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$499,000   Price Analysis
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502 Wilmot Ave
Twin Lakes, WI 53181
Unknown bed 0 bath unknown SqFt ($0/SqFt)
0.27 acre lot. Built 1925
Listed 2022-11-09, Taxes $2,975		✓ USDA Eligible
near Twin Lakes, WI
 

Calling all investors!

Check out this commercial property located on a busy intersection in desirable Twin Lakes, WI. Currently two-family each with 1 bedroom, 1 bathroom but the possibilities are limitless with this ideal piece of land with room to expand.

Enjoy pretty sunsets with partial lake views of Lake Mary and enjoy summer and winter recreation like boating, skiing, fishing, kayaking, ice fishing and more. There is a public parking lot right next to the lot perfect for business parking. Located close to the IL border for an easy commute.


Presented by Jennifer Baak @Properties at
@properties Lake Geneva.
Listing Agent Photo

Property MLS #1817684 from MetroMLS

Total Bathrooms: 0

Basement Features: Partial
Basement Description: Partial Basement

Lot Size Acres: 0.27
Lot Size Source: Public Records
Lot Size Square Feet: 11761

Garage Spaces: 2
Garage Description: Detached
Parking Features: Parking Space, Alley Entrance, Driveway Entrance

Association: No
Calculated Total Monthly Association Fees: 0

Elementary School: Lakewood
High School: Wilmot
High School District: Twin Lakes #4

Lakewood Elementary School is a public elementary and middle school located approximately 0.4 miles away.
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Wilmot High School is a public high school located approximately 3.3 miles away.
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St. Alphonsus Catholic School is a private elementary and middle school located approximately 3.8 miles away.
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Tenant Pays: Electricity, Gas

Annual Tax Amount: 3069
Source Listing Status: Active
County: Kenosha
Tax Year: 2023
Source Property Type: Two-Family
Exclusions: Window A/C units.
Inclusions: 2 ovens/ranges, 2 refrigerators.
Owner Pays: Sewer
Parcel Number: 8541192232175
Postal City: Twin Lakes
Zoning: Commercial
Zoning Description: Commercial
Property Subtype: Two Family
Source System Name: C2C

YearAssessments
Building + Land
Total		Tax
2022$66,400 + $71,100
$137,500		$2,975
2021$66,400 + $71,100
$137,500		$2,822
2020$66,500 + $71,100
$137,600		$3,321
2019$66,500 + $71,100
$137,600		$3,173
2018$66,500 + $71,100
$137,600		$3,114
2017$66,500 + $71,100
$137,600		$3,308
2016$66,500 + $71,100
$137,600		$3,302
2015$64,200 + $71,100
$135,300		$3,293
2014$64,200 + $71,100
$135,300		$3,202
2013$64,200 + $71,100
$135,300		$3,304
2012$64,200 + $71,100
$135,300		$3,328
2011$71,500 + $96,800
$168,300		$3,400
2010$71,500 + $96,800
$168,300		$3,391
2009$71,500 + $96,800
$168,300		$3,341
2008$71,500 + $96,800
$168,300		$3,162
2007$71,500 + $96,800
$168,300		$3,088

Listed 2022-11-09
$499,000
MetroMLS
Listing removed 2022-05-04
$0
MetroMLS
Listed 2021-06-17
$500,000
MetroMLS
Listing removed 2021-05-03
$0
MetroMLS
Listed 2020-08-26
$500,000
MetroMLS
Sold 1992-09-01
$64,900
Public Record

Year Built: 1925
Construction Materials: Aluminum
Living Area Source: Public Records
Property Age: 99
Year Built Source: Public Records

Sewer: Municipal Sewer
Water Source: Private Well
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.