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5020 CHICAGO Road

$ 258,000


Rare Find! Builders, Developers, and Investors will be pleased to find this 3 unit multi-family property. 1 unit has been finished (approx. 1600 sq. ft). This property is a blank slate, the unfinished lower unit has an approx. 1400 sq. ft and unfinished second level unit has an approx. 1800-2000 sq. ft. The final finishes are up to you! The attached garage is connected to all 3 units with an approximate total of 1750 sq. ft. There is enough parking for 6 or more vehicles. Great opportunity for investment. Projected rent for all 3 units estimated at $5,000 total per month. 24-hour notice for showings and no evening appointments due to lighting in unfinished units. Currently Approved as a 2 unit, will need city approval for 3rd unit.

Address: 5020 CHICAGO RD
Zip: 48092
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Property Id : 27205
Price: $ 258,000
Bedrooms: 3
Bathrooms: 3
Building size: 0.46 acres
Available Space: 1600 sq.ft.
Active Openhouse Count: 0
Architecture Level: 2 Story
Architecture Style: Loft
Assessment: 0
Baths Full: 3
Baths Half: 0
CDOM: 85
CoList Agent MUI: 443166148
CoList Agent Direct Work Phone: (248) 590-0800
CoList Agent Email:
CoList Agent FullName: Sydney Miller
CoList Agent MLSID: 423054
CoList Office MUI: 270063949
CoList Office MLSID: 391898
CoList Office Name: KW Domain
CoList Office Phone: (248) 590-0800
Construction Materials: Stone,Vinyl
County Or Parish: Macomb
Cooling: Central Air
Directions: North of 13 Mile Road West of Ryan
Directions From EastWest: W
Directions From EastWest Detail: Ryan
Directions From NorthSouth: N
Directions From NorthSouth Detail: 13 Mile Road
DOM: 85
Exterior Features: Fenced
Foundation Details: Slab
Foundation Materials: Poured
Frontage Feet: 116
Gross Scheduled Income: 0.00
Heating: Forced Air
Heating Fuel: Natural Gas
Income Projection: Projected
Last Change Type: New
List Office Name: KW Domain
List Price By Acre: 560869.5652
Lockbox Location: Front Door
Lock Box Type: Appointment/LockBox
Living Area Source: Public Records
Lot Size Dimensions: 116.00X172.00
MLS: Realcomp II Ltd
MLS Area Major: Warren
MLS Area Major Number: 03131
MLS Number: 219118512
MF Parking: Garages,Paved
Monthly Rental Income: 0
Number Of Units Leased: 0
Annual Net Income: 0.00
Number Of Units Total: 3
Original List Price: 258000.00
Ownership Status: Private Owned,Short Sale - No
Parcel Number: 1305401015
Postal City: Warren
Postal Code Plus 4: 1482
Property Type: Multifamily
Protection Period: 180
Parking Total: 6
Pets Allowed: Yes
Road Frontage Type: Paved
Roof Material: Asphalt
Room Count: 0
School District: Warren Con
Settlement: City
Sewer: Sewer-Sanitary
Short Sale: No
State Equalized Value: 163220.0000
Street Name: CHICAGO
Street Number: 5020
Street Suffix: Road
Sqft Combined: 1600
Table: Multi Family
Tax Amount Summer: 4497.0000
Tax Amount Winter: 132.0000
Tax Legal Description: ASSESSORS ADDITION BLOCK 2 PART OF LOT 3 DESC AS BEG AT NW COR LOT 3; TH N88*42'30"E 116.10 FT ALG N LOT LINE; TH S0*30'20"E 172.0 FT; TH S88*- 42'30"W 115.88 FT; TH N0*34'- 30"W 172.0 FT ALG W LOT LINE TO POB.
Title: Private - Owned
Total Tax: 4629.0000
Unit Count: 1
Unit Efficiency Number Of: 0
Unit Four Bed Number Of: 0
Unit Loft Number Of: 0
Unit One Bed Number Of: 0
Unit Three Bed Number Of: 3
Unit Two Bed Number Of: 0
Water Heater Fuel: Natural Gas
Water Source: Municipal Water
Year Built: 1946
Zoning: Multi-Family
Customer Comment: Yes
Encroachment: No
Exclusions: No
Existing Lease: No
Land Contract: No
Publish Sale Price: Yes
Waterfront: No
Basement: No
Down Payment Resource: No
Percent Homestead Exempt: Yes
Pool: No
IDX provided courtesy of Realcomp II Ltd., via KW Domain and Realcomp, © 2022 Realcomp II Ltd. Shareholders.

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