3111 Wheelock Drive

Racine, WI 53405

$2,300,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

''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....''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.
  1. Listed by Karen Sorenson • RE/MAX Newport • office@newportelite.com

Property Details for 3111 Wheelock Drive

Zoning
R4
Municipal Code
Racine
LISTING UPDATED: 10/28/2024 08:59 AM

Property Details for 3111 Wheelock Drive

StatusActive
MLS #1897298
Days on Market6
Taxes$21,534 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Apartment Building
Year Built1962
CountyRacine County

Building Information for 3111 Wheelock Drive

Building/Complex3111 Wheelock DrFloor-Stories-Residences16Pet Policy-Year Built1962Building Size-

Property Information for 3111 Wheelock Drive

Summary
Location and General Information
  • FEMA 100 Yr Flood Plain: No
  • State: Wisconsin
  • County: Racine
  • Zip Code: 53405
  • Geo Lat: 42.695407
  • Geo Lon: -87.820132
  • Agent Remarks: Hwy 11 (Durand) east to Wheelock south to property on East side of street
Taxes and HOA Information
  • Taxes: $21,534.27
  • Tax Year: 2023
School Information
  • School District: Racine Unified
  • High School: Park
  • Middle School: Mitchell
  • Elementary School: Mitchell
Parking
  • Garage Parking: Near Public Transit, Outdoor Space
  • Parking Inside: 0.0
  • Parking Outside: 10.0
Property
Lot Information
  • Year Built Numeric: 1962
  • Acres Source: Public Records
  • Source Est Yr Built: Public Records
  • Approx Acreage: 0.54
  • Type: Apartment Building
Property and Assessments
  • Property Type: D
Utilities
  • Water/Waste: Municipal Sewer, Municipal Water
Interior and Exterior Features
Exterior Features
  • Exterior: Brick
Interior Features
  • Basement Features: Laundry Facilities
  • Heating/Cooling: Forced Air, Indiv. Heating Units, Natural Gas, Wall/Sleeve Air
Multi Family
Multi-Family Information
  • Total Units: 16
  • # of Stories: 1-2 Stories
Unit 1
  • Unit Info: # Of Units Type #1: 8.0
  • 1st Type Unit: 1 Bath, 2 Bedrooms, Air Conditioning, Dishwasher, Living Room, Range/Oven, Refrigerator
  • Estimated SqFt #1: 751-1000
Unit 2
  • Unit Info: # Of Units Type #2: 8.0
  • 2nd Type Unit: 1 Bath, 1 Bedroom, Air Conditioning, Cable TV Available, Dishwasher, Living Room, Range/Oven, Refrigerator
  • Estimated SqFt #2: 750 or less

Property History for 3111 Wheelock Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 3111 Wheelock Drive

Taxable ValueLand$29,700Additions$421,300Total$451,000
Tax Record2023$11,451 ($954 / month)
Home Facts
Baths8Total Finished SqFt6,528 SqFtAbove Grade Finished SqFt6,528 SqFtStories2Lot Size10,629 SqFtStyleMiscellaneous CommercialYear Built1962ZoningR4CountyRACINEAPN276 000023871001

Schools near 3111 Wheelock Drive

This home is within Racine Unified School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Johnson Elementary School
PublicPK to 5

Mitchell Middle School
Public6 to 8

Park High School
Public9 to 12

Jones Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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3111 Wheelock Drive is a multi-family home for sale in Racine, WI 53405. This property was listed for sale on October 25, 2024 by RE/MAX Newport, it's currently listed at $2,300,000. This listing's school district is Racine Unified School District. Nearby schools include Johnson Elementary School, Mitchell Middle School and Park High School. 3111 Wheelock Drive is a 0-bed, 0-bath, multi-family home built in 1962.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX Newport

Based on information from one of the following Multiple Listing Services: Metro Multiple Listing Service (Metro MLS), REALTORS Association of Northeast Wisconsin. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Metro Multiple Listing Service (Metro MLS), REALTORS Association of Northeast Wisconsin is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Data last updated on 10/28/2024 08:59 AM Listing presented by Compass RE WI-Tosa. Information is supplied by seller and other third parties and has not been verified. Copyright 2024 – WiREx. – All Rights Reserved