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13242 W Chicago Street

Detroit, MI 48228
Square Ft.
9,600
$375,000
***Redevelopment Opportunity***Offered at $375,000 - approximately $17,045 per unit before renovation. Bring new life to this highly visible brick apartment building along Detroit's West Chicago corridor. The property offers approximately 14,400 square feet of gross building area and is configured with 22 one-bedroom, one-bath apartments across three levels, including the… Read MoreRead Less
Provided through IDX through Realcomp II Ltd. Courtesy of Elite Urban Realty Professionals, (248) 419-1004.
Listing Snapshot
Days Online
6
Last Updated
Property Type
Multifamily
Square Ft.
9,600
Lot Size
0.31 Acres
Year Built
1966
MLS Number
20261066026
30 Days Snapshot Of 48228
$70k
-15%
(avg) sold price
48
+20%
homes sold
72
+4%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Paved
Basement
Finished, Basement?: 1
Building
22 total units, 22 one-bedroom units, Built in 1966, Architectural style: Other, Traditional, Brick, Vinyl, 9,600 total square feet, 14,400 combined square feet, 4,800 lower floor square feet, 4,800 total basement square feet, Unit count: 22
Cooling
Wall Unit(s)
Fireplaces
Fireplace?: 0
Foundation
Basement
Garage
Garage?: 0
Water Features
Electric, Public (Municipal)
Heating
Baseboard, Electric
Lot
Lot size area: 0.31, Lot size dimensions: 134X100
Miscellaneous
Gross scheduled income: $237,600, Income projection: Projected, Monthly rental income: $19,800, Net operating income: $117,600, Operating expense: $120,000
Parking
22 parking spaces
Pool
Pool?: 0
Property
Property type: Multifamily
Taxes
Tax amount (summer): $8,468, Tax amount (winter): $12,632
Sewer
Sewer (Sewer-Sanitary)
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Monthly Payment
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Ali Berry
Broker/Owner
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Schools In The Area

Check out nearby schools with ratings and contact info.
Mackenzie Elementary-Middle School 313-416-6400 Public PK-8
Cody High School 313-866-9200 Public 9-12
Mackenzie Elementary-Middle School 313-416-6400 Public PK-8
Mackenzie Elementary-Middle School 313-416-6400 Public PK-8
Mackenzie Elementary-Middle School 313-416-6400 Public PK-8
Cody High School 313-866-9200 Public 9-12

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IDX provided courtesy of Realcomp II Ltd., via Quest Realty and Ali Berry, Listing Information © Realcomp II Ltd. Shareholders. All Rights Reserved.

IDX provided courtesy of Realcomp II Ltd., via Quest Realty and Ali Berry, Listing Information © Realcomp II Ltd. Shareholders. All Rights Reserved.

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. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.