256 E Chestnut St, Burlington, WI
$1,750,000
8,000
Square feet
0.10
Acres
About 256 E Chestnut St
Exceptional mixed-use investment opportunity in Downtown Burlington! Fully gutted, renovated and repurposed in 2021 with extensive updates including roof, exterior, mechanicals and interiors. Property features 2 commercial suites with tenants recently signing new 3-year leases, plus an established, fully furnished Airbnb operation consisting of 4 units: three 2BR/1BA units and one studio. All Airbnb furnishings included in the sale for a turnkey opportunity. Seller reports total property NOI of approximately $185,000-$200,000 annually, with additional value-add and revenue growth potential. Strong diversified income stream with major capital improvements already completed.
Features of 256 E Chestnut St
| MLS® # | 1980528 |
|---|---|
| Price | $1,750,000 |
| Square Footage | 8,000 |
| Acres | 0.10 |
| Year Built | 1900 |
| Type | Commercial |
| Sub-Type | Commercial/Industrial |
| Status | Active |
Community Information
| Address | 256 E Chestnut St |
|---|---|
| City | Burlington |
| County | Racine |
| State | WI |
| Zip Code | 53105 |
Amenities
| Has Pool | No |
|---|
Interior
| Fireplace | No |
|---|---|
| Has Basement | No |
| Basement | Full |
Exterior
| Roof | Rubber |
|---|---|
| Construction | Brick |
Additional Information
| Date Listed | September 11th, 2026 |
|---|---|
| Days on Market | 7 |
| Zoning | B-2 |
| Short Sale | No |
| RE / Bank Owned | No |
| Taxes | $7,637 |
| Tax Year | 2025 |
| Agent | Karl Mckillip |
| Office | Great Lakes Real Estate Svs |
Listing Details
| Office | Great Lakes Real Estate Svs |
|---|