$5,344 Closing Credit¹
#PABK2056924, Jorge Diaz Jr., Listing office: Light House Realtors, LLC
$475,000 List price
1101 Chestnut St Reading, PA 19602
$5,641
Closing credit¹
0.05 acres
House
Property details
About 1101 Chestnut St
Prime Investment Opportunity – 1101 Chestnut St, Reading, PA 19602. Unlock the potential of this versatile mixed-use commercial property located in the heart of Reading! Positioned on a high-visibility corner lot, 1101 Chestnut Street offers immediate income potential and long-term growth—an ideal opportunity for investors or owner-occupants. First Floor –Commercial Space (Vacant): Spacious and flexible layout, perfect for retail, office, or a service-based business. Features excellent street exposure and high foot traffic, making it an ideal spot for entrepreneurs looking to launch or expand. Second Floor Unit 1: 1 Bedroom, 1 Bathroom – A well-designed layout offering comfort and privacy. Unit 2: Studio Apartment – Cozy and efficient, perfect for a single tenant. Unit 3: 3 Bedrooms, 1 Bathroom – Spacious and versatile, ideal for small families or shared living. Each residential unit has a separate entrance, enhancing convenience and privacy for tenants. With a mix of residential rental income and a vacant commercial space ready for occupancy or leasing, this property delivers solid cash flow potential and flexibility. Don’t miss your chance to own a multi-use building in a growing area—schedule your private showing today!
Highlights
Home typeOther
HeatingBaseboard
StatusActive
(ACTIVE)
(ACTIVE)
BasementYes
Lot size0.05 Acres
Year built1900
ParkingGarage - Rear Entry, Attached Garage
MLS #PABK2058530
Garage2 spaces
Summary
- Basement: Yes
- Garage Space: 2 spaces
- Parking: Garage - Rear Entry, Attached Garage
- Architectural Style: Other
- Heating: Baseboard
- Cooling: None
- List Price: $475,000
- Annual Tax Amount: $1,037
- Tax Year: 2024
- Directions: Turn left at the 1st cross street onto Berkshire Blvd. Continue on Penn Ave. Take Franklin St to Chestnut St in Reading, then turn left onto Chestnut St, destination will be on the left.
- Year Built: 1900
- Municipality: Reading City
- Lot Size: 0.05 Acres
- MLS Number: PABK2058530
- MLS Name: BRIGHT
- Office Name: Coldwell Banker Realty
- Office Phone: (610) 373-9900
- Listing Agent: Nehemiah J Lindo
- Agent Phone: (484) 784-8113
- Agent Email: realtorlindo@gmail.com
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/12/2025, 12:55:32 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$475,000
1101 Chestnut St
$5,641
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Dec 22, 2020 | Home Sold | $45,000 |
| Mar 17, 2006 | Home Sold | $135,000 |
| Feb 22, 2002 | Home Sold | $90,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $39,200 | $1,037 |
| 2023 | $39,200 | $1,713 |
| 2022 | $39,200 | $1,713 |
| 2021 | $39,200 | $1,713 |
| 2020 | $39,200 | $1,696 |
| 2019 | $39,200 | $1,696 |
| 2018 | $39,200 | $1,696 |
| 2017 | $39,200 | $1,685 |
History based on county public records data.
Nearby schools
4
Amanda E. Stout Elementary School
Public District PK-4
0.2 mi
•321 S 10th St
4
10th and Penn Elementary School
Public District PK-4
0.3 mi
•955 Penn St
4
16th and Haak Elementary School
Public District PK-4
0.6 mi
•1601 Haak St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $21,754. The majority of Reading, PA residents have income less than $<35k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
72%
<35k
26%
35k-100k
2%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
61%
Single, No Kids
23%
Single, with Kids
7%
Married, No Kids
9%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
21%
<11 yrs old
11%
12-17 yrs old
20%
18-34 yrs old
30%
35-64 yrs old
18%
65+ yrs old
What do the neighbors do for fun?
UFC- Pro Boxing
PGA/LPGA
Where do the neighbors shop?
Family Dollar
Burlington
Chico's
Where do the neighbors go to eat?
Burger King
Popeyes
Cracker Barrel
What do the neighbors drive?
Buick
Dodge
Cadillac
What do the neighbors listen to?
Urban Contemporary
Soft Adult Contemporary
Jazz
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1101 Chestnut St
The listing price of 1101 Chestnut St property is $475,000.
The property 1101 Chestnut St is a house located in Reading, Pennsylvania, 19602.
Active Listing: 1101 Chestnut St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1101 Chestnut St are: Amanda E. Stout Elementary School (GreatSchools Rating 4/10), 10th and Penn Elementary School (GreatSchools Rating 4/10), 16th and Haak Elementary School (GreatSchools Rating 4/10), Southern Middle School (GreatSchools Rating 4/10), Central Middle School (GreatSchools Rating 4/10), Southwest Middle School (GreatSchools Rating 4/10), Reading Senior High School (GreatSchools Rating 2/10), Exeter Township Senior High School (GreatSchools Rating 6/10), Antietam Middle Senior High School (GreatSchools Rating 4/10).
According to the records, the last property tax for 2024 is $1,037 (source: MLS/based on county public records data).
The last sale was on December 22, 2020 for $45,000 (source: MLS/tax record).
The property at 1101 Chestnut St has 0 bathroom.
The sq. ft. of 1101 Chestnut St is not available (source: MLS/tax record).
The year of construction for 1101 Chestnut St is 1900.
This home is located at 1101 Chestnut St in Reading, PA and zip code 19602 in the Southside neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since June 10, 2025 and is currently priced at $475,000.
In May 2025 in Reading, PA there were 87.3% more homes for sale than in April. In May 2025, listings were on the market for 39 days. During the same period, the median list price in this real estate market was $286,000.
From Rocket Homes Real Estate and based on county public records data.