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  • $249,900

    616 CHICAGO AVENUE, Wausau, WI 54403

    4beds
    1,944sqft
    : 
    $1,866/mo
    Get pre-qualified
    Multi Family, Duplex
    Built in 1900
    -- sqft lot
    $248,900 Zestimate®
    $129/sqft
    $-- HOA

    What's special

    Painted cabinetryStainless steel appliancesGranite countertopsNewer countertops and flooring
    Looking to add to your rental portfolio or take advantage of an owner-occupied investment opportunity? This upper/lower duplex offers the best of both worlds?live in one unit while collecting rent from the other, or add a solid income-producing property to your portfolio!,Recent updates make this property even more appealing. The lower unit has undergone major renovations, including a beautifully updated kitchen featuring knotty alder cabinetry, granite countertops and stainless steel appliances. Engineered hardwood flooring flows throughout the main living areas, while the primary en-suite offers a spacious walk-in closet and private bath with a tiled walk-in shower. The upper unit is currently vacant and ready for immediate occupancy or a new tenant. Updates include painted cabinetry, newer countertops and flooring, creating a bright and welcoming living space. The unit has also been professionally cleaned, making it truly move-in ready. Major property improvements include a new roof in 2017, furnaces and electrical panels in 2018, and new garage siding and roof in 2025. Separate gas and electric meters for each unit add convenience for both owner and tenants. With an excellent rental history, updated living spaces and the flexibility to owner occupy or fully rent, this duplex is ready for its next chapter. Whether you?re a seasoned investor or looking to make your first move into real estate investing, this is an opportunity worth taking a closer look at!
    25 days
    741
    31

    Zillow last checked:

    Listing updated:

    Listed by:

    CAROLYN MCNAMARA carolyn.mcnamara@exprealty.com,

    eXp Realty, LLC,

    Rachel Mizgalski 715-347-8571,

    eXp Realty, LLC

    Source: WIREX MLS,MLS#: 22604559MLS LogoOriginating MLS: Central WI Board of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 3
      Bathroom
      • Features: Master Bedroom Bath
      Heating
      • Natural Gas, Forced Air
      Appliances
      • Included: Refrigerator, Range/Oven, Dishwasher, Microwave, Washer, Dryer
      Features
      • Has fireplace: No
      Interior area
      • Total structure area: 1,944
      • Total interior livable area: 1,944 sqft

      Property

      Parking
      • Total spaces: 2
      • Parking features: 2 Car
      • Garage spaces: 2
      Features
      • Levels: One and One Half
      • Stories: 1
      • Patio & porch: Deck, Porch
      Lot
      • Size: 7,405 Square Feet
      • Dimensions: .17
      Details
      • Parcel number: 29129072520063

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family, Duplex
      Materials
      • Vinyl Siding
      • Roof: Shingle
      Condition
      • 21+ Years
      • New construction: No
      • Year built: 1900

      Utilities & green energy

      • Electric: Separate Electric Meters
      • Sewer: Public Sewer, Master Meter
      • Water: Public, Master Meter
      • Utilities for property: Separate Electric Meters, Separate Gas Meters

      Community & HOA

      Location
      • Region: Wausau
      • Municipality: Wausau

      Financial & listing details

      • Price per square foot: $129/sqft
      • Tax assessed value: $143,700
      • Annual tax amount: $3,299
      • Date on market: 9/15/2026

        Estimated market value

        $248,900

        $236,000 - $261,000

        $1,168/mo

        Price history

        DateEventPrice
        9/15/2026Listed for sale$249,900+19%$129/sqft
        Source: WIREX MLS #22604559 Report a problem
        4/10/2025Sold$210,000+10.5%$108/sqft
        Source: WIREX MLS #22501405 Report a problem
        8/7/2024Sold$190,000+0.1%$98/sqft
        Source: WIREX MLS #22402806 Report a problem
        7/1/2024Contingent$189,900$98/sqft
        Source: WIREX MLS #22402806 Report a problem
        6/27/2024Listed for sale$189,900+644.7%$98/sqft
        Source: WIREX MLS #22402806 Report a problem
        1/9/2017Sold$25,500$13/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$2,502 +29.4%$143,700 +59.5%
        2023$1,934 -1.7%$90,100
        2022$1,969 -9.4%$90,100
        2021$2,172 -5.8%$90,100
        2020$2,306 +0%$90,100 +5.9%
        2019$2,305 +13.1%$85,100 +6.9%
        2018$2,038 +3.7%$79,600
        2017$1,966 +2.8%$79,600
        2016$1,912 -2.5%$79,600
        2015$1,961 -1.1%$79,600 -5.7%
        2014$1,982 +1%$84,400
        2013$1,963 -0.3%$84,400
        2012$1,970 -2.9%$84,400
        2011$2,028 -0.5%$84,400
        2010$2,038 +1.5%$84,400
        2009$2,008 +1.9%$84,400
        2008$1,971 +0.6%$84,400
        2007$1,959 +1.4%$84,400 +11.3%
        2006$1,931 -0.2%$75,800
        2005$1,936 -1.8%$75,800
        2004$1,971 +8.9%$75,800 +30.7%
        2003$1,810 +0.3%$58,000
        2002$1,806 +4.1%$58,000
        2000$1,735 $58,000
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        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.
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        Climate risks

        Neighborhood: 54403

        Getting around

        79 / 100
        Very Walkable
        77 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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