940 N Bridge Street Chippewa Falls WI 54729 $300,000 Schedule Tour
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For Sale
$300,000

940 N Bridge Street 1-4, Chippewa Falls, WI 54729

4,655 sqft · $64/sqft · 1.8 acres · Built 1896

MLS# 1602667

About 940 N Bridge Street 1-4, Chippewa Falls, WI 54729

Rare historic four-unit property overlooking Duncan Creek and Chippewa Falls on 1.8 acres near Irvine Park and downtown.

Month-to-month tenancies offer flexibility to reposition rents, complete improvements, or pursue possible owner-occupancy.

Current rents are below market.

Appraised at $422,500 in May 2025.

Known as the historic A.B.

McDonell Mansion, built by Alexander B.

McDonell, this landmark showcases hardwood floors, ornate ceilings, stained and etched glass, detailed woodwork, and floor inlays.

Unit mix includes (1) 2bed/1.5bath unit with a screened porch and (3) 1bed/1bath units.

Each offers abundant natural light, historic character, and scenic views.

Includes a detached 3 car garage with rear storage and ample off-street parking from Judith Street.

A historic driveway from N Bridge Street retains its original stonework but is no longer used.

A July 2026 rental-market analysis estimates rents of $695 per month for each 1 bedroom unit and $995 for the 2 bedrooms unit, representing potential stabilized gross rent of $3,080 per month or $36,960 annually at full occupancy.

Projections are not guaranteed and depend on condition, improvements, lease terms, timing, and market conditions.

Buyers should verify projected rents, expenses, and improvement costs.

Sold as-is.

A distinctive value-add opportunity combining rental flexibility, historic character, and long-term upside in a premier Chippewa Falls location.

Property Details

Above Grade Finished
3,655 sq ft
Lot Dimensions
299 x 185 x
Possession
Subject To Tenant Rights
Zoning
Commercial, Residential-Multifamily
Heating
Radiant
Electric
Circuit Breakers
Water
Public
Sewer
Public Sewer
Foundation
Block, Stone
Construction
Metal Siding
Appliances
Common Water Heater, Dryer, Electric Water Heater, Other, See Remarks, Washer
Basement
Full
Fireplace
One, Other, See Remarks
Patio & Porch
Concrete, Covered, Patio, Porch, Screened
Parking
Other, See Remarks
Other Structures
Outbuilding
Waterfront
Creek
Water Frontage
156 ft
View
Water
School District
Chippewa Falls Area Unified
County
Chippewa
Township
City of Chippewa Falls
Directions
Heading North on Business Hwy 53, at West River St traffic circle take the 2nd exit onto N Bridge St. Turn left on W Elm St. Turn right on Judith St. Property is accessible from the parking lot, located on Judith St.
Parcel Number
22808062160320508
Original List Price
$390,000
Exclusions
Sellers Personal, Tenants Personal
Legal Description
POUND'S ADDITION LOT 7 THE NW 48', ALL OF LOT 8 BLK 5 & PRT NE NW BEG @ NW COR BLK 27 ALLEN'S ADD; N 83.5 D W 119.5', N 40 D W 396', N 60... (lengthy)
Listing Brokerage
General Property Management LLC

Location

  • Parks
  • Boat landings
  • Bike trails

What's Near 940 N Bridge St 1-4, Chippewa Falls, WI 54729

Nearby Boat Landings

Nearby Bike Trails

Chippewa Falls Area Schools

Chippewa Falls Area Unified School District

Nearby colleges & universities

School information is sourced from public NCES data (assigned public schools from attendance-boundary data; nearby private schools and colleges by distance) and may change. Confirm directly with the school or district before relying on it.

Chippewa Falls Property Taxes

Annual tax
$5,386.00 (2025)
Parcel #
22808062160320508
County
Chippewa

Mortgage Calculator

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Principal & interest
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Property tax (est.)
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Home insurance (est.)
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Estimate only. Insurance assumed at 0.4% of home price annually; property tax from MLS data when available, otherwise 1.5%. Not a loan offer — confirm with your lender.

More Multi-Family Properties near 940 N Bridge St 1-4 Chippewa Falls, WI 54729

This website is a service of 1 Reason Realty, a broker participant of the Northwestern Wisconsin MLS. IDX information is provided exclusively 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. Information is deemed reliable but not guaranteed.