Detroit, MI 48228,18419 W CHICAGO ST
$190,000
$240,000
20.8%
Est.Price: ?

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14 BD
11,454 SqFt

18419 W CHICAGO ST Detroit, MI 48228

Est. payment /mo
SOLD DATE : 06/23/2017

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Key Details

Sold Price $190,000

Property Type Commercial

Sub Type Apartments

Listing Status Sold

Purchase Type For Sale

Square Footage 11,454 sqft

Price per Sqft $16

Subdivision Franklin Park (Plats)

MLS Listing ID 215113822

Sold Date 06/23/17

Bedrooms 14

Originating Board Realcomp II Ltd

Year Built 1962

Annual Tax Amount $5,339

Lot Size 0.370 Acres

Acres 0.37

Lot Dimensions 161.50X100.00

Property Description

STABILIZED CASH FLOWING 14 UNIT BRICK GARDEN STYLE TWO STORY APARTMENT BUILDING LOCATED WEST OF THE SOUTHFIELD
FWY ON W. CHICAGO ST. CLOSE TO MAJOR PUBLIC TRANSPORTATION HUBS, GROCERY, AND RETAIL. THE PROPERTY IS OUTFITTED
WITH A HOT WATER / BASEBOARD SYSTEM AND THE UNITS ARE SEPARATELY METERED FOR ELECTRICITY. CHICAGO
APARTMENTS HAS 11 ONE BEDROOM UNITS WHICH RENT FOR $440 & 3 TWO BEDROOM UNITS WHICH RENT FOR $525. SELLER WILL ACCEPT $215K CASH IF THE OFFERI IS 100% CASH AND CLOSES IN 45 DAYS OR LESS.

Location

State MI

County Wayne

Area Det: Joy-Schoolcraft Grnfld-Limi

Zoning Residential

Direction Chicago to address on the South side of street.

Interior

Hot Water Natural Gas

Heating Baseboard

Heat Source Natural Gas

Exterior

Pool No

Roof Type Asphalt

Road Frontage Paved

Building

Foundation Basement

Sewer Sewer at Street

Water Municipal Water

Level or Stories 2 Story

Structure Type Brick

Schools

School District Detroit

Others

Tax ID W22I003788C95

Ownership Private Owned,Short Sale - No

SqFt Source PRD

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

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Realcomp MLS
Listed by Keller Williams Royal Oak Market Center

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