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Listing provided courtesy of Land-Quest Realty, LLCMetro MLS- MLS# 1967764MLS Provider

900 State StRacine, WI 53404

Multi-Family · 0.67 Acres
$1,100,000 Active

900 State St Overview

Time on Site:
12 days
Visits:
2

For over 120 years, this iconic corner building has commanded State Street in its signature patina copper facade. The Lincoln Block delivers serious income potential wrapped in irreplaceable historic character -- 6 first-floor office/retail storefronts (~2,000 SF each) and 9 second-floor apartments across 3 separate parcels sold as one including a 4th parcel that is a vacant lot! 24+ paved parking spaces, additional vacant parcel to the north included for future development. Steps from Racine's revitalized downtown, Root River Harbor, and Lake Michigan. Racine's revival is underway! Don't miss this rare opportunity!

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900 State St Facts & Features

  • Type Multi-Family
  • Lot 0.67 Acres

Details

General

School Information

  • School District: Racine Unified
  • Elementary School: Julian Thomas
  • Middle Or Junior School: Jerstad-Agerholm
  • High School: Horlick

Income/Expenses

  • Gross Scheduled Income: 177780
  • Net Operating Income: 86637
  • Operating Expense: 77082.21

Building Information

  • Year Built: 1896

Location/Region

  • County Or Parish: Racine
  • Postal City: Racine

General Information

  • Parcel Number: 02814000
  • Property Sub Type: Multi-Family
  • Property Type: Multi-Family

Interior

Beds/Baths

  • Bathrooms Total: 0

General Information

  • Basement: None

Exterior

Parking Information

  • Parking Features: None

Lot Information

  • Additional Parcels Description: 02813000
  • Lot Size Acres: 0.67
  • Lot Size Area: 0.67
  • Lot Size Square Feet: 29185.2
  • Lot Size Units: Acres

Building Exterior/Construction

  • Attached Garage: false
  • Construction Materials: Brick

General Information

  • Sewer: Municipal Sewer

900 State St Neighborhood

Community

53404 (Racine) Demographics

30
Median Age
3,015
Population Density (per sq. mile)
19%
College Educated
$36,224
Estimated Median Income
2,385
Estimated Total Home Owners
3,002
Estimated Total Renters
44% / 56%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

900 State St Monthly Cost

$
$ %
%
$
$
Randall Fowlkes
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

900 State St Market Data

Based on the last 30 days in this zip code

$293,406
Average List Price
$177
Average Price per Square Foot
8
Properties Sold
33
Average Days on Market
16
Properties for Sale
Calculations provided by Reliance Network

900 State St History

Date Event Value Agent
6/17/2026Source: Metro MLS Added to Database
June 17, 2026