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STABILIZED LAKEFRONT INVESTMENT! A compelling opportunity to acquire a fully occupied, income-producing office asset in a highly desirable Lake Michigan location. Generating $178,538.16 in gross annual income and offering an attractive 7.07 CAP rate, this well-maintained 3 story property features ample off-street parking and a strategic location near Downtown Racine's Courthouse and City Hall. The Lake Forum Building offers approx. 19,000 SF of established tenancy, quality ADA compliant professional office space with Elevator. A beneficial addition to an established portfolio or an excellent opportunity to acquire a stabilized commercial asset with income in place. Call today for your private tour!
| LAST UPDATED | 9/8/2026 | YEAR BUILT | 1974 |
|---|---|---|---|
| COUNTY | Racine | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| BASEMENT | Full, Yes |
|---|---|
| CONSTRUCTION | Brick, Stone |
| INTERIOR | Elevator |
| LOT | 1.06 acre(s) |
| LOT DIMENSIONS | 1.06 |
| SEWER | Public Sewer |
| TAXES | 33077.91 |
| WATER | Public |
| ZONING | O/I |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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*Estimate only
Listed with DeRango Real Estate Services
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This IDX solution is (c) Diverse Solutions 2026.
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