$4,750

closing credit¹

118 Chestnut St Lake City, MN 55041

$400,000
4 beds
2 full
2,350 sqft
$170 / sqft
House

Property details

About 118 Chestnut St

This is the perfect opportunity for anyone seeking a family home and/or rental property in Lake City, MN. Step into this 4 bedroom, 2 bathroom home located just a few blocks from Lake Pepin and Downtown Lake City. Situated on a corner lot with a spacious yard, 2 car detached garage with a drive through driveway and a wrap around covered porch. This 2,350 square foot home features beautiful woodwork throughout the house and ample natural lighting. The main floor has a large entryway, updated kitchen with generous cabinet space and a comfortable living room and dining area. 3 nice sized bedrooms are located on the second floor along with a bonus room-perfect for a home office, toy room or study with cabinetry and storage and a second full bath. The second floor also features a bright 3-season porch, perfect for Minnesota's Spring and Fall months. Walk up to an unfinished attic that has great potential for finishing.

Highlights

Home typeSingle Family Residence
HeatingSteam, Hot Water
StatusActive
CoolingWindow Unit(s)
Size2,350 sqft
BasementYes
Year built1860
ParkingDetached, Gravel, Shared Driveway
MLS #6647770
Garage2 spaces

Summary

  • MLS Number: 6647770
  • MLS Name: NORTHSTAR
  • Office Name: Loam Commercial Real Estate

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exterior space featuring a porch and a yard

$400,000

118 Chestnut St

$4,750

closing credit¹

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Price information

Property sales

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Tax history

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Nearby schools

6

Bluff View Elementary School

Public District PK-6

1.0 mi

1156 W Lakewood Ave

7

Pepin Elementary School

Public District PK-6

5.9 mi

510 Pine St

7

Plum City Elementary School

Public District PK-5

13.2 mi

621 Main St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $46,875. The most common annual income of people living in Lake City, MN is between $35k-100k. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

38%
<35k
54%
35k-100k
5%
100k-200k
3%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

43%
Single, No Kids
9%
Single, with Kids
35%
Married, No Kids
13%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

11%
<11 yrs old
5%
12-17 yrs old
19%
18-34 yrs old
36%
35-64 yrs old
29%
65+ yrs old

What do the neighbors do for fun?

  • Figure SkatingFigure Skating
  • PGA/LPGAPGA/LPGA
  • NASCARNASCAR

Where do the neighbors shop?

  • Stein MartStein Mart
  • Dollar GeneralDollar General
  • KmartKmart

Where do the neighbors go to eat?

  • Bob EvansBob Evans
  • Cracker BarrelCracker Barrel
  • ArbysArbys

What do the neighbors drive?

  • BuickBuick
  • LincolnLincoln
  • RamRam

What do the neighbors listen to?

  • Adult StandardsAdult Standards
  • News/Talk/InformationNews/Talk/Information
  • Classic CountryClassic Country
All data provided by Home Junction and Claritas

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Frequently asked questions

About 118 Chestnut St

This home is located at 118 Chestnut St in Lake City, MN and zip code 55041. This 2,350 square foot home was built in 1860. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since January 10, 2025 and is currently priced at $400,000.

Lake City, MN housing market in January 2025 saw over 0 listings sold above listed price, more than 1 sold at listed price and over 3 sold below. The inventory of homes for sale in Lake City, MN between December and January 2025 increased by 6.1%. In January 2025 median list price was $302,000 and the average listing age was 53 days.

From Rocket Homes Real Estate and based on county public records data.

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