Tom Gavin

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Listing provided courtesy of Smart Asset Realty IncMetro MLS- MLS# 1962309MLS Provider

920 Romayne Ave, 922/924Racine, WI 53402

Commercial · 3,215 Sq. ft. | 0.11 Acres
$399,900 Active

920 Romayne Ave, 922/924 Overview

Time on Site:
47 days
Visits:
17

Own this rare 5-unit property at 920-924 Romayne Ave! This 2-story, 3215 sq ft building (built 1926) features a high-visibility former salon commercial unit on the ground floor plus four residential apartments above. The commercial space is move-in ready -- perfect to reopen as a beauty salon, boutique, coffee shop, office, or new venture. The four apartments deliver steady rental income with classic charm and layouts tenants appreciate. Ideal for owner-users or investors! Live in one unit while the others (and commercial space) pay the bills, or lease everything for strong cash flow. Great location with easy access to amenities and major routes. Strong bones, versatile income streams, and endless potential. This turnkey Racine opportunity won't last long -- schedule your showing today

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920 Romayne Ave, 922/924 Facts & Features

  • Type Commercial
  • Sq. ft. 3,215
  • Price/Sq.ft. $124
  • Lot 0.11 Acres

Details

General

Income/Expenses

  • Gross Income: 49419
  • Gross Scheduled Income: 52020
  • Net Operating Income: 28967
  • Operating Expense: 20452
  • Operating Expense Includes: None

Building Information

  • Year Built: 1926

Location/Region

  • County Or Parish: Racine
  • Postal City: Racine

Tax Information

  • Tax Annual Amount: 5470.87
  • Tax Year: 2025

General Information

  • Exclusions: seller/tenant personal property
  • Inclusions: appliances in units
  • Parcel Number: 05525000
  • Property Sub Type: Commercial/Industrial
  • Property Type: Comm/Industrial
  • Zoning: R3

Interior

Beds/Baths

  • Bathrooms Total: 0

Building Interior

  • Building Area Total: 3215

General Information

  • Basement: Full
  • Building Features: Display Window,Rest Rooms,Living Space Avail,Handicap Equipped
  • Living Area Source: Public Records

Exterior

Parking Information

  • Parking Total: 0

Lot Information

  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 4791.6
  • Lot Size Units: Acres

Building Exterior/Construction

  • Construction Materials: Aluminum Siding,Brick,Vinyl
  • Roof: Composition

General Information

  • Road Frontage Type: Town/City Road,High Visibility,Near Public Transit
  • Sewer: Municipal Sewer

920 Romayne Ave, 922/924 Neighborhood

Community

53402 (Racine) Demographics

42
Median Age
1,330
Population Density (per sq. mile)
40%
College Educated
$60,829
Estimated Median Income
9,680
Estimated Total Home Owners
3,994
Estimated Total Renters
71% / 29%
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.
* 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.

920 Romayne Ave, 922/924 Market Data

Based on the last 30 days in this zip code

$417,726
Average List Price
$207
Average Price per Square Foot
35
Properties Sold
86
Average Days on Market
89
Properties for Sale
Calculations provided by Reliance Network

920 Romayne Ave, 922/924 History

Date Event Value Agent
5/13/2026Source: Metro MLS Added to Database
May 13, 2026