Under contract

Price cut: $500K (4/22)

$10,000,000

522 E Wilson St, Madison, WI 53703

--beds

--baths

1.53Acres

Unimproved Land

Built in ----

1.53 Acres Lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

Prime 1.534 Acre Redevelopment opportunity in downtown Madison, WI! It is currently the Come Back In, Essen Haus Restaurant and Ruby Marie Hotel located at 508-518 E Wilson St. & 134-150 S. Blair St., this property offers magnificent views of Lake Monona. This versatile lot has city approval for a 164-unit apartment building, a 100-room hotel and comes with an existing historic building - Hotel Ruby Marie but the canvas can be yours to paint, tailor this site to your vision whether it's a grand residential project or a mix of luxury apartments and hotel accommodations. The potential for this 1.534-acre gem knows no bounds. Don't miss this rare chance to shape the skyline of downtown Madison. Take the reins of this exciting real estate offering where endless opportunities await.

27 days

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Facts & features

Property

Features

Has view: Yes
View description: Water
Has water view: Yes
Water view: Water

Lot

Size: 1.53 Acres
Features: Corner Lot

Details

Additional structures: Other
Parcel number: 070913317230
Zoning: multiple
Zoning description: Commericial/Industrial,Historic district,Multi-family,Other
Wooded area: 0

Utilities & green energy

Sewer: Municipal sewer available
Water: Municipal water available
Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Phone Available

Community & HOA

Location

Region: Madison

Financial & listing details

Tax assessed value: $1,256,600
Annual tax amount: $22,191
Date on market: 6/5/2026
Exclusions: tenants personal property
Road surface type: Paved

Estimated market value

Not available

Estimated sales range

Not available

$2,728/mo

Price history

Date	Event	Price
5/14/2026	Contingent	$10,000,000
Source: WIREX MLS #2009723 Report a problem
4/22/2026	Price change	$10,000,000-4.8%
Source: WIREX MLS #2009723 Report a problem
9/29/2025	Listed for sale	$10,500,000
Source: WIREX MLS #2009723 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2024	$23,881 +2.2%	$1,220,000 +5.2%
2023	$23,372	$1,160,000 +14.9%
2022	--	$1,010,000 +9.8%
2021	--	$920,000 +201.6%
2020	--	$305,000 +10.3%
2019	$5,854	$276,400 +4.9%
2018	$5,854 -3.5%	$263,400
2017	$6,066 -79.9%	$263,400 -80%
2016	$30,236 +10%	$1,314,900 +15.6%
2014	$27,489	$1,137,900

Find assessor info on the county website

Monthly payment

Estimated monthly payment$1,822

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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