Detroit, MI 48228,20810 W Chicago Street
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Detroit, MI 48228,20810 W Chicago Street
Detroit, MI 48228,20810 W Chicago Street
Detroit, MI 48228,20810 W Chicago Street
Detroit, MI 48228,20810 W Chicago Street
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Realty Executives Showcase Commercial

Realty Executives Showcase Commercial

+1(586) 726-4600
$ 625,000
Est. payment /mo
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20810 W Chicago Street Detroit, MI 48228

7,796 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type Apartments,Business And Real Estate

Listing Status Active

Purchase Type For Sale

Square Footage 7,796 sqft

Price per Sqft $80

Subdivision Western Rouge Park

MLS Listing ID 20251030310

Year Built 1948

Annual Tax Amount $15,989

Lot Size 8,712 Sqft

Acres 0.2

Lot Dimensions 88x 1000

Property Sub-Type Apartments,Business And Real Estate

Source Realcomp II Ltd

Property Description

Discover this well-maintained 11-unit apartment building located in the heart of Detroit. The property features 4 spacious two-bedroom units and 7 comfortable one-bedroom units, offering a versatile mix to attract a wide range of tenants.
Strong Occupancy: 9 of 11 units currently leased, providing immediate cash flow.
Tenant-Paid Utilities: Each unit is separately metered for electric, with tenants responsible for their own usage.
Landlord-Paid Water: Simplifies utility management for residents.
Investment Potential: Opportunity to increase income with two vacant units ready for new tenants or updates.
This property is ideal for an investor seeking a stable, income-producing asset with room for growth. Conveniently located near major roads, schools, and amenities, this building offers both short- and long-term upside potential in Detroit's rental market.
*Showings by appointments by only.

Location

State MI

County Wayne

Area Det: Joy-Schoolcraft Grnfld-Limi

Zoning Multi-Family

Direction I-96 TO EVERGREEN, S. TO W. CHICAGO, W. TO ADDRESS ON N SIDE

Interior

Heating Forced Air

Heat Source Natural Gas

Exterior

Road Frontage Paved

Building

Sewer Sewer (Sewer-Sanitary), Sewer at Street

Water Public (Municipal)

Level or Stories 2 Story

Structure Type Brick

Schools

School District Detroit

Others

Tax ID W22I004056C9

Ownership Short Sale - Yes,Private Owned

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Full Service


Realcomp MLS
Listed by Kestiny Todd of EXP Realty Main

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Realty Executives Showcase Commercial

+1(586) 726-4600

showcasecommercial@realtyexecutives.com

20810 W Chicago Street