and a 4-family can become a compound or money maker. Much has been done by 2 previous owners. Much remains to be done, but the rewards will be worth it. No pending work orders. Rents could total $2000 to $3000 a month. Huge lot, room for lots of parking.
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
R-3
Limited General Residence District
The R3 limited general residence district is intended to provide areas which are to be occupied substantially by single-family and two-family dwellings and attached dwellings. It is designed to accommodate limited apartment dwellings while maintaining a low density owner-occupancy character.
Permitted uses
Include but are not limited to:
Community / recreation center
Religious facility
Day care facility
Housing-Group
Housing-Single unit
Housing-Multiple units
Educational/school
Recreation
Golf related
Park & open space
Property details
Interior
Bathroom Information
# of Full Baths: 1
Exterior
Exterior Information
Building Style Type: Old
Exterior Wall: Asphalt Siding
Building Type: Residential
Property Information
Living Sq. Ft: 6,530
# of Stories: 2
Legal Description: N 1/2 SECTION 8-3-23 PT DESC VOL 665 DEEDS PG 305, N OF HAMILTON ST, S OF ALBERT ST, E OF STATE ST + W OF SUMMIT AVE 1909 + 1911 W HUBBARD ST
Lot Information
# of Buildings: 1
Land Sq. Ft: 35,806
Acres: 0.822
Zoning Code: R3
County Use Description: APARTMENT 5-7 UNIT
Financial
Assessor Information
Assessment Year: 2025
Public facts
Beds: —
Baths: 1.0
Sq. Ft.: 6,530
Stories: 2.0
Lot Size: 0.82 acres
Style: Multi-Family (5+ Unit)
Year Built: 1885
Year Renovated: —
County: Racine County
APN: 08304003
Home facts updated by county records on Sep 8, 2026
Around this home
Schools
Julian Thomas Elementary School
Public PreK-5 • Assigned • 0.6mi
4/10
Jerstad-Agerholm Elementary School
Public PreK-8 • Assigned • 2.1mi
1/10
Horlick High School
Public 9-12 • Assigned • 0.8mi
3/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
2/10 Heat Factor
7 days above 95° expected this year, 13 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
3/10 Air Factor
3 unhealthy days expected this year, 3 days in 30 years
Provided by First Street
Historical weather
Racine, WI • 53404
Average low and high temperatures (°F)
28
14
36
21
49
32
56
39
62
47
76
61
82
67
77
63
72
57
62
50
49
37
34
22
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 10.1 hours in
June and 3.3 hours in December, placing it below the
U.S. average for solar exposure.