Listing provided courtesy of SNSHN Realty LLCMetro MLS- MLS# 1963398MLS Provider

573 W Lincoln Ave, 575Milwaukee, WI 53207

Commercial · 4,784 Sq. ft. | 0.09 Acres
$409,000 Active

573 W Lincoln Ave, 575 Overview

Time on Site:
41 days
Visits:
13

Located on a visible corner beside the basilica, this mixed-use building is fully leased through 2026 and brings in $3,965/month ($47,580/yr), with additional income from tenant paid water, gas, heat and electric. The street level commercial space is a spa that was recently remodeled with luxury vinyl plank flooring, modern paint, updated fixtures, and redesigned bathrooms. Upstairs, the two bed, two bath residences span two floors and pair impeccable original woodwork with large open kitchens, great natural light, and sweeping views of the basilica. This a solid, low-maintenance property with upside market rent potential!

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573 W Lincoln Ave, 575 Facts & Features

  • Type Commercial
  • Sq. ft. 4,784
  • Price/Sq.ft. $85
  • Lot 0.09 Acres

Details

General

Income/Expenses

  • Gross Income: 47580
  • Gross Scheduled Income: 47580
  • Net Operating Income: 28920
  • Operating Expense: 18660
  • Operating Expense Includes: Maintenance,Insurance,Property Management,Taxes-Pers Property,Utilities

Building Information

  • Year Built: 1912

Location/Region

  • County Or Parish: Milwaukee
  • Postal City: Milwaukee

Tax Information

  • Tax Annual Amount: 5608
  • Tax Year: 2025

General Information

  • Exclusions: Seller and tenant personal property
  • Inclusions: 2 refrigerators, 2 stove/ovens
  • Parcel Number: 4980104000
  • Property Sub Type: Commercial/Industrial
  • Property Type: Comm/Industrial
  • Zoning: LB2

Interior

Beds/Baths

  • Bathrooms Total: 0

Building Interior

  • Building Area Total: 4784

General Information

  • Basement: Full,Brick
  • Building Features: Rest Rooms
  • Living Area Source: Public Records

Exterior

Parking Information

  • Parking Total: 3

Lot Information

  • Lot Size Source: Public Records
  • Lot Size Square Feet: 3920.4
  • Lot Size Units: Acres

Building Exterior/Construction

  • Construction Materials: Brick
  • Roof: Composition

General Information

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

573 W Lincoln Ave, 575 Neighborhood

Community

53207 (Milwaukee) Demographics

36
Median Age
3,217
Population Density (per sq. mile)
48%
College Educated
$66,706
Estimated Median Income
9,483
Estimated Total Home Owners
6,988
Estimated Total Renters
58% / 42%
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.

573 W Lincoln Ave, 575 Monthly Cost

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* 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.

573 W Lincoln Ave, 575 Market Data

Based on the last 30 days in this zip code

$342,030
Average List Price
$238
Average Price per Square Foot
33
Properties Sold
41
Average Days on Market
82
Properties for Sale
Calculations provided by Reliance Network

573 W Lincoln Ave, 575 History

Date Event Value Agent
5/20/2026Source: Metro MLS Added to Database
May 20, 2026
3/11/2026Source: Metro MLS Status Change
Closed
3/11/2026Source: Metro MLS Status Change
Closed
7/28/2025Source: Metro MLS Added to Database
December 08, 2022
7/28/2025Source: Metro MLS Added to Database
December 08, 2022