1601 CHELLIS STREET, Wausau, WI 54401 | MLS #22234535 | First Weber
  

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Listing provided courtesy of AMAXIMMO LLC- MLS# 22234535MLS ProviderContact Information: Phone: 715-841-0015

1601 CHELLIS STREETWausau, WI 54401

Vacant Land
$119,000 Active

1601 CHELLIS STREET Overview

Time on Site:
1001 days
Visits:
68

Exceptional Development Opportunity & Approved 8-Unit Condominium/Townhome Project The City of Wausau has approved this rare development opportunity to build an 8-unit condominium/townhome project, perfectly suited for today's market. A preliminary rendering and site plan for development have been approved, making this a turnkey project. These are the only lakefront lots currently available in the City of Wausau. If you prefer to bring your own multi-unit project, the zoning allows for new city approval tailored to your vision. Property Highlights: 4 Buildable Lots totaling 1.23 acres Zoned TRD-12 (Multi-Family Residential) Lakefront lots with stunning views of Rib Mountain and Wausau Lake Fully serviced with municipal water & sewer, road maintenance, electric, gas, telephone, and cable Outstanding investment potential & ideal for developers, investors, or builders Note: Property is owned by a licensed broker.

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1601 CHELLIS STREET Facts & Features

  • Type Vacant Land

Details

General

School Information

  • Wausau Area School District: Wausau East

Listing Information

  • Sale/Rent: For Sale

Location/Region

  • County Or Parish: Marathon County
  • MLS Area Major: Wausau

Lot Information

  • Total Acres: 1.23

General Information

  • Property Sub Type: Lots
  • Property Type: Land
  • Zoning: Multi-Family

Interior

Exterior

Lot Information

  • Lot Size Acres: 1-5 Acres
  • Water Source: Municipal

Waterfront/View

  • Waterfront Features: Lake
  • Waterfront: Yes

Building Exterior/Construction

  • Road Maintenance: Municipal

General Information

  • Sewer: Municipal
  • Utilities: Cable, Electric, Gas, Telephone
  • Waterfront Footage: 158

1601 CHELLIS STREET Neighborhood

Community

54401 (Wausau) Demographics

40
Median Age
360
Population Density (per sq. mile)
44%
College Educated
$53,378
Estimated Median Income
8,462
Estimated Total Home Owners
4,970
Estimated Total Renters
63% / 37%
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.

1601 CHELLIS STREET 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.

1601 CHELLIS STREET Market Data

Based on the last 30 days in this zip code

$414,726
Average List Price
$178
Average Price per Square Foot
29
Properties Sold
55
Average Days on Market
76
Properties for Sale
Calculations provided by Reliance Network

1601 CHELLIS STREET History

Date Event Value Agent
5/27/2026Source: Central WI MLS Price Reduction
$119,000 -7.8%
2/16/2026Source: Central WI MLS Price Reduction
$129,000 -7.2%
1/27/2026Source: Central WI MLS Price Reduction
$139,000 -6.7%
12/11/2025Source: Central WI MLS Price Reduction
$149,000 -12.3%
11/18/2025Source: Central WI MLS Price Reduction
$169,900 -10.5%
11/4/2025Source: Central WI MLS Price Reduction
$189,900 -5.0%
10/22/2025Source: Central WI MLS Price Reduction
$199,900 -16.4%
9/8/2025Source: Central WI MLS Price Increase
$239,000 107.8%
9/3/2025Source: Central WI MLS Price Reduction
$115,000 -4.1%
8/11/2025Source: Central WI MLS Price Reduction
$119,897 -7.7%
7/28/2025Source: Central WI MLS Added to Database
October 02, 2023
7/28/2025Source: Central WI MLS Price Reduction
$150,000 -6.2%
7/28/2025Source: Central WI MLS Price Reduction
$140,000 -6.7%
7/28/2025Source: Central WI MLS Price Reduction
$129,900 -7.2%