$575,000 For Sale

18419 W Chicago Street
Detroit, MI 48228

Multi Family Home
16117 sq ft lot - MLS# 20221038422
Property Photo
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Description

Excellent investment opportunity in Detroit! This is a 14 unit apartment building with 12 units currently occupied. This can be a long term investment to generate cash flow for a savvy investor.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Active
  • County/Area: Wayne County
  • Zip Code: 48228
  • Year Built: 1962
  • School District: Detroit
  • Basement: Slab
  • Lot Size: 16117 sq ft lot
  • Basement Type: No
  • Cooling: Wall Unit(s)
  • Directions: South of Plymouth, North of Joy Rd, West of Southfield Fwy, East of Evergreen. Take the Southfield Freeway to the Joy Rd exit to get to West Chicago.
  • Extras: Laundry Facility
  • Gross Income: 117600
  • Heat Source: Natural Gas
  • Heating: Baseboard, Radiant
  • Lot Size Area: 0.37
  • Lot Size Square Feet: 16117.2
  • Lot Size Units: Acres
  • MLS Area Major: Wayne County - 100
  • MLS Area Minor: Wayne County - 100
  • Main Type: Multi Family
  • Operating Expense: 54000
  • Parcel Number: W22I003788C95
  • Road Frontage: 162
  • SEV: 285000
  • Street Type: Paved
  • Tax Annual Amount: 6528
  • Tax Legal Description: S W CHICAGO 13 THRU 6 FRANKLIN PARK SUB L55 P74 PLATS, W C R 22/307 161.5 X 100
  • Total Approx Sq Ft All Bldgs: 11310
  • Total Num Units: 14
  • Water Source: Public
Courtesy of Siegel Clore, IPS Management LLC
Source: Michigan Regional Information Center (MichRIC)
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