1405 Chestnut Street Atlantic, IA ^$ 410,000

1405 Chestnut Street

^$ 410,000

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1405 Chestnut Street

Atlantic, IA, 50022

^$ 410,000

Bedrooms-- Baths-- Sq 6,240

Monthly Estimate*

^$ 2,558

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Commercial Property for sale in Atlantic, IA

for $410,000. This 6,240 square foot building was built in 1950 on a lot size of 0.26.

Come see this well-maintained apartment building that offers many updates throughout! There are four 2 bedroom apartments and four 1 bedroom apartments. Residents appreciate the convenience of a coin-operated washer and dryer and off-street parking. Landlord pays water, sewer and trash removal. This would make a great addition to any investor's portfolio!

Commercial Active

Price

^$ 410,000

Property Type

Commercial

Taxes

^$ 3,768

Style

Lot Size

0.26

Year Built

1950

Town/City

Atlantic

County/Region

Cass

MLS | Web ID

6331037

Features

General

Sewer City Sewer/Connected

Heating Forced Air

Cooling Window Unit(s)

Utilities Electric Separate Heating Separate Hot Water Common

Roof Rubber

Appliances Range Refrigerator

Garage Spaces 0

Construction Materials Stucco

Year Built 1950

Tenant Pays Cable T.V. Electricity Fuel Insurance

Property Subtype Apartment

Tax Year 2024

Current Use Residential

Accessibility None

County Cass

Property Type Commercial Sale

Association Amenities Laundry Porch

Contingency Inspection

Subdivision Name HENNINGSEN ADDITION

Possible Use None

Status Active - Contingent

Directions North on Chestnut from 7th Street.

Association Name WCIR

Open Parking Spaces 8

Number Of Units Total 8

Lot Size Units Acres

Lot Size Square Feet 11325.6

Tax Annual Amount 3768

Living Area Units Square Feet

Standard Status Active

Legal Description HENNINGSEN'S ADD E8'L8 OF 1 & L2 OF 1 E8'L8 OF 1 & L2 OF 1 E1/2 NE1/4 SW1/4 SEC 8

Interior

Basement Full Unfinished

Exterior

Parking Features Paved

Water Source Public

Building Area Total 6240

Lot Dimensions 75x148.53

Lot Size Acres 0.26

* Excluded Features

List By

Melissa Ihnen

Listing Agent

Meyer & Gross Real Estate Co

Broker

melihnen@hotmail.com

Affordability Calculator

$2,872

Per Month

Monthly Principal & Interest: $2,558
Monthly Property Taxes: $314
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Atlantic, IA

Average List Price ^$296,250

Percent of Sale Price 28%

About Atlantic, IA

6,968 Population

-3% Since 2002

^$42,196 Median Income

43.67 Median Age

27% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2872932 Elementary School

2872966 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
8/21/2025	$410,000		Listed Price

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1405 Chestnut Street, Atlantic, IA, 50022 is a Commercial Property for sale at $410,000 with 6,240 sqft and a lot size of 0.26. 1405 Chestnut Street was built in 1950. The property's zip code is 50022 which is in Atlantic, IA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of the Iowa Association of REALTORS service.

The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is deemed reliable but is not guaranteed accurate by the the MLS. The MLS may, at its discretion, require use of other disclaimers as necessary to protect participants and/or the MLS from liability. Data is updated as of 12/7/2025.

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1405 Chestnut Street

Commercial Property for sale in Atlantic, IA

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